Source: PaxForex Premium Analytics Portal, Fundamental Insight Walt Disney released updated financial results last Wednesday afternoon, but all it took was a weak net gain on the Disney+ platform for the stock to fall. Disney stock dropped despite encouraging results from a sharp turnaround at its iconic theme parks. The 26 percent revenue growth in the fiscal fourth quarter was enough to put the entire 2021 fiscal year in the black. It's a modest 3 percent growth, but it sets the stage for a healthy recovery, with analysts predicting...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Australian Consumer Inflation Expectations for November increased 4.6% annualized. Forex traders can compare this to Australian Consumer Inflation Expectations for October, which increased 3.6% annualized. US JOLTS Job Openings for September are predicted at 10.300M. Forex traders can compare this to US JOLTS Job Openings for August, which were reported at 10.439M. Preliminary US Michigan Consumer Sentiment for November is predicted at 72.4. Forex traders can compare this to...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The international retail titan will report its earnings for the third quarter of the fiscal year 2022 as early as next Tuesday. No doubt Walmart benefited early in the pandemic when it was recognized as a major retailer and allowed to keep its store doors open while many other businesses were forced to close. As a result, sales have grown for the company, which has boasted annual revenues of more than $500 billion for four consecutive years. The economy is reopening, creating...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Australian Employment Change for October was reported at -46.3K. Economists predicted a figure of 50.0K. Forex traders can compare this to the Australian Employment Change for September, reported at -138.0K. The Unemployment Rate for October was reported at 5.2%. Economists predicted a reading of 4.8%. Forex traders can compare this to the Unemployment Rate for September, reported at 4.6%. 40.4K Full-Time Positions and 5.9K Part-Time Positions were lost in October. Forex...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Over the past ten years, General Electric has steadily simplified its operations by selling or spinning off many non-core businesses. Now the famed industrial conglomerate has decided it no longer wants to be a conglomerate. On Tuesday, GE announced it was about to split into three separate publicly traded businesses, each specializing in one market. Here's why this could open up great prospects for GE stock over the next few years. Back in June 2018, GE stated that it...
