Why the NASDAQ’s 5,000 Level Is Not Like the Dot Com Bubble
The NASDAQ hit the all-important 5,000 level on March 2, 2015, for the first time after the dot com bubble burst of 2000.
Amazon’s International Segment Saw Improvement in 2Q15
The year-over-year revenue growth trend for Amazon’s International segment was falling until last quarter.
Third Point adds stake in Citigroup
Citigroup is the third largest US bank with assets of $1.9 trillion and ~200 million customer accounts worldwide.
A Look at Amazon Stock
Amazon’s (AMZN) 2017 book value per share of $51.30 compares to the expected book value per share of $52.50 for 2018.
Amazon: What about the Sales Tax Ruling?
Amazon incurred $49.1 billion in operating expenses in the first quarter, including costs tied to its cloud computing business.
Will Alphabet Woo Its Investors Again with Its 3Q15 Results?
Alphabet (GOOGL), the parent company of Google (GOOG), is scheduled to announce the third quarter earnings of 2015 on October 22.
Must-know: Why eBay’s operating margins continue to decline
eBay’s management noted that eBay Enterprise margins fell by 3.9% during the last quarter compared to a year ago. The increased cost to prepare for the holiday season was blamed for the decline.
Facebook introduces new features to improve e-commerce conversion
Facebook has been looking to diversify its business from online advertisements to e-commerce. E-commerce is a fast-growing market that Facebook should tap.
Could Alibaba Hit a New Peak?
Alibaba (BABA) has returned -2.02% in the last month, 20.2% in the last 12 months, and 5.9% in the last five days.
Here’s How Wall Street Views Groupon
Several Wall Street companies have weighed in on Groupon (GRPN) since the company released its 4Q17 results back in February.
A Look at Twitter’s Stock Analysis
Twitter reported earnings per share of -$0.70 in 2017, while its EPS for 2018 is forecast to be $0.40.
Why Did eBay Lower Its Fiscal Guidance?
In the second quarter, eBay (EBAY) reported earnings of $0.53 per share, which topped analysts’ expectations of $0.51 per share.
Did Flipkart Reject Amazon’s Offer?
Amazon (AMZN) had expressed interest in acquiring Flipkart to try to keep Walmart (WMT) away from India’s fast-growing online retail sector.
Why Third Point believes Apple Pay is not a threat to PayPal
Third Point added, “when we break down the applicability of Apple Pay to PayPal’s business mix, we find that Apply Pay will compete directly with only 1.5 to 2% of PayPal’s total payment volume (or TPV).”
eBay’s Next Spin-Off Is Its Enterprise Unit
For quite some time, eBay had been looking to sell its Enterprise business. It announced a deal a few minutes before the earnings call.
Farallon Capital adds a new position in Covidien
Ireland-based Covidien is a global healthcare leader that offers innovative medical technology solutions and patient care products to providers.
US Consumer Price Inflation Remains Unchanged
The CPI (consumer price inflation), published by the U.S. Bureau of Labor Statistics, remained unchanged in July. The energy index fell by 1.6% in July.
What Steps Has Alphabet Taken with Its EU Fine?
Alphabet reported net profits of $3.5 billion in 2Q17, down from $4.9 billion in 3Q16 due to the fine.
PayPal Reduced Its Reliance on eBay in Q3 2018
In the third quarter, eBay accounted for 11.0% of PayPal’s total payment volume, which was down from 13.0% in the third quarter of 2017.
Why Lone Pine bought a new position in Endo Health Solutions
Endo Health Solutions is a 1.26% position initiated by Lone Pine Capital in the 2013 last quarter.
Why KeyBanc’s Analyst Is Optimistic about PayPal Stock
PayPal Holdings has recently been upgraded by an analyst at KeyBanc Capital Markets for the company’s new Venmo debit card.
Will Amazon benefit from the decline in oil prices?
Reducing oil prices are good news for e-commerce players. Oil prices have declined by about 60% over the past six months.
Analyzing Twitter’s Latest Stock Performance
Twitter’s EV-to-adjusted EBITDA (enterprise value to adjusted earnings before interested, tax, depreciation, and amortization) for the trailing 12 months is 68.1x.
Initiatives in eBay Marketplaces have been slow growth drivers
The majority of eBay’s Marketplaces revenue comes from a take rate on the gross merchandise volume (GMV), defined as the total sales for active listings or of all the items.
Alibaba Projects a Slow Growth in Active Buyers
Alibaba reported a 31% YoY growth in its active buyers in the quarter ending June 2015. It declined by 6% when compared with the quarter ending March 2015.
What PayPal Could Offer Investors in 2018
PayPal grows faster than its parent, eBay PayPal (PYPL) outperformed several of its main challengers in 2017. While the stock rose 86.5%, Square (SQ) rose 154.4%, Amazon (AMZN) rose 56%, and Apple (AAPL) rose 46.1%. Alternative loan peer LendingClub (LC) fell 21.3% in 2017. PayPal’s parent, eBay (EBAY), saw its stock rise 27.1%. Could investors expect […]
Facebook Objects to Startups Using Similar Names
Facebook had to deal with its own infringement case brought against it by a company named Timeline in 2011. The matter was settled out of court, however, and dismissed in 2013.
Why Facebook expects revenue growth to slow in 4Q14
The technology sector in general is facing headwinds because the U.S. dollar is strengthening. Facebook earned about 54% of its revenues from international markets in the last quarter. As a result, a strengthening U.S. dollar impacts its revenues and margins.
Amazon Expands Whole Foods’ Grocery Delivery
Retail e-commerce giant Amazon (AMZN) has expanded its online grocery delivery service from its Whole Foods stores to more cities across the United States.
eBay Had Stock Returns of -8.88% in the Trailing 1-Month Period
eBay (EBAY) generated investor returns of 20.06% in the trailing 12-month period and -8.88% in the trailing one-month period.
Is Alphabet’s Africa Push Paying Off?
In 3Q17, Alphabet reported EMEA revenues of $9.1 billion, implying a growth of 23% YoY (year-over-year).
Best Buy’s 1Q16 Revenue Declines, But Still Exceeds Estimates
Best Buy’s 1Q16 revenue growth was driven by strong demand for large-screen televisions, mobile phones, and major appliances. Best Buy is one of the few pure-play consumer electronics retailers to survive the recession.
Why Amazon’s 2Q16 Top Line Remained Strong
Amazon’s top line increased by 31.1% YoY to $30.4 billion in 2Q16 on account of healthy e-commerce sales driven by Amazon Prime membership growth.
A Look at JD.com’s Annual Earnings Growth
JD.com’s revenue and gross profit drove its EPS between 2015 and 2017.
Farallon Capital exits its position in Time Warner Cable
In February, Comcast agreed to buy Time Warner Cable for ~$45.2 billion. This deal will create the largest cable provider in the U.S.
Amazon grew its business in 3Q14 through several initiatives
During the third quarter, Amazon made a major acquisition of Twitch for $970 million. Twitch is a popular website for video game enthusiasts who want to broadcast their video games to other people or watch other people play video games in real time.
Why Alibaba’s Earnings Keep Rising
Alibaba’s earnings have risen consistently YoY for the past five quarters, with adjusted EPS moving from $0.79 in fiscal 2Q17 to $1.29 in fiscal 2Q18.
What’s at Stake as Yandex Expands in Israel?
Yandex (YNDX) is on track to launch its Yandex.Music service in Israel in the coming weeks, the Times of Israel has reported.
Alibaba’s Ma-Trump Meeting: More Than Meets the Eye?
Could there be more than meets the eye in the meeting between Alibaba (BABA) founder Jack Ma and Donald Trump earlier this month?
Why eBay is not interested in same-day delivery
eBay isn’t focused on same-day delivery. The company believes the majority of shoppers don’t like paying shipping costs associated with same-day delivery.
Snap Stock Rose on Upbeat Q1 Results
Snap (SNAP) stock surged ~11% in after-hours trading on Tuesday after the social media giant beat analysts’ estimates in the first quarter of 2019.
How Amazon’s India Music Launch Could Help Its Retail Business
Amazon has joined Apple, Spotify, and a host of other providers in India’s on-demand music arena with the launch of its Amazon Prime Music platform in the market.
Why Japan Is Important to Twitter
Japan is Twitter’s (TWTR) second-largest market after the United States.
Is Alibaba’s Stock Repurchase Program Secure?
Back in May 2017, Alibaba (BABA) announced a plan to repurchase its own shares to the tune of $6.0 billion over two years.
Could Amazon Make Its Retail Business More Profitable?
Amazon’s increased focus on profitability in retail signals that the company’s strategy is shifting. In this series, we’ll discuss that shift and others in the sector.
Alibaba Follows Chinese Tourists on US Trips
Alipay for US taxis Alibaba (BABA), through its payments affiliate Ant Financial, recently inked a deal to expand its mobile payment business in the United States (SPY). Ant Financial announced that it was partnering with Verifone, a US-based payments technology provider, to enable thousands of taxis in the United States to accept payments through Alipay. […]
Amazon’s Rivals Borrow from Its Playbook
Amazon disclosed in April that its Prime program had attracted over 100 million members globally.
Why Investors Are Pleased with PayPal
PayPal (PYPL) has done very well since splitting from its parent, eBay (EBAY), two years ago.
Increased Mobile Transactions Could Drive Alibaba’s Stock
Alibaba recently announced its plans to boost the number of mobile transactions, aiming for it to exceed the number of personal computer transactions.
Will Baidu Expand Its Stock Repurchase Program?
In June last year, Baidu (BIDU) launched a stock repurchase program under which it planned to return as much as $1.0 billion to its shareholders in a period of one year.
Amazon’s Relative Strength and Analysts’ Recommendations
Of the 47 analysts covering Amazon (AMZN), 41 have given it “buy” recommendations, one has given it a “sell” recommendation, and five have given it “hold” recommendations.
eBay’s 2Q15 Earnings to Benefit from Slightly Weaker US Dollar
Although the dollar has appreciated for most of 2015, it has fallen about 5% in the last quarter. Currency headwinds for eBay could be less intense as the dollar weakens slightly. eBay is expected to release its earnings on Thursday, July 16.
ISE Cyber Security Index Beats S&P 500 Index
Since December 2015, the ISE Cyber Security Index (HACK) has beaten the S&P 500 Index (SPX) by 10.54 percentage points. Cybersecurity stock is expected to grow rapidly.
Soros Fund Management’s Major Picks amid Trade War
Soros Fund Management’s top five buys in the second quarter were Invesco QQQ Trust (QQQ), Alphabet, eBay, Symantec, and Red Hat.
A Look at Groupon’s Marketing Strategy
Groupon (GRPN) is pumping millions of dollars (UUP) into marketing and customer acquisition efforts as it seeks to conquer the North American daily deals market.
Making Sense of Amazon’s Atlanta Fulfillment Facility Plans
Amazon (AMZN) is looking to build a new distribution center in Atlanta, according to an Atlanta Business Chronicle report citing sources familiar with the plans.
Amazon Expands Its Book Business with Brick-and-Mortar Stores
Amazon (AMZN) recently opened several bookstores in strategic locations in the US, including New York City.
Why CafePress is a leading and undervalued e-commerce platform
CafePress offers a critical mass of revenues, leading technology, a proprietary library of content, and undervalued and forgotten equity value.
Must-know 3Q updates from Dan Loeb’s Third Point Partners
In this series Activist investor Dan Loeb’s fund, Third Point Partners LP, disclosed some of the positions traded during 3Q14 in its 3Q investor letter. In this series, we’ll go through the details of these positions and Third Point’s rationale for adding or exiting its stakes. In its 3Q letter, the fund said it “continued […]
eBay India Relaunch: What’s Happening?
eBay (EBAY) is making a U-turn in India. Last year, the company sold its Indian operations and licensed its brand to Flipkart.
Why Square’s Investors Should Keep a Close Eye on Eventbrite
Square (SQ) is a corporate investor in online ticketing company Eventbrite (EB), which went public in September 2018.
Why Did eBay’s PayPal Acquire Money Transfer Company Xoom?
eBay’s PayPal will acquire online money transfer company Xoom for $890 million. PayPal will pay Xoom $25 per share.
Apple Pay Beats eBay and Google in In-Store Mobile Payments
Apple Pay beat eBay’s PayPal and Google in in-store mobile payments. PayPal’s strong relationship with retailers places it as a significant player in this space.
Why did Lone Pine open a position in IntercontinentalExchange?
Lone Pine Capital opened a new 2.19% position in IntercontinentalExchange Group, Inc.
eBay Posts Better-Than-Expected 1Q15 Earnings
eBay (EBAY) announced better-than-expected 1Q15 earnings last week. The company’s overall revenues increased by 4% to $4.45 billion year-over-year.
Zulily’s Stock Surged as Alibaba Bought a Stake in the Company
On May 8, Alibaba Group (BABA) bought 4.8 million class A shares of Zulily (ZU) worth approximately $58 million.
Delhivery Raises $85 Million: Signifies India’s E-Commerce Growth
According to a May 6 report from TechCrunch, Indian e-commerce logistics startup Delhivery raised $85 million in funding a few months after it raised $35 million.
Inside Groupon International: After the Restructuring
After an unsuccessful international expansion, Groupon (GRPN) has pulled out of overseas markets to pursue a narrowed strategic focus on North America.
Mobile GMV Continues to Grow, Looks Promising for Alibaba
Alibaba’s mobile GMV increased to 55% in the quarter ending June 2015.
Icahn Lift or Commodity Drag: What Could Drive Freeport-McMoRan?
Freeport-McMoRan (FCX) jumped smartly in August after activist investor Carl Icahn disclosed his 8.5% stake in the company, known as the “Icahn lift.”
Why Is Walmart Changing Its Name?
Walmart (WMT) is editing its corporate name. The retailer wants to be known simply as Walmart Inc., not Wal-Mart Store Inc. as it is currently legally known.
Amazon Is Increasing the Product Selection for Its Prime Program
Amazon credits the Prime program’s popularity for the growth in its operating profits in 1Q15—Amazon’s best results in the US for the last few quarters.
How eBay Views Its Opportunities in Israel
eBay (EBAY) is optimistic about the growth opportunities that Israel presents, but it has been frustrated by the country’s tax system.
How Spin-Off of JD Finance Could Affect Alibaba
JD.com recently moved to exit the digital payments business by divesting its stake in JD Finance, its payments unit.
Why JANA Partners opened new position at Constellium
JANA Partners’ 13F filing disclosed a brand new position in aluminum product manufacturer Constellium N.V. (CSTM) that accounts for 1.83% of JANA’s 1Q 2014 portfolio.
The ‘Icahn Lift’: What Companies Have Gained from It?
Market commentators have noticed that when Icahn starts buying into a company, its stock prices rise. This trend has been called the “Icahn Lift.”
Where Would An Amazon Banking Service Fit?
Amazon (AMZN) is exploring launching a banking service that would appeal to young people and those without traditional bank accounts, according to recent reports by The Wall Street Journal and Bloomberg.
Why did Lone Pine Capital buy a stake in SBA Communications?
SBA Communications Corporation is a 2.11% position initiated by Lone Pine Capital in 4Q 2013.
Why Glenview Capital adds new stake in Applied Materials
Applied Materials Inc. provides manufacturing equipment, services, and software to the global semiconductor, flat panel display, solar photovoltaic (or PV), and related industries.
Coatue Management adds position in eBay
In 3Q14, Coatue Management added to its position in eBay Inc. (EBAY). The stock accounted for 3.37% of the fund’s portfolio for the quarter.
Walmart Triples Amazon’s Budget in India Contest
Walmart (WMT) took its competition with Amazon (AMZN) to a whole new level earlier this month, forking out $16 billion to buy the majority stake in India’s e-commerce giant Flipkart.
Carl Icahn’s Big Plans for Freeport-McMoRan
Announcing his 8.5% stake in Freeport-McMoRan, Carl Icahn said that he plans to discuss capital expenditures and more with Freeport management.
Baupost Group raises position in eBay in 3Q14
Baupost ups position in eBay The Baupost Group raised its position in eBay Inc. (EBAY) that accounted for 6.01% of the fund’s total third-quarter portfolio. The fund owns 6,096,707 shares, up from 4,436,300 shares in 2Q14. The position was initiated in 2Q14. The stock price is up ~ 9% since the second quarter. JANA Partners, as well […]
Samsung could see a tough 2014 as Galaxy S5 sales start off slow
Although Samsung managed to increase its share in the worldwide smartphone market in 2013, it could face a tough 2014.
Are Groupon’s Investments Panning Out?
Groupon (GRPN) has yet to impress in terms of revenue growth, despite its investments in marketing efforts both online and offline.
The Future for Alibaba’s Ant Financial
Speculations are swirling that Alibaba could be gearing up to split its payment unit, Ant Financial, into a stand-alone entity through an IPO.
Is eBay’s Active Buyer Base Expanding?
At the end of 2Q17, eBay had 171 million active buyers. The company describes an active buyer as one who successfully closed a transaction on its platforms within the trailing 12 months.
How PayPal Grew Bigger than Its Parent eBay
At the time PayPal (PYPL) was reporting its 3Q17 results on October 19, it had a market capitalization (or market cap) of $80.8 billion.
Carl Icahn’s Wish Comes True: PayPal Starts Trading on NASDAQ
Investor attention focused on PayPal’s (PYPL) stock, which began regular trading on the NASDAQ Exchange on July 20.
Must-know: eBay announced the spinoff of Paypal
On September 30, 2014, eBay (EBAY) announced its decision to spin off PayPal into a separate publicly-traded company. The spinoff will take place in 2015.
Square Doesn’t Let Its Dreams Perish Easily
Square’s revenue rose 51% year-over-year to $882 million in the third quarter.
Is Alibaba Harming US Businesses?
Alibaba’s (BABA) war on fake goods on its marketplaces has been widely criticized as being weak or lacking direction.
Why Google Express is still a work in progress
Google Express works directly with local retailers, while Amazon maintains its own warehouses and has a much larger selection of items to choose from.
Is Groupon’s Profit-before-Revenue Strategy Working?
In its 3Q17 results, Groupon (GRPN) repeated its strategy that its priority is maximizing profits. It added that its focus on improving profitability may come at the expense of revenue.
Amazon Tests Shopping Feature with Huge Potential
Amazon (AMZN) has been quietly testing a shopping feature with pop-ups pointing shoppers to cheaper alternatives as they browse its marketplace, according to The Wall Street Journal.
How JD Will Fund Its $1.0 Billion Repurchase Program
JD.com (JD) is planning to repurchase up to $1.0 billion of its shares over the next 12 months. The company intends to fund its share repurchase program with its existing cash balance.
eBay: An investor’s guide to the world’s largest marketplace
Initially viewed as an an online auction house, eBay now considers itself as the world’s largest online marketplace.
Citrix Is the Latest to Yield to Shareholder Activism
Shareholder activism plays a dominant role in the breakup of companies to unlock shareholder potential.
Alibaba Affiliate Ant Financial Seeking to Raise $9 Billion
Alibaba (BABA) is scheduled to report its fiscal 4Q18 (calendar 1Q18) results amid reports that its finance-focused affiliate, Ant Financial, is seeking to raise at least $9.0 billion through private funding.
Mobile: A Crucial Driver for Alibaba’s Positive 2Q16 Results
Out of the total GMV (gross merchandise volume), mobile accounted for 62% of Alibaba’s GMV for fiscal 2Q16. In comparison, mobile GMV accounted for 36% of total GMV in 2Q15.