No. Apple and Amazon Aren’t Going to Lead a Mega-Merger Boom in 2018
The combined jackpots of the Powerball and Mega Millions lotteries was recently near $1 billion, and it’s always fun to imagine what you would do with the money if you won. Yet with odds of winning either one at more than 1 in 250 million, the chances of hitting the numbers are not in your favor. But everyday folks dreaming of lottery-fueled filthy wealth aren’t the only ones engaging in wishful thinking. Wall Street analysts are engaging in the same sort of fanciful thinking when they speculate that @Apple (NASDAQ: #AAPL) is about to buy @Netflix (NASDAQ: #NFLX), or that @Amazon.com (NASDAQ: #AMZN) will buy @Target (NYSE:TGT). You probably have a better chance of winning the lottery than either of these deals ever happening.