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Yearly Archives: 2018

Activision Blizzard plans to fire its CFO for an unspecified cause

Patrick Fallon | Bloomberg | Getty Images Attendees visit the Activision Blizzard Inc. display at the E3 Expo in Los Angeles, California, U.S., on Tuesday, June 5, 2012. Activision Blizzard shares moved down 1 percent in after-hours trading on Monday after the company said that it has informed its chief …

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FAANG stocks 2018 performance

Getty Images Reed Hastings attends Reed Hastings panel during Netflix ‘See What’s Next’ event at Villa Miani on April 18, 2018 in Rome, Italy. At the start of 2018, the so-called FAANG stocks — Facebook, Amazon, Apple, Netflix and Google-parent Alphabet — were top picks. Four of the five tech …

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This wacky daily trading strategy posted a 13% return in this rough year

Xinhua News Agency | Getty Images Traders work at the New York Stock Exchange in New York, the United States. Buy the S&P 500 at the close every day and sell it at the next open. Sounds wacky? You could have outperformed the market by 20 percent. According to Bespoke …

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The stock market’s epic fourth-quarter reversal is one for the history books

Matt Cardy | Getty Images News | Getty Images Contestants in the men’s race chase a Double Gloucester Cheese down the steep gradient of Cooper’s Hill during the annual tradition of cheese-rolling in Brockworth, Gloucestershire, England. This volatile market year was full of historical milestones and the end of the …

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The winner for best trade of 2018 is… chocolate

Looking back on a tumultuous year where the majority of asset classes were deep in the red, cocoa futures turned out to be one sweet spot. In fact, a look at the top year-to-date performers among major futures markets reveals that cocoa has returned a whopping 28 percent this year. …

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Trump’s most memorable Twitter bombshells of 2018

Andrew Harrer | Bloomberg | Getty Images The Twitter Inc. account of U.S. President Donald Trump, @realDoanldTrump President Donald Trump’s Twitter habit grew even more prolific in 2018. Trump sent more than 3,400 tweets this year — an average of nearly 10 tweets a day, and a sizable increase from …

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Merck surges more than 30% in 2018, taking the crown as biggest Dow winner

Bess Adler | Bloomberg | Getty Images Ken Frazier, chairman and chief executive officer of Merck & Co., speaks during an Economic Club of New York event in New York, U.S. on Wednesday, Oct. 3, 2018. 2018 may have been the worst year for the Dow Jones Industrial Average in …

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Amazon to expand Whole Foods stores: WSJ

Smith Collection/Gado | Archive Photos | Getty Images Reusable shopping bag with logo at Whole Foods Market grocery store in Dublin, California.  Amazon.com is planning to expand its Whole Foods Market portfolio by adding more stores to put more customers within its two-hour delivery service range, The Wall Street Journal …

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German DAX faces worst year in a decade amid global uncertainties

The German DAX has had its worst year in a decade amid persistent market volatility across the globe. The stock index is down more than 18 percent since the start of the year, after it briefly fell into bear market territory earlier this month. A bear market is when stocks …

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Chip stocks set for worst quarter in decade. Why it might be time to buy

Semiconductor stocks outperformed the broader market last week with the SMH, which tracks the sector’s biggest names, posting a more than 4 percent gain. But that only tells half the story. The ETF is currently down more than 18 percent since early October, and is on pace to post its …

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