|Bid||0.00 x 1100|
|Ask||0.00 x 2200|
|Day's Range||74.88 - 76.51|
|52 Week Range||54.75 - 82.45|
|Beta (3Y Monthly)||1.50|
|PE Ratio (TTM)||N/A|
|Earnings Date||Apr 29, 2019 - May 3, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||76.00|
China is already the second largest economy in the world and some believe it will eventually be the biggest one day. Given how large China's market is, President Trump has pushed for fairer trade standards and for the government there to open more markets. One potential concession made by the Chinese government is potentially the cloud. According […]
Billionaire George Soros is one of the greatest investors of all time. His overall performance ranks up there with Simons, Buffett, Icahn, and other famous names. Soros has also shown his shrewdness in the futures market, forex market, and the equity market. Unlike some other markets, we as average investors get to see how his fund, Soros […]
Altaba Inc NASDAQ/NGS:AABAView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is low for AABA with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding AABA are favorable with net inflows of $109.78 billion. This was the highest net inflow seen over the last one-year.Error parsing the SmartText Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Altaba holders may want to consider selling their shares rather than waiting for the company’s complex liquidation process to play out over what could be several years.
Altaba’s move to liquidate its big stake in Alibaba and close down isn’t quite the deal JPMorgan was looking for, but investors can expect Altaba shares to rise about 7% by the end of the year assuming the liquidation goes through.
As it turns out Michael Gelband’s ExodusPoint Capital is the hottest new hedge fund of 2018 because more and more people are stepping down from its current portfolio manager roles just to take a chance at working at ExodusPoint as analysts. For example, Josh Powers joined ExodusPoint in December leaving First New York, where he […]
The Yahoo spin-out created to house Yahoo's lucrative stake in Alibaba and Yahoo Japan announced today that it will sell its lucrative stake in Alibaba and shut up shop. The entity has long existed as a proxy to Alibaba -- some might argue Yahoo was the same in its final years -- and the sale is expected to net shareholders around $40 billion. Altaba was formed following AOL's 2017 acquisition of Yahoo to create Oath -- disclaimer: that's TechCrunch's parent, and it is now called Verizon Media Group -- to keep hold of the 15 percent stake in Alibaba and a 35.5 percent stake in Yahoo Japan that Yahoo owned.
Altaba, whose chief asset is a $50 billion stake in Alibaba Group Holding, plans to liquidate and distribute its assets to shareholders in an effort to deliver the most value to its own investors.
Stock futures rose on China trade news: AMD neared a buy point. Altaba will liquidate, selling its 15% Alibaba stake. Tesla bulls and bears kept a close watch for Q1 delivery data.
Altaba Inc. (“Altaba” or the “Fund”) (AABA) today announced that the Fund’s Board of Directors (the “Board”) has approved the liquidation and dissolution of the Fund pursuant to a Plan of Complete Liquidation and Dissolution (the “Plan”), subject to stockholder approval. The Fund intends to file a proxy statement with the U.S. Securities and Exchange Commission (the “SEC”) with respect to a special meeting of stockholders to seek stockholder approval of the liquidation and dissolution pursuant to the Plan.
Looking for stocks with high upside potential? Just follow the big players within the hedge fund industry. Why should you do so? Let’s take a brief look at what statistics have to say about hedge funds’ stock picking abilities to illustrate. The Standard and Poor’s 500 Index returned approximately 13.1% in the 2.5 months of 2019 (including […]
Jeffry Gates’ Gates Capital Management is an event-driven alternative asset manager founded back in 1996, which managed around $2.69 billion on a discretionary basis at the end of 2016. Besides being its founder, Jeffrey Gates is the current President and Portfolio Manager of the fund, whose headquarters are in the Big Apple. Before launching his […]
Both Bloomberg and Reuters have become associated with the fastest and most credible digital information sources in the financial industry while growing together to carve out a unique sourcing niche. Learn about some of the differences between the two companies.
U.S. officials revealed last week that a federal grand jury indicted Monica Witt, a former Air Force counterintelligence official, on charges of passing extremely sensitive secrets to agents of Iran’s Revolutionary Guard Corps. The case highlights how broken the U.S. intelligence system has become. The result: Brave foreign nationals who risk their lives inside harsh regimes to spy for America are being killed and imprisoned on a significant scale.
The Chicago Board Options Exchange (CBOE) applied for the second time with the U.S. Securities and Exchange Commission on Thursday to list its Bitcoin ETF. Traders are hopeful the SEC will approve the security that tracks a basket of assets, as they say it could help increase adoption of the coin.