Source: PaxForex Premium Analytics Portal, Fundamental Insight AT&T used to be regarded as a well-built blue-chip stock for income-oriented investors. But within the past several years, the telecommunications and media titan has lost about 40% of its market value, and its stock is now near a 12-year low. AT&T's tumble can be explained by three big missteps. First, it bought DirecTV in 2015 for $49 billion in a failed effort to extend its pay-TV business. Then, it bought Time Warner for $85 billion in 2018 in a desperate...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Some people say that the Chinese word for "crisis" is composed of two characters, one meaning "danger" and the other meaning "opportunity. In fact, this is not the case. Nevertheless, the word often hits the mark. While many crises carry danger, they also often present opportunities. In the case of COVID-19, we can certainly see this happening. To date, more than 5 million people worldwide have died from this viral infection. At the same time, numerous...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The US NFP Report for November is predicted to show 550K job additions and an unemployment rate of 4.5%. Forex traders can compare this to the US NFP Report for October, which showed 531K job additions and an unemployment rate of 4.6%. Private Payrolls for November are predicted to show 530K job additions and Manufacturing Payrolls 45K job additions. Forex traders can compare this to Private Payrolls for October, which showed 604K job additions, and Manufacturing Payrolls, which...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Intel had a dynamic start to 2021, with shares rising rapidly in Q1 due to news that the company may be beating rival Advanced Micro Devices. However, Intel failed to maintain its remarkable momentum, and the stock gave up all of the ground it had gained at the beginning of the year. Intel stock is now trading near the bottom of its 52-week range. Wall Street is also not overly optimistic about the company's prospects, with an average share price target of $54, indicating...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Shortly after becoming CEO of Alphabet in 2015, Sundar Pichai boldly stated that his vision was to become an AI-focused company. Alphabet's consistent investment in supporting long-term growth is seen in its strong financial accomplishments. Even though it competes with other tech giants such as Amazon, Microsoft, and Netflix, Alphabet's recent quarterly results suggest that it could well become the world's largest company by market capitalization, displacing Apple...
