Source: PaxForex Premium Analytics Portal, Fundamental Insight Microsoft is still one of the most valuable companies in the world, boasting a market cap of approximately $3 trillion. However, its stock’s upward momentum has recently stalled. Over the past six months, the share price has dipped by 3%, and its year-to-date gain of 10% lags behind the S&P 500's 20% rise. The tech giant has benefited from timely investments in artificial intelligence (AI), integrating new AI capabilities into its products and services. However,...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Swiss SECO Consumer Confidence for October came in at -34. Economists predicted a figure of -33. Forex traders can compare this to Swiss SECO Consumer Confidence for September, reported at -34. The US PPI for September is predicted to rise by 0.1% monthly and by 1.6% annualized. Forex traders can compare this to the US PPI for August, which accelerated by 0.2% monthly and 1.7% annualized. The US Core PPI for September is predicted to expand by 0.2% monthly and by 2.7%...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Despite Bitcoin's impressive 50% increase this year, the last six months have been far from ideal for its investors. Following the highly anticipated halving event in April, many expected a surge in its price. However, since then, Bitcoin's value has remained relatively stagnant, currently sitting at $63,000. This situation presents a dilemma for investors: Is it wise to invest in Bitcoin now with hopes of significant gains, or should you consider exploring other...
Source: PaxForex Premium Analytics Portal, Fundamental Insight US Initial Jobless Claims for the week of September 30th are predicted at 231K, and US Continuing Claims for the week of September 23rd at 1,830K. Forex traders can compare this to US Initial Jobless Claims for the week of September 23rd, reported at 225K, and US Continuing Claims for the week of September 16th, reported at 1,826K. The US CPI for September is predicted to increase by 0.1% monthly and 2.3% annualized. Forex traders can compare this to the US CPI for August,...
Source: PaxForex Premium Analytics Portal, Fundamental Insight IBM could be on the verge of a resurgence. After surpassing its previous all-time high from 2013, the company has drawn renewed interest from investors due to its pivot toward cloud computing and artificial intelligence (AI). This transformation has boosted IBM’s market capitalization to approximately $205 billion, and some speculate whether it could potentially become a trillion-dollar company by 2030. While such projections are uncertain, it’s worth considering...
