Source: PaxForex Premium Analytics Portal, Fundamental Insight Meta Platforms, the tech giant formerly known as Facebook, has lost more than 50% of its market value this year as investors have been concerned about its slowing growth and polar plans. The broader sell-off in the tech sector, which was largely driven by rising interest rates and other macroeconomic factors, has only exacerbated the problem. But did investors overreact by prematurely dumping Meta stock, which is still about 330% above its initial public offering price a decade...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The UK CPI for May is predicted to increase 0.6% monthly and 9.1% annualized. Forex traders can compare this to the UK CPI for April, which rose 2.5% monthly and 9.0% annualized. The Core CPI for May is predicted to expand 0.6% monthly and 6.0% annualized. Forex traders can compare this to Core CPI for April, which increased 0.7% monthly and 6.2% annualized. The UK PPI Input for May is predicted to increase 1.9% monthly and 19.4% annualized. Forex traders can compare this to...
Boeing is a standout in the aerospace sector. While many stocks in that sector have outperformed the market in 2022, and some (Raytheon Technologies, AAR Corp, and Hexcel) are in positive territory altogether, Boeing stock is down as much as 36% in 2022 and 48% over the past year. So what's going on? And is this drop a buying opportunity? We suggest we sort it out. Not many doubt that Boeing's problems are a combination of general market conditions and its performance problems. Unfortunately, there are a lot of the latter. If it...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Apple is one of the most popular companies in the world. Its flagship product, the iPhone, is one of the most successful tech devices of all time. This popularity has helped make Apple stock successful and in demand for more than a decade. But is it still possible to buy this stock? There are certainly opinions on both sides. Let's look at both sides and try to determine who wins the argument for Apple stock - the bulls or the bears. Decades of proven innovation underlie...
Source: PaxForex Premium Analytics Portal, Fundamental Insight UK CBI Industrial Industrial Trends Orders for June are predicted at 22. Forex traders can compare this to CBI Industrial Trends Orders for May, reported at 26. Canadian Retail Sales for April are predicted to rise 0.8% monthly, and Canadian Core Retail Sales by 0.6% monthly. Forex traders can compare this to Canadian Retail Sales for March, which increased 0.2% monthly, and to Canadian Core Retail Sales, which rose 2.4% monthly. The Canadian New Housing Price Index for May is...
