While lawmakers took turns bashing Apple (AAPL) for its creative tax policies, investors were cheering on CEO Tim Cook as he defended the company and pushed Congress to overhaul the tax code.
The general consensus among traders on StockTwits was that Cook looked like a capable leader compared with the elected officials doing the questioning.
Catwoman2011
Long Tim Cook. Short John McCain. $AAPL
RobertinGatos
$AAPL Tim Cook did great MORE
Investors can't seem to get enough of Elon Musk.
Just take a look at SolarCity (SCTY).
Shares of the Musk-backed solar energy company rallied 16% Monday.
Shares took a hit last week after the company reported a wider-than-expected first-quarter loss. But the stock quickly bounced back after SolarCity reached a deal with Goldman Sachs (GS) to finance $500 million of solar projects.
Investors on StockTwits were quick to jump on the Musk bandwagon.
jleonard711
Very MORE
"There's always money in the Banana Stand!" George Bluth tells his son, Michael, in the first season of "Arrested Development."
Of course, Michael and his son, George Michael, burned the Banana Stand to the ground, along with $250,000 in illicit cash, in a botched attempt at father-son bonding.
But it looks like there's always money in Netflix -- the home of the fourth season of "Arrested Development" -- too.
The show will make MORE
Ben Rooney - May 15, 2013 12:50 PM ET
Shares of the energy drink maker Monster Beverage were in need of a jolt Thursday.
Monster shares (MNST) fell 7% after the company reported a drop in first quarter earnings and weaker-than-expected sales growth.
The company said late Wednesday that earnings were hurt by costs related to the termination of certain distribution agreements. It also cited expenses tied to various lawsuits against Monster.
The city attorney in San Francisco, Dennis Herrera, filed a MORE
Ben Rooney - May 9, 2013 12:51 PM ET
Back the truck up! Shares of two major trucking companies were on fire Monday.
YRC Worldwide (YRCW) surged 41%, and Arkansas Best (ABFS) jumped 39%.
The gains pushed the Dow Jones Transportation Average (DJT) to an all-time high.
It was a remarkable achievement considering that FedEx (FDX), one of the largest components of the transport index, was not the main driver, as one trader pointed out on StockTwits.
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impressive (not fedex MORE
It's the morning after for America's biggest micro brewer.
Shares of the Boston Beer Company (SAM), maker of Samuel Adams and other craft beers, plunged nearly 11% Thursday.
The hangover comes a day after Boston Beer reported earnings that badly missed analysts' expectations.
Boston Beer earned 51 cents per share in the first three months of 2013, down almost 9% from a year earlier and well below the 62 cents a share expected MORE
Ben Rooney - May 2, 2013 12:19 PM ET
Apple sold $17 billion worth of bonds late Tuesday in the largest sale of corporate bonds ever.
The company offered both fixed and floating rate bonds, with maturities of of 3, 7, 10 and 30 years.
At $17 billion, the offering trumps Roche Holdings' $16.5 billion bond sale in 2009, according to data from Dealogic.
Apple saw strong demand for its bonds, which were rated Aa1 by Moody's and AA+ by Standard & MORE
Ben Rooney - Apr 30, 2013 11:24 AM ET
Wall Street has been taking a second look at J.C. Penney in the weeks since controversial CEO Ron Johnson stepped down.
J.C. Penney said Monday that it secured a $1.75 billion loan from Goldman Sachs (GS). The announcement confirms reports late last week that that the retailer was nearing a financing deal with Goldman.
Shares of J.C. Penney (JCP) rose more than 4% Monday. The stock gained 9% last week as investors welcomed MORE
Ben Rooney - Apr 29, 2013 12:25 PM ET
Shares of UGG boot-maker Deckers Outdoor jumped Thursday after analysts at Jefferies said the stock is headed for $100 a share.
Deckers (DECK) stock was up nearly 7% in midday trading to about $56 per share.
The rally came after Jefferies issued a glowing report on the company, saying it expects sheepskin prices to fall this year after rising about 80% in the past two years. The investment bank raised its price MORE
Ben Rooney - Mar 28, 2013 1:27 PM ET
Federal law enforcement officials arrested a Florida man Tuesday for allegedly defrauding investors by telling them he had access to shares of Facebook before its initial public offering.
The U.S. Attorney's office in New York said Craig Berkman, 71, received a total of $8 million from investors who thought they were investing in Facebook (FB) prior to the social network's IPO last year.
Berkman also allegedly misled investors about his access to MORE
Ben Rooney - Mar 19, 2013 3:49 PM ET