Source: PaxForex Premium Analytics Portal, Fundamental Insight Walt Disney gave an update on its streaming business during its fiscal 2022 Q1 earnings report after the market closed on Feb. 9. Shareholders were satisfied that Disney noted an acceleration in growth in this segment. That was something of a relief to those who thought the streaming segment's growth would stall as the economy recovered. As a result, Disney stock was up 3.3 percent the day after the announcement. The rise came on a day when the broad market declined amid...
Source: PaxForex Premium Analytics Portal, Fundamental Insight According to the market's reaction, the market is not thrilled with Meta Platforms' ambition to become the leader of the metaverse. Instead, the market would rather just let Facebook and Instagram platforms make money and reward shareholders. CEO and founder Mark Zuckerberg, however, has other ambitions. Over the past six months, Meta stock has lost more than 40% after hitting an all-time high in September. Most of the fall, however, came after Meta reported fourth-...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The UK Jobless Claims Change for January came in at -31.9K. Economists predicted a figure of -28.0K. Forex traders can compare this to the UK Jobless Claims Change for December, reported at -51.6K. UK Labor Productivity for the fourth quarter rose 1.0% quarterly. Forex traders can compare this to UK Labor Productivity for the third quarter, which decreased 1.5% quarterly. The UK Employment Change for the tri-monthly period ending in December came in at -38K and the ILO...
Source: PaxForex Premium Analytics Portal, Fundamental Insight There is no denying that Alphabet has become a force to be considered with. Indeed, not many companies can boast that their branded product or service has become a verb: "google it." Beyond search, Alphabet is a leader in digital advertising, smartphone operating systems led by Android, and cloud computing with the rapidly growing Google Cloud. Recently, the tech giant informed about a historic 20-for-1 stock split, reducing the size of its stake for the first time in...
Source: PaxForex Premium Analytics Portal, Fundamental Insight While the overall cryptocurrency market remains under bearish pressures, patient investors and long-term traders have an opportunity to add valuable crypto assets to their portfolios. Litecoin continues to present an excellent buying opportunity as its fundamentals continue to outshine Bitcoin and Ethereum. IZEA Worldwide, a leading provider of influencer marketing services, announced it would accept Litecoin as a payment method. It presents the latest community, which shuns...
