Scalper1 News
Yahoo late Tuesday posted Q2 earnings and sales that missed Wall Street views, but the U.S. Web portal said it struck a deal with China’s Alibaba that will let it retain a bigger stake in the e-commerce giant after its U.S. IPO. Yahoo (YHOO) stock initially rose 2% after hours on the Alibaba news, but was down 2% later despite better-than-expected revenue guidance for Q3. “For the last two years the stock has primarily been driven by Alibaba … Scalper1 News
Scalper1 News