Apple earnings and Zillow IPO charm StockTwits

July 20, 2011: 1:44 PM ET
Apple stock

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NEW YORK (CNNMoney) -- With Apple crushing estimates and VMware raising guidance, technology stocks grabbed the attention of investors on Wednesday.

Apple (AAPL, Fortune 500) beat consensus earnings estimates by a wide margin.

Shares of Apple advanced 3% on the news and the stock is now up 20% for the year.

Shares of VMware (VMW), which is a leading company in cloud computing, rose 2% on better than expected earnings and sales guidance.

Meanwhile, Zillow (Z) priced its IPO offering above the range.

The real estate website sold 3.4M shares at $20 each.

Its stock more than doubled in early morning trading before pulling back a bit in the afternoon.

These are some of the more popular themes on StockTwits Wednesday:

milktrader: Since 2007, if you bot the close after $AAPL gapped up over 5% you would have even odds that you'd get positive returns between 1&10 days.

RogWilco: So $AAPL more than tripled its revenue in Asia from $1.8B to $6.3B after seemingly only scratching the surface of that market. Dang.

dkberman: #Apple now has $78 billion of cash in the bank. That's worth more than all of Goldman Sachs, market value $65 billion.$AAPL$GS #ipad

EddyElfenbein: $AAPL earned more in the second quarter than the stock was worth 13 years ago. $$

IEM_Chris: Quite the weakness when indices showing flat... strong fade on $AAPL $VMW, entire cloud space getting dragged down.

MichaelKrey: VMware's $VMW sterling Q2 more proof that it's in a great spot with the hot cloud computing trend.

abubnic: Next to impossible to make money on a new $IPO on first day. Insiders get all the breaks/benefits of initial pop. Better to hold off. $Z

Techinsidr: Wow $Z is going nuts - awesome debut.... The Google of real estate? To top of page

Index Last Change % Change
Dow 18,132.70 -81.72 -0.45%
Nasdaq 4,963.53 -24.36 -0.49%
S&P 500 2,104.50 -6.24 -0.30%
Treasuries 2.00 -0.01 -0.69%
Data as of 11:19am ET
Company Price Change % Change
Bank of America Corp... 15.81 -0.23 -1.43%
Apple Inc 128.46 -1.96 -1.50%
General Electric Co 25.99 0.10 0.39%
Microsoft Corp 43.85 -0.20 -0.47%
Chesapeake Energy Co... 16.68 -0.52 -3.02%
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