Yahoo Inc! (Nasdaq: YHOO) stock got a boost in after-market trading following an earnings report that beat analyst estimates.
In all the excitement over the Alibaba Group Holdings Ltd. (NYSE: BABA) IPO, there are some investors who are saying no to buying Alibaba stock - all because of where it does business. They think that Alibaba has to be working with the Chinese government, which is thought to be hacking into U.S. businesses on an enormous scale.
However, as Money Morning Chief Investment Strategist Keith Fitz-Gerald points out, passing on a company like Alibaba comes with a cost to your portfolio.
It's been a tough time for Yahoo! Inc. (Nasdaq: YHOO) shareholders, which is likely why some prominent investors with large stakes in the company are wondering, "Will Alibaba buy Yahoo?"
Over the last few years, shareholders have had to watch as YHOO has struggled to turnaround its core business, while the bulk of its value as a stock lie in its lucrative holdings overseas.
Ebay Inc.’s (Nasdaq: EBAY) plans to spin off its PayPal unit has left many on Wall Street salivating over the potential of the stand-alone payments business.
And some pundits are speculating that Google Inc. (Nasdaq: GOOG) or Alibaba Group Holding Ltd. (NYSE: BABA) might buy PayPal.
But they should be asking this question: Will Alibaba buy eBay?
Here’s why a deal would make sense for both companies…
Yahoo! Inc. (Nasdaq: YHOO) stock rose 4% today, with Starboard Value LP reportedly buying up a large stake in the company.
The investment management firm’s decision is a positive development for YHOO, which had seen its shares tumble for most of the week on concerns that as it sheds its portfolio of overseas investments, the remaining core business will be valueless.
U.S. Stock Market, Sept. 19, 2014: The stock market today (Friday) saw mixed trading. The Dow Jones closed at another record high with just a small gain, and the Nasdaq and S&P 500 ended the day down.
The day was dominated by Alibaba (NYSE: BABA), which finally went public after months of hype. The stock opened at $92 and ended its first day of trading at $93.89.
Everyone's been down on the Facebook stock price (Nasdaq: FB) this week. It's been getting bad press lately from Alibaba IPO speculators.
Regardless of the negativity, don't forget that the Facebook stock price has absolutely delivered for investors - and it's got a lot more in store.
The Alibaba Group Holding Ltd. (NYSE: BABA) stock price closed at $93.89, a 38% gain from the company's offer price of $68 per share. BABA shares closed up 1.2% from their opening price of $92.70.
When BABA stock opened at $92.70, early shareholders had an immediate return of 36.3% from the offer price.
Shortly after hitting the market at 11:53 a.m., BABA stock hit a high of $99.25, a 46% jump from the $68 offer price.
Dow Futures, September 19, 2014: U.S. markets closed soaring on Thursday, with the Dow Jones Industrial Average and S&P 500 Index both reaching record levels.
Dow Jones futures today (Friday) were up 63 points. Nasdaq and S&P futures also climbed 13 and 5.25 points respectively. U.K. markets also rallied on news that Scotland voted to stay.
Now that the long-awaited Alibaba IPO (NYSE: BABA) is here and the stock starts trading tomorrow (Friday) -- Yahoo! Inc. (Nasdaq: YHOO) CEO Marissa Mayer has some big decisions on her plate.
Yahoo figures to get a massive windfall from its 22.5% stake in the Chinese e-commerce giant, thanks to a prescient $1 billion investment the Sunnyvale, Calif.-based Internet pioneer made in 2005.
But now Yahoo needs to put that money to work, primarily through key acquisitions.
Alibaba Group Holding Ltd. (NYSE: BABA) stock news has been pouring in as the historic Alibaba IPO draws closer. Tonight, company officials will announce the final Alibaba stock price, and we're looking at a range of $66 to $68 per share.
As we wait for BABA shares to hit the market, here are updates on all the Alibaba stock news stories we're following.
Jack Ma is the founder of Alibaba Group Holding Ltd. (NYSE: BABA) and the man that has turned Alibaba into the largest e-commerce company in the world's largest e-commerce money.
And now he's the man behind that Alibaba IPO - a deal that could end up being the largest initial public offering in history.
U.S. markets soared again Thursday, with the Dow Jones and S&P 500 both closing at record levels. Investors continue to eye the Federal Reserve, which said it will maintain a low interest rate for some time but plans to increase the rate in quick spurts as the economic recovery continues.
All eyes are on the Alibaba IPO, with BABA shares to begin trading on the NYSE Friday.
The Alibaba IPO is just hours away and Money Morning has all the Alibaba Group Holding Ltd. (NYSE: BABA) stock information investors need to know as BABA stock hits the market on Friday, Sept. 19.
Currently, a price range of $66 to $68 has been set for the BABA stock price. Previously, the company had set a range of $60 to $66 for BABA shares. At the high end of the new range, the Alibaba IPO will raise roughly $21.8 billion.
Yahoo Inc. (Nasdaq: YHOO) is often mentioned in the same breath as Alibaba Group Holding Ltd. (NYSE: BABA).That's because of Yahoo's stake in Alibaba - it owns about 24% - initiated in 2005.
And this means a lot for YHOO as Chinese e-commerce giant Alibaba preps for the largest IPO in history.