Paypal is apparently about to buy pinterest for forty five billion dollars. Emily, you also own shares of both companies. How are you feeling about this potential deal?Emily: Maybe the emotion you should be feeling, as i was, is disappointed. I love pay pal as a business, but it's got into the point where it is so large it is acquiring for growth and that's worked out well for them in the past. But what makes me kind of disappointed is, as a pinterist shareholder, my bullish argument for pinte has always been around moditization potential,. And just because user growth has tailored off this year, i think the stock has sold off really aggressively
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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