Source: PaxForex Premium Analytics Portal, Fundamental Insight Despite being a colossal $2.5 trillion company, Microsoft continues to exhibit astonishing growth that defies the conventional notion of the "law of large numbers," which suggests that it becomes increasingly challenging to grow as a company expands in size. Microsoft's performance in the first quarter of fiscal year 2024 (ending on September 30) was nothing short of remarkable. But does this solidify Microsoft's status as a truly unstoppable company? Let's...
Source: PaxForex Premium Analytics Portal, Fundamental Insight New Zealand Inflation Expectations for the fourth quarter increased 2.76% quarterly. Forex traders can compare this to New Zealand Inflation Expectations for the third quarter, which rose 2.83% quarterly. The Final German CPI for October was flat at 0.0% monthly and rose 3.8% annualized. Economists predicted a flat reading of 0.0% and a rise of 3.8%. Forex traders can compare this to the German CPI for September, which expanded 0.3% monthly and 4.5% annualized. The Final EU...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Competition in the cloud computing arena is intensifying as Alibaba Group, a prominent Chinese tech company, introduces a new artificial intelligence (AI) update, seemingly to challenge the dominant cloud leaders, Amazon and Microsoft. However, despite these efforts, Alibaba's stock performance has remained lackluster, trading only slightly above its initial public offering (IPO) price from nine years ago. Additionally, mounting political risks associated with the company...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Reserve Bank of Australia increased interest rates by 25 basis points to 4.35%. Economists predicted an increase of 25 basis points from 4.10%. Forex traders can compare this to the previous Reserve Bank of Australia interest rate decision, where it left interest rates unchanged at 4.10% for a fourth consecutive meeting. It may indicate that the central bank was unpleased with progress on inflation and could serve as a blueprint for other G7 central bankers, except Japan, to...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Boeing shareholders have faced a disappointing year, as the company's operational performance has fallen short of expectations. Nevertheless, there remains a compelling investment case for value investors. The question is whether this case justifies buying Boeing stock. Here's the rundown. At the outset of the year, Boeing investors were eagerly anticipating progress toward the medium-term goals outlined during the November 2022 investor conference. The primary target...