Source: PaxForex Premium Analytics Portal, Fundamental Insight Judging by the market's reaction to Amazon's Q4 report, you'd think the e-commerce and cloud computing giant was a success. In a sense, it did. The company's stake in electric car company Rivian generated nearly $12 billion in revenue; Amazon Web Services (AWS) continues to operate at full capacity, growing rapidly and generating incredible profits; and the announced Amazon Prime price hike will generate billions in additional revenue. All of this contributed to...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Japanese Household Spending for December rose 0.1% monthly and decreased 0.2% annualized. Economists predicted an increase of 0.7% and 0.3%. Forex traders can compare this to Japanese Household Spending for November, which contracted 1.2% monthly and 1.3% annualized. Japanese Labor Cash Earnings for December decreased 0.2% annualized, and Japanese Real Cash Earnings contracted 0.2% annualized. Forex traders can compare this to Japanese Labor Cash Earnings for November, which...
Source: PaxForex Premium Analytics Portal, Fundamental Insight AT&T stock is disappointing most experts and shareholders: telecom giant's evolution into the satellite TV and media markets, as well as lagging development in its wireless business, has driven its stock price to drop more than 40 percent over the past five years. But there have been a few good aspects of the past year. AT&T slowly decreased its leverage by selling 30% of DirecTV, getting rid of WarnerMedia via a merger with Discovery, and selling other non-core...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Australian AiG Services Index for December was reported at 56.1. Forex traders can compare this to the Australian AiG Services Index for November, reported at 49.6. Australian TD Securities Inflation for January rose 0.4% monthly. Forex traders can compare this to the Australian TD Securities Inflation for December, which increased 0.2% monthly. Australian ANZ Job Advertisements for January decreased 0.3% monthly. Forex traders can compare this to Australian ANZ Job...
Source: PaxForex Premium Analytics Portal, Fundamental Insight If you are a millennial or older generation, you probably at least faintly remember a time when the industrial conglomerate General Electric was one of the largest and most influential companies in the world. The company was a $400 billion titan before the 2008-2009 financial crisis knocked GE down, and the company has been struggling to get back on its feet ever since. Today, the company is in the midst of a major transformation, selling off individual divisions to reduce its...
