If the future would be bright why the massive layoff? A high growth company would not take this measure. See latest seeking alpha report. Explains excactly what should worrysome
you should know that China Market has no impact on BABA !
this could be major driver for Friday
not with this yahoo statement:
Statement tuesday night by a yahoo spokeswoman --- they understood that any potential change to the IRS's spinoff rules would NOT affect ruling requests that had been already filed. -- story by Hannah Kuchler in SF from the FInancial Times