Yahoo To Announce Q2 2011 Earnings

Yahoo! has announced it will be revealing its Q2 2011 earnings on July 19, 2011. In response to the new, Forbes.com reported on July 13 that investors in forex trade should plan to focus their attention to developments in Yahoo!’s search advertising business as well as the Yahoo-Alibaba war and the possible effect it can have on Yahoo’s stock. It is no surprise that Yahoo has experienced intense competition from rivals like Google, Microsoft, Facebook and AOL.

Investors who are keeping a close watch on forex charts will want to note that Forbes.com currently maintains a $17.30 price estimate for Yahoo stock, an amount that is nearly 15 percent over the current market price. Although Google continues to dominate the U.S. search engine market with more than 60 percent of the market share, Yahoo did not fare as bad as expected. Yahoo’s total core search increased from 17.9 percent in April 2011 to 19.6 percent in May 2011. According to Forbes.com, the company’s alliance with Microsoft likely helped these gains. If you’re paying attention to forex signals, Forbes suggests that the Alibaba dispute could have a manor downside to Yahoo’s stock.