4 Tech Stock Stories for Investors to Scan
Dell (NASDAQ:DELL): Current price $12.59
Multiple sources have informed Fortune that only the private equity firm Silver Lake Partners remains of the two that were reported late Monday as being in talks with Dell as to a possible leveraged buyout. It appears that each firm was negotiating independently with Dell, and now TPG Capital has walked out. Meanwhile, the Wall Street Journal says that the company is trying to finalize a $23 billion to $25 billion-acquisition that could include participation from both Michael Dell and also a large pension fund or sovereign wealth fund.
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Yelp (NYSE:YELP): Current price $20.01
On Wednesday, Yelp shares were downgraded from Market Perform to Underperform at Northland Capital Market after analyst Darren Aftahi pointed to the Tuesday intro of Facebook’s Graph Search feature, which he contends “is highly competitive to Yelp, as the platform provides a unique alternative to local business search within the context of one’s social network.” In reaction, Yelp shares continue Tuesday’s downward trend on Wednesday.
Amazon.com (NASDAQ:AMZN): Current price $269.18
Amazon’s decision to lease two new data centers could reinforce the reliability of its cloud computing infrastructure in northern Virginia, the location of crucial facilities in the outage-plagued United States-East region. It was revealed this week that Amazon will be the anchor tenant in a new data center project in Ashburn, Virginia.
Microsoft Corporation (NASDAQ:MSFT): Current price $27.10
Microsoft’s Surface with Windows 8 Pro will become available in the coming weeks, says Electronista, citing the general manager of Microsoft’s Surface hardware Panos Panay.
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