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Economy

“Boomerang boomers: the over-50s moving back in with their parents”

“The Covid pandemic has led to growing numbers of baby boomers in Britain moving back in with their elderly parents, experts have said. The reasons are varied, from the positive – grown-up children ensuring their parents had care and company during lockdowns – to… Continue Reading…

Stocks

“Dow rises 100 points to another all-time high amid strong earnings”

“…The Dow Jones Industrial Average gained 120 points to touch another all-time high. The S&P 500 rose 0.4%, hitting an intraday record as well. The Nasdaq Composite traded 1% higher, sitting 0.2% below its record high. United Parcel Service saw… Continue Reading…

Economy, Investing

“These are the types of companies Warren Buffett says you should invest in during times of inflation”

“The Chairman and CEO of Berkshire Hathaway, during a 2015 shareholder meeting, noted that: “The best businesses during inflation are the businesses that you buy once and then you don’t have to keep making capital investments subsequently,” while you should avoid… Continue Reading…

Stocks

“Snap stock plummets 25% after iOS ad tracking changes hit revenue”

“Snapchat’s parent company crossed $1 billion in quarterly revenue for the first time ever, but worse-than-expected earnings and a forecast of more headwinds to come led its stock to crash on Thursday.Shares of Snap (SNAP), which owns the popular photo and video… Continue Reading…

Uncategorized

Help Raxxmorz.com Grow. Spread The Word.

Raxxmorz.com is the main hub for content. Please share the articles. Make sure to subscribe as well. It’s completely free. You can also follow me on: Twitter and Linkedin. Feel free to leave any questions or comments. Also if you’re a… Continue Reading…

Economy

“Gas hits $7.59 a gallon in CA town”

“…Gas keeps getting more and more expensive, especially in California. But perhaps nowhere is it pricier than the remote central coast community of Gorda. The town’s only gas station is offering regular unleaded for $7.59. Premium is nearly $8.50. The… Continue Reading…

Business, Stocks

“Phunware stock surges over 1,000% early Friday as a Trump-linked SPAC heads for a 1,345% weekly gain”

“Shares of Phunware Inc. surged more than 1,000% early Friday, as a special-purpose acquisition company, or SPAC, called Digital World Acquisition Corp. , was revealed to be merging with an entity called Trump Media Technology Group. Austin-based Phunware is an… Continue Reading…

Business, Predictions, Opinions, & Comments

How to Move Past Financial Setbacks and Start a Business

Written By Tina Martin There’s no getting around the fact that suffering financial setbacks is difficult. It’s not fun, and the prospect of overcoming the obstacles set before you can seem daunting if not impossible. But if you have dreams… Continue Reading…

Business

“Spanx—Founded With $5,000—Is Now Worth $1.2 Billion in Blackstone Deal”

“Sara Blakely founded Spanx Inc. in 2000 with $5,000 of her personal savings earned from selling fax machines door-to-door. She just struck a deal with Blackstone Inc. that values the company at $1.2 billion…” https://finance.yahoo.com/news/blackstone-buy-majority-stake-spanx-155152406.html This just goes to show… Continue Reading…

Business, Stocks

“AutoNation shares hit new all-time high after reporting record quarterly earnings”

“…Shares of the Florida-based dealership group jumped by as much as 12% Thursday morning before retreating to about $124 a share, up by about 6%. AutoNation’s stock is up by nearly 70% so far this year. The company reported adjusted… Continue Reading…