Source: PaxForex Premium Analytics Portal, Fundamental Insight On April 25, Verizon Communications released its first-quarter earnings report, which showed mixed results. The telecommunications giant experienced a 2% decline in operating revenue year over year, falling short of analysts' estimates by $740 million, with $32.9 billion in revenue. Meanwhile, its adjusted earnings dropped by 11% to $1.20 per share but still exceeded the consensus forecast by $0.01. Despite the report, Verizon's stock remained stable, but it is still...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Japanese Jobless Rate for March came in at 2.8%, and the Job-to-Applicant Ratio at 1.32. Economists predicted a figure of 2.5% and 1.34. Forex traders can compare this to the Japanese Jobless Rate for February, reported at 2.6%, and the Job-to-Applicant Ratio at 1.34. Preliminary Japanese Industrial Production for March rose by 0.8% monthly and decreased by 0.7% annualized. Forex traders can compare this to Japanese Industrial Production for February, which increased by 4.6...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Alibaba, a leading player in e-commerce and cloud computing, boasts a captivating corporate history. The brainchild of an unconventional Chinese entrepreneur, Jack Ma, the company attracted investments from the likes of Yahoo and SoftBank during its early days. Nevertheless, it wasn't until its 2014 initial public offering (IPO) - which raked in a record-breaking $22 billion - that Alibaba entered the public consciousness in a significant way. In a surprising move, Alibaba...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Spanish Retail Sales for March are predicted to increase by 5.5% annualized. Forex traders can compare this to Spanish Retail Sales for February, which rose 4.0% annualized. The Spanish Unemployment Rate for the first quarter is predicted at 12.90%. Forex traders can compare this to the Spanish Unemployment Rate for the fourth quarter, reported at 12.87%. Italian Business Confidence for April is predicted at 104.0, and Italian Consumer Confidence at 105.5. Forex traders can...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Despite a year-to-date rally of 73% in 2023, Tesla's stock is still considerably lower than its all-time high of $410 achieved in late 2021. The current economic climate, with high levels of inflation and interest rates, is making it difficult for the auto industry. However, Tesla's scale and profitability suggest that it has the potential to rebound even stronger than before. Let's delve deeper into this topic. TSLA is all set to succeed in price wars According...