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The world's top burger joint has gone nowhere all year. But yesterday news of a corporate shakeup triggered a feeding frenzy in the Golden Arches. McDonald's (MCD) ripped 4.37 percent to $169.48, its highest close since early February. Investors supersized positions...
For years, initial public offerings performed poorly. But that seems to be changing right before our eyes. Several companies have ripped higher since going public in the last few months. Technology has dominated the trend, including some prominent names from China....
Maybe we should have guessed it. After all, Tim Cook spent most of the last month bashing Facebook (FB) for collecting user data. Now it turns out there's some bark to his bite. Apple (AAPL) is in the midst of its annual WWDC conference, begun with Cook's keynote...
The S&P 500 is showing signs of a breakout as investors pile into higher-risk stocks. Meanwhile, safe havens are getting slammed. Here's a breakdown of the best- and worst-performing industries over the last five sessions. Winners: Technology is leading the...
Will a high-end furniture stock go higher? At least one big trader seems to think so. RH, formerly known as Restoration Hardware, peddles four-figure sofas, rugs and cabinets. Yesterday someone bought 5,000 June 110 calls for $5.75 and sold an equal number of June 120...
Technology's all about change. There's even change in the hottest CEO. Sure Jeff Bezos of Amazon.com (AMZN) might be the richest man in the world. And, sure, Tim Cook of Apple (AAPL) may run the most valuable company. And sure, Mark Zuckerberg of Facebook (FB) is...
Below is a summary of noteworthy options trades from Monday, June 4. Melco Resorts & Entertainment (MLCO) operates casinos in the Chinese gambling hub of Macau. It last saw $35 in July 2014, and options traders targeted a move to that level with a bullish ratio...
Stocks just finished their best month since January. Now the question is, how long can they stay trapped in this range?
Never mind the iPhones. Augmented reality (AR) and artificial intelligence (AI) will be the big themes at Apple's (AAPL) Worldwide Developers Conference this week. After all, that's where other tech giants like Amazon.com (AMZN), Alphabet (GOOGL) and Facebook (FB) are...