What Do Analysts Recommend for Alphabet?
On December 21, 2015, the last trading price of Alphabet (GOOG) was $760.8.
Yahoo Coins the Term MaVeNS, Its Key Revenue Growth Driver
In 2015, Yahoo’s management expects that MaVeNS will contribute more than $1.5 billion of revenue to Yahoo’s overall business.
Tiger Global Management starts positions in YHOO, LINTA, SODA, TRIP and sells SBGI, QCOM—13F Flash E
In this six-part series, we’ll go through some of the main positions Tiger Global Management traded this past quarter. Why sell Sinclair Broadcast Group (SBGI)?
Why losing search market share could weigh on Yahoo’s Q2 earnings
The 1Q14 earnings for Yahoo were slightly better than analysts’ expectations.
Steven Cohen’s Point72 Asset Management ups its stake in Yahoo
Steven Cohen’s Point72 Asset Management upped its position in Yahoo! Inc. (YHOO) last quarter that now accounts for 2.18% of the fund’s total 1Q portfolio.
Why HP resorted to layoffs to reduce its costs
Social, mobile, analytics, and cloud (or SMAC) is a disruptive technology that’s transforming the current IT environment at a rapid pace. Many technology leaders, who failed to acknowledge its importance or were slow in embracing it, are suffering. HP has been impacted by SMAC.
Why Yahoo’s revenue continues to decline
The mobile advertising market is expected to grow at a faster rate than the overall digital advertising market.
Why Facebook stopped using Bing for its web search results
The company has now stopped including results from Microsoft’s Bing search engine through the Facebook search.
JAT Capital raises its position in Apple
Activist investor Carl Icahn said that Apple’s stock is dramatically undervalued and is actually trading at half its intrinsic value. He believes that Apple’s stock should be trading at around $203.
JAT Capital ups its position in Yahoo
Yahoo! Inc. is a global technology company that provides a variety of products and services. Recently, Yahoo shares climbed higher on third-quarter earnings and revenue that beat analyst estimates.
What Are Analysts’ Recommendations for Facebook?
Out of 52 analysts covering Facebook, 47 have “buy” recommendations, one has a “sell” recommendation, and four have “hold” recommendations on the stock.
Yahoo’s Acquisition of BrightRoll: A Boon for the Company
In December, Yahoo acquired BrightRoll for $640 million. The acquisition of BrightRoll put Yahoo in a leadership position in the video advertising industry.
Mobile Search Is a Key Growth Driver for Yahoo
Mobile search monetizes at a lower rate than PC search due to the smaller screen sizes of mobile devices.
Farallon Capital sells stake in Yahoo!
Farallon Capital Management sold its position in Yahoo! Inc. (YHOO) during the third quarter. The stock accounted for 3.39% of the fund’s total 2Q14 portfolio.
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.
Point72 Asset Management starts a new position in Estée Lauder
Steven Cohen’s Point72 Asset Management, which was earlier known as SAC Capital, added a position in Estée Lauder Companies (EL) in 1Q 2014.
Facebook’s Audience Network helps expand its mobile reach
Audience Network benefits not just Facebook, but developers too. By helping developers manage ad inventories, apps can be more readily monetized.
Key takeaways from the online advertising industry
The online advertising industry is growing at a much faster pace. This is an exciting opportunity for advertisers and marketers around the world.
Yahoo Announces Management Changes for Its Tumblr Business
Yahoo acquired Tumblr for $1.1 billion in 2013. David Karp founded Tumblr. He had been leading the business at Yahoo as well. Now, he will report to Simon Khalaf.
Yahoo completed the acquisition of BrightRoll
On December 15, 2014, Yahoo completed the acquisition of BrightRoll for ~$640 million in cash. It’s the industry’s leading programmatic video advertising platform.
Why display advertising is still a challenge for Yahoo
Yahoo’s other area of core business is the display advertising business. It hasn’t been performing well. In 3Q14, its revenue declined by 6% YoY.
Microsoft Will Have to Make Sales Force Changes to Sell Search Ads
Microsoft will need to beef up its sales force to sell its search ads. Microsoft’s Bing is ranked third in the global search ad market.
Must-know: Why Tiger Global liquidates stake in Yahoo
Tiger Global disposed of a position in Yahoo Inc. (YHOO) which accounted for 4.53% of the fund’s 4Q13 portfolio.
Yahoo’s Tumblr Outshines Instagram in User Growth
Yahoo plans to make Tumblr similar to YouTube and is trying to convince some of Google’s top YouTube stars to make Tumblr their exclusive video distributor.
Where Is Facebook Investing Heavily?
Facebook has been hiring new talent and investing heavily in improving user experience on Instagram, WhatsApp Messenger, and Messenger. Instagram is expected to churn big money for Facebook.
Soros Fund Management raises position in Phillips 66
The surge in Phillips 66’s net profit came largely from significant improvement in the Refining segment as well as from its Marketing and Specialties segment.
David Einhorn Included Yahoo in His Top Stock Picks for 2016
David Einhorn has included Yahoo in his top stock picks for 2016. He increased his position in Yahoo in 1Q16 and bought 4.4 million shares of the stock.
Steven Cohen and Point72 Asset Management’s 1Q 2014 positions
Steven Cohen’s Point72 Asset Management, the new name for SAC Capital Advisors, disclosed new positions in its 13F filing this month.
Facebook’s Audience Network efforts are paying off
Facebook (FB) launched its Audience Network program early last year in beta. Facebook said that it’s looking to partner with more publishers.
Amazon looks to broaden Twitch’s scope through music streaming
Amazon (AMZN) acquired Twitch a few months back for a valuation of around $1 billion. Twitch is a popular website for video game enthusiasts.
Facebook Ready to Monetize Instagram—Are Users Ready?
Initially, Facebook had posted restrictions on the content being marketed on Instagram, and this made Instagram unique on social media.
Strong Performance Trends for Most Internet Stocks in June
The Internet Software & Services subsector continues to lead large-cap tech stocks. Of the seven stocks in this subsector, one had negative and six had positive weekly returns.
A must-know look at Facebook’s 3-year strategy
This is a tool to connect people with important public moments and personalities on Facebook. This is an attempt by Facebook to draw on features of Twitter Inc (TWTR)—where people are comfortable sharing their views with everyone.
Magnetar decreases stakes in American Airlines
Magnetar reduced its position in AAL in the third quarter. The position accounts for 1.17% of the fund’s total portfolio in the third quarter.
Web Application Vulnerability Gives Target to Hackavist
As evidence of increased web application vulnerability, Trustwave App Scanner has found 17,748 flaws and discovered that 98% of applications have an exposure through at least one or more flaws, which could give easy access to cybercrime.
Why Marissa Mayer’s Yahoo (YHOO) turnaround shows signs of life
Yahoo has recently exhibited a more intense drive to develop original content that’s more appealing to web surfers.
Why Twitter’s slow user growth is still a risk to its stock
Twitter’s MAU growth rate has slowed down considerably to a quarter-over-quarter rate of 1.4%.
Yahoo-Mozilla Deal Expands Yahoo’s Search Business
The Yahoo-Mozilla deal is driving millions of queries to Yahoo each month, which will boost Yahoo’s search-related ad revenue in coming quarters.
Why Magnetar Financial adds new position in Exterran Holdings
Exterran Holding reported lower 1Q14 profits.
Yahoo Believes Adam Cahan Can Resurrect Its Video Business
Adam Cahan will now lead Yahoo’s web video group. Cahan successfully changed Yahoo’s mobile business into a major operation.
Tumblr helped Yahoo increase its user engagement
User engagement is an important parameter for Internet companies. It helps drive ad pricing. Tumblr is helping Yahoo increase its user engagement.
How search advertising helps companies promote business online
Search advertising includes getting traffic through unpaid organic search or free listings and buying traffic through paid search listings.
Must-know: Why Tiger Global increases stake in Vipshop
Tiger Global increased its stake in Vipshop Holdings (VIPS) which now accounts for 4.54% of the fund’s 1Q14 portfolio.
Mobile advertising revenue fueled Yahoo’s growth rate
Yahoo (YHOO) increased the growth rate in its mobile advertising business. By the end of 2014 it will start getting more traffic from mobile than desktop.
Why did Twitter’s stock fall more than 10% after its earnings release?
A couple weeks back, we had warned Twitter’s (TWTR) investors that any disappointment in monthly active users growth would result in a steep decline in Twitter’s stock value.
An overview of what to expect from Yahoo’s 4Q14 earnings
Yahoo (YHOO) is expected to announce its fiscal 4Q14 earnings on January 27, 2015. Yahoo had robust third quarter results. Its revenue was $1.09 billion.
Gemini helped Yahoo leverage growth in the mobile search market
Gemini is a platform that combines mobile search and native advertising. It helps advertisers manage and optimize their ads.
Yahoo and Microsoft Amend Their Search Relationship
An April 16 press release from Yahoo (YHOO) announced that Yahoo and Microsoft (MSFT) have amended their search relationship.
Why mobile audiences will drive Yahoo’s business
Yahoo now has more than 430 million monthly mobile users—30% growth year-over-year—and more than half of Yahoo’s total monthly audience is on mobile.
Why did Viking Global Investors liquidate its position in Yahoo?
Viking Global Investors eliminated a 1.66% position in Yahoo last quarter.
Christian Leone’s Luxor Capital adds a new position in Yahoo
Recently, Yahoo shares went higher after third quarter earnings and revenue beat analyst estimates. Third quarter profit rose to $6.77 billion.
Must-know overview of Facebook’s 3Q14 earnings
According to a report from eMarketer, and as the chart above shows, Google has about a 31% share in the worldwide digital advertising market, followed by Facebook at ~8%.
Facebook and Twitter Will Gain Share in the Display Ad Market
According to a recent report from eMarketer, Facebook and Twitter (TWTR) will continue to gain share in the US digital display market in the future.
Flurry Provides Useful Mobile Insights to Yahoo’s Advertisers
During the earnings conference call, Yahoo’s management said that in 2014, more than 600,000 applications were integrated with the Flurry software development kit.
Starboard Value raises activist stake in MeadWestvaco
Starboard Value is a New York-based activist hedge fund that takes large, long-term positions in companies that it believes to be undervalued or mismanaged.
Must-know: Why is Yahoo undervalued versus its competitors?
Yahoo’s trailing P/E is almost in line with its peers but it’s below Google (GOOG), Facebook (FB), and Chinese Internet giant Baidu (BIDU).
Yahoo Is Looking to Increase User Engagement on Yahoo Mail
In addition to its partnership with Paperless Post, Yahoo (YHOO) also launched contact cards in Yahoo Mail to increase user engagement.
Yahoo’s Price per Ad Continues to Fall in Fourth Quarter
Yahoo’s price per ad decreased about 20% in 4Q14 compared to 24% in 3Q14, mainly due to a shift from higher priced premium inventory to native ads.
Will Yahoo’s Firefox deal grow its mobile search market share?
Yahoo’s mobile search business continues to increase at a fast rate. It shows that the company’s investments in mobile are finally paying dividends.
Mozilla Firefox to replace Google with Yahoo
Mozilla Firefox has a relatively smaller share of the browser market. But its decision to replace Google with Yahoo will hurt Google.
Strong Earnings Growth Helps Keep NASDAQ Valuations Attractive
The promise of technology stocks has translated into solid deliverables with strong earnings growth.
Dan Loeb’s Third Point Partners buys a position in CF Industries
Third Point initiated a new position in CF Industries (CF) last quarter that accounts for 3.70% in the fund’s total 1Q portfolio.
Verizon looks to acquire smaller but strategic companies
Over the past year or so, Verizon has made a number of smaller but strategic acquisitions including EdgeCast, OnCue, and upLynk.
Why new right-hand column design benefits Facebook
Right-hand column ads are not part of mobile due to limited space. And it’s a well-known fact that the usage on mobile is increasing at a faster rate than desktop.
Event-Driven Strategy in a Volatile Market
Event-driven strategy is designed to make an investment in special situations, including mergers and acquisitions, restructuring, split-offs, bankruptcy, and other major events.
Microsoft Deal with AOL a Missed Opportunity for Yahoo!
Ross Levinsohn said that Yahoo! once tried to strike an advertising deal with Microsoft (MSFT) similar to the new deal between AOL (AOL) and Microsoft.
Point72 raises its position in Weatherford International
Point72 Asset Management, previously SAC Capital, added to its position in Weatherford International (WFT) in 2Q 2014. The position accounts for 1.03% of the fund’s 2Q portfolio, up from 0.55% in 1Q14.
Luxor starts new position in Melco Crown Entertainment
Melco’s net revenue for the second quarter of 2014 was $1.19 billion, down approximately 7% year-over-year.
Could Verizon Buy Yahoo! for Less than It Paid for AOL?
If Verizon shaves $1 billion from the price it was to originally pay for the Yahoo! acquisition, the deal would be worth less than the $4.4 billion that Verizon paid for AOL in 2015.
Facebook’s slow user growth isn’t a concern
Despite the slow user growth, Facebook continues to be the leading social network in terms of monthly active users.
Google Led Wall Street Up on July 17, Tech Drove the S&P 500
Google (GOOGL) led stock market gains on Wall Street on July 17. Its stock registered a 16.26% rise at the close of July 17.
JAT Capital opens new position in Ctrip.com
Ctrip.com International, Ltd., or Ctrip, is a leading travel service provider of accommodation reservations, transportation ticketing, packaged tours, and corporate travel management in China.
Facebook Enhances Its Platforms by Growing Its User Base
Facebook’s (FB) family of platforms includes WhatsApp, Messenger, and Instagram in addition to Facebook’s own platform. Its platforms continue to grow in size.
Twitter has big plans for its archive of every tweet since 2006
In November 2014, on Twitter’s (TWTR) engineering blog, the company posted that it indexes every public tweet since 2006.
Tiger Global Management starts positions in YHOO, LINTA, SODA, TRIP and sells SBGI, QCOM—13F Flash A
In this six-part series, we’ll go through some of the main positions Tiger Global Management traded this past quarter. Why buy Yahoo Inc. (YHOO)?
Facebook looking to expand Messenger’s reach through web version
On Wednesday, Facebook (FB) launched the web version of its Messenger mobile app. Messenger has more than 500 million monthly active users.
Facebook’s Earnings in 4Q15: Facebook Shares Rose by 12%
Facebook beat analyst estimates for both revenues and EPS. The company reported revenues of $5.8 billion, compared to estimates of nearly $5.4 billion.
Why Magnetar Financial initiates new position in Rowan Companies
First quarter results beat estimates despite a decline in earnings and revenue.
Pinterest to Take E-Commerce Stake with Its New Acquisitions
In June 2015, Pinterest launched buyable pins, helping pinners—people sharing images and links—to buy products within Pinterest itself.
Yahoo’s strategic partnership with Mozilla
On November 19, 2014, Mozilla entered into a five-year strategic partnership with Yahoo (YHOO). It made Yahoo the default search engine for Firefox users in the US.
Facebook’s Domestic User Growth Continues to Slow
Facebook showed a rise of 15% in its number of monthly active users, which stood at 1.6 billion in 3Q15 compared to 1.4 billion in 3Q14.
Why Magnetar Financial disposes position in EQT
The company missed on 4Q13 earnings and revenue back in February.
JAT Capital sells its position in Vipshop Holdings
According to a Bloomberg report in March, Vipshop’s Guangzhou-based share price doubled this year after surging 369% in 2013. This was the biggest advance on the Bloomberg China-U.S. Equity Index.
Luxor Capital exits position in Yahoo! Inc.
Luxor Capital Group sold its stake in Yahoo! Inc. (YHOO) during 3Q14. The position accounted for 3.86% of the fund’s total 2Q14 portfolio.
Google Continues to Be the Search Ad Market’s Dominant Player
Google maintained growth rates of 17%–18% over the last couple of years. It should be able to manage a healthy growth rate in 2015 as well.
How Advantageous Is Facebook Compared to Other Platforms?
The advantage of Facebook over other social media platforms is its 1.6 billion monthly active users.
Why Facebook is getting serious in the video ad space
According to a recent report from Variety, Facebook is adding a couple of features similar to YouTube’s features. These include the “view counter” and “related videos” features.
Twitter stock gains on a robust revenue growth announcement
Overall, Twitter had a great 2014, showing robust revenue growth. Twitter also easily beat analysts’ consensus estimates.
Why did Viking Global Investors establish a position in Cemex?
Viking Global Investors opened a new position in Cemex SAB de CV.
The evolution of online advertising
Since its inception in the early 90’s, online advertising has exponentially increased in growth.
Farallon Capital initiates position in Tim Hortons
Farallon Capital Management started a new position in Tim Hortons Inc. (THI) during the third quarter of 2014. The position accounted for 2.62% of the fund’s 3Q14 portfolio.
JAT Capital’s activist stake in Madison Square Garden
In its latest amended filing to SEC, JAT Capital revealed it has an activist stake equal to 9.36% of the company’s shares outstanding. It upped its stake to 5.96 million shares, pushing the company’s management harder to consider strategic alternatives.
JAT Capital adds to its position in Twitter
Despite continued growth, Twitter is still a small player in the online advertising market. Twitter needs the support of as many advertisers as possible to become a major player in the digital advertising world.
JAT Capital starts a new position in Zillow
Zillow, Inc. operates the leading real estate and home-related marketplaces on mobile and the Web. Zillow reported quarterly revenue of $88.6 million, up 66% over 3Q 2013.
Must-know: positions traded by Soros Fund Management in 3Q14
Soros deploys a global macro investment strategy, investing in a wide range of markets and asset classes globally.
Luxor Capital adds new position in Orbitz Worldwide
Orbitz net revenue rose 10% year-over-year to $248.1 million in 2Q14 as a result of higher hotel, vacation package, car, and air transaction volume.
Luxor Capital ups stake in RCS Capital
RCAP, which has a ~$1.24 billion market cap, is an investment firm that focuses on the retail investor.
Luxor Capital adds to position in BJ’s Restaurants
In 3Q14, BJ’s total revenues increased 9.7% to $206.5 million and net income rose 77.7% to $6.5 million.
Luxor Capital raises stake in Altisource Portfolio Solutions
Altisource Portfolio Solutions and its subsidiaries are a premier marketplace and transaction solutions provider for the real estate, mortgage, and consumer debt industries.
Luxor Capital ups position in Altisource Asset Management
Altisource Asset Management’s primary business is to provide asset management and certain corporate governance services to institutional investors.