Source: PaxForex Premium Analytics Portal, Fundamental Insight Shareholders of the U.S. telecommunications titan Verizon Communications have had a very difficult year. Normally a defensive stock that is not too volatile, Verizon has fallen 40% from its highs and has fallen more than the S&P 500 in 2022. The company pays an impressive dividend with a yield of 7% at today's share price, which is a pretty attractive payout for dividend investors. So what's going on? We take a look at Verizon's problems to determine whether...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Australian AiG Services Index for October came in at 47.7. Forex traders can compare this to the Australian AiG Services Index for September, reported at 48.0. Australian Westpac Consumer Confidence for November dropped 6.9% monthly to 78.0. Forex traders can compare this to Australian Westpac Consumer Confidence for October, which decreased 0.9% monthly to 83.7. Australian NAB Business Conditions for October came in at 22, and Australian NAB Business Confidence was at 0....
Source: PaxForex Premium Analytics Portal, Fundamental Insight AT&T stock climbed 18.8 percent in October, according to S&P Global Market Intelligence. The telecommunications company, whose stock has been declining for much of this year, reported earnings on Oct. 20. But in contrast to the dismal mood surrounding the company, AT&T beat both revenue and earnings forecasts and revised its full-year outlook for the better. AT&T's Q3 revenue was $30 billion, down 4.2% from the previous year, and adjusted (non-GAAP)...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Bitcoin is caught between a rock and a hard place, at least over the next six months. Volatility dropped to 2022 lows and reached almost historic lows, which suggests massive price movements ahead. While reason exists for long-term bullishness, traders should remain cautious in the near term. Bulls point to JP Morgan Chase, led by cryptocurrency critic Jamie Dimon, which completed its first-ever cross-border transaction using decentralized finance (DeFi), which runs on...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Retail giant Walmart is taking one of its most successful billion-dollar brands and completely revamping it to better represent "inclusiveness, body positivity and styles that prioritize comfort and confidence." While these are worthy goals, they don't explain why the retailer needs to change what has been a resounding success so far. It risks losing the connection between consumers and one of their favorite brands. Walmart has announced that it is changing the...
