While not setting the world on fire, eBay's earnings were good enough to push the stock up a bit yesterday. Except now eBay has every company's worst nightmare on its doorstep - activist investor Carl Icahn. And he's making a demand that would radically transform the company.
Tech Investing 2014
- Market Alerts: eBay (Nasdaq: EBAY) and Carl Ichan; IBM (NYSE: IBM) and Lenovo
- This Is a True "Ground Floor" Opportunity
- What's Next For Tech Stocks in 2014
- Netflix (Nasdaq: NFLX) Stock to Rise as Company "Changes the Game" in 2014
- Stocks to Buy 2014: Get Ready to Double Your Money… Again
- Palo Alto Networks (NYSE: PANW) Stock Latest to Jump After Major Cyber Deal
- Will Snapchat Be the Next Social Media IPO?
Activist investor Carl Icahn's proposal to split up eBay Inc. (Nasdaq: EBAY) from its payment unit PayPal makes no sense to Money Morning's Defense & Tech Specialist Michael Robinson.
Robinson joined FOX Business' "Varney & Co." today (Thursday) and discussed why he thinks this proposed plan is crazy, and what it means for eBay - and eBay stock holders.
Editor's Note: You're getting special access to Bill's Private Briefing today because this technology will change the way you encounter everyday life. It could change the way you invest, too...
Once I get my son Joey off to school each morning - meaning I can switch away from SpongeBob Squarepants or Scooby Doo - I'll put on CNBC as I get ready for my commute to the office.
You know the drill... I leave it on in the background and sort of half listen as I finish dressing. Invariably, a story or two will pique my interest, causing me to give it my full attention.
Tech stocks like Google Inc. (Nasdaq: GOOG), Amazon.com Inc. (Nasdaq: AMZN), Netflix Inc. (Nasdaq: NFLX), and Apple Inc. (Nasdaq: AAPL) are "where the action is" in tech. They make the most money and create the most innovative products and services.
These tech stocks also serve as good benchmarks for how the whole industry is performing.
Netflix Inc. (Nasdaq: NFLX) stock has posted tremendous gains in the last year, up nearly 227%. NFLX stock currently trades just over $338, after reaching an all-time high of more than $380 in December.
The key to its next big breakthrough was presented at the Consumer Electronics Show 2014 last week.
The Consumer Electronics Show is where you're guaranteed to see a steady stream of the world's most innovative products - everything from next-generation TVs to self-driving cars to 3D printing. The profit potential here is mind-boggling, but only a few companies will emerge as big money-makers.
Proving again that bigger is better in the fight against global cyber-attacks, another sizable cyber deal was inked late Monday.
Santa Clara, Calif.-headquartered Palo Alto Networks Inc. (NYSE: PANW) acquired Silicon Valley startup Morta Security, described as "operating in stealth mode since 2012." Financial terms of the transaction were not disclosed.
PANW stock rose 3.7% Tuesday on the news.
Money Morning Capital Wave Strategist Shah Gilani joined Stuart Varney of FOX Business' "Varney & Co." today (Tuesday) to talk about the latest potential social media IPO on the horizon - Snapchat.
Snapchat is a social network that emphasizes privacy; compare it to Facebook (Nasdaq: FB), which touts the benefits of openness. Snapchat finds benefits in keeping conversations and pictures from spilling over to your entire list of contacts.