Source: PaxForex Premium Analytics Portal, Fundamental Insight The last 18 months have been tough investors Boeing, whose shares fell in March 2019, after several fatal Boeing aircraft accidents and, more recently, due to the COVID-19 pandemic, production, and sales of Boeing 737 MAX were suspended. Until 2020, the company's shares lost about half of its value as the airline cut costs and reduced its fleet during a long period of economic stagnation caused by the pandemic. Boeing's second-quarter revenue, which is due to be...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The UK BRC Shop Price Index for July decreased by 1.3% annualized. Forex traders can compare this to the UK BRC Shop Price Index for June, which decreased by 1.6% annualized. South African M3 Money Supply for June increased by 11.07% annualized. Forex traders can compare this to South African M3 Money Supply for May, which increased by 10.6% annualized. Private Sector Credit for June increased by 5.64% monthly. Economists predicted an increase of 6.50%. Forex traders can...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Last week, Microsoft showed better than expected fourth-quarter financial results despite the problems caused by the pandemic. Besides, with the help of enormous investments and a victorious shift to cloud computing, the technology titan will continue to develop in the long run. Coronavirus harmed some Microsoft businesses during the last quarter. For example, with the vulnerable labor market, the social network LinkedIn (bought in 2016 for $26.2 billion) increased its...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Data published by Ethereum mining pool Sparkpool revealed a sharp increase in the daily profitability of miners. It rose from $1.85 per MH/s to $3.27 before retreating to around $3.00. Demand for decentralized finance (DeFi) apps contributed to the increase. Enthusiasts should remain cautious as the total computing power for Ethereum remained stable near 190 PH/s. The current increase in profitability may remain temporary as the hype tends to fizzle out. The Covid-19...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Johnson & Johnson (NYSE: JNJ) is the world's largest healthcare company with a market capitalization of about $400 billion. J&J holds leading positions in three different segments of healthcare - pharmaceuticals, medical equipment, and consumer healthcare. In March, Johnson & Johnson announced it would invest more than $1 billion in the development of a COVID-19 vaccine. It is more than the market capitalization of some pharmaceutical companies that also...