Updated from 8:39 a.m.

Yahoo!

(YHOO)

was down 10.5% in early trading ahead of its second-quarter earnings report due out after the close. The company is expected to break even vs. EPS of 12 cents a year ago.

TheStreet Recommends

Investors are anxious to hear the company's outlook for the rest of the year.

DoubleClick

(DCLK)

last night posted a wider loss for the second quarter and reined in its revenue outlook for the second half due to the massive slowdown in online advertising.

DoubleClick was down 8.4%.