Source: PaxForex Premium Analytics Portal, Fundamental Insight Praise be to Alphabet for looking beyond search engines and search-based advertising for opportunities. YouTube and its cloud computing services division have been hugely successful, providing at least some of the company's share gains in recent years. These businesses have also smoothed out potential fluctuations in revenue from one quarter to the next. For reference, however, the company's largest revenue-generating business is still search by a wide margin. Both...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Singapore Industrial Production for June decreased 3.0% monthly and increased 27.5% annualized. Economists predicted a decrease of 0.3% and an increase of 26.3%. Forex traders can compare this to Singapore Industrial Production for May, which increased 4.4% monthly and 27.0% annualized. The German IFO Business Climate Index for July is predicted at 102.2. Forex traders can compare this to the German IFO Business Climate Index for June, reported at 101.8. The German IFO...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Disney has had an epic rise this century, acquiring Pixar, Marvel, and Lucasfilm and then launching the fastest-growing streaming service in history. But the growth story of these media stocks may be just beginning. The combination of Disney+, Hulu, and ESPN+ brings the whole world of new possibilities for Disney to develop its business. At the same time, it gets rid of the middlemen who have long managed how Disney reaches consumers. As a result, the company becomes even...
Source: PaxForex Premium Analytics Portal, Fundamental Insight UK Retail Sales for June increased 0.5% monthly and 9.7% annualized. Economists predicted an increase of 0.4% and 9.6%. Forex traders can compare this to UK Retail Sales for May, which decreased 1.3% monthly and increased 24.6% annualized. UK Core Retail Sales for June increased 0.3% monthly and 7.4% annualized. Economists predicted an increase of 0.6% and 8.2%. Forex traders can compare this to UK Core Retail Sales for May, which decreased 2.0% monthly and increased 21.7%...
Source: PaxForex Premium Analytics Portal, Fundamental Insight IBM just posted its best quarter in years. This tech giant demonstrated very modest overall revenue growth in the second quarter of 2021, but an expansion in its cloud computing business, driven by its flagship Red Hat, which the company acquired in 2019. For income-seeking investors, IBM is a great dividend stock right now, and the hope is that growth will be even stronger after the Kyndryl spin-off is completed by the end of this year. Here are several reasons why IBM is one...
