Source: PaxForex Premium Analytics Portal, Fundamental Insight Alphabet's market cap has briefly surpassed Apple's several times over the past decade, with the last instance occurring on January 29, 2019, when Alphabet was valued at $744 billion, slightly ahead of Apple’s $729 billion. Currently, Alphabet is valued at $1.97 trillion, while Apple stands at $3.3 trillion, retaining its position as the world’s most valuable publicly traded company, with Alphabet ranking fourth. Both companies have delivered remarkable...
Source: PaxForex Premium Analytics Portal, Fundamental Insight UK Retail Sales for August increased by 1.0% monthly and 2.5% annualized. Economists predicted a rise of 0.3% and 1.4%. Forex traders can compare this to UK Retail Sales for July, which expanded by 0.7% monthly and 1.5% annualized. UK Core Retail Sales for August rose by 1.1% monthly and 2.3% annualized. Economists predicted an increase of 0.5% and 1.1%. Forex traders can compare this to UK Core Retail Sales for July, which rose by 1.0% monthly and 1.4% annualized. UK Public...
Source: PaxForex Premium Analytics Portal, Fundamental Insight High-yield dividend stocks tend to perform well when interest rates are cut, as investors look for better returns while yields on fixed-income investments decrease. With the Federal Reserve likely to begin an extended rate-cutting cycle, dividend stocks offering yields above 3% are gaining attention. Take AT&T, for example - this long-standing favorite among income-focused investors has seen its stock climb nearly 30% so far this year, surpassing the S&P 500 benchmark...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The New Zealand Current Account Balance for the second quarter came in at -NZ$27.76B annualized, with the Current Account-to-GDP Ratio at -6.7%. Forex traders can compare this to the New Zealand Current Account Balance for the first quarter, reported at -NZ$27.62B annualized, with the Current Account-to-GDP Ratio at -6.7%. The New Zealand GDP for the second quarter decreased by 0.2% quarterly and 0.5% annualized. Economists predicted a drop of 0.4% and 0.5%. Forex traders...
Source: PaxForex Premium Analytics Portal, Fundamental Insight JPMorgan Chase is often regarded as the top performer among large US banks, recognized for its dominance across various banking sectors such as commercial lending, investment banking, and credit card services. Under the leadership of long-serving CEO Jamie Dimon, the company has established itself as a leading force in the industry. Currently, JPMorgan Chase's stock stands out as the best performer among the four largest US banks, which include Bank of America, Citigroup,...