Alphabet beats Wall Street estimates; revenue up 21 percent July 24, 2017
(Reuters) - Alphabet Inc surpassed expectations for quarterly revenue and earnings on Monday, reporting higher advertising sales across its platforms and trying to move past a record $2.7 billion European Union fine by taking the entire charge at once.
Nasdaq, tech shine as earnings pick up; Dow, S&P lag July 24, 2017
NEW YORK (Reuters) - The Nasdaq hit a record high on Monday ahead of a big week of technology earnings reports, while the S&P 500 and the Dow industrials lagged behind as losses in healthcare heavyweight Johnson & Johnson took a toll.
Organic ranchers eye Amazon distribution ahead of Whole Foods deal July 24, 2017
(Reuters) - Amazon.com Inc plans to meet on Wednesday with a dozen U.S. ranchers, seeking to expand distribution of organic and grass-fed meats as it takes over Whole Foods Market Inc , according to the meeting's organizer.
U.S. home sales stumble as prices hit record high July 24, 2017
WASHINGTON (Reuters) - U.S. home resales fell more than expected in June as a dearth of properties amid strong demand pushed prices to a record high, keeping first-time buyers on the sidelines.
Exclusive: Goldman Sachs retreats from ETF lead market making July 24, 2017
NEW YORK (Reuters) - Goldman Sachs Group Inc is pulling back substantially from trading that helps backstop the fast-growing use of U.S. exchange-traded funds, giving smaller firms an opportunity to grab market share.
Blue Apron shares surge on Wall Street's upbeat outlook July 24, 2017
NEW YORK (Reuters) - Shares of Blue Apron Holdings Inc jumped as much as 20 percent on Monday, reversing some of their heavy losses from the past few weeks, after several brokerages initiated coverage of the meal-kit service with a bullish outlook.
Analysts cut Chipotle stock target, question menu price hikes July 24, 2017
LOS ANGELES (Reuters) - Shares of Chipotle Mexican Grill Inc lost more ground on Monday, after analysts cut stock price targets and raised doubts about whether the burrito chain can raise menu prices to offset higher costs.
EU increases pressure on Facebook, Google and Twitter over user terms July 24, 2017
BRUSSELS (Reuters) - European Union authorities have increased pressure on Facebook, Google and Twitter to amend their user terms to bring them in line with EU law after proposals submitted by the tech giants were considered insufficient.
Campaign group Avaaz calls on EU to block Bayer's Monsanto deal July 24, 2017
BRUSSELS (Reuters) - Online campaigns group Avaaz has called on European Union antitrust regulators to block Bayer's purchase of Monsanto, saying it would hurt innovation and competition and push up prices.
Exclusive: Spotify, Warner hope to clinch royalty deal by September - sources July 24, 2017
LONDON (Reuters) - Music streaming company Spotify is close to agreeing a new licensing pact with Warner Music Inc, the last big music royalty deal it needs before pushing ahead with a U.S. stock market listing, four sources familiar with the situation said.

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