NEW YORK, July 31- Alibaba Group Holding Ltd has invested $120 million in San Francisco- based mobile games studio Kabam, the latest in a string of U.S. investments intended to build up the Chinese online retailer's presence in the world's biggest Internet arena.» Read More
While U.S. stocks finished near session highs Thursday, the "Fast Money" traders watched these names in particular.
It doesn't matter where Groupon prices it's initial offering, it's a bad deal for anyone who buys it, says Joan Lappin, Gramercy Capital Management, discussing the deal-of-the-day's IPO.
CNBC's Julia Boorstin reports Groupon is getting set for its IPO, but there are a slew of competitors nipping at its heels.
Amazon missed earnings expectations as revenue was strong but margins decreased as new products were rolled out and infrastructure investment was expanded. Amazon had warned that the third quarter would likely be soft but analysts were still feeling particularly optimistic given the rollout of the Fire tablet.
"It's hard to imagine anyone could possibly fill the enormous vacuum left with the tragic death of Steve Jobs. But people are searching hopefully for such a person," and this author thinks that person could be Jeff Bezos.
The Fast Money traders weigh in on the play on Amazon's earnings, with Colin Gillis, BGC Financial senior technology analyst, who has a sell rating on Amazon, and expects the company to continue its declining operating margins. Also, are techs in trouble or is it a buying opportunity, with Ron Insana, CNBC contributor, and IBM selects a new CEO, Virginia Rometty.
Amazon shares fell over 15% after a big miss on earnings and a disappointing Q4 guidance, with CNBC's Jon Fortt; Herman Leung, Susquehanna Financial Group; and Jordan Rohan, Stifel Nicolaus.
The retail sector is on a roll- but how long can the good times last? Peter Wahlstrom, Morningstar analyst, discusses.
Gene Munster, Piper Jaffray analyst, discusses Amazon expectations and the state of online retail shopping.
The Fast Money traders weigh in on American Express in after hours trading, and discussing whether Groupon is rushing to go public, with Sam Hamadeh, Privco CEO.
What follows is a list of products and services that became so indispensable to consumers that they instantly lost interest in their previous favorites.
Here's how the "Fast Money" traders play to approach yet another day of trading.
Google is no longer the center of the Internet universe, according to Stifel Nicolaus media analyst Jordan Rohan, and that's one of the reasons he downgraded the company to "hold" from "buy" Wednesday.
Netflix may lose almost a third of its current subscribers after bungling the split of its DVD and streaming plans, according to a survey by research firm Frank N. Magid Associates.
The electronics giant is selling products from online retailers through its website in an effort to boost revenues, but is it too little, too late? CNBC's Herb Greenberg has the details.
Sharing positive earnings and business strategies at QVC, with Mike George president/CEO.
The buzz is building; the brand is hot, and the shoes are cheap. Discussing how to make philanthropy fashionable and profitable, with Blake Mycoskie, TOMS Shoes founder & chief shoe giver.
CNBC's Brad Goode has the details on a state sales tax deal Amazon wants to make with California in exchange for jobs.
Scott Bernhardt, Planalytics COO, discusses which retailers could win from Hurricane Irene.
Cramer makes the call on viewers' favorite stocks.