Source: PaxForex Premium Analytics Portal, Fundamental Insight Alibaba was previously regarded as a promising investment opportunity tied to China's extensive growth prospects. It boasted ownership of Taobao and Tmall, the nation's leading e-commerce platforms, as well as Alibaba Cloud, the largest public cloud infrastructure platform in the cou Having once been a darling of Wall Street, Alibaba has turned into a troublesome entity for investors in recent years. A sequence of setbacks, including the cancellation of Ant Group's...
Source: PaxForex Premium Analytics Portal, Fundamental Insight New Zealand Electronic Retail Card Spending for July was flat at 0.0% monthly and rose by 2.2% annualized. Economists predicted a flat reading of 0.0% and an increase of 9.8%. Forex traders can compare this to New Zealand Electronic Retail Card Spending for June, which expanded by 0.9% monthly and 4.2% annualized. Japanese Money Stock M2 for July increased by 2.4% annualized, and Japanese M3 Money Supply came in at ¥2,112.5T. Forex traders can compare this to Japanese Money...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Amazon's shares have been on an upward trend following a favorable quarterly update that left investors optimistic. The company reported impressive revenue of $134.4 billion, representing an 11% year-over-year increase. Moreover, diluted earnings per share reached $0.65, a significant improvement from last year's loss of $0.20. These outstanding results surpassed Wall Street's expectations, contributing to a 10% surge in the stock's value the day after the...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Japanese Household Spending for June rose by 0.9% monthly and dropped by 4.2% annualized. Economists predicted a rise of 0.3% and a contraction of 4.1%. Forex traders can compare this to Japanese Household Spending for May, which decreased by 1.1% monthly and 4.0% annualized. Japanese Average Cash Earnings for June increased by 2.3% annualized and Japanese Overtime Pay by 0.3% annualized. Forex traders can compare this to Japanese Average Cash Earnings for May, which increased...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Being a constituent of the Dow Jones Industrial Average and boasting a long history of dividend increases, 3M garners significant attention from a diverse range of investors. Despite its popularity, there is no consensus on its future trajectory. While some investors remain optimistic about 3M's prospects, others approach it with caution. To offer deeper insights into the company's potential upsides and downsides, two contributors from fool.com have analyzed both the...