Apple's Streaming Event
Real Money's Stock of the Day Apple (AAPL) - Get Report is set to show off Monday a new subscription video service, as well as a revamped Apple News, that could serve as anchors for Apple's growing services business.
TheStreet will be conducting a live blog breaking down Apple's event, which begins at 1 p.m. ET. Please check TheStreet's home page then for more details.
TheStreet's Annie Gaus reported that, based on past events, Apple's hardware event might not have a large impact on shares of Apple.
Take a Look at Darden's Chicken Alfredo
Jim Cramer thinks that the "the U.S. economy is as good as Olive Garden's Chicken Alfredo."
Here's what Cramer wrote in his morning column:
So I was genuinely surprised, when reading the conference call of Darden Restaurants' (DRI) - Get Report stellar quarter, that a Chicken Alfredo dish with 50% more chicken -- not a tax cut -- helped boost same-store sales growth to a 4.3% level. That is not bad for the owner of Olive Garden and an assorted mix of other restaurants.
What the Inverted Yield Curve Means
Cramer wrote a Real Money column which focused on the inverted yield curve and what it means for the markets.
Here's what he wrote:
On Friday, I believed that it was the inversion of the yield curve and the recognition that the algorithms are set to sell all stocks, regardless of their ability to thrive with an inversion. I continue to think that's the case if only because so many people are willing to point to the previous inversion that proceeded the Great Recession.
Is Twitch Amazon's Secret Weapon?
Gaus reported on Twitch in her Tech Skeptic column:
Twitch's popularity was apparent at GDC, with game developers packing into educational sessions focused on how to use the array of add-ons available to developers and Twitch streamers -- like prizes or interactive plugins allowing viewers to get involved in the gameplay -- that can make experience more engaging and fun. Although it hasn't said anything publicly a streaming service, it was also apparent that Amazon (AMZN) - Get Report is assembling a cohesive games strategy that wraps together Twitch, AWS, the Lumberyard game engine, GameSparks developer platform and even Alexa.
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