Source: PaxForex Premium Analytics Portal, Fundamental Insight Tesla is the ultimate example of a company that is constantly struggling on the battlefield. Bulls believe that the company continues to lead the electric vehicle (EV) revolution and develop valuable new product and service categories, while bears tend to think that the hype surrounding the company has led to an overvaluation. Given that the company's stock price is currently down about 25 percent from its peak valuation, should investors take a closer look at this industry...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Preliminary Spanish CPI for September is predicted to increase 0.6% monthly and 10.1% annualized. Forex traders can compare this to the Spanish CPI for August, which rose 0.3% monthly and surged 10.5% annualized. The Spanish Harmonized CPI for September is predicted to rise 0.6% monthly and 10.5% annualized. Forex traders can compare this to the Spanish Harmonized CPI for August, which increased 0.3% monthly and accelerated 10.5% annualized. Eurozone Economic Sentiment for...
Source: PaxForex Premium Analytics Portal, Fundamental Insight On Tuesday, a tailwind kicked up on Wall Street as investors finally decided that they had had enough of their bad days. Futures contracts on the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite were all up 1-2%, and it looked like the major market indexes would have a good morning after the S&P hit new lows of 2022 in late Monday trading. Bitcoin also returned above the $20,000 mark after recent heavy pressure, and many other digital assets and...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Australian Retail Sales for August rose 0.6% monthly. Economists predicted an increase of 0.4% monthly. Forex traders can compare this to Australian Retail Sales for July, which increased 1.3% monthly. The Final Japanese Leading Index for July came in at 98.9, and the Final Japanese Coincident Index at 100.1. Forex traders can compare this to the Japanese Leading Index for June, reported at 100.3, and to the Japanese Coincident Index at 99.2. The German GfK Consumer...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Dan Loeb has changed his mind about ESPN. In August, the activist investor wrote a letter urging Walt Disney CEO Bob Chapek to separate the sports media company. But after Chapek spoke at Disney's annual D23 conference and talked to reporters about ESPN and Disney's future, Loeb is now convinced that ESPN is worth more as part of Disney. Many always thought ESPN was of greater value to Disney. Chapek was quick to change the mind of a very active activist investor, and...
