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Snap Shares Surge on Strong Earnings Result

Snap Shares Surge on Strong Earnings Result

Snap Inc. (NYSE: SNAP) soared more than 35 percent on Wednesday morning after the company reported quarterly revenue and earnings that beat analysts’ estimates.The instant message company said fourth-quarter revenue rose 72 percent to $285.7 m..

Chipotle Shares Fall After Earnings

Chipotle Shares Fall After Earnings

Chipotle Mexican Grill, Inc. (NYSE: CMG) shares fell more than 10% Wednesday after the restaurant chain reported financial results for its fourth quarter and year ended December 31, 2017. Revenue for the quarter was $1.1 billion, an increase of 7.3%..

SoftBank is Planning an IPO of $18 Billion for its Unit of Mobile Phones

SoftBank is Planning an IPO of $18 Billion for its Unit of Mobile Phones

The SoftBank Group is planning to register its business of mobile phones by raising approximately $18 billion, a spin-off which would complete the transformation of the telecoms conglomerate in Japan and make it an international technology investor...

Forever 21 data breach left customer credit card information exposed for months

Forever 21 data breach left customer credit card information exposed for months

Forever 21 has confirmed in a press release that various POS terminals were exposed to hackers for months, leaving customer payment card information unprotected from April 3, to November 18, 2017. Hackers were able to acquire card numbers, expiratio..

Chipotle CEO to step down to Refocus Company

Chipotle CEO to step down to Refocus Company

Chipotle Mexican Grill (NYSE: CMG) announced on Wednesday that co-founder and CEO, Steve Ells will step down from his CEO positions. Ells will remain as executive chairman, but now the fast food Mexican chain restaurant will begin searching for..

Facebook Launches “Order Food” Feature

Facebook Launches “Order Food” Feature

On Friday, Facebook, Inc. (NASDAQ: FB) announced a new feature that would allow users to order food from local restaurants right through the app. The company has been partnering with a couple of businesses such as Delivery.com, EatStreet, Slice, Doo..

Roku Opens Strong at IPO Launch; Shares Jump Over 30%

Roku Opens Strong at IPO Launch; Shares Jump Over 30%

Roku Inc. (NASDAQ: ROKU) opened strong as the company launches its IPO on Thursday. The company and its 8 million opened at $15.90 a share. Shortly after opening, shares surged nearly 30 percent and was trading over $18 shortly after the launch. Rok..