For years Apple has claimed its app store and ecosystem is meant to protect its users. The FTC isn’t so sure.

Emily Flippen and Jason Moser discuss:- The FTC’s suit against Apple, and why it probably means years of lawyer fees and distraction for Apple.- Chipotle’s 50-for-1 stock split and the market reaction to Reddit’s debut. - Earnings from Chewy, Nike, Lululemon, and Accenture.

Motley Fool contributor Brian Feroldi breaks down Reddit’s S-1 and the major risks facing the the self-proclaimed “Front page of the internet”