Both Amazon.com (NASDAQ:AMZN) and Google’s parent company,Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL), are trading near their all-time highs. Amazon’s stock has climbed so much in the past 12 months, it’s made its founder and CEO Jeff Bezos the second wealthiest person in the world, recently surpassing Warren Buffett and Amancio Ortega. Alphabet shares are up a modest 11%, compared with....More>>>
Less than two weeks ago, Reuters broke the news intra-day that InvenSense would be acquired by Japan based TDK Corp for around $12 per share.
Shares of InvenSense popped by 28% that day after the Reuters article hit trading desks.
A week or so before the Reuters article, InvenSense had announced that it was evaluating indications of interest and that had....More>>>