Gogle is lowering service fees in its gogle play ap store from 30% to 15%. The ripple effect of this news send shares of bumble, duel, lingo, match group and others up as much as 10%. Is the move necessary? Yes. But again, this is not going to decrease the concern that legislators have over the power of big tech. We've got some reading recommendations for investors. And we've got a couple of stocks on our radar.
Google lowers service fees in its app store. Snap plummets on 3rd-quarter results and a warning. Tesla reports record profits. Netflix hits a new all-time high. Chipotle serves up strong sales. And Buffalo Wild Wings tests a robot cook. Emily Flippen and Maria Gallagher analyze those stories and weigh in on the latest from Boston Beer, Crocs, Facebook, JD.com, PayPal, Pinterest, Tencent, and Zillow Group. Plus, they offer up some reading recommendations for investors and share two stocks on their radar: Doximity and Rent the Runway.
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