Disney shares have fallen by more than 40%. Investors are closing long positions, as due to the coronavirus pandemic Disney is closing its parks and suspending the premieres of films. Health experts do not yet know when life can go back to usual. Nevertheless, the prevailing concerns have little impact on the long-term prospects of Disney. This is why Disney shares may now represent a rare opportunity for investors. Starting from 2015, the value of the company's shares is growing as customers switch to Disney Channel and ESPN. Instead,...
The Singapore CPI for February increased by 0.3% annualized. Economists predicted an increase of 0.4%. Forex traders can compare this to the Singapore CPI for January, which increased by 0.8% annualized. Canadian Wholesale Trade Sales for January are predicted to decrease by 0.2% monthly. Forex traders can compare this to Canadian Wholesale Trade Sales for December, which increased by 0.9% monthly. The US Chicago Fed National Activity Index for February is predicted at -0.29. Forex traders can compare this to the US Chicago Fed National...
The Cisco company was not spared the pandemic and the worldwide quarantine. The recession will harm the company's short-term activities. But the technology giant should also benefit from the "homestay" policy. Cisco's core business is selling network devices and software. During the last quarter, the company's infrastructure platform segment, which mainly includes solutions for computer networks, accounted for 54.4% of total revenues. This segment is subject to expected reductions in global computing infrastructure...
UK Public Sector Net Borrowing for February is predicted at £0.7B, and UK Public Sector Net Borrowing excluding Banking Groups at £0.8B. Forex traders can compare this to UK Public Sector Net Borrowing for January, which was reported at -£10.5B and to UK Public Sector Net Borrowing excluding Banking Groups, which was reported at -£9.8B. Canadian Retail Sales for January are predicted to increase by 0.3% monthly, and Canadian Retail Sales Less Autos are predicted to increase by 0.2% monthly. Forex traders can compare...
The rapid spread of COVID-19 has led to a fall in financial markets, consumer panic, and governments are encouraging citizens to stay home and stay away from others. Amazon (NASDAQ: AMZN) is one of the companies with the best opportunities to provide basic services to consumers who are isolated at home. It is the largest e-commerce company in the U.S. and is developing its services for the delivery of food and basic consumer goods. Amazon Web Services is the foundation for key e-commerce services, which have grown in demand as...