Reuters

Nvidia shares fall on data center revenue but chips ride cryptocurrency boom
Reuters
(Reuters) – Nvidia Corp's quarterly revenue in its widely watched data center and automotive businesses missed estimates, dragging down the chipmaker's shares that have nearly tripled in value over the past 12 months. Nvidia shares were down 6.6
Nvidia stock could pause as server growth slows downMarketWatch
Nvidia Beats And SinksSeeking Alpha
Wall Street Fears Nvidia Is Too Dependent on BitcoinFortune
TheStreet.com –Madison.com –Yahoo Finance –StreetInsider.com
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Bloomberg

Snap, Blue Apron Fall Flat as the Incumbents Smash the Upstarts
Bloomberg
Snap Inc. and Blue Apron Holdings Inc. are learning it's hard to make the case to public markets that you're the scrappy, young disrupter of large incumbents when your own user growth is slowing. The two companies reported disappointing earnings …
It's over for tech start-ups — just look at today's earnings reportsCNBC
Snap, Blue Apron fuel worries about overheated IPOsReuters
Blue Apron is singing the bluesThe Mercury News
Business Insider –TheStreet.com –Barron’s –Madison.com
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Fortune

Applebee's Will Close at Least 105 Restaurants This Year
Fortune
DineEquity had previously expected to close 40 to 60 restaurants this year, making the new forecast a significant jump. The closures will be based on several criteria, including franchisee profitability, operational results and meeting the brand's
Up to 160 Applebee's and IHOP restaurants could close in the next yearSacramento Bee
More than 120 Applebee's and IHOP restaurants to closeCharlotte Observer
Applebee's, IHOP plan to close up to 160 restaurantsKXAN.com
MassLive.com –AL.com –Los Angeles Business Journal –WPXI Pittsburgh
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Business Insider

Snap misses across the board for Q2 earnings, stock gets whacked
Business Insider
Snapchat maker Snap Inc. missed Wall Street's expectations for its second quarter as a public company, sending its stock diving more than 16% in after-hours trading to an all-time low. The number of daily Snap users only increased by 7 million from the
Is Snap having its Facebook stock moment? Or are things really as bad as they seem?Recode
Snap Stumbles Through Another Disappointing QuarterNew York Times
Snap co-founders will not sell shares as stock slumps on earnings missReuters
CNNMoney –AdAge.com –Fortune –BBC News
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New York Times

Questions Emerge Over What Wisconsin Must Give for Foxconn Plant
New York Times
In Wisconsin, the Assembly Committee on Jobs and Economy met last week at the State Capitol in Madison to discuss the deal for Taiwan-based Foxconn. Credit Mark Hoffman/Milwaukee Journal-Sentinel, via Associated Press. PARIS, Wis. — When Gov.
Editorial: R&D center great catch for stateThe Detroit News
Sen. Dave Hansen: Foxconn deal is part of a larger issue looming for state: automationMadison.com
EDITORIAL: Thank you, Wisconsin, for the beautiful giftChicago Sun-Times
Wisconsin Gazette –Channel3000.com – WISC-TV3 –Wausau Daily Herald –The Verge
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TechCrunch

Amazon could start selling event tickets in the US
TechCrunch
Amazon might get into event ticket sales, according to a new report from Reuters. The commerce giant has eyed the space, which is largely dominated by Live Nation's Ticketmaster in the U.S., and found it a space for plenty of potential opportunity
Amazon looks to challenge Ticketmaster, reportedly in talks with US venue ownersGeekWire
Amazon in talks to offer event ticketing in US: sourcesReuters

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New York Times

Uber Investor Sues Travis Kalanick for Fraud
New York Times
A lawsuit filed against Travis Kalanick, Uber's former chief executive, claimed that he failed to disclose a pattern of misbehavior and impropriety inside the company while he was its leader. Credit Wang K'aichicn/Visual China Group,via Getty Images.
Benchmark is suing Travis Kalanick (and Uber) over board control, claiming a 'selfish' power grabRecode
Early Uber investor sues co-founder Travis Kalanick, accusing him of fraudLos Angeles Times
Benchmark sues former Uber CEO Travis KalanickTechCrunch
Gizmodo –VentureBeat –Business Insider –Forbes
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Fortune

How Macy's Plans to Fix Its Beauty Products Business
Fortune
Despite a shallower drop in second-quarter comparable sales, Macy's (m) took a massive beating on Thursday on signs that the department store is still far from figuring its way out of the retail abyss it finds itself in. Shares were down 9% in mid
The big takeaway from our first batch of department store earnings? Turnarounds take timeCNBC
Macy's, Kohl's earnings are less terrible than fearedWashington Post
Department Stores _ Except Nordstrom _ See Sales Metric DropU.S. News & World Report
New York Times –Bloomberg –Motley Fool –TheStreet.com
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XNewsPress

Could a $20 Billion Cash Deficit Crush Netflix?
Motley Fool
The company has built a global subscriber base of 99 million paid members, adding about 5 million in its most-recent quarter alone. It has also grown revenue by over 30% each of the past four quarters, and the streaming leader expects those gains to …
Why We Revised Our Price Estimate For Netflix To $170Forbes
Netflix, Inc. (NFLX) Position Increased by CENTRAL TRUST CoStock Observer
Data Sheet—Wednesday, August 9, 2017Fortune
AppsforPCdaily –Investopedia –Marketing Interactive –Four States Homepage
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CBC.ca

Valeant's Ongoing Challenges
Seeking Alpha
Tuesday, Valeant lowered sales expectations for this year, projected a mildly lower tax rate and projected inadequate normalized cash flow. Monday, the company reported that an important glaucoma NDA did not receive its expected FDA approval, harming …
Valeant Isn't Out of Trouble Yet, Debt Remains Difficult to CurbTheStreet.com
Valeant's Guidance Gymnastics Point to a CutBloomberg
Valeant Pharmaceuticals: Bears Will Be BearsBarron’s
MarketWatch –CNBC –StreetInsider.com –Fox Business
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