“The negative business outlooks by Texas Instruments and Intel will definitely hurt sentiment for technology shares in the short term. I'm a bit cautious on Softbank's bid for Vodafone. The buyout price seems pretty high and pricing pressure will increase.”
“Yesterday I think Softbank gained as investors saw this as part of its new growth strategy. But I think the price of the purchase is very much at a premium.”
“Yesterday's earnings reassured investors they can bet on Japanese companies increasing profits. Many companies will report solid earnings, supported by the country's economic growth.”
