Teens are abandoning Facebook at a staggering rate, but they’re still flocking to sister app Instagram, according to a new survey by Piper Jaffray. Just over a third of teenagers report using the core Facebook platform at least once a month. That’s down significantly from 52 percent of teens two …

It’s the moment of truth for tech this week. Around one-third of the tech-heavy Nasdaq 100 reports in the coming days with industry leaders Amazon, Microsoft, Google parent Alphabet, and Intel among those set to open up their books. One area of tech looks like a bet on long-term growth …

OZAN KOSE | AFP | Getty Images A girl holds a picture of missing journalist Jamal Khashoggi during a demonstration in front of the Saudi Arabian consulate on October 8, 2018 in Istanbul.  An alleged Saudi plot to cover up the killing of dissident journalist Jamal Khashoggi went awry after …

Andy Jassy, CEO Amazon Web Services, speaks at the WSJD Live conference in Laguna Beach, California, U.S., October 25, 2016. Andy Jassy, the CEO of Amazon Web Services, followed Apple’s lead in calling the for the retraction of Bloomberg’s story about spy chips being embedded in servers. “They offered no …

Instagram solidified its lead, with nearly 70 percent of teens saying they prefer brands contacting them about new products through Instagram. Snapchat moved to second place for preferred brand engagement ahead of email, both just over 40 percent. This was the 36th bi-annual survey by Piper Jaffary, which polled about …

The “Options Action” traders share three options trading strategies to kick off the week. Dan Nathan recommends a put spread in the Nasdaq 100 ETF Mike Khouw and Carter Worth like McDonald’s Mike Khouw recommends a put spread in Twitter Trader disclosure: Dan Nathan is long XLF Dec put spread. …

Sylvain Lefevre | Getty Images Netflix Co-founder, Chairman & CEO Reed Hastings attends Q&A during Transatlantic Forum as part of Series Mania Lille Hauts de France festival on May 3, 2018 in Lille, France. Netflix is fueling its ballooning cash burn with $2 billion in new debt. The company announced …

Michael Springer | Bloomberg | Getty Images A statue of Mr. Potato Head greets visitors to the corporate headquarters of toymaker Hasbro Inc. in Pawtucket, Rhode Island. It’s been more than a year since Toys R Us filed for bankruptcy and toy maker Hasbro is still struggling with the fallout. …

New management at Chipotle Mexican Grill will grow sales at the burrito chain through an improved menu, digital and delivery offerings and other marketing successes, according to RBC Capital Markets, which upgraded shares to outperform. But investors may need to wait until next year before they see the actual results …

Donna Ward | FilmMagic | Getty Images Richard Parsons attends the Apollo Theater 11th Annual Spring Gala at The Apollo Theater  in New York City. CBS interim chairman Richard Parsons has resigned from the board for reasons of ill health about a month after joining, the company said in a …