Source: PaxForex Premium Analytics Portal, Fundamental Insight Few industries demonstrate such clear and significant growth potential as electric vehicles (EVs) currently. Analysts forecast that by 2030, two out of every three cars sold globally will be an EV. For investors aiming to tap into this burgeoning sector, one standout option is Tesla. Tesla has spent years perfecting its vertically integrated supply chain, expanding its production capacity, and delivering some of the most in-demand vehicles on the market. These efforts have...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The New Zealand Trade Balance for May came in at NZ$204M monthly and at -NZ$10,050M annualized. Forex traders can compare this to the New Zealand Trade Balance for April, reported at -NZ$3M monthly and -NZ$10,220M annualized. Exports for May came in at NZ$7.16B and Imports at NZ$6.95B. Forex traders can compare this to Exports for April, reported at NZ$6.31B, and Imports, reported at NZ$6.32B. New Zealand Credit Card Spending for May was flat at 0.0% annualized. Forex traders...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Warren Buffett's largest holding by a significant margin is Apple. The tech giant comprises 43% of Berkshire Hathaway's portfolio, translating to nearly $170 billion in Apple stock. After Berkshire's recent annual meeting, Buffett expressed that Apple "is an even better business" than his long-time favorites, Coca-Cola and American Express. Despite selling off some shares over the past year, Buffett clarified that this decision was driven by tax...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The French Business Survey for June is predicted at 100. Forex traders can compare this to the French Business Survey for May, reported at 99. The Preliminary French HCOB Manufacturing PMI for June is predicted at 46.8, the Preliminary French HCOB Services PMI at 50.0, and the Preliminary French HCOB Composite PMI at 49.5. Forex traders can compare this to the French HCOB Manufacturing PMI for May, reported at 46.4, the French HCOB Services PMI at 49.3, and the French HCOB...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Intel has consistently lagged behind in stock market performance for an extended period. This is evident as the stock's value has shown minimal growth over the past five years, in stark contrast to the remarkable 148% surge in the Nasdaq-100 Technology Sector index during the same timeframe. However, the year 2023 marked a significant turnaround for Intel investors, with the stock experiencing an impressive 60% increase, outperforming the Nasdaq-100's 50% gains. This...