If you'd like to receive "In Case You Missed It" in your email inbox every evening, please register for TheStreet Alerts and follow me.
Pick your "Tale of Two Cities" quote (Cliffsnotes can help) and you have a pretty apt description of today's trading day.
Money poured out of tech stocks (likely to be hurt by policies from President-elect Donald Trump) and into energy (due to the recent OPEC agreement), sending the major indexes in wildly different directions.
Then Starbucks' CEO Howard Schultz announced his intention to step down as CEO, sending one of the country's most beloved corporate entitles into a bit of disarray at the end of Thursday's trading.
But while the world continues to assess the Trump economy, did you see The Deal Economy Event? Well, you missed out (not completely, a recap can be found here), because it was a barn burner. The 2017 event, held at the Essex House in Midtown Manhattan, featured a who's who of corporate dealmakers, investment bankers, lawyers, activist investors and regulators.
That wasn't all TheStreet was after Thursday. Here are the highlights:
Trump-Carrier Agreement Leapfrogs Policy Fixes, Sets Worrying Precedent
Donald Trump scored a victory with Carrier this week, but the president-elect's Whack-a-Mole approach to corporate America may not be sustainable or wise once he's in the White House. Full story
Jim Cramer's Top 10 Takeout Candidates for 2017
TheStreet's Jim Cramer said there will still be a lot of deals in 2017 'no matter what' at TheDeal's economy conference on Thursday. Full story
Tweet of the Day:
Why Small-Caps Are Crushing Big Techs
The Russell 2000 is soaring, but the FANGs have lost their bite. Full story
Amazon Shows Its Cloud Business Is Still in a League of Its Own
The company unveiled new features at this year's Amazon Web Services conference, making a convincing argument that rivals can't match the breadth of its offerings. Full story
Gun Demand Stays Strong as African American Gun Association Membership Surges
The FBI processed a record number of background checks for gun buyers on Black Friday. Full story
Ranking the Activists for Proxy Season 2016
We recount the successes and failures of the biggest names in the activism game. Full story
Video of the Day: Why the Outlook for Wearable Technology Is More Positive Than You Think
The outlook on the wearable technology space is not all doom and gloom. Full story