Source: PaxForex Premium Analytics Portal, Fundamental Insight When Apple became the world's first $1 trillion company in 2018, investors celebrated and speculated about the next company to reach that milestone. It turned out to be Microsoft the following year. Much has changed since then. Reaching the trillion-dollar mark is no longer a rarity. Four more companies have joined Apple and Microsoft in the trillion-dollar club, with Tesla briefly making the list in early 2022 before facing challenges. Currently, both Apple and Microsoft...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Australian ANZ Job Advertisements for May increased by 2.1% monthly. Forex traders can compare this to Australian ANZ Job Advertisements for April, which rose 2.8% monthly. Chinese Retail Sales for May increased by 3.7% annualized. Economists predicted a rise of 3.0% annualized. Forex traders can compare this to Chinese Retail Sales for April, which expanded by 2.3% annualized. Chinese Industrial Production for May increased by 5.6% annualized. Economists predicted an...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Oracle may not be the largest cloud services provider, but it's currently one of the fastest-growing. Traditionally known for database management, Oracle is now fully committed to expanding its cloud presence and catering to artificial intelligence (AI) clients. This strategy is paying off, with demand and cloud infrastructure revenue experiencing significant growth recently. In its latest quarterly report, Oracle revealed a 42% rise in cloud infrastructure revenue,...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The US Import Price Index for May is predicted at 0.0% monthly, and the US Export Price Index at 0.0% monthly. Forex traders can compare this to the US Import Price Index for April, which rose by 0.9% monthly, and to the US Export Price Index, which accelerated by 0.5% monthly. Preliminary US Michigan Consumer Sentiment for June is predicted at 72.1. Forex traders can compare this to US Michigan Consumer Confidence for May, reported at 69.1. Preliminary Current Conditions for...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Investors might be wondering not just about Boeing's position in the next three years, but even in the next three months. The company has already experienced a tumultuous year, casting doubt on its midterm projections. Here’s a look at how to approach investing in Boeing over the coming years. When CEO David Calhoun presented Boeing's midterm goal of achieving $10 billion in free cash flow (FCF) by the 2025/2026 timeframe, the expectation was likely set for 2025....