With oil prices soaring and the Fed adding inflation to its mounting list of economic worries, all tech eyes were on Oracle Corp. The Redwood shores software giant reported fourth quarter earnings and was touted as no less than the barometer for how corpo

From Silicon Alley Insider, June 25, 2008:The Street thought RIM’s Q1 was an easy layup,
but the BlackBerry maker missed both revenue and EPS estimates, and
issued mixed guidance for Q2. …

Nissan CEO Carlos Ghosn’s cautious comments about the state of the U.S. auto market should come as no surprise to anyone paying even cursory attention. But Ghosn also warned about rising steel prices, which could put even more pressure on struggling U.S.

From Silicon Alley Insider, June 24, 2008:Why is Nokia (NOK) spending $410 million to buy the rest of Symbian,
the smartphone operating system it co-owned with Sony Ericsson and
others? Because its continued dominance of the smartphone market — 60%
of

New home sales fell for the sixth time in seven months in May while inventory levels rose further, the Commerce Department reported Wednesday. The report follows Tuesday’s Case/Shiller Index, which showed a record 15.3% year-over-year drop in home prices.