This Week’s 5 Smartest Stock Moves: Sirius XM Radio Inc (SIRI), Baidu.com, Inc. (BIDU) and More

Page 1 of 2

If you’re feeling good about the market, you’re not alone. Take my hand as we go over some of this week’s more uplifting headlines.

1. Sirius opportunity
Sirius XM Radio Inc (NASDAQ:SIRI) knows that there are plenty of radio buffs that it could be reaching, and it wants to give them a taste.

The satellite radio giant is activating all of its dormant receivers for two weeks. The preview of the company’s 60 commercial-free music stations as well as its news, talk, sports, and entertainment channels began on Wednesday.

Sirius XM Radio Inc (NASDAQ:SIRI)

It’s a smart move.

A little more than half of drivers who take advantage of the free trials offered after buying new and now used cars don’t stick around as paying customers, and this is a way to reach out to them. There are tens of millions of cars out there with inactive receivers. It doesn’t cost Sirius XM anything to make the service temporarily available, and the end result is incremental.

Sirius XM has had these previews before, though two weeks is a bit longer than usual. The media giant is also going out of its way to encourage subscribers to tell their family and friends about the trial to raise awareness.

2. Baidu.com, Inc. (NASDAQ:BIDU) plays hardball
Baidu is beefing up its attack on pesky rival Qihoo 360 Technology Co Ltd (NYSE:QIHU).

Qihoo 360 is telling investors this week that Baidu is using a plug-in that warns users of Qihoo 360′s Internet browser that’s incompatible with China’s leading search engine.

It’s not the first time that a Chinese juggernaut and Qihoo 360 have battled this way, but it was Qihoo 360 on the offensive that time. Qihoo 360 tried to trip up Tencent when it rolled out QQ Doctor three years ago — gaining 40% of the security software market overnight — by having its own 360 Safeguard software flag it as malicious.

Is Baidu giving Qihoo 360 a taste of its own medicine? If so, Baidu’s picking a good time to go after a company whose new search engine has been giving it fits. Qihoo 360′s CFO is claiming that its apps were “abruptly removed” from the iconic App Store last week. Qihoo 360 has also been recently called in to the Beijing Industrial and Commercial Administration Bureau to discuss potential anti-competitive practices.

3. Deny my friend request, but not by swipe
Facebook Inc (NASDAQ:FB) is introducing gift cards that can be used through its Facebook Gifts platform.

This isn’t the same as the social gaming credits that have been available for purchase for some time. The new plastic will be specifically tied to the Facebook Gifts platform that the leading social networking website introduced just before last year’s holiday shopping season.

The draw here is that it will generate offline buzz for the online platform and its merchants.

Facebook has more than a billion active users, so opting for a Facebook Gifts card may make as much sense as iTunes gift cards when someone is unsure of what to get somebody on a special occasion.

Page 1 of 2
blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

Picture Perfect: The 6 Smartphones with the Best Cameras

The 10 Best Countries To Work In the World

A Profitable Day At The Track: 5 Tips For Betting On Horses

Tearing You Apart: 6 Bad Habits That Ruin Relationships

Learning on the Job: The 6 Biggest Mistakes Parents Make

Shopaholics Rejoice: The 12 Biggest Malls in the World

Fright Night: 10 Horror Movies Based on True Stories

Mach Mania: The 10 Fastest Jets in the World

Military Heavyweights: The 10 Countries with the Most Tanks

All In: The 7 Richest Poker Players in the World

Abracadabra: The 10 Best Magicians in the World

The 10 Richest Asian Countries in the World in 2014

Eyes in the Sky: 10 Things You Need to Know About Drones

Rising Stars: The 6 Best Silicon Valley Startups

Military Muscle: The 5 Most Advanced Armies in South America

All that Glitters: The 7 Most Luxurious Jewelry Brands in the World

5 Things You Didn’t Know About ISIS but Should

Empowering Your Money: The 5 Best Energy Stocks to Invest In

The 11 Best Android Apps You Can’t Get on iOS

The 10 Most Important International Conflicts in 2014

Mood Enhancers: The 20 Most Uplifting Songs of all Time

Lover Beware: The 8 Countries that Cheat the Most

Breath of Fresh Air: The 25 Countries with the Best Air Quality on the Planet

Singles Beware: The 8 Worst Mistakes Made on First Dates

Healthy and Happy: The 10 Countries with Lowest Healthcare Costs

The 6 Best Company Team Building Activities to Build Workplace Camaraderie

Ships Ahoy: The 10 Busiest Shipping Ports in the World

10 Productivity Tips to Save You Time and Help You Do More With Less

Grab a Bite: The Most Popular Fast Food Restaurants in America

Friday Night Thirst: The 10 Most Popular Cocktails in the World

The 6 Greatest Unsolved Mysteries We May Never Figure Out

7 Useless Products You Never Should’ve Bought

The 5 Reasons Why You’re Single and Miserable

The 7 Most Addictive Foods in the World We Can’t Stop Eating (Even Though We Should)

5 Amazing Places You Can Swim with Dolphins

The Top 7 Most Livable Countries In The World

The 10 Most Expensive Baseball Cards Ever Pulled From A Pack

The 5 Easiest Second Languages to Learn for English Speakers

Silver Spoon: The 6 Richest Families in the World

The 20 Countries with the Largest Prison Populations in the World

The Top 10 Richest Actors in the World

The 10 Best Airline Stocks to Invest In Before They Fly Too High

Burger Kings: The 10 Most Expensive Burgers in the World

The 10 Most Ethnically Diverse Countries in the World

The 10 Most Exclusive Credit Cards in the World

The 10 Most Expensive Cruise Ships in the World

The 10 Fastest Supercomputers in the World

The 10 Best Countries for Doing Business 2015

6 Most Expensive Fruits In The World

10 Worst Airlines in the World

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!