Technology stocks on the back of solid economic news and software vendors , including Red Hat and Oracle , some upbeat results rose this week .Computer table on 37 points, 20.95 points and the Nasdaq week , Thursday, Friday 2005.41 . Major exchanges and indices closed higher .
On Friday , the U.S. Commerce Department 's gross domestic product of 3.6 percent , revised from the previous estimate of a 4.1 percent annual rate was increased . The new film in two years , the economy grew at its fastest pace stuff.
In the previous week , the U.S. Federal Reserve , which has been growing over the past few years seems to be more stable than its bond- buying program designed to spur the economy , said it would begin to taper . However , it continues to try to stimulate growth with low interest rates , it would not completely end its bond- buying program .
Tech vendor revenue mix this week , but there were some bright spots . Technology Sector , Oracle reported quarterly revenue of U.S. $ 1.5 billion in business to consumer marketing software vendor Responsys to provide special funding announcement on Friday week .
Responsys' technology Oracle business to consumer and business -to-business marketing campaigns to provide a one-stop shop to help chief marketing officers , the agency said . Oracle has decided to buy .
Earlier this week , Oracle $ 9.3 billion in revenue for its second fiscal quarter increased 2 percent, the report said . Net income declined 1 percent to $ 2.6 billion .
However , excluding one -time charges , earnings per share analysts polled by Thomson Reuters forecast of $ 0.67 to $ 0.69 , were . Earnings topped analyst estimates . One piece of good news : according to the company 's cloud-based software orders increased 35 percent .
Open source enterprise software vendor , Red Hat 's net income rose to $ 35 million from $ 52 million in quarterly revenue , rose 15 percent to $ 397 million a year, the report said .
" Our core Red Hat Enterprise Linux and JBoss middleware technologies , Q3 is a strong demand across a number of key financial metrics decided that exceeded guidance , " Chief Executive Officer Jim Whitehurst said in a statement .
Central and analysis of quarterly earnings last year to $ 265 million from the seller TIBCO , said $ 315.5 million . Net income , however, $ 48.8 million and $ 44.5 million , fell .
" We are building momentum as we enter 2014 , I am very optimistic about the prospects for us in the year ahead , " Chairman and Chief Executive Officer Vivek released as a divisive force . However , the company is now the consensus analyst estimate of $ 255.3 million in the current quarter, down $ 247 million to $ 253 million in revenue , said it expects .
Embattled phone maker 's annual net profit of $ 9 million compared to the previous quarter , to $ 4.4 billion in the three months ending in November, as had been lost in the meantime , the market for the BlackBerry audience Friday was a keen eye . Revenue , $ 1.2 billion was 56 per cent .
Create great news for BlackBerry handsets , Foxconn , the world 's largest contract electronics manufacturer that work , so a loss is expected . The first step is a step away from the hardware market , and is a major shift in strategy . $ 0.97 on the company 's shares , as investors closed at $ 7.22 , praised the deal .
John Chen, chief executive officer of the company in the iOS and Android platforms would be interested in porting some of the company 's software .
A strong close to the year, led by technology stocks . The Nasdaq Computer Index was up 28 percent year on Friday .