The attacks come after state and local ransomware attacks in New York, Louisiana, Maryland and Florida resulted in the loss of significant sums.Technologyread more
Stocks are bouncing higher but could be trapped in a range longer term, until there's a resolution of the trade wars.Market Insiderread more
Powell will have the opportunity if not to walk back the "midcycle" assessment then to at least provide some further explanation about what it means.Economyread more
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Apple has spent more than $6 billion on original TV shows and movies for its forthcoming Apple TV+ service, according to a Financial Times report on Monday.Technologyread more
The Business Roundtable, led by Jamie Dimon, gives a new definition of the "purpose of a corporation."Marketsread more
"These days, the consumer is addicted to convenience ... If it doesn't have a great digital presence or incredible bargains, take a pass," Jim Cramer says.Mad Money with Jim Cramerread more
Tilman Fertitta told CNBC on Monday that he is doing things in a "very conservative way" amid fears of a recession.Marketsread more
Saudi Aramco sent a request for proposal to several banks, people familiar with the matter told CNBC on Monday.Marketsread more
Twitter and Facebook have suspended accounts believed to be tied to a state-backed disinformation campaign originating from inside China.Technologyread more
J.P. Morgan estimates the average annual tariff cost per household will be $1,000 with the new round of Trump's tariffs.Marketsread more
Jim Cramer thinks a great restaurant shake-out has begun.
"We are seeing some restaurant names pull away from the pack the way racehorses separate themselves from the field … whatever the explanation, the winners are creating some dazzling performance," the "Mad Money " host said.
The first winner crushing the competition is McDonald's. The all-day breakfast idea was once one that was laughed at on Wall Street, and it has now rocked the quick-serve world. Jack in the Box, Popeyes and even DineEquity have felt the wrath of rejuvenated McDonald's.
Cramer was also stunned by the double-digit same-store sales that Domino's delivered, with endless innovation in technology that did some serious damage to smaller pizza companies that couldn't possibly compete.
"The fact that prices haven't gone up in five years tell you all you need to know about the value proposition," Cramer said.
Read more from Mad Money with Jim Cramer
Many investors also can't figure out how Chipotle went to $533 on Monday when it was at $400 less than two months ago. Investors underestimated two things, Cramer said. First was the strength of Chipotle's balance sheet that allowed it to buy back stock, and the long-term value of fresh and organic food. Cramer was also impressed with the strength of both Panera and YUM Brands.
These companies have so much going for them, it is clear that the winners are McDonald's, Chipotle, Panera and YUM. Meanwhile, the losers are ones like Shake Shack, which was slammed in after-hours trading on Monday even after it reported a top and bottom line beat.
"I think the winners are all worth owning, many right here, and the rest on pullback," Cramer said.