Source: PaxForex Premium Analytics Portal, Fundamental Insight With a market capitalization of about $170 billion, Walt Disney is among the largest entertainment companies in the world. But as its stock price is down more than 30 percent from this time last year, many investors may be wondering whether the company's stock is worth buying now. Let's break down what's going on with Mickey's House and what its future may hold. In February 2020, Bob Iger stepped down as CEO of Walt Disney, handing the role over to his...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Singapore Trade Balance for February came in at $6.708B. Forex traders can compare this to the Singapore Balance for January, reported at $6.276B. Non-Oil Exports for February plunged by 8.0% monthly and 16.6% annualized. Economists predicted a drop of 0.5% and 16.0%. Forex traders can compare this to Non-Oil Exports for January, which rose by 0.9% monthly and collapsed by 25.0% annualized. The Italian Trade Balance for January is predicted at €1.500B. Forex traders...
Source: PaxForex Premium Analytics Portal, Fundamental Insight One could not help but notice that Microsoft's business is starting to slow down. The company's stock has been declining since the beginning of 2022, as sales growth has reached its limit. Large parts of the company's business, including the PC and video game segments, are shrinking. The outlook for corporate technology spending in 2023 is not rosy either. However, Microsoft is not limited to these major problems. Let's look at some aspects of this company that...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The New Zealand GDP for the fourth quarter decreased by 0.6% quarterly and increased by 2.2% annualized. Economists predicted a drop of 0.2% and a rise of 3.3%. Forex traders can compare this to the New Zealand GDP for the third quarter, which expanded by 1.7% quarterly and 6.4% annualized. The New Zealand GDP Annual Average for the fourth quarter rose by 2.4% quarterly, and GDP Expenditure contracted by 0.8% quarterly. Economists predicted an increase of 2.7% and a decrease of...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Elon Musk, the CEO of several prominent companies, including Tesla and SpaceX, is known for his entrepreneurial spirit and penchant for the limelight. His electric vehicle (EV) company, Tesla, is arguably his most notable brand, and his recent investor conference was highly anticipated by investors and Wall Street alike. Nevertheless, the event seemed to fall short of expectations, and Tesla's stock declined by nearly 13% over the following five trading days. During the...