Several well-known tech stocks surged Friday after reporting - TopicsExpress

Several well-known tech stocks surged Friday after reporting better-than-expected third quarter results. That helped push the S&P 500 to an all-time high Friday. The index ended the week up nearly 1%. The Dow and the Nasdaq rose Friday as well and also ended the week up about 1%. The Nasdaq is within striking distance of 4,000, a level it last hit in September 2000. Fridays tech titans: Amazon (AMZN, Fortune 500) posted a loss, but sales were much better than forecasts. Amazons shares soared nearly 10%. Microsoft (MSFT, Fortune 500) easily topped estimates for sales and profits. Those results helped push its stock up nearly 6%. Even Zynga (ZNGA), the troubled online video game company, surprised Wall Street by reporting losses that were slimmer than expected, sending shares up nearly 6%.

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