Source: PaxForex Premium Analytics Portal, Fundamental Insight The Tesla stock has experienced significant volatility throughout 2023, fluctuating from a low of $108 to a high of $293. Presently, it hovers around $215 following a consistent decline over recent months. Concurrently, the sentiment surrounding Tesla's stock has transformed, attributed to the company's adjusted strategy within the electric vehicle (EV) market. Historically, Tesla boasted the best margins in the industry, delivering robust growth and superior profits to...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The UK CPI for October was flat at 0.0% monthly and rose by 4.6% annualized. Economists predicted an increase of 0.1% and 4.8%. Forex traders can compare this to the UK CPI for September, which expanded by 0.5% monthly and 6.7% annualized. The UK Core CPI for October rose by 0.3% monthly and 5.7% annualized. Economists predicted an increase of 0.4% and 5.8%. Forex traders can compare this to the UK CPI for September, which accelerated by 0.5% monthly and 6.1% annualized. The UK...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The year 2023 has presented Walt Disney Company with a series of challenges, including strikes by both writers and actors, a contractual dispute with Charter Communications, and struggles in its streaming business. Notably, these hurdles coincide with the celebration of the company's 100th birthday, making it a noteworthy period in Disney's history. Reflecting the tumultuous year, Disney's stock hit a 52-week low of $78.73 on October 4, marking a nine-year low....
Source: PaxForex Premium Analytics Portal, Fundamental Insight Swiss Producer & Import Prices for October increased by 0.2% monthly and decreased by 0.9% annualized. Forex traders can compare this to Swiss Producer and Import Prices for September, which contracted by 0.1% monthly and 1.0% annualized. A speech this morning by Swiss National Bank Chairman Thomas Jordan had no impact on the Swiss Franc. The US NFIB Small Business Optimism Index for October is predicted at 90.5. Forex traders can compare this to the NFIB Small Business...
Source: PaxForex Premium Analytics Portal, Fundamental Insight In 2023, Apple's stock surged by a remarkable 40%, solidifying its position as a tech giant with a staggering market capitalization of approximately $2.84 trillion, making it the world's largest company. Apple undeniably stands as a preeminent player in the technology industry, excelling in both hardware and software. The question, however, is whether the stock remains an intelligent investment at its current price. Let's explore contrasting perspectives on Apple...