Source: PaxForex Premium Analytics Portal, Fundamental Insight If you think Coca-Cola is already ubiquitous on supermarket shelves around the world, the company happily proved you wrong last week by releasing a stunning Q1 earnings report. The 16% YoY sales growth was a further recovery from the pandemic downturn after 5% growth last year. However, for the remainder of 2022, the company will have to surpass last year's numbers. Let's try to find out if the beverage titan can keep its impetus till the end of 2022. Coca-Cola's...
Source: PaxForex Premium Analytics Portal, Fundamental Insight German Retail Sales for March dropped 0.1% monthly and 2.7% annualized. Economists predicted a rise of 0.3% and 6.1%. Forex traders can compare this to German Retail Sales for February, which increased 2.0% monthly and 7.0% annualized. The Spanish Markit Manufacturing PMI for April is predicted at 54.0, and the Italian Markit/ADACI Manufacturing PMI for April at 55.0. Forex traders can compare this to the Spanish Markit Manufacturing PMI for March, reported at 54.2, and the...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Meta Platforms shares gained 18% Friday after the company released its Q1 earnings report. The company's revenues rose 7% YoY to $27.91 billion, $310 million less than analysts' estimates but in line with its previous guidance of 3% to 11% growth. The company's net income fell 21% to $7.47 billion, or $2.72 per share, but still, beat analysts' consensus by $0.17. Meta's report was mixed, but investors have already tempered their anticipations after the...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Healthcare company Johnson & Johnson remains a favorite of dividend-oriented investors. Its consistently outstanding performance in each quarter, despite market volatility and macroeconomic uncertainty, shows how well it manages its business. The cherry on the cake is that the company is the Dividend King, increasing its dividend for 60 consecutive years. Let's take a look at the first-quarter results and determine why this company is a great stock to buy and hold....
Source: PaxForex Premium Analytics Portal, Fundamental Insight French Consumer Spending for March decreased by 1.3% monthly. Economists predicted an increase of 1.2%. Forex traders can compare this to French Consumer Spending for February, which rose 0.9% monthly. The Preliminary French GDP for the first quarter came in flat at 0.0% quarterly. Economists predicted an expansion of 0.3% quarterly. Forex traders can compare this to the fourth-quarter GDP, which rose 0.8% quarterly. The German Import Price Index for March is predicted to...
