Source: PaxForex Premium Analytics Portal, Fundamental Insight While achieving a trillion-dollar valuation is usually seen as a significant milestone for most companies, for Apple, reaching a $1 trillion market cap by 2035 would not be a sign of progress; instead, it would indicate a considerable setback. Currently, Apple boasts a market cap of $2.6 trillion. Therefore, it's crucial to analyze the outlook of this iconic company and understand why a decline in its market value is not entirely improbable. Despite holding the position of...
Source: PaxForex Premium Analytics Portal, Fundamental Insight UK Nationwide House Prices for April decreased by 0.4% monthly and rose by 0.6% annualized. Economists predicted an increase of 0.2% and 1.2%. Forex traders can compare this to UK Nationwide House Prices for March, which decreased by 0.2% monthly and expanded by 1.6% annualized. The final UK S&P500/CIPS Manufacturing PMI for April is predicted at 48.7. Forex traders can compare this to the March UK S&P500/CIPS Manufacturing PMI, reported at...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Johnson & Johnson, a stalwart in the healthcare industry with roots tracing back to the 1800s, has encountered significant legal challenges in recent years, particularly concerning lawsuits related to its talc products. Additionally, the company has undergone restructuring, spinning off its consumer health business to streamline operations. Despite its rich history and continued growth, reflected in its recent quarterly revenue of $21.4 billion, which marked a 2% increase...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Australian Private Sector Credit for March increased 0.3% monthly and 5.1% annualized. Economists predicted an increase of 0.3% monthly and 2.6% annualized. Australian Housing Credit for March increased by 0.4% monthly. Forex traders can compare this to Australian Housing Credit for February, which rose by 0.4% monthly. Australian Retail Sales for March decreased by 0.4% monthly. Economists predicted an increase of 0.2% monthly. Forex traders can compare this to...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Energy sector stocks, including ExxonMobil, have experienced significant upward momentum in the past couple of months, driven by escalating geopolitical tensions in the Middle East and subsequent increases in oil prices. However, investors considering buying ExxonMobil at this juncture should assess several key factors. ExxonMobil stands as one of the globe's leading oil and gas enterprises, renowned for its robust capital management practices and impressive track record of...