Goldman Sachs, Android Phone: Hot Trends
(Google Trends article updated with Android phone and new home sales.)
NEW YORK (
--
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.
Google's
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Android phone is a hot topic this afternoon, after blogs revealed that a bootloader called OpeniBoot can be used on Apple iPhones, giving it a dual boot capability. This means iPhone users can choose whether to run iPhone or Android platform when the unit is turned on.
New homes sales soared 27% in March, sending shares of home builders up in afternoon trading -- and sending the phrase "new home sales" spiking in Internet searches.
Pulte Homes
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is up 6.4% to $13.29,
Toll Brothers
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is rising 3.3% to $23.14,
KB Home
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is jumping 2.5% to $19.31 and
Lennar
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is climbing 4.2% to $20.57.
The oil rig, the Deepwater Horizon, that was owned by
Transocean
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and operated by
BP
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and exploded on the Gulf of Mexico on Tuesday, continues to be a trending topic on Google. As of Thursday, 11 workers remained missing.
Fires continued to burn on the rig until it slipped beneath the surface yesterday. BP said that it is doing everything possible to contain the resulting oil spill.
The U.S. military is testing X-37B, a reusable spaceship built by United Launch Alliance, a joint venture between
Boeing
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and
Lockheed Martin
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.
The 20-story rocket took off from Cape Canaveral Air Force Station on Thursday on a technology test flight that could last as long as nine months.
Lane Bryant, which is owned by
Charming Shoppes
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, is making headlines after the company claimed ABC rejected a plus-sized lingerie commercial.
ABC, whose parent company is
Walt Disney
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, issued a statement saying that this is a publicity stunt and that it did not treat Lane Bryant any different than any other advertiser.
Fox will instead air the commercial next Wednesday at 9 p.m.
Greece is a hot topic after it asked for the activation of a joint eurozone-International Monetary Fund rescue, for help to pull out of its debt.
Greece's Prime Minister George Papandreou said Friday he had asked Finance Minister George Papaconstantinou to make a formal request for the plan's activation.
Wipro
is a popular search term after it reported a better-than-expected 21% jump in first-quarter profit.
One of India's largest software exporters said it earned 12.14 billion rupees, or $273 million, on revenue of 69.77 billion rupees.
Goldman Sachs
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continues to be in the spotlight a week after the Securities and Exchange Commission accused the investment bank of failing to disclose conflicts of interest in mortgage investments it sold to investors as the housing market collapsed, costing its own clients $1 billion.
is also linked to the allegations, as the SEC is alleging that his hedge fund, Paulson & Co., another Goldman client, helped select the mortgages inside the vehicles -- vehicles that he wanted to short.
McAfee
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is still making headlines when earlier this week its new antivirus program forced the rebooting of computers at companies, hospitals and schools on Wednesday.
The company said the new software misidentified a harmless file and posted a new replacement update to download.
-- Reported by Jeanine Poggi in New York.
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