Source: PaxForex Premium Analytics Portal, Fundamental Insight The past year has been less than stellar for Apple investors, with shares of the tech giant rising only 13%, compared to the Nasdaq-100 Technology Sector index's 24% gain over the same period. However, a closer examination of recent stock movements suggests that Apple is regaining momentum. In the past three months, Apple stock has surged 33%. This impressive performance is largely due to Apple's much-anticipated entry into artificial intelligence (AI) and a recovery...
Source: PaxForex Premium Analytics Portal, Fundamental Insight German Retail Sales for May are predicted to be flat at 0.0% monthly. Forex traders can compare this to German Retail Sales for April, which dripped 1.2% monthly. UK Mortgage Approvals for June are predicted at 60.00K. Forex traders can compare this to UK Mortgage Approvals for May, reported at 59.99K. UK Net Lending to Individuals for June is predicted at £2.200B. Forex traders can compare this to UK Net Lending to Individuals for May, reported at £2.700B. UK M4...
Source: PaxForex Premium Analytics Portal, Fundamental Insight One of the significant challenges Johnson & Johnson has faced in recent years is its involvement in talc lawsuits. This legal issue has been a major factor in the 9% decline in the company's share price over the past three years, as the legal uncertainties have cast a long shadow over the business. Johnson & Johnson has allocated billions of dollars to settle lawsuits claiming that its talc-based products caused cancer. Despite these efforts, the company has not...
Source: PaxForex Premium Analytics Portal, Fundamental Insight US Personal Income for June is predicted to increase by 0.4% monthly and Personal Spending by 0.3% monthly. Forex traders can compare this to Personal Income for May, which rose by 0.5% monthly, and Personal Spending by 0.2% monthly. The PCE Deflator for June is predicted to expand by 0.1% monthly and 2.5% annualized. Forex traders can compare this to the PCE Deflator for May, which was flat at 0.0% monthly and rose by 2.6% annualized. The PCE Core Deflator for June is predicted...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The recent outage caused by a CrowdStrike software update notably spared software running on Linux and Apple's macOS operating systems. Instead, it was Microsoft's software that experienced the service interruption. This incident could potentially impact how the software giant is perceived in the market. Despite Microsoft's strategic emphasis on its cloud and artificial intelligence (AI) products, its Windows operating system remains a critical component of the...