Source: PaxForex Premium Analytics Portal, Fundamental Insight Ahead of Microsoft's fiscal Q3 earnings report, investors have a lot of questions. The company's latest report showed that the slowdown in demand is spreading to several key niches, including cloud services. However, in late January, company executives made an optimistic statement about Microsoft's long-term potential in areas such as cybersecurity, video games, productivity software, and artificial intelligence (AI). Let's take a closer look at Wall Street...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Preliminary French S&P Global Manufacturing PMI for April is predicted at 47.8, the Preliminary French S&P Global Services PMI at 53.4, and the Preliminary French S&P Global Composite PMI at 52.7. Forex traders can compare this to the French S&P Global Manufacturing PMI for March, reported at 47.3, the French S&P Global Services PMI at 53.9, and the French S&P Global Composite PMI at 52.7. The Preliminary German S&P Global Manufacturing PMI for...
Source: PaxForex Premium Analytics Portal, Fundamental Insight IBM has been a major disappointment for long-term investors, with its stock plummeting nearly 40% over the past decade. Even when accounting for reinvested dividends, the company has yielded a negative total return of around 4%. In contrast, the S&P 500 has provided a total return of almost 220% during the same period. The decline in IBM's stock can be attributed to the lackluster growth in its traditional IT services, hardware, and business software divisions, which...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Japanese Trade Balance for March came in at -¥754.5B, and the Japanese Adjusted Trade Balance at -¥1.21T. Economists predicted a reading of -¥1,294.8B and -¥1.78T. Forex traders can compare this to the Japanese Trade Balance for February, reported at -¥898.1B, and the Japanese Adjusted Trade Balance at -¥1.25T. Exports for March rose by 4.3% annualized and Imports by 7.3% annualized. Economists predicted a rise of 2.6% and 11.4%. Forex traders can...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Investors tend to count on Walmart in times of economic turmoil as a retailer, known for its economies of scale and everyday low prices, has long been considered a recession-proof business. After all, more than half of the company's revenue comes from groceries, which consumers are willing to buy under any circumstances. That may be the reason Walmart has been outperforming the market in recent months. But will this momentum continue? To answer that question, we'll look...