From alibaba. Back on october 8th the stock up 67, down almost 50 from its highs leaving shareholders that bought it on the ipo and all the way up leading from the eye balls, founder urged investors to think longterm because the company is doing extraorornarily well. Since then alibaba stock has been off to the races. When the Company Reported a spectacular amount of money this morning, the stock immediately rallied six points right from the get go. However then alibaba sold off. In part because the market slid but also becausexpectations were easily trumped and there was a second more important consideration. The stock anticipated this good news so with a aexcessive move ahead of itselel the expectations were blown away the stock figured it out. I was convinced if you buy yahoo as a proxy for alibaba given its stake in the cocoany you get whats left of y yoo itself after it distributes its position to shareholders. Right now yahoo is being valued as though its worth next to nothing it
S p declining. 26 . Nasdaq losing. 09 . Its all underneath the surface. The moves were all over the map and the volatility was insane because the expectations are moving to be totally off base in so many different cases. The best example, twitter. Ive been telling people to cool it already about the stock. Dont get too excited about new features or the new jack dorsey regime because the ceo just got started. This thing cant be turned around that easily. I even lost my cool this morning. It says people should just give the guy a chance and not bet on the near term. No, expectations got ridiculously high. Many say jim if you do like three more periscopes cant that be additive to earnings . No. Guidance is weak. Things just got out of hands. Stocks can drop to the low 20s in august. Incredibly bizarre expectations for the Largest Company in the world, apple, which reporting this evening gave us good earnings. We got lots of whispers. There was a massive slow down in phones because some ge
Home depot, target, sonys playstation as well. This week on the communicators were going to discuss data breaches with wade baker of verizon, and verizon has put out a data Breach Report for 2014. Mr. Baker is the chief Technology Officer and Security Director for verizon enterprise solutions. What does that mean, mr. Baker . What a do you do . [laughter] guest well, we Research Security technologies, try to bring those technologies into our product so that we secure Corporate Networks and consumers as well. Host whats the definition of a data breach . Guest an unauthorized individual or could be a group gains access to nonpublic information, is the clearest definition of it. So it could be corporate secrets, could be personal information, could be emails, any kind of information that you dont want the public to see. Host what are some of the major conclusions of your 2014 data breach informations report . Investigations report . Guest major conclusions are that this thing is getting m
Pertaining to Ground Troops ambiguous and vague and broad and others call it a step forward against global terrorism but the president is making it clear this is limited to three years but adds flexibility to our fight against isis and assuring everybody that he are only send troops into harms way when absolutely necessary. It will see a final vote in the spring but the president speaking to the nation making it clear that the under along with 60 other Global Partners are very committed to this fight against isis. The police say they caught the man that attacked a woman on the transit concourse and that he is no stranger to law enforcement. Vernon odom has the latest reporter lease say they have the man that attacked a woman on monday afternoon and he faces multiple charges. Police say this this man, Reginald Green is this man, monday afternoons attacker. Is he clarnled with severely beating a northeast philadelphia woman and beat her. He pummeled her and beat her and she suffered inju
Tyler is out today, but as i mentioned, brian is live in l. A. They there, brian. Reporter hey, mandy. Happy friday. That comcast Time Warner Cable deal is off, disconnected, if you will. Comcast is the Parent Company of this network and it is ending its deal to buy Time Warner Cable. This is following regulatory scrutiny. Our ceo, Brian Roberts, on cnbcs squawk box earlier today saying it is simply time to move on. So where did it all fall apart and what now . David faber joining us with more. David . With its deal to be acquired by comcast no longer on the table, one of the key questions is what does Time Warner Cable do . The company will be report earnings next week well see how good they look and whether or not, of course Charter Communications, which had pursued Time Warner Cable so much so that it found itself in the arms of comcast eventually will come back to try to do that. Charter, for its part finds itself without any of the subs it expected to be taking in. Whether through