Yahoo's Earnings Exceed Expectations but Ad Revenue Still Eroding

Today's topics include the continued decline of Yahoo's desktop advertising revenue, Intel's strong quarterly revenue report masks weaker prospects, hyperconverged data center products from Dell EMC, and Google's new support for Firebase Cloud Messaging.

Yahoo canceled its quarterly conference call with analysts this week, leaving questions about its financial wellbeing and data security unanswered. While its reported earnings exceeded expectations, the company's primary source of revenue—desktop advertising—dropped for the seventh time in the past eight quarters.

According to Yahoo, it canceled the talk because of the pending offer in July from Verizon Communications to buy the web company for $4.8 billion.

While a recent 14 percent drop in core ad revenue was a likely topic, Yahoo is also avoiding questions about last month's news that hackers broke into its data stores and stole about 500 million personal account information packages.