20% paid clicks growth of Googles stock rose a record

Search engine giant Google (Google) 2008 first quarter earnings report released last week, results exceeded market expectations, in particular, has suffered its challenge before the "paid clicks" total increase of about 20%. Therefore, investment banks have raised Google stock rating and XC9572-15PC84C datasheet and target price, Google stock closed at $ 539.41 on Friday, or nearly 20%, the highest the stock from the second public offering in early 2004, the biggest daily gain since the record.

Soaring spectacle

Google stock in after-hours trading on Thursday, rose 17% had not only day to recover the market value of $ 28,000,000,000, but also shares regain back 500 U.S. dollars / shares high. Meanwhile, Google warrants a single day on Friday, rose 17,530 percent, soaring staged a miracle, the biggest increase of 175 times the United States, the biggest profit of all records of securities derivatives. Exercise price of $ 530 of Google rose to warrant the highest in each of $ 17.63 Friday, while its closing price on Thursday of $ 0.10 each. According to Bloomberg statistics show that Google warrants the days gains on Friday, almost as fast to catch up the Dow Jones Industrial Average since 1900, 18,760 percent of the increase.

Before, as the market worried about the U.S. economic downturn may affect the online advertising spending customers, plus the pessimistic market research firm comScore statistics, Google stock has fallen this year, 35%.

However, although Googles stock rose sharply last week, but still far below the 6 months before the $ 747.24 / share high. Google was the market value of 2,350 billion dollars, higher than Fridays closing price of around 660 billion dollars.

Performance worries

First quarter financial report in accordance with its due to the rapid development of online advertising business, Google first-quarter revenue was 51.9 billion U.S. dollars, an increase of 42%; net profit of 13.1 billion U.S. dollars, an increase of 30%. Excluding stock-based compensation, Google first-quarter adjusted earnings per share of $ 4.84, exceeding analyst expectations of $ 4.52.

Google first-quarter results to eliminate the market for online advertising market may be affected by recession fears and XC9572-15PC84C price and prompted Merrill Lynch, Oppenheimer, Lehman, RBC Capital and XC9572-15PC84C suppliers and Citigroup analysts and other investment banks increased their shares of Google target price.

Investment bank Jefferies & Co research report that Google will be its first quarter results the user into a Web search advertising browse the user has made a greater improvement in the stability of its quarterly results also showed the company for the economic storm have a strong resistance.

Third-party companies have been hit

Before, comScore and other market research firm noted that Googles paid clicks growth rate decreased, leading to the outside world suffering from Google queries that hit inflection point of its share price continued to fall.

But Google released a quarter of the actual paid advertising click-through rate in the U.S. market grew 10%, 20% growth in the global market. Google responded on Friday that the decline in ad clicks reflects the adjustment in strategy, that is committed to improving the effectiveness of your advertising, reduce the value of the click does not produce. This will enable advertisers willing to pay more for each link, and ultimately produce more with fewer clicks earnings.

Driven by the weaker dollar, Google is accelerating the expansion of overseas markets, overseas business accounted for the first quarter to 51% of total turnover, which is the overseas market since the founding of the companys turnover for the first time more than half.

After Google announced earnings report, comScore in 17-hours trading shares dropped 8%. It had explained that the reason why Google released comScore data with similar data differ significantly, mainly due to both the scope of the statistics is not the same.