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The start to earnings season for the technology sector has been disappointing so far. eBay (EBAY) got hit Thursday after reporting earnings that were just in line with estimates. Unfortunately, revenue was a bit light and the company issued some tepid guidance as well. The shares fell about 7% in trading as a result. Intel (INTC) missed both earnings and revenue expectations and made some disparaging remarks during its conference call, which caused the stock to sell off 4% in yesterday's trading.

After the bell Thursday, both Google (GOOG) and Microsoft MSFT reported results that missed both on the top and the bottom lines and the shares are getting pushed down by disappointed investors in pre-market trading today. Both misses could be significant headwinds for the Nasdaq and the market on Friday. Even IBM (IBM), which rose decently after earnings Thursday, reported yet another quarter of declining revenues....319 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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