We break down the biggest gainers and droppers in the Cheddar 50 index this year, plus one Japanese stock that's made a big splash in the U.S. in 2017.
On the plus side, shares of Square have risen about 160 percent this year as the digital payment company has expanded into new markets. And video game maker Take-Two Interactive has also more than doubled in 2017, as investors and fans both await the release of Red Dead Redemption 2 this spring.
But they weren't all winners. Pandora shares were down more than 60 percent as the music streaming service struggled to grow paying subscribers. And Blue Apron stock has dropped as much as 70 percent since its IPO in late June, losing its CEO and cutting jobs.
Plus, what about Japan's SoftBank? The tech holding company launched its $100 billion Vision Fund, which has made investments in Nvidia, WeWork and Flipkart. And we're still waiting for what could be a $10 billion investment in Uber.
Full Glass Wine Co., the company behind Bright Cellars, Wine Insiders, and Winc, knows you fell in love with home delivery during the pandemic – and it’s investing millions into making it even better.
It might sound counterintuitive, but the Fed cutting interest rates three times this year could cause inflation to spike and actually be worse for markets and the economy as a whole.
Imagine a world with just a handful of mediocre beer options. Terrible, right? That was the U.S. before the explosion of craft breweries, the Samuel Adams founder says.
March was a blockbuster month for jobs, with 303,000 new positions – and paired with slower wage growth, an economist and a portfolio manager agree this could be the ‘best of both worlds.’
