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L Brands, MGM Led the S&P 500 This Week as Reopening Optimism Spreads

L Brands, MGM Led the S&P 500 This Week as Reopening Optimism Spreads

L Brands and MGM Resorts were the top-performers member of the S&P 500 this week as economic optimism overshadowed strong earnings from Big Tech. L Brands (LB) rose 21 percent since Friday, January 29, after preannouncing better-than-expected fourth quarter...

GameStop’s Real Lesson to Investors: Beware of Crowded Trades

GameStop’s Real Lesson to Investors: Beware of Crowded Trades

GameStop's short squeeze is one of the most discussed news stories this year. Whatever you think of it, one thing is clear for investors: It shows the risk of "crowded trades." A "crowded trade" is a popular position or theme embraced by large numbers of investors. It...

Apple Stuns as the IPhone Upgrade Cycle Takes Hold: Earnings This Week

Apple Stuns as the IPhone Upgrade Cycle Takes Hold: Earnings This Week

Apple led a busy week of earnings by crushing estimates as users clambered for new iPhones. Most other companies also had strong results -- especially chip makers and industrials. The tech giant generated $65.6 billion of revenue from iPhones last quarter, up 21...