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Get Real: Acquisitions, Upcoming Earnings, and Bezos in India

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In this morning’s Get Real market newsletter, we saw that Google acquired Pointy and AppSheet, Facebook made a decision on WhatsApp, more earnings are coming, and Bezo visits India.

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Must-knows

Google’s latest acquisitions

Last week, Google (NASDAQ:GOOGL) announced that it acquired two technology startups—Pointy and AppSheet. Pointy will strengthen Google’s commerce services business. Meanwhile, AppSheet can make Google’s cloud service more attractive to enterprise customers.

Struggle continues for Facebook and WhatsApp

Facebook (NASDAQ:FB) acquired WhatsApp in 2014 for $19 billion—its biggest acquisition so far. Recently, Facebook decided not to bring ads to WhatsApp. So, how will WhatsApp make money?

Delay for Canopy Growth’s infused beverages

On December 6, 2019, Canopy Growth (NYSE:CGC) said that it would introduce some cannabis-infused beverages in early January 2020. However, there will be a delay due to an issue in the scaling process. The company only had seven weeks to scale its products from lab to commercial scale.

Bezos learns valuable lessons during India visit

Amazon (NASDAQ:AMZN) CEO Jeff Bezos arrived in India on January 14 for his latest visit. Despite announcing Amazon’s plan to create 1 million jobs in India by 2025, he got a mixed reception. Bezos learned important lessons during his trip, which will help him tackle Amazon’s weaknesses and capitalize on growth opportunities in India.

What to watch for

Highlights for investors before Netflix’s earnings

Netflix (NASDAQ:NFLX) is scheduled to report its fourth-quarter earnings today. The company stumbled in the past two quarters. How will Netflix perform amid the competition with Apple and Disney?

Intel’s upcoming Q4 results

Intel is scheduled to report its fourth-quarter results after the closing bell on Thursday. Analysts expect Intel to post sales of $19.2 billion in the fourth quarter—a rise of 3.0% YoY. Among the 43 analysts covering Intel stock, 15 have a “buy” rating, 19 have a “hold” rating, and nine have a “sell” rating.

Is U.S. Steel stock a ‘buy’ before Q4 earnings?

So far in 2020, U.S. Steel stock has fallen 8% as of January 17. The Chinese economy bottoming out and phase one of the US-China trade deal should help steel prices. Overall, U.S. Steel looks attractive with a reasonable valuation.

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