Almost entirely due to the strong results from ali baba. We call it the chinese amazon and yahoo owns a quarter of it. Profits more than doubled. Charles payne is here. To you first, what is yahoo if it didnt have a quarter . Charles lets compare the last quarter. Ali baba 3 billion revenue, yahoo 1 billion, revenue up 66 , yahoo up 1 . When yahoo trotted two new digital magazines and the fact the quick and loan bracket challenge they with the Technology Behind it you knew you were in trouble. Stuart if ali baba is the reason for yahoo s stock rise, does that mean Marissa Meyer hasnt done much in her two years as ceo . Is fair to criticize her but it is not fair to say she hasnt done much because the report also said that revenues were up for the First Time Since july of 2012 so something positive is happening. If it was all ali baba would you be seeing a 5 move . Charles two months ago the street said ali baba was worth 150 billion. To date is 250 billion. That is worth 5 to a company
December 19, 2023 9:00 AM Newmark announces that debt and structured finance expert Anthony Valenzuela has joined the firm as Executive Managing Director. With.
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