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Blackbaud Inc. News

Luckin Coffee Office Raided as China Regulators Probe Fraud at Starbucks Rival

Luckin said earlier this month that more than $300 million in sales may have been fabricated last year, triggering a plunge in shares and investigations in the U.S. and China.

Luckin Coffee Shares Plunge After China Launches Probe in Fake Sales Scandal

Luckin said fabricated sales worth more than $300 million are being investigated, and that investors can no longer rely on its prior financial guidance.

FAANG Stocks Aren't the Only Tech Sector Overdue for a Plunge

Software stocks have been on fire for several quarters. Now, they could be a overdue for a pullback right along with the FAANG names.

Why These Tech Companies Could Become Private Equity Targets in 2018

Private equity continued to be a force in technology in 2017 and that is likely to continue.

Analysts' Actions -- Analog Devices, Abercrombie, CBS, McKesson and More

Here are Wednesday's top research calls, including downgrades for Abercrombie & Fitch, CBS and McKesson, and an upgrade for Analog Devices.

Breaking News

Ford Makes a Major Change

The legacy automaker has just made a decision that will affect consumers buying its electric vehicles via a lease.

Tesla Q2 Deliveries Slump To 254,695 As Shanghai Shutdown, Supply Chain Snarls Take Toll

Tesla said it had a record rate of production in June, but supply chain disruption and the closure of its Shanghai gigafactory triggered a slump in Q2 deliveries.

Summers, Others Cite Growing Chance of Recession

GDP shrank an annualized 1.6% in the first quarter, and some experts anticipate another drop in the second quarter.

Coinbase Faces A New Scandal

The platform denies selling proprietary customer data and announces it is expanding into several European countries.