Google were slammed last night, part the below story about Groupon and part a pending fine of sorts, Apple also had a bad time, perhaps the competition gathering momentum. BUT, the iPad version 2 is going to be released with wow features before some guys have even got version 1 to market. And Walt Mossberg, a well respected journalist at the WSJ who thinks these things through well, suggested that the only tablet he thought could compete with the iPad would be the Samsung Galaxy. So, sorry RIM. Phew, I guess for those types, RIM and HP and even Microsoft and all the androids, they would hope he is wrong.
Same old worries about European sovereign debt issues, and their banking system. Portugal. And the elephant in the room as the Nouriel calls it, Spain. Puyol, Xavi, Iniesta and the like on the winning side for Barca, but Spain finances are no Barca!!! More like Luton Town. Oh dear, I have no doubt that this will knock around for a while. Session end Wall Street closed off the lows, but still down, the Dow down 46 points to 11006, the nerds of NASDAQ down 27 to 2498 and the broader market S&P 500 down 7.2 to 1180.