Exxon Mobil Corporation (NYSE:XOM) rose 1.3% after the company posted a drop in earnings but still managed to beat expectations. Fellow energy company Royal Dutch Shell rose 1.2% after posting a 21% rise in Q4 profit.

General Motors Corporation (NYSE:GM) rose 0.6% after reporting a 16% drop in January sales. Earlier, Ford Motor Company posted a near 19% dip in sales.  

Electronic Arts (NDAQ:ERTS) shares climbed 4.2% to $52.68 after the video game publisher reported Q3 earnings of $160 million, or $0.50 a share, compared with earnings of $259 million, or $0.83 a share.

Shares of Amazon.com (NDAQ:AMZN) were up 2.1% to $39.50. The company posted Q4 net earnings of $98 million, or $0.23 a share, compared with $199 million, or $0.47 a share, last year.

Google Inc. (NDAQ:GOOG) shares pared steeper losses to finish down 1.5% to $494.18. Q4 net income at Google was $1.03 billion, or $3.29 a share, compared with $733 million, or $2.36 a share, a year ago. Google's net earnings came in ahead of the estimate of $2.92 a share.

Sierra Wireless (NDAQ:SWIR) climbed nearly 9% to $15.72. The Canadian mobile-computing devices maker's Q1 forecast, as well as its Q4 sales, surpassed expectations on Wall Street.

Genesis Microchip (NDAQ:GNSS) shares fell 13% to $8.59 after the company swung to a Q3 loss of $130.4 million, or $3.57 a share. Revenue fell to $51.1 million, under the estimate of $54.6 million.

Spansion Inc. (NDAQ:SPSN) shares rose 4.2% to $13.75. The company, a top provider of flash-memory chips used in consumer electronics, said that it lost $25 million, or $0.19 a share, compared with a net loss of $48 million or $0.63 a share in the year-earlier period.
Sales rose 16% to $687 million.

CNet Networks, Inc. (NDAQ:CNET) shares rose 4.5% to close at $8.78 after the interactive media company forecast 2007 revenue of $425 million to $445 million. Analysts currently expect sales of $426 million. It also sees yearly net earnings of $0.12 to $0.22, and pro forma earnings of $0.27 to $0.37. Analysts' targets are for earnings of $0.29 a share.

Microsoft Corporation (NDAQ:MSFT) shares ended at $31.04, a gain of 1.9%. The company's Q2 profit fell 28% to $2.63 billion, or $0.26 a share. Revenue rose to $12.54 billion from $11.84 billion. Expected earnings are $0.23 a share on revenue of $12.01 billion.

EBay Inc. (NDAQ:EBAY) surged 12% to $33.70 and was the busiest stock in terms of volume, according to Nasdaq. The company said sales rose 29% to $1.72 billion, above its own forecast of expected sales of $1.67 billion.

Netflix, Inc. (NDAQ:NFLX) shares jumped 10% to $25.11. The DVD rental company's Q4 earnings were $0.24 a share, well above Wall Street's estimate of $0.15 a share. Revenue was $277.2 million, in line with estimates. Netflix also added more subscribers than it had previously forecast.

Shares of JDS Uniphase (NDAQ:JDSU) jumped 12% to $17.70 after the maker of fiber-optic components and test and measure equipment raised its Q2 forecast.

Coldwater Creek (NDAQ:CWTR) shares tumbled 22% to $18.51 after the women's clothing company slashed its outlook for fiscal Q4 per-share earnings to a range of $0.16 to $0.17. It had been looking for a per-share profit of $0.26 to $0.27.