Much beloved music streaming company Pandora is taking quite a beating in just its second day of public trading. After making its IPO yesterday, the stock price started to inch downward, but today that inching became a free fall. The Stock price fell 24% today to a bit over $13 per share. Additionally, it is still slumping in after hours trading.

Microsoft just can't catch a break. The tech giant reported their first quarter results, and they managed to beat analyst expectations. Microsoft had revenue of $16.43 billion for the which is a 13% increase from a year ago. Income was $5.23 billion, or about 61 cents per share. So why is Microsoft feeling down about these admittedly huge numbers? The market isn't impressed. Redmond is seeing stock dip 2% in after-hours trading.

Bloomberg is reporting that Groupon is now printing money. By which we mean, the company is mulling an IPO valued at a whopping $25 billion. Groupon has only been in operation for two years, but already banks are reportedly unlikely to assign a value less than $15 billion, and the higher number Groupon is gunning for is a real possibility. Who'd have thought coupons were so big?

Blackberry maker Research in Motion (RIM) has reported earnings today and industry watchers weren't too happy. The company missed analyst expectations and the reason is pretty clear. Competition from Android and the iPhone are eating into RIM's business. Verizon, which was traditionally a Blackberry heavy carrier, has been getting into Android in a big way. Additionally, consumers continue to jump ship for the iPhone for non-business activities.

It's not all gloom and doom, though. Revenue did rise 24$ to $4.24 billion, but expectations were around $4.35 billion. RIM's stock took a pounding, but the smartphone maker isn't standing still. RIM will be buying back $31 million in stock to help stabilize the company. Investors are growing concerned that RIM will become increasingly marginalized as other platforms continue to take off.

RIM isn't going away anytime soon. They're a profitable business, and people that use Blackberrys often love them. Do we have any diehard Blackberry fans out there?