Visa is a company that helps people buy things using their money, like when you go to a store and buy a toy with your money. They just made something new to help even more people buy things online using their money. This new thing is called the Money Movement Advisory Practice. It will help people who have businesses to make it easier and faster for people to buy things online. Visa is trying to help people do more online buying and it will make it better for both businesses and people. Read from source...
Although Visa Inc. (V) has launched a new service called the Money Movement Advisory Practice in the US and Canada, some people argue that it is another way for Visa to increase its revenues. While there are concerns over the company's motives, others point out the benefits of the new service, such as helping businesses and partners navigate the complex world of digital payments.
Let's start with the worst performing stock in the portfolio, which is Microsoft. It's down 2.8% year-to-date. The reason behind this is due to the fact that Microsoft is guiding lower than expected, and there are also concerns about the global macroeconomic environment.
Moving on to the next worst performer, which is Apple, down 4.2% year-to-date. The main reason behind this decline is due to the concerns around slowing iPhone demand, as well as, the concerns about the global macroeconomic environment that we previously discussed.
Let's now look at some of the better performers in the portfolio. First up, we have Amazon, which is up 13.4% year-to-date. This has been driven by the company's strong e-commerce business, which has seen a boost due to the ongoing pandemic.
Next, we have Alphabet, which is up 9.5% year-to-date. The reason behind this increase is due to the strength of its advertising business, which has also seen a boost due to the ongoing pandemic.
Lastly, we have Facebook, which is up 7.2% year-to-date. The reason behind this increase is due to the company's strong advertising business, which has also seen a boost due to the ongoing pandemic.
Overall, the portfolio has performed relatively well, considering the ongoing global macroeconomic environment. However, investors should continue to closely monitor the companies' performances, as well as, any potential risks or challenges that may arise in the future.