Prinka, Author at yourmoneywise

December 22, 20230Comments

Finance

A Complete Guide to Fixed Income: Types and How to Invest in Fixed Income

Thanks to the global economic slowdown and geopolitical conflicts, investors are looking for low-risk investment options. The equity market is becoming volatile day by day. In that case, fixed income investments are here dressed as rescuers. Fixed-income securities hold a special place in the heart of investment individuals seeking secure and predictable returns. For a…

December 22, 20230Comments

Why CarMax stock is soaring?

Shares of CarMax(KMX) soared as much as 13% on Thursday and settled close to 5.2% after the biggest U.S. used-car retailer beat earning estimates as it sold more vehicles in the wholesale market and restarted its share repurchase program. For its fiscal third-quarter ended November 30, CarMax’s revenue declined 5.5% year-over-year to $6.15 billion, missing…

December 21, 20230Comments

Aon to Buy Insurance Broker NFP in $13.4 Billion Deal

Management consulting firm AON(AON) said on Wednesday that it would buy middle-market insurance broker NFP in a cash and stock deal worth $13.4 billion to tap the middle-market segment of insurance brokerage, wealth management, and retirement plan advisory. The deal will be funded by $7 billion cash and $6.4 billion of Aon stock. Aon said…

December 21, 20230Comments

Alphabet Stock Soared as Market Takes a Dip

Shares of Google-parent Alphabet(GOOGL) soared and hit a 52-week high after reports that it would restructure its ad sales unit to focus more on Artificial Intelligence. Sean Downey, who leads Google’s ad business in North America and South America, said in a department-wide meeting that the company’s 30,000-person ad sales unit would be reorganized, according…

Top10

10 Biggest Companies in the World by Market Cap

A company's Market Capital is the reflection of a company's worth in the real world. To be precise, a market cap is the company's total value of shares of stocks. Market capital sometimes referred to as “Market Cap” is used to calculate the value of the company. It is calculated by multiplying the current share…

Affirm Holdings Stocks Soared After Company Expands Relationship With Walmart

Shares of Affirm Holdings(AFRM) rose 15% on Tuesday after the company announced that it has expanded its buy now, pay later(BNPL) relationship with Walmart(WMT). In a press release, Affirm announced it has expanded its services with Walmart to enable customers to select its pay-over-time options at self-checkout stands at more than 4500 Walmart stores. The…

Why Prices Are Probably Never Going Back Down

Will Inflated Prices Ever Go Back Down? Probably Not!

While inflation might be gradually going down, we probably won’t ever see those pre-pandemic prices at grocery stores and department stores. That’s because prices on average generally rise up over time and only fall when something is wrong with the economy. Officials at the Federal Reserve who are responsible for setting the nation’s monetary policy…

Lufthansa to Buy Boeing 737 Max Jets in the First Single-Aisle Order in Nearly 30 Years

Boeing(BA) shares moved higher after the planemaker secured an order for single-aisle planes from Germany’s Deutsche Lufthansa AG. Lufthansa ordered 80 planes from Boeing and Airbus and agreed to future purchasing options for a total value of $9 billion. The deal states that 40 Boeing 737 MAX 8 Planes and 40 Airbus A220-300s are to…

December 19, 20230Comments

Homebuilders Are Optimistic as Mortgage Rates Fall

According to the National Association of Home Builders, Homebuilder’s optimism improved in December as mortgage rates continued to fall. Homebuilder confidence in the market for newly-built single-family homes rose for the first time in four months, climbing to 37 on the index, as mortgage rates and improved economic data reassured the builders moving into 2024. …