By TheStreet Staff What Are Call Options and How Do They Work? A call option is an options contract that grants its buyer the right (but not the obligation) to buy a specific quantity (usually 100 shares) of an asset (like a stock) at a specific price …
Wells Fargo, M&T Cited in Bullish Bank of America Bank-Stock Report
By Dan Weil The ‘potential for a less dire macro outlook exists on the back of easing inflationary pressures,’ Bank of America says, touting bank stocks. When interest rates rise, bank stocks generally do, too. That’s because interest rates on the loan…
Wood and Musk Are Wrong on Index Investing, Bloomberg Pundits Say
By Dan Weil Cathie Wood, Elon Musk and Marc Andreessen criticized passive indexing on Twitter. Wood said it created ‘misallocation of capital.’ Three prominent business and finance executives — Elon Musk, Marc Andreessen and Cathie Wood — took passiv…
Burger King’s Got a New Challenge for its Hungriest Customers
By Colette Bennett It looks like a real gut-buster. If there’s anything that Restaurant Brands International’s (QSR) – Get Restaurant Brands International Inc Report Burger King isn’t shy about, it’s taking chances some fast food chains deem far too ri…
Is a Decent Dessert Finally Coming to Chipotle?
By Veronika Bondarenko Along with testing a new steak meat, the company hinted at the possibility of adding sweet things to its menu. Changes are afoot and nowhere is that more evident that at Chipotle (CMG) – Get Chipotle Mexican Grill, Inc. Report. A…
Popular NFT marketplace OpenSea Hit by Another Hack
By Rob Lenihan Hackers posted a notice of a fake YouTube partnership announcement that included a link to a phishing site. OpenSea, the leading marketplace for nonfungible tokens, or NFTs, said Friday that it is “actively investigating” a breach of its…
Taco Bell Has More Menu Changes Coming (Yes On Mexican Pizza)
By Daniel Kline Yum’s Taco Bell chain can’t be called boring. It endlessly tries to top itself. Taco Bell wants your attention. The Yum Brands (YUM) – Get Yum! Brands, Inc. Report fast-food chain has long been the kid who jumps into the pool and endles…
Nvidia to Pay $5.5M to Settle SEC Charges on Cryptomining Disclosure
By Veronika Bondarenko ‘Nvidia’s disclosure failures deprived investors of critical information to evaluate the company’s business in a key market,’ an SEC official said. While demand for semiconductors continues to far outpace supply, Nvidia, one of t…
Zillow Stock Tumbles On Muted Sales Outlook As Mortgage Rates Surge, Housing Market Cools
By Martin Baccardax “With forecasts varying widely, one thing that is clear about the 2022 housing market is that the path ahead is uncertain.” Zillow said in a letter to shareholders late Thursday. Zillow (ZG) – Get Zillow Group, Inc. Class A Report s…
Disney Unveils Epcot’s Greener Future
By Michael Tedder Also, a “Guardian of the Galaxy” inspired rollercoaster is opening in Epcot this month. First introduced in 1982, Disney’s Epcot’s thing has never been crazy roller coaster rides. You go to the Magic Kingdom for that. (DIS) – Get Walt…