It's been a while since I did my "random thoughts into the weekend" article, so let's just dive straight in.
Now that Alibaba (BABA) has come after Youko Tudou for the roughly 75% stake it does not own for approximately $26.60 per American Depository Share (ADS), or a 30% premium to yesterday's closing price, I wonder, who is next?
Chatter that is making the rounds this morning is that Alibaba is also reportedly taking a look at Sina (SINA) and Qihoo (QIHU). I wouldn't pay that much heed as far as jumping in, but it would make sense as Alibaba tries to rapidly increase both its cyberspace and real-world businesses. It's the whole O2O thing -- online to offline initiative that pretty much all big global companies are going after and is a huge deal.
With the run companies like Google (GOOGL), Priceline (PCLN), et al, are making since the August lows, will there be any further room to run even if they have blowout earnings, or will even stellar earnings be met with a yawn at best and a selloff at worst?
On Monday, we woke up to one of the biggest tech mergers in history, with Dell announcing a takeover of EMC (EMC), leaving VMware (VMW) shareholders literally holding the bag. Will we see another megamerger in techland this weekend?
With speculation/anticipation/chatter rife that the Chinese will be announcing additional market and economic stimulative measures over the weekend, will the Chinese authorities deliver?
On Wednesday after the close, Netflix (NFLX) missed on its subscriber additions for the domestic market and said the miss was mostly due to new chips and encryption technology on credit cards, which made automatic monthly renewals tricky. If that is the case, can we expect upside to domestic adds for the current quarter (December domestic additions) and is that factored in?
Chatter is making the rounds that Steve Ballmer has taken a 4% stake in Twitter (TWTR). There is also further chatter that his account was hacked and that tweet about the stake is fake. If it is fake, it proves again that there is tremendous potential for Twitter abuse going forward. Someone can just set up a fake account under a famous hedgie/fund manager's/luminary's name and post all kinds of market-moving tweets. Has the SEC noticed? If so, what will it do about it and when? Thus far, the SEC has not addressed the issue. At least not publicly. (Google and Twitter are part of TheStreet's Action Alerts PLUS portfolio.)
Along the same lines, there was also a tweet from Netflix reportedly talking about service outages. Not sure whether to believe it or not. Even more reason for the SEC to look into the issue. This is critical, as we increasingly turn to mostly electronic communications for pretty much everything.
Talking megamerger Monday (read above), I am hearing that Big Daddy Intel (INTC) is looking at Nvidia (NVDA) and something could be announced as early as Monday.
Have a safe and happy weekend, everyone.