Source: PaxForex Premium Analytics Portal, Fundamental Insight Home Depot has faced a challenging operating environment in recent years, with same-store sales consistently declining since late 2022. Despite this, the stock has performed well, climbing approximately 40% over the past year. The company’s fiscal third-quarter results suggest that a recovery could be on the horizon, raising the question of whether now is an opportune moment to invest in the stock. In the fiscal third quarter ending October 27, Home Depot's comparable...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Swiss Trade Balance for October came in at CHF8.063B. Economists predicted a figure of CHF4.250B. Forex traders can compare this to the Swiss Trade Balance for September, reported at CHF4.942B. The Eurozone Trade Balance for September is predicted at €27.0B. Forex traders can compare this to the Eurozone Trade Balance for August, reported at €31.5B. The Eurozone CPI for October is predicted to increase by 0.3% monthly and 2.0% annualized. Forex traders...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Over the past few decades, big tech has emerged as one of America’s most powerful engines of wealth creation. Amazon exemplifies this trend, with its shares skyrocketing over 240,000% since debuting on public markets in 1997. Yet, historical success is no guarantee of future performance. Examining Amazon’s recent developments sheds light on what lies ahead for this e-commerce giant. Since Andy Jassy assumed the role of CEO in 2021, succeeding Jeff Bezos, Amazon has...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The New Zealand Performance of Services Index for October came in at 46.0. Forex traders can compare this to the New Zealand Performance of Services Index for September, reported at 45.7. The New Zealand PPI Input for the third quarter increased 1.9% quarterly, and the New Zealand PPI Output rose 1.5% quarterly. Economists predicted a rise of 1.0% and 0.9%. Forex traders can compare this to the New Zealand PPI Input for the second quarter, which expanded 1.4% quarterly,...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Tesla has seen its stock skyrocket by over 1,700% over the past decade, creating substantial wealth for many, including its CEO, Elon Musk, now the world’s richest individual. The recent US presidential election victory of Donald Trump appears to have catalyzed another surge in Tesla’s stock, sparking speculation about the new administration’s potential impact on the company’s future. Musk played a significant role in Trump’s 2024 presidential...
