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Has Netflix Stock Finally Peaked?

Amid escalating trade war tensions between the United States and China, red-hot streaming giant Netflix, Inc. (NASDAQ:NFLX) stock suffered its worst drop in two years on Monday, June 25. Netflix stock closed down 6% and, at one point, was down 10%. Netflix has essentially zero exposure to the rising trade war tensions. …read more […]

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Google Exec Says Microsoft Beat Search Giant to Buy GitHub

Microsoft Corp. agreed to pay $7.5 billion for GitHub earlier in June, but it wasn’t the only interested party. Google was in the running too, according to Diane Greene, head of the company’s cloud arm. “I wouldn’t have minded buying them, but it’s OK,” Greene said at a Fortune Magazine event in San Francisco on Wednesday. …read more […]

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Time to Buy Microsoft Corporation Amid Tech Stock Rout?

Tech stocks have been under fire over the past few days and Monday was a great highlight of that fact. The PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ:QQQ) fell 2%, despite a late-session rally while bulls are growing tired of buying the dip amid continued trade-war rhetoric. Investors with a watchlist have likely noticed Microsoft Corporation (NASDAQ:MSFT), as MSFT stock has weathered the storm pretty well, but is now below $100. …read more […]

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Chipotle to close up to 65 stores, revamp menu under new CEO

Chipotle’s share price has risen more than 80 percent since Niccol’s hiring was announced in February as the company focused on how the chain could raise online sales. Chipotle will add “in-app” delivery of its products to about 2,000 restaurants by the end of the year and launch a long-awaited loyalty program in 2019. Executives did not say whether fast-casual dining menu items such as quesadillas and nachos would be added to the menu, and they brushed aside a question about international plans, saying they would focus on “aggressive growth” in the United States. …read more […]

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Rite Aid Stock Rises as Company Posts Q1 Revenue Beat

Rite Aid (NYSE:RAD) had a great Wednesday marked by solid gains as the pharmacy chain posted its latest quarterly earnings results, posting revenue that beat analysts’ expectations. The company said that it raked in a profit of about 20 cents per share for the period, or a loss of about a penny per share on an adjusted basis. Rite Aid’s adjusted loss was in line with the Wall Street consensus estimate of a penny per share. …read more […]

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Google warns employees: Be nicer to each other, or face disciplinary action (GOOG)

Google is officially warning its employees that its internal bulletin boards are not a free-for-all for nasty, negative, damaging posts. Over the past year, Google has been embroiled in a boatload of scandals centered on the way its employees treat each other. The company has now taken its first steps to put the kibosh on one underlying cause of these scandals: the company’s internal, employee community message boards. …read more […]

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People are discovering that scammers are controlling their Apple accounts using a feature for families to share apps (AAPL)

The feature is designed to help families share apps and music, but the scammers are using it lock out the actual owner of the account and buy in-app purchases and iTunes gift cards. There are a handful of posts on Apple’s support forums and Reddit that detail similar stories of accounts that couldn’t buy apps or in-app purchases due to issues involving the feature. …read more […]