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Snapchat is about to raise $100 million from unnamed investors, probably hedge funds. Maybe they are following Peter Lynch theory investing: invest in what you know. Well, if you were wondering… Read more »

Zipcar lost about a third of its market value last week as it reported slowing membership growth, a failed broadcast radio campaign and problems with its U.K. expansion. It also lowered… Read more »

Wedbush Securities analyst Michael Pachter certainly stepped in it yesterday in comments to Bloomberg criticizing Facebook CEO Mark Zuckerberg for showing up for his IPO roadshow appearance in his trademark black… Read more »

Apple investors rejoice: The company’s stock closed at an all-time high Tuesday. Shares of the iPhone and iPad maker hit $400 a few times Monday but closed at $398.50. Tuesday shares… Read more »

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