Earnings News: Microsoft Corporation (MSFT), Google Inc (GOOG), General Electric Company (GE), Intuitive Surgical Inc (ISRG) [VIDEO]

By @JessicaMenton j.menton@ibtimes.com on
Google Inc (GOOG), Microsoft Corporation (MSFT) Earnings Send Dow, S&P Falling

Google Inc. (Nasdaq: GOOG) reported second-quarter earnings of $9.56 a share, below analysts estimates of $10.78 a share, while revenue of $14.11 billion missed expectations for $14.41 billion. Microsoft Corp.


U.S. stocks opened mixed on Friday, after the Dow and S&P closed at record highs in the previous session, as tech giants Microsoft Corp. (Nasdaq: MSFT) and Google Inc. (Nasdaq: GOOG) reported disappointing earnings results.

Shares of Microsoft and Google were lower in premarket trading after the results of both fell short of expectations. Microsoft was down over 7 percent, while Google fell more than 3 percent.

Investors also weighed the latest round of earnings Friday morning as General Electric (NYSE: GE) and Schlumberger Limited  (NYSE: SLB) both reported better-than-expected results, sending their shares higher. GE rose more than 1 percent, while Schlumberger was above 2 percent.

Intuitive Surgical, Inc. (Nasdaq: ISRG) fell more than 14 percent after the company cut its 2013 sales forecast, and Advanced Micro Devices, Inc. (NYSE: AMD) plunged over 10 percent after the company said gross margins would fall.

As of 10:12 a.m. Eastern, the Dow Jones industrial average dropped 20.58 points, or 0.13percent, to 15,571.96. The S&P 500 Index fell 2.29 points, or 0.13 percent, to 1,687.34.

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