LY (OTC:YAHOY) Stock, Quote.Headers.trade-ideas

YAHOO JAPAN CORP

Z Holdings

LY Corp's portal site, Yahoo Japan, was one of the first internet services in Japan, and it has maintained its market-leading position in terms of monthly active user numbers and page views. In addition, the company offers a variety of internet services, including e-commerce, online travel, and online video. In October 2013, the firm began a new e-commerce strategy of waiving store tenant fees and sales royalty fees on its Yahoo Shopping service to compete with Rakuten and Amazon Japan. The company acquired Zozo in 2019 and integrated Line in 2021.

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The renowned investor, Cathie Wood has recently dipped back into LY Corp., the Yahoo! Japan operator, after more than a year.

Ark Invest&#39;s Cathie Wood Doubles Down On Yahoo Japan Operator After A Year-Long Hiatus

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LY Corp

Z Holdings (OTC:<a class="ticker" href="https://www.benzinga.com/stock/YAHOY#OTC">YAHOY</a>) reported quarterly earnings of $0.04 per share. This is a 24.53 percent decrease over earnings of $0.05 per share from the same period last year. The company reported $3.10 billion in sales this quarter. This is a 1.67 percent increase over sales of $3.05 billion the same period last year.

Earnings

Z Holdings Q2 Adj $0.04 Down From $0.05 YoY, Sales $3.10B Up From $3.05B YoY

The renowned investor, Cathie Wood, has recently dipped back into LY Corp. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/YAHOY#OTC">YAHOY</a>), the Yahoo! Japan operator, after more than a year.
What Happened: Wood&#8217;s investment fund, Ark Fintech Innovation ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKF#NYSE">ARKF</a>), acquired about 1.71 million shares of LY Corp last week, according to trading data from Ark Investment Management LLC. LY Corp, a major player in digital communication services in Japan, is mostly owned by a joint venture comprising SoftBank Group Corp and South Korea&#8217;s Naver Corp, <a href="https://www.bloomberg.com/news/articles/2023-12-26/cathie-wood-buys-yahoo-japan-operator-for-first-time-in-a-year?srnd=premium-asia">reported</a> Bloomberg.
See Also: <a href="https://www.benzinga.com/general/entertainment/23/12/36339042/jimmy-fallon-strikes-marjorie-taylor-greene-with-cutting-remark-do-you-know-how-hard-it-is-?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Jimmy Fallon Strikes Marjorie Taylor Greene With Cutting Remark</a>
Despite a recent user information leak, the company&#8217;s stock has continued to climb over the last two months, bolstered by a strong quarterly performance. Ark Fintech Innovation ETF is projected to have its best annual performance against the Nasdaq 100 since 2020. Its primary holdings include Coinbase Global Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), Block Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SQ#NYSE">SQ</a>), and Shopify Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHOP#NYSE">SHOP</a>).
Why It Matters: Wood&#8217;s latest move is significant, considering the recent shifts in her investment strategy. Just a week before buying LY Corp&#8217;s shares, her firm, Ark Invest, <a href="https://www.benzinga.com/markets/cryptocurrency/23/12/36318564/cathie-woods-ark-invest-unloads-coinbase-and-robinhood-shares-amid-crypto-volatility">sold a substantial number of Coinbase </a>shares during a tumultuous period in the crypto market. This decision was in line with the current economic conditions, characterized by a plunge in major cryptocurrencies, Bitcoin and Ethereum.
Following the sell-off of Coinbase shares, Ark Invest proceeded to<a href="https://www.benzinga.com/markets/cryptocurrency/23/12/36337017/cathie-woods-ark-invest-buys-tesla-meta-shares-amid-market-volatility-sells-coinbase-and-g"> increase its stake in Tesla Inc</a>. The firm purchased a total of 111,387 Tesla shares through its ARK Innovation ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKK#NYSE">ARKK</a>) and ARK Next Generation Internet ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKW#NYSE">ARKW</a>). This move, along with the recent LY Corp investment, indicates a shift in Wood&#8217;s investment approach amid market volatility.
Read Next: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/23/12/36377093/tesla-investor-ross-gerber-after-getting-a-new-rivian-r1s-im-bored-of-the-model-y?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Tesla Investor Ross Gerber After Getting A New Rivian R1S: &#8216;I&#8217;M Bored Of The Model Y&#8217;</a>
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Ark Invest's Cathie Wood Doubles Down On Yahoo Japan Operator After A Year-Long Hiatus

<h3>Companies Reporting Before The Bell</h3>
&bull; Chevron Inc. (NYSE:<a class="ticker" href="/stock/CVX#NYSE">CVX</a>) is expected to report quarterly loss at $0.92 per share on revenue of $22.10 billion.
&bull; Weyerhaeuser Inc. (NYSE:<a class="ticker" href="/stock/WY#NYSE">WY</a>) is estimated to report quarterly earnings at $0.00 per share on revenue of $1.42 billion.
&bull; Goodyear Tire &amp; Rubber Inc. (NASDAQ:<a class="ticker" href="/stock/GT#NASDAQ">GT</a>) is estimated to report quarterly loss at $2.07 per share on revenue of $1.87 billion.
&bull; American Axle &amp; Mfg Hldgs Inc. (NYSE:<a class="ticker" href="/stock/AXL#NYSE">AXL</a>) is expected to report quarterly loss at $1.99 per share on revenue of $440.05 million.
&bull; Booz Allen Hamilton Inc. (NYSE:<a class="ticker" href="/stock/BAH#NYSE">BAH</a>) is expected to report quarterly earnings at $0.86 per share on revenue of $1.97 billion.
&bull; Illinois Tool Works Inc. (NYSE:<a class="ticker" href="/stock/ITW#NYSE">ITW</a>) is expected to report quarterly earnings at $0.70 per share on revenue of $2.33 billion.
&bull; Caterpillar Inc. (NYSE:<a class="ticker" href="/stock/CAT#NYSE">CAT</a>) is expected to report quarterly earnings at $0.64 per share on revenue of $9.38 billion.
&bull; Charter Communications Inc. (NASDAQ:<a class="ticker" href="/stock/CHTR#NASDAQ">CHTR</a>) is expected to report quarterly earnings at $2.46 per share on revenue of $11.60 billion.
&bull; Johnson Controls Intl Inc. (NYSE:<a class="ticker" href="/stock/JCI#NYSE">JCI</a>) is expected to report quarterly earnings at $0.48 per share on revenue of $5.13 billion.
&bull; Church &amp; Dwight Co Inc. (NYSE:<a class="ticker" href="/stock/CHD#NYSE">CHD</a>) is expected to report quarterly earnings at $0.63 per share on revenue of $1.15 billion.
&bull; Fiat Chrysler Automobiles Inc. (NYSE:<a class="ticker" href="/stock/FCAU#NYSE">FCAU</a>) is expected to report quarterly loss at $1.35 per share on revenue of $17.34 billion.
&bull; Exxon Mobil Inc. (NYSE:<a class="ticker" href="/stock/XOM#NYSE">XOM</a>) is expected to report quarterly loss at $0.62 per share on revenue of $38.16 billion.
&bull; Colgate-Palmolive Inc. (NYSE:<a class="ticker" href="/stock/CL#NYSE">CL</a>) is expected to report quarterly earnings at $0.69 per share on revenue of $3.78 billion.
&bull; Arbor Realty Trust Inc. (NYSE:<a class="ticker" href="/stock/ABR#NYSE">ABR</a>) is expected to report quarterly earnings at $0.27 per share on revenue of $34.50 million.
&bull; Associated Capital Group Inc. (NYSE:<a class="ticker" href="/stock/AC#NYSE">AC</a>) is expected to report earnings for its second quarter.
&bull; AdvanSix Inc. (NYSE:<a class="ticker" href="/stock/ASIX#NYSE">ASIX</a>) is estimated to report quarterly earnings at $0.31 per share on revenue of $281.30 million.
&bull; Astronics Inc. (NASDAQ:<a class="ticker" href="/stock/ATRO#NASDAQ">ATRO</a>) is expected to report quarterly loss at $0.31 per share on revenue of $110.03 million.
&bull; Balchem Inc. (NASDAQ:<a class="ticker" href="/stock/BCPC#NASDAQ">BCPC</a>) is expected to report quarterly earnings at $0.56 per share on revenue of $161.35 million.
&bull; Bel Fuse Inc. (NASDAQ:<a class="ticker" href="/stock/BELFB#NASDAQ">BELFB</a>) is expected to report quarterly loss at $0.30 per share on revenue of $108.25 million.
&bull; Phillips 66 Inc. (NYSE:<a class="ticker" href="/stock/PSX#NYSE">PSX</a>) is expected to report quarterly loss at $0.92 per share on revenue of $15.37 billion.
&bull; Berry Global Group Inc. (NYSE:<a class="ticker" href="/stock/BERY#NYSE">BERY</a>) is expected to report quarterly earnings at $1.15 per share on revenue of $2.98 billion.
&bull; Cboe Global Markets, Inc. Common Stock Inc. (BATS:<a class="ticker" href="/stock/CBOE#BATS">CBOE</a>) is expected to report quarterly earnings at $1.23 per share on revenue of $296.92 million. 
&bull; Capital Product Partners Inc. (NASDAQ:<a class="ticker" href="/stock/CPLP#NASDAQ">CPLP</a>) is estimated to report quarterly earnings at $0.50 per share on revenue of $35.69 million.
&bull; CTS Inc. (NYSE:<a class="ticker" href="/stock/CTS#NYSE">CTS</a>) is expected to report quarterly earnings at $0.07 per share on revenue of $89.02 million. 
&bull; Dominion Energy Inc. (NYSE:<a class="ticker" href="/stock/D#NYSE">D</a>) is estimated to report quarterly earnings at $0.76 per share on revenue of $3.47 billion.
&bull; DSV Panalpina Inc. (OTC:<a class="ticker" href="/stock/DSDVY#OTC">DSDVY</a>) is expected to report earnings for it&#39;s second quarter.
&bull; Erste Group Bank Inc. (OTC:<a class="ticker" href="/stock/EBKDY#OTC">EBKDY</a>) is expected to report earnings for it&#39;s second quarter.
&bull; Embraer Inc. (NYSE:<a class="ticker" href="/stock/ERJ#NYSE">ERJ</a>) is estimated to report quarterly loss at $0.44 per share on revenue of $613.05 million. 
&bull; GlycoMimetics Inc. (NASDAQ:<a class="ticker" href="/stock/GLYC#NASDAQ">GLYC</a>) is expected to report earnings for its second quarter.
&bull; Gol Intelligent Airlines Inc. (NYSE:<a class="ticker" href="/stock/GOL#NYSE">GOL</a>) is estimated to report quarterly loss at $0.89 per share on revenue of $132.97 million. 
&bull; Hill-Rom Holdings Inc. (NYSE:<a class="ticker" href="/stock/HRC#NYSE">HRC</a>) is estimated to report quarterly earnings at $1.46 per share on revenue of $749.39 million.
&bull; Intl Cons Airlines Group Inc. (OTC:<a class="ticker" href="/stock/ICAGY#OTC">ICAGY</a>) is estimated to report earnings for it&#39;s second quarter.
&bull; Imperial Oil Limited Common Stock Inc. (AMEX:<a class="ticker" href="/stock/IMO#AMEX">IMO</a>) is expected to report quarterly earnings at $0.40 per share on revenue of $9.24 billion.
&bull; Itau Corpbanca Inc. (NYSE:<a class="ticker" href="/stock/ITCB#NYSE">ITCB</a>) is estimated to report earnings for it&#39;s second quarter. 
&bull; KVH Industries Inc. (NASDAQ:<a class="ticker" href="/stock/KVHI#NASDAQ">KVHI</a>) is estimated to report quarterly loss at $0.37 per share on revenue of $32.05 million.
&bull; Lazard Inc. (NYSE:<a class="ticker" href="/stock/LAZ#NYSE">LAZ</a>) is expected to report quarterly earnings at $0.41 per share on revenue of $502.54 million.
&bull; L3Harris Technologies Inc. (NYSE:<a class="ticker" href="/stock/LHX#NYSE">LHX</a>) is expected to report quarterly earnings at $2.62 per share on revenue of $4.47 billion.
&bull; LyondellBasell Industries Inc. (NYSE:<a class="ticker" href="/stock/LYB#NYSE">LYB</a>) is estimated to report quarterly earnings at $0.65 per share on revenue of $5.66 billion.
&bull; Merck &amp; Co Inc. (NYSE:<a class="ticker" href="/stock/MRK#NYSE">MRK</a>) is estimated to report quarterly earnings at $1.04 per share on revenue of $10.39 billion.
&bull; Nokia Inc. (NYSE:<a class="ticker" href="/stock/NOK#NYSE">NOK</a>) is estimated to report quarterly earnings at $0.03 per share on revenue of $5.70 billion.
&bull; nVent Electric Inc. (NYSE:<a class="ticker" href="/stock/NVT#NYSE">NVT</a>) is estimated to report quarterly earnings at $0.24 per share on revenue of $436.16 million.
&bull; Newell Brands Inc. (NASDAQ:<a class="ticker" href="/stock/NWL#NASDAQ">NWL</a>) is estimated to report quarterly earnings at $0.18 per share on revenue of $2.03 billion.
&bull; OFS Capital Inc. (NASDAQ:<a class="ticker" href="/stock/OFS#NASDAQ">OFS</a>) is expected to report quarterly earnings at $0.20 per share on revenue of $11.67 million.
&bull; O2Micro Intl Inc. (NASDAQ:<a class="ticker" href="/stock/OIIM#NASDAQ">OIIM</a>) is expected to report quarterly loss at $0.06 per share on revenue of $17.00 million.
&bull; Oxford Lane Capital Inc. (NASDAQ:<a class="ticker" href="/stock/OXLC#NASDAQ">OXLC</a>) is expected to report earnings for it&#39;s first quarter.
&bull; PBF Energy Inc. (NYSE:<a class="ticker" href="/stock/PBF#NYSE">PBF</a>) is expected to report quarterly loss at $2.98 per share on revenue of $3.28 billion.
&bull; PBF Logistics Inc. (NYSE:<a class="ticker" href="/stock/PBFX#NYSE">PBFX</a>) is estimated to report quarterly earnings at $0.48 per share on revenue of $89.45 million.
&bull; Public Service Enterprise Inc. (NYSE:<a class="ticker" href="/stock/PEG#NYSE">PEG</a>) is estimated to report quarterly earnings at $0.60 per share on revenue of $2.30 billion.
&bull; Pinterest Inc. (NYSE:<a class="ticker" href="/stock/PINS#NYSE">PINS</a>) is estimated to report quarterly loss at $0.13 per share on revenue of $251.24 million.
&bull; Piper Sandler Inc. (NYSE:<a class="ticker" href="/stock/PIPR#NYSE">PIPR</a>) is estimated to report quarterly earnings at $1.18 per share on revenue of $237.04 million.
&bull; PNM Resources Inc. (NYSE:<a class="ticker" href="/stock/PNM#NYSE">PNM</a>) is estimated to report quarterly earnings at $0.49 per share on revenue of $345.12 million.
&bull; Portland General Electric Inc. (NYSE:<a class="ticker" href="/stock/POR#NYSE">POR</a>) is estimated to report quarterly earnings at $0.33 per share on revenue of $455.84 million. 
&bull; Phillips 66 Partners Inc. (NYSE:<a class="ticker" href="/stock/PSXP#NYSE">PSXP</a>) is expected to report quarterly earnings at $0.74 per share on revenue of $365.82 million.
&bull; NatWest Group PLC ADR Inc. (NYSE:<a class="ticker" href="/stock/RBS#NYSE">RBS</a>) is expected to report earnings for it&#39;s second quarter.
&bull; Stellus Capital Inv Inc. (NYSE:<a class="ticker" href="/stock/SCM#NYSE">SCM</a>) is estimated to report quarterly earnings at $0.24 per share on revenue of $14.53 million.
&bull; Shell Midstream Partners Inc. (NYSE:<a class="ticker" href="/stock/SHLX#NYSE">SHLX</a>) is estimated to report quarterly earnings at $0.33 per share on revenue of $136.97 million.
&bull; US Silica Holdings Inc. (NYSE:<a class="ticker" href="/stock/SLCA#NYSE">SLCA</a>) is estimated to report quarterly loss at $0.51 per share on revenue of $143.57 million.
&bull; Snap-on Inc. (NYSE:<a class="ticker" href="/stock/SNA#NYSE">SNA</a>) is estimated to report quarterly earnings at $1.83 per share on revenue of $704.97 million.
&bull; Spirit Realty Cap Inc. (NYSE:<a class="ticker" href="/stock/SRC#NYSE">SRC</a>) is expected to report quarterly earnings at $0.22 per share on revenue of $113.88 million.
&bull; TransAlta Inc. (NYSE:<a class="ticker" href="/stock/TAC#NYSE">TAC</a>) is expected to report earnings for it&#39;s second quarter.
&bull; West Japan Railway Inc. (OTC:<a class="ticker" href="/stock/WJRYY#OTC">WJRYY</a>) is expected to report earnings for it&#39;s first quarter.
&bull; W.P. Carey Inc. (NYSE:<a class="ticker" href="/stock/WPC#NYSE">WPC</a>) is expected to report quarterly earnings at $0.45 per share on revenue of $288.53 million.
&bull; AbbVie Inc. (NYSE:<a class="ticker" href="/stock/ABBV#NYSE">ABBV</a>) is expected to report quarterly earnings at $2.19 per share on revenue of $10.08 billion.
&bull; Bel Fuse Inc. (NASDAQ:<a class="ticker" href="/stock/BELFA#NASDAQ">BELFA</a>) is expected to report quarterly loss at $0.23 per share on revenue of $110.00 million. 
&bull; Daiwa Securities Group Inc. (OTC:<a class="ticker" href="/stock/DSEEY#OTC">DSEEY</a>) is expected to report earnings for it&#39;s first quarter.
&bull; IDEXX Laboratories Inc. (NASDAQ:<a class="ticker" href="/stock/IDXX#NASDAQ">IDXX</a>) is estimated to report quarterly earnings at $1.16 per share on revenue of $589.98 million.
&bull; Mazda Motor Inc. (OTC:<a class="ticker" href="/stock/MZDAY#OTC">MZDAY</a>) is estimated to report earnings for its first quarter.
&bull; Ruth&#39;s Hospitality Group Inc. (NASDAQ:<a class="ticker" href="/stock/RUTH#NASDAQ">RUTH</a>) is estimated to report quarterly loss at $0.53 per share on revenue of $28.51 million.
&bull; Spectrum Brands Holdings Inc. (NYSE:<a class="ticker" href="/stock/SPB#NYSE">SPB</a>) is estimated to report quarterly earnings at $0.93 per share on revenue of $928.26 million.
&bull; WisdomTree Inv Inc. (NASDAQ:<a class="ticker" href="/stock/WETF#NASDAQ">WETF</a>) is expected to report quarterly earnings at $0.04 per share on revenue of $58.96 million.
&bull; Under Armour Inc. (NYSE:<a class="ticker" href="/stock/UA#NYSE">UA</a>) is estimated to report quarterly loss at $0.41 per share on revenue of $558.52 million.
&bull; VF Inc. (NYSE:<a class="ticker" href="/stock/VFC#NYSE">VFC</a>) is estimated to report quarterly loss at $0.67 per share on revenue of $981.63 million.
&bull; ITT Inc. (NYSE:<a class="ticker" href="/stock/ITT#NYSE">ITT</a>) is expected to report quarterly earnings at $0.38 per share on revenue of $516.61 million.
&bull; Aon Inc. (NYSE:<a class="ticker" href="/stock/AON#NYSE">AON</a>) is estimated to report quarterly earnings at $1.93 per share on revenue of $2.55 billion.
&bull; CBRE Group Inc. (NYSE:<a class="ticker" href="/stock/CBRE#NYSE">CBRE</a>) is estimated to report quarterly earnings at $0.42 per share on revenue of $5.04 billion.
&bull; Immunogen Inc. (NASDAQ:<a class="ticker" href="/stock/IMGN#NASDAQ">IMGN</a>) is estimated to report quarterly loss at $0.17 per share on revenue of $14.59 million. 
&bull; ASE Technology Holding Co Inc. (NYSE:<a class="ticker" href="/stock/ASX#NYSE">ASX</a>) is estimated to report quarterly earnings at $0.08 per share on revenue of $3.47 billion.
&bull; Takeda Pharmaceutical Inc. (NYSE:<a class="ticker" href="/stock/TAK#NYSE">TAK</a>) is estimated to report earnings for its first quarter. 
&nbsp;
<h3>Companies Reporting After The Bell</h3>
&bull; Mizuho Financial Group Inc. (NYSE:<a class="ticker" href="/stock/MFG#NYSE">MFG</a>) is expected to report earnings for its first quarter.
&bull; Unity Biotechnology Inc. (NASDAQ:<a class="ticker" href="/stock/UBX#NASDAQ">UBX</a>) is estimated to report earnings for its second quarter.

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