Source: PaxForex Premium Analytics Portal, Fundamental Insight Johnson & Johnson experienced a significant surge of 6% in its share value during a single trading session last week. The impressive boost came as a response to their second-quarter earnings report, which surpassed investors' expectations by a considerable margin. While a single positive quarterly report may not be sufficient reason alone to invest in J&J or any business, it's essential to examine their recent performance in light of the significant changes they...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Australian CPI for the second quarter increased 0.8% quarterly and 5.4% annualized. Economists predicted an expansion of 1.0% quarterly and of 5.4% annualized. Forex traders can compare this to the Australian CPI for the first quarter, which rose 1.4% quarterly and 5.6% annualized. The RBA Trimmed Mean CPI for the second quarter increased 0.9% quarterly and 5.9% annualized. Economists predicted a rise of 1.1% quarterly and 6.6% annualized. Forex traders can compare this to...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Over the past two years, AT&T has been actively restructuring its business by divesting its non-core assets and initiating spin-offs of DirecTV and WarnerMedia. The company aimed to reset its focus and prioritize upgrading its 5G and fiber networks, positioning itself for stronger competition in the telecommunications industry. A significant milestone in this plan was the merger between WarnerMedia and Discovery, resulting in the formation of Warner Bros. Discovery (WBD 0....
Source: PaxForex Premium Analytics Portal, Fundamental Insight The German IFO Business Climate Index for July is predicted at 88.0, the German IFO Current Assessment Index at 93.0, and the German IFO Expectations Index at 83.4. Forex traders can compare this to the German IFO Business Climate Index for June, reported at 88.5, the German IFO Current Assessment Index at 93.7, and the German IFO Expectations Index at 83.6. The US House Price Index for May is predicted to increase by 0.2% monthly and 2.6% annualized. Forex traders can compare...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Investors are eagerly awaiting Microsoft's fiscal 2023 fourth-quarter results, which are scheduled to be announced on July 25. This report is expected to include the company's outlook for fiscal year 2024, making it a crucial event for assessing Microsoft's growth opportunities, profitability, and cash demand trends. When considering Microsoft as an investment, three key factors set it apart. Diverse Business Microsoft's strength lies in its diverse...