Source: PaxForex Premium Analytics Portal, Fundamental Insight Alphabet has seen remarkable performance over the past year, with its stock climbing from around $115 last July to a high of $191.75 on July 10, a 67% increase. Several factors contributed to this surge, including the introduction of its first-ever dividend. Despite the significant rise in stock price, potential new investors haven't necessarily missed out. Alphabet's future, however, is somewhat uncertain due to two critical antitrust lawsuits. Here’s a closer...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The New Zealand Performance of Services Index for June came in at 40.2, and the New Zealand Performance of Composite Index was at 40.9. Forex traders can compare this to the New Zealand Performance of Services Index for May, reported at 43.0, and the New Zealand Performance of Composite Index at 44.7. The Chinese GDP for the second quarter increased by 0.7% quarterly and 4.7% annualized. Economists predicted a rise of 1.1% quarterly and 5.1% annualized. Forex traders can...
Source: PaxForex Premium Analytics Portal, Fundamental Insight What a difference a year makes for telecom giant AT&T. Its stock price has surged in recent months, hitting a 52-week high of $19.32 on July 1. This upward trend is a stark contrast to last July's 52-week low of $13.43. A significant factor in this increase is analyst upgrades, with JPMorgan, Goldman Sachs, and Barclays among those raising their ratings on AT&T stock this year. The stock's rebound is the result of a multiyear transformation under CEO John...
Source: PaxForex Premium Analytics Portal, Fundamental Insight 3M has encountered several challenges in recent years, including numerous legal battles and a history of mediocre growth and declining margins. This performance has made it a less appealing option for high-quality stock picks. However, investment decisions should focus more on a company's potential rather than its past performance. From this perspective, there is a compelling case for considering 3M stock now. Yet, this opportunity may not be suitable for all investors....
Source: PaxForex Premium Analytics Portal, Fundamental Insight The New Zealand Business PMI for June came in at 41.1. Forex traders can compare this to the New Zealand Business PMI for May, reported at 47.2. New Zealand Electronic Retail Card Spending for June contracted 0.6% monthly and 4.9% annualized. Forex traders can compare this to New Zealand Electronic Retail Card Spending for May, which dropped by 1.2% monthly and 1.6% annualized. The Chinese Trade Balance for June came in at $99.05B. Economists predicted a figure of $85.00B....