The ‘Fortnite’ effect slams videogame makers’ stocks

2019-02-06

The outsize success of ‘Fortnite’ has begun to punish the world’s largest videogame makers. Electronic Arts Inc. EA, -13.31%  stock plunged 13.3% Wednesday, and Take-Two Interactive Software Inc. TTWO, -13.76%  shares plummeted 13.8% after both publishers predicted worse financial performance in the current quarter than expected. Other videogame makers sufferedRead More →

Symantec, Proofpoint earnings drive rally in cybersecurity stocks

2019-02-02

Cybersecurity stocks received a boost Friday following strong earnings results from Symantec Corp. and Proofpoint Inc. Shares of Symantec Corp. SYMC, +8.99%  rallied 9% to close at $22.91, touching an intraday high of $24.05, after the security company’s earnings topped Wall Street estimates late Thursday. Symantec also announced Chief FinancialRead More →

Alphabet earnings: Can Waymo be the non-Google star?

2019-02-02

Alphabet Inc. has amassed a fortune from its phalanx of Google ad products, but this year investors should start to see more important results from other business lines such as its cloud division and self-driving car unit, according to an analyst. Alphabet GOOGL, -0.65% GOOG, -0.50%  is set to reportRead More →

The best and worst stocks of 2018

2018-12-31

One very important theme for investors during 2018 has been the return to volatility, as investors worry about Federal Reserve tightening and President Trump’s trade dispute with China. The market always looks ahead, and another important focus for investors is the massive cut in the maximum federal income-tax rate forRead More →