Source: PaxForex Premium Analytics Portal, Fundamental Insight Tesla's recent performance hasn't been favorable for shareholders, with the stock experiencing a 31% decline in 2024 compared to the Nasdaq Composite Index's 7% gain. The negative sentiment surrounding Tesla stems from disappointing production figures. In the first quarter of this year, Tesla's unit deliveries dropped by 8.5% year over year to 387,000 units, falling short of analysts' expectations for the leading electric vehicle (EV) producer. Despite the...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Chinese Forex Reserves for March stood at $3.246T. Economists predicted a figure of $3.210T. Forex traders can compare this to Chinese Forex Reserves for February, which were reported at $3.226T. Japanese Average Cash Earnings for February increased by 1.8% annualized, and Japanese Overtime Pay decreased by 1.0% annualized. Forex traders can compare this to Japanese Average Cash Earnings for January, which rose by 2.0% annualized, and Japanese Overtime Pay, which expanded by 0....
Source: PaxForex Premium Analytics Portal, Fundamental Insight Since its inception as an online book retailer nearly three decades ago in Seattle, Amazon has undergone a remarkable evolution. Transitioning from its humble beginnings, the innovative company has diversified across various industries, emerging as a dominant force in e-commerce, cloud computing, space technology, groceries, gaming, consumer electronics, and more. Amazon's trajectory of success is mirrored in its financial achievements, with annual revenue, operating income...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The US NFP Report for March is predicted to show 212K job additions and an unemployment rate of 3.9%. Forex traders can compare this to the US NFP Report for February, which showed 275K job additions and an unemployment rate of 3.9%. Private Payrolls for March are predicted to show 160K job additions and Manufacturing Payrolls 5K job gains. Forex traders can compare this to Private Payrolls for February, which showed 223K job additions, and Manufacturing Payrolls, which showed...
Source: PaxForex Premium Analytics Portal, Fundamental Insight This marks a significant juncture in the extensive history of International Business Machines (IBM). In 2012, the technology behemoth underwent a dramatic transformation. While others were just beginning to emulate IBM's comprehensive business model, which encompassed a wide array of technology solutions spanning servers, storage, software, and consulting services, Ginni Rometty assumed the CEO role from industry icon Sam Palmisano, signaling a shift. Rometty orchestrated...