Source: PaxForex Premium Analytics Portal, Fundamental Insight Shares of Walt Disney (DIS) rose 5% on Tuesday after the media giant reported unexpected profits for the third quarter. The wild rally on Wall Street has been going on since February, as the stock market was shocked against the backdrop of the coronavirus. Disney shares were falling in price as the company closed its theme parks and suspended travel to Disney Cruise Line. The company's quarterly results showed some of these negative effects. On May 11, Disneyland in...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The New Zealand Unemployment Rate for the second quarter was reported at 4.0%. Economists predicted an Unemployment Rate of 5.8%. Forex traders can compare this to the Unemployment Rate for the first quarter, reported at 4.2%. The Unemployment Change for the second quarter decreased by 0.4%. Economists predicted a decrease of 2.0%. Forex traders can compare this to the Unemployment Change for the first quarter, which increased by 0.7% quarterly. The Participation Rate for...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Warren Buffett and his investment company Berkshire Hathaway have now made not one, not two, but three major investments in the Bank of America. First, Buffett has acquired over $800 million in shares at prices ranging from about $23.51 to $24.23 per share. A few days later, he and the company acquired shares for another $400 million at prices ranging from about $24.10 to $24.30. Last week Buffett bought another $522 million shares at prices ranging from about $24.32 to $25....
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Australian Trade Balance for June was reported at A$8,202M. Economists predicted a figure of A$8.800M. Forex traders can compare this to the Australian Trade Balance for May, reported at A$8,025M. Exports for June increased by 3.0% monthly, and imports increased by 1.0%. Forex traders can compare this to exports for May, which decreased by 4.0% and, and to imports, which decreased by 6.0%. Australian Retail Sales for June increased by 2.7% monthly. Economists predicted an...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Last week Apple (NASDAQ: AAPL) made an unexpected announcement along with the third-quarter results - the tech giant will execute a 4-for-1 stock split. The split will start on August 24, and on August 31 trading will resume at new prices. The ratio of 4-for-1 means that an investor for 1 share will receive another 3. A decrease in the price will make the shares more accessible for small investors. The upcoming split of Apple shares will be the fifth one since the stock...