Yahoo! Inc. (Nasdaq: YHOO) shareholders and prospective Alibaba investors were eagerly awaiting the Yahoo earnings report yesterday as it provides a glimpse into Alibaba's financial numbers.
The report didn't disappoint, as Alibaba saw its profits more than double in the fourth quarter of 2013.As Alibaba prepares for its IPO in 2014, its value keeps rising. If it continues this strategy, it may be the biggest U.S. IPOs we've ever seen...
How to Play Yahoo! (Nasdaq: YHOO) Stock After Earnings
Yahoo Inc. (Nasdaq: YHOO) beat Wall Street predictions after the bell on Tuesday by $0.01, with earnings per share (EPS) of $0.38. Despite the beat, the digital media giant's revenue remained stagnant, and its operating income dropped 84% compared to the same quarter a year earlier.Here's how our expert suggests playing Yahoo stock after Tuesday's earnings results...
The Alibaba IPO Will Make Billions of Dollars for This Tech Company
The Alibaba IPO is officially coming to the United States in 2014, and the deal is expected to raise as much as $15 billion for China's largest e-commerce company.
A Reuters report in February polled eight analysts who estimated that Alibaba could reach a valuation of $140 billion.
Naturally, investors want in on the Alibaba IPO, which is likely to be one of the largest IPOs in U.S. history. Those who are able to get their hands on shares of Alibaba before it goes public stand to make quite a profit.But no one will be profiting quite like this company...
Yahoo (Nasdaq: YHOO) Down 8.7% Today, Is Mayer's Honeymoon Over?
Yahoo (Nasdaq: YHOO) stock has nearly tripled since Chief Executive Officer Marissa Mayer took over in July 2012. But an 8.7% slip today (Wednesday) after a down revenue report has investors wondering whether Mayer's bullish touch is coming to an end.To see the video, please click here...
- Yahoo! Inc. (Nasdaq: YHOO) Earnings Update: Mayer's Perfect Streak Continues The honeymoon may be over for Yahoo! CEO Marissa Mayer. While her streak of beating earnings estimates remained intact, investors focused on problems with the company's core business and promptly punished the stock. Yet Mayer promised that one strategy she has focused on in the past year will eventually pay off...
What's Next for Yahoo! (Nasdaq: YHOO) and J.C. Penney (NYSE: JCP) Stocks
This week, Yahoo! parted ways with Chief Operating Officer Henrique de Castro, whom Chief Executive Officer Marissa Mayer poached from Google in October 2012. That's because the ship de Castro was steering - digital ads - has more than halved since 2008, and dropped from 6.8% to 5.8% in 2013.To watch the video, please click here...
Tech Stocks in 2014: What to Buy, What to Avoid
Money Morning Capital Wave Strategist Shah Gilani joined FOX Business' "Varney & Co." today (Thursday) to discuss the viability of tech stocks in 2014.
The hype and excitement that follow tech stocks can make them particularly volatile. Although Gilani cautions viewers against tech stocks that have reached 52-week highs, he generally believes tech stocks will soar in 2014, and states that "they're global, they're going to be here for a long time, and they're a good place to remain."
Gilani especially cautions viewers against Yahoo! (Nasdaq: YHOO), as he believes the "underlying numbers have not been looking great," highlighting lower display and search revenue in November.To watch the video, please click here...
Is Yahoo (Nasdaq: YHOO) Stock a Buy?
Yahoo (Nasdaq: YHOO) stock has climbed more than 28% in the past three months and is up 97% year to date. Now the tech company is planning to acquire a startup that helps people exchange pictures and downloads.
Since Marissa Mayer took over as Yahoo's chief executive officer in 2012, the company has made more than 20 acquisitions, mostly startups.To watch the video, please click here...
Yahoo! (Nasdaq: YHOO) Purchase Reveals Its New Strategy
Today (Monday), Money Morning Chief Investment Strategist Keith Fitz-Gerald appeared on FOX Business' "Varney & Co.," where he lent expert insight on the latest move by digital media giant Yahoo! Inc. (Nasdaq: YHOO).
On Friday, Yahoo acquired Evntlive, a concert-streaming startup that was co-founded by former Cisco Systems Inc. (Nasdaq: CSCO) Chief Technology Officer Judy Estrin.To continue reading click here...
What to Do With Yahoo's (Nasdaq: YHOO) 80% Gain
After one year, Yahoo CEO Marissa Mayer has brought the company back from the brink of irrelevance; whether she can return Yahoo to its former glory has been an open question. But there is one key area in which Yahoo has surged ahead of even Google, and that could change everything...
Yahoo-Tumblr Deal a Hail Mary Pass That May Never Pay Off
The Yahoo-Tumblr deal is a $1.1 billion gamble aimed at rejuvenating a stagnating business, but is more likely to end up a costly mistake.
The deal, announced today (Monday), is by far Yahoo CEO Marissa Mayer's biggest - and riskiest - acquisition yet.
Yahoo! Inc. (Nasdaq: YHOO) wanted access to Tumblr's 117 million users, most of them teens and young adults, to give it a beachhead into the ever-more important world of social media.
Tumblr has grown rapidly by making it easy not only to create blogs, but for Tumblr users to follow and share one another's posts.
But Tumblr, like so many other social media companies, is not exactly a money machine. Analysts estimate the company's 2012 revenue was just $13 million, making it a pricey acquisition indeed.Read More...
If I Owned Yahoo (Nasdaq: YHOO) Stock, I'd Be Pissed
It's no wonder Yahoo! Inc. (Nasdaq: YHOO) investors are pissed. I would be too if I owned Yahoo - but I don't.
Maybe it's the four CEOs in five years, the botched sale to Microsoft in 2008, or a Chief Executive Officer who can't be bothered to verify his own credentials in SEC filings.
Or maybe it's the dysfunctional board of directors and the erosion of massive amounts of shareholder value over the years.
Add it all up and you have an unmitigated disaster on your hands.
Activist shareholder Daniel Loeb, who owns 5.8% of the company through his hedge fund, Third Point, LLC, has every right to be angry and vocal about it.
The way I see things, Yahoo is following what I call the Christopher Columbus School of Management: it has no idea where it's going, has no idea where it's been and has no idea what to do when it arrives.
The Search for an Identity at Yahoo (Nasdaq:YHOO)Yahoo was ostensibly a search engine in the beginning. The latest outgoing CEO, Scott Thompson, had been trying to rebuild the beleaguered Silicon Valley company into one more reflection of his own strengths in data personalization as opposed to the bloated advertising-driven business it has become.
Whether or not Thompson would have succeeded is now a moot point. Incoming interim CEO Ross Levinsohn has an advertising background. Talk about a conundrum.
Here's the thing...
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Yahoo (Nasdaq: YHOO) Needs More Than Just a New CEO
The black cloud following Yahoo! Inc. (Nasdaq: YHOO) seems bigger than ever.
Just one day after he was forced to leave the forlorn Internet company for padding his resume, reports surfaced that ex-Yahoo CEO Scott Thompson revealed he has cancer.
According to a report in The Wall Street Journal, citing unnamed sources, Thompson told Yahoo's board and several colleagues of his thyroid cancer before resigning Sunday.
A source told The Journal that Thompson's decision to leave his position at Yahoo was in part influenced by his cancer diagnosis.
News broke last week that Thompson embellished his resume with a degree in computer science, when he actually earned a degree in accounting from a small Massachusetts college.
Thompson was hired in January to replace Carol Bartz, who was fired by phone last September.
In the revolving position at Yahoo, former head of global media Ross Levinsohn has been named interim CEO.
New CEO Boosts YHOOLevinsohn had a triumphant stretch running Internet services within Rupert Murdoch's media empire at News Corp. before Bartz lured him to Yahoo in 2010. Levinsohn previously ran ad sales for Yahoo's Americas unit.
Yahoo investors applauded the media veteran's appointment. Yahoo shares tacked on 2.2% in premarket trading Monday ahead of a nasty open for U.S. markets.
Levinsohn has significant credentials as a negotiator. Before coming aboard at Yahoo, he had a history of recognizing and acquiring an assortment of digital media companies around the globe. That is a striking comparison to Yahoo's last two CEOs, who had stronger backgrounds in technology than media.
"We view Mr. Levinsohn as well-equipped to lead the organization and to build off the company's core strengths - advertising products and digital media," said Spencer Wang, an analyst with Credit Suisse.
But Yahoo still faces a rocky road ahead.
More Reasons to Avoid Yahoo (Nasdaq: YHOO) Stock
There's been no shortage of reasons for investors to avoid Yahoo! Inc. (Nasdaq: YHOO) stock this year.
Yahoo, once revered as a web pioneer, has been stunted and dwarfed by those who followed in its footsteps.
The storied Internet content company has been upset by an increasing number of competitors like search engine behemoth Google Inc. (Nasdaq: GOOG) and social networking giant Facebook Inc. (Nasdaq: FB), and been wounded by waning ad sales.
Yahoo also is very late to the game in the battle for the mobile space, currently the biggest area of growth for the industry.
And then there is the question of diminishing revenue, declining earnings and slumping stock price.
Revenue fell by more than a fifth last year. Yahoo's stock price has slipped 17% over the past year, and 50% over the past five.
"Yahoo just can't get its act together," Money Morning tech guru Michael A. Robinson warned in January, naming Yahoo a "tech stock to avoid" in 2012. "While key executives were napping, Google burst on the scene a decade ago and rewrote the rules of web search and advertising. Portals like Yahoo never regained their traction."
As Yahoo's struggles continued, CEO Carol Bartz was recently let go with a phone call in September. In January, former PayPal president Scott Thompson was brought in as Bartz's successor.
And now the latest replacement may soon be replaced himself.
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