Target Boycott, GM IPO: Hot Trends

Target Boycott, GM IPO, Hindenburg Omen, Stock Market News, Android 3.0 and 'Oracle sues Google' are the trending topics on Google and Yahoo.
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("Target Boycott" and "GM IPO" have been added to the Hot Trends article.)

NEW YORK (

TheStreet

) -- "Target boycott" is trending on

Yahoo!

(YHOO)

today following reports that liberal protesters have been rallying outside stores and are pushing to boycott

Target

(TGT) - Get Report

.

The activists have been rallying outside Target stores since the retailer gave $150,000 to conservative Republican candidate Tom Emmer's campaign.

Gay rights supporters and progressives do not condone Target's donation to Emmer because he is an outspoken opponent of gay marriage. Liberal groups hope their rallies will deter other businesses from donating funds to elections.

"GM IPO" is a hot search topic today following news that

General Motors

will likely

delay its highly anticipated IPO

registration filing until next week.

Reports said that the company had planned to file Friday, but have decided to wait. The automaker seems to be stalling due to its $1.3 billion profit and because Dan Akerson will succeed Ed Whitacre as CEO.

Last year the company was restructured in bankruptcy court. The government provided GM with around $50 billion in aid in exchange for 61% of the company.

"Hindenburg Omen" is a popular search topic today as jitters over the struggling global economy and the sinking stock market mount.

Named after the famous disaster of 1937, the "Hindenburg Omen" is said to predict financial market crashes based on a certain criteria.

The market met all five criteria required to indicate an imminent crash for the second day in a row on Thursday. The NYSE 10-week moving average was on the rise, the McClellan Oscillator was negative and the new 52-week highs weren't more than twice the new 52-week lows.

The last time the market had a confirmed Hindenburg Omen signal was in May 2008.

"Stock market news" is a trending topic on Yahoo today as stocks hug a flat line in morning trading while the markets absorb the

latest economic data

showing higher retail sales and consumer prices in July.

Retail sales rose 0.4% in July, which was still below the 0.5% increase that economists had been projecting.

The

Dow Jones Industrial Average

was gaining a point to 10,321. The

S&P 500

was down by nearly half of a point at 1083 and the

Nasdaq

was shedding 2 points to 2188.

"Android 3.0" is trending on

Yahoo!

(YHOO)

today following reports that

Sony

(SNE) - Get Report

will work with

Google

(GOOG) - Get Report

to run Android 3.0 on the rumored Sony PlayStation smartphone.

If the speculation is true, Sony will produce the hardware for the so-called gaming smartphone with slide-out PlayStation controls to look like the PSP Go. Some of the possible games that will be available on the phone include

God of War

,

Call of Duty: Modern Warfare

and

LittleBigPlanet

.

The device would also be equipped with a 5-pixel camera and could hit the market as early as October.

"Oracle sues Google" is a hot search topic on the Internet today following reports that business technology software giant

Oracle

(ORCL) - Get Report

has

filed suit

against Google for patent and copyright infringement.

"In developing Android, Google knowingly, directly and repeatedly infringed Oracle's Java-related intellectual property," Oracle spokeswoman Karen Tillman said in a press release.

The complaint alleged that Google has committed acts of patent infringement by purposefully and voluntarily distributing Android and related applications and devices with the expectation that they will be purchased by consumers. The Google Android system uses Oracle's Java technology, which it gained the rights to when it acquired

Sun Microsystem in January

.

The chatter on Main Street (a.k.a. Google) is always of interest to investors on Wall Street. Thus, each day, TheStreet compiles the stories that are trending on Google, and highlights the news that could make stocks move.

-- Reported by Theresa McCabe in Boston.

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Disclosure: TheStreet's editorial policy prohibits staff editors and reporters from holding positions in any individual stocks.