So I was expecting Google Finance to be totally awesome when it finally came out of beta this year.
I wanted to believe that Google's comand of real time information + a good UI would end up creating an awesome product.
Turns out they do a great job with their portfolio offering within Google Finance... but a really AWFUL job with news. To me news is far more important than my portfolio (which E-Trade already tracks).
I'll document one example (there have been many):
My former employer (SUN - NASDAQ:JAVA) was set to be acquired by Oracle at $9.50/share in cash. I of course think this acquisition is likely to happen and figured it would be good to buy some stock before the acquisition while the market price was around $9.30. It represented a solid, short term return in my book and since there is no insider knowledge of the transaction... a pretty easy deal.
I kept track of the price and suddenly saw a dip on Friday to $9.01 (from a prior $9.30). The regulatory review by the DOJ was now being extended (to allow a deeper review) and thus the market had adjusted the price to $9.01.
Now check out the news reported by Google Finance (Earnings Preview: Oracle to report fiscal 4Q MSN Money - Jun 22, 2009) is their top story.
Compare it with what you see from Yahoo where the top 4 stories are about the fast track deal approval.
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I think information matters more than fancy UI's for seeing the trend of your stock. Since you can't buy your stock from Google - they should be focusing on providing information with which to make a current decision (buy, sell, hold)... which means timely news matters
I seriously hope they see this post and get their act together - the more I use Yahoo lately, the more I start (barely) moving away from Google
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