Source: PaxForex Premium Analytics Portal, Fundamental Insight Coca-Cola, the global beverage titan, reported its third-quarter earnings on October 23, 2024. The results reflected both resilience and the challenges posed by external economic pressures. The company managed to achieve a 9% increase in organic revenue, demonstrating solid performance despite a slight 1% drop in reported net revenue, which reached $11.9 billion, down from $11.95 billion a year ago. This slight decrease in reported revenue was largely attributed to the impacts...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Singapore CPI for September increased by 0.3% monthly and 2.0% annualized. Forex traders can compare this to the Singapore CPI for August, which rose 0.7% monthly and 2.2% annualized. The Singapore Core CPI for September accelerated by 2.8% annualized. Economists predicted an increase of 2.7%. Forex traders can compare this to the Singapore Core CPI for August, which rose 2.7% annualized. US Existing Home Sales for September are predicted at 3.88M. Forex traders can compare...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Since its initial public offering in 2004, Alphabet's stock has skyrocketed, delivering a staggering 6,510% return, making early investors extraordinarily wealthy. However, recently, the stock has pulled back, declining around 13% from its peak in July this year. Still, with a current market valuation exceeding $2 trillion, this tech giant remains a compelling buy for savvy investors. If you’re considering adding Alphabet to your portfolio, keep reading to understand...
Source: PaxForex Premium Analytics Portal, Fundamental Insight If you had invested in Apple stock ten years ago and held onto it, you'd be quite pleased today. Over the past decade, Apple has delivered a staggering return of nearly 800%, turning a $50,000 investment into approximately $450,000. Apple's story is one of the most remarkable in business history. Once near bankruptcy, it has grown into one of the largest and most valuable companies in the world. Given its size, some may doubt that Apple can continue to generate the...
Source: PaxForex Premium Analytics Portal, Fundamental Insight New Zealand Credit Card Spending for September dropped by 3.2% annualized. Forex traders can compare this to New Zealand Credit Card Spending for August, which decreased by 3.1% annualized. The Chinese 1-Year Loan Prime Rate for October came in at 3.10%, and the Chinese 5-Year Loan Prime Rate was at 3.60%. Economists predicted a figure of 3.15% and 3.65%. Forex traders can compare this to the previous Chinese 1-Year Loan Prime Rate for September, reported at 3.35%, and the...
