Source: PaxForex Premium Analytics Portal, Fundamental Insight Alphabet, the parent company of Google, has been under scrutiny due to various factors including the rise of artificial intelligence (AI) tools like ChatGPT, increased regulatory oversight, and a slowdown in digital advertising expenditure. Despite being a prominent player in the technology industry and involved in multiple ventures, Alphabet's stock performance has been met with more pessimism from investors compared to other major tech companies. Although Alphabet has...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Canadian CPI for May is predicted to increase by 0.5% monthly and 3.4% annualized. Forex traders can compare this to the Canadian CPI for April, which rose by 0.7% monthly and 4.4% annualized. The Canadian Core CPI for May is predicted to expand by 0.5% monthly and 3.9% annualized. Forex traders can compare this to the Canadian Core CPI for April, which increased by 0.5% monthly and 5.7% annualized. The Core CPI-Median for May is predicted to expand by 3.8% annualized, and...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Coca-Cola, a widely recognized and popular beverage, has a strong presence in the fast-food industry and is a household name. However, investors who perceive purchasing shares of the company as solely being connected to their favorite cola may overlook the fact that The Coca-Cola Company boasts a beverage portfolio comprising more than 200 brands. And contrary to any assumptions that these other brands are not particularly significant, it should be noted that they hold...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Japanese Corporate Service Price Index for June increased by 1.6% annualized. Economists predicted a rise of 1.8% annualized. Forex traders can compare this to the Japanese Corporate Service Price Index for May, which rose 1.6% annualized. The Final Japanese Leading Index for April came in at 96.8, and the Final Japanese Coincident Index at 97.3. Forex traders can compare this to the Japanese Leading Index for March, reported at 96.8, and the Japanese Coincident Index at...
Source: PaxForex Premium Analytics Portal, Fundamental Insight McDonald's, known for its affordable fast food, currently has a stock that is anything but inexpensive. Despite major indexes still being below their late-2021 peaks, McDonald's shares are trading near all-time highs. However, upon closer examination, this impressive surge in the market value of the company is understandable. McDonald's has been delivering exceptional growth metrics and witnessing an expansion of profit margins, reaching new records. Considering...