The new trading week kicks off with Youku.com
China's leading video-streaming website has been on a roller coaster since going public at $12.80 eight months ago. The stock hit nearly $70 back in April, but Youku has since shed roughly half of its peak value. Analysts are braced for a small loss as the site operator inches closer to profitability.
The company's mCore platform gives wireless carriers a cost-effective way to add smartphone-like data access to cheaper feature phones. The stock is trading well off its all-time highs as investors weight the migration to smartphones, but Motricity's been eyeing international opportunities.
Chinese social-networking site Renren
Friday's are usually ho-hum affairs in terms of corporate events, but those hungry for an earnings report can turn to Mentor Graphics
Until next week, I remain,