Google Loses Search Share to Yahoo; Stocks Open Sharply Higher

Stocks were up sharply higher at Thursday's opening bell after the release of the latest jobless claims data. The number of Americans filing for initial state unemployment benefits fell by 4,000 last week to 294,000. The figure was above what economist were expecting but the trend still shows a tightening labor market. Google (GOOG) is down and Yahoo (YHOO) is up when it comes to their share in the search market. Google still dominates with more than 75% of the U.S search market in December. But that's the lowest monthly share recorded since StatCounter began tracking in 2008. Yahoo (YHOO) jumped to almost 10.4% last month, still the third-place underdog. GoPro (GPRO) has its focus on China. The Financial Times is reporting the wearable camera maker is plans to expand distribution to include China this year.