Source: PaxForex Premium Analytics Portal, Fundamental Insight Bank of America released its fourth-quarter 2024 financial results, presenting a mixed picture. While revenue fell short of Wall Street estimates by over $1.5 billion, adjusted earnings per share exceeded consensus forecasts at $0.70. The company continues to navigate a challenging macro landscape. Before making any decisions regarding this bank's inclusion in your portfolio—whether it's a buy, sell, or hold—it's prudent to examine both the bullish and...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The New Zealand Trade Balance for December came in at -NZ$323M monthly and at -NZ$13,570M annualized. Forex traders can compare this to the New Zealand Trade Balance for November, reported at -NZ$1,250M monthly and -NZ$13,900M annualized. Exports for December came in at NZ$5.94B and Imports at NZ$6.26B. Forex traders can compare this to Exports for November, reported at NZ$5.95B, and Imports, reported at NZ$7.20B. Singapore Export Prices for December decreased by 2.1%...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Summing up Pfizer's recent stock performance in just three letters: ugh. The pharmaceutical giant has witnessed a more than 50% drop in shares since reaching a peak in late 2022. The company's financials, including revenue and earnings, are on a downward spiral, presenting significant hurdles for its future. Despite the prevailing pessimism surrounding Pfizer, many hold a bullish outlook for the long term. However, it's crucial to acknowledge the valid reasons...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The German GfK Consumer Confidence Survey for February came in at -29.7. Economists predicted a figure of -24.5. Forex traders can compare this to the German GfK Consumer Confidence Survey for January, reported at -25.4. French Consumer Confidence for January is predicted at 90. Forex traders can compare this to French Consumer Confidence for December, reported at 89. The Spanish Unemployment Rate for the fourth quarter is predicted at 11.90%. Forex traders can compare this to...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Verizon shares extended their impressive run following a robust fourth-quarter report, contributing to a total return of over 35% since mid-October. Despite this significant surge, the stock remains surprisingly attractive at its current level. In the latest quarter, Verizon reported adjusted earnings of $1.08 per share, slightly down from $1.19 in the same period last year. However, the revenue of $35.1 billion surpassed expectations, outperforming the average forecast of...