$5.8B... That's how much we spent on the last Amazon Prime Day. Alibaba's Singles Day enjoyed sales 7-times that: $38B (fun SnackFact: Taylor Swift sang at launch concerts for both insane faux-holidays). The Chinese ecommerce firm transformed the day honoring singles into an ecommerce splurge-fest that out-sold Prime Day in its 1st hour. But Alibaba stock fell because investors expected even more. Rule of thumb: Stock price movements = expected news - actual news.
We have plenty of printers, thanks... Instead of obsessively watching their fantasy football score, the board of HP unanimously rejected Xerox's offer to acquire it for $27B. It would've been a strange deal since Xerox is 1/3 the size of HP (picture Robin inviting Batman to join his crime-fighting team) — but together, the combined company would've saved an estimated $1B annually (just 1 accounting team and 1 holiday party, instead of 2 of each).