Source: PaxForex Premium Analytics Portal, Fundamental Insight eBay stock has been on a roll in 2021. Investors have favored the company's low-asset business model, which has seen a surge in customers and spending since the pandemic. The stock is up nearly 39% year-to-date, and it continues to break new records. As a result, some investors are asking: Does eBay stock have an opportunity to go even higher? Like many other online platforms, eBay's business rose sharply during the pandemic. From the fourth quarter of 2019...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Australian AiG Construction Index for June was reported at 55.5. Forex traders can compare this to the Australian AiG Construction Index for May, reported at 58.3. The Final Australian Markit Services PMI for June was reported at 56.8, and the Final Australian Markit Composite PMI at 56.7. Forex traders can compare this to the Australian Markit Services PMI for May, reported at 58.0, and to the Final Australian Markit Composite PMI, reported at 58.0. The Australian Melbourne...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Since the release of its first Roadster in 2008, Tesla has not been looking back. Over the years, the company has proved many of its skeptics wrong. Tesla rightfully deserves praise for its ongoing transformation of the auto industry from internal combustion engine vehicles to electric vehicles. The company is already a threat to the decades-long dominance of legacy car companies. Let's take a look at where Tesla could be in 10 years. Tesla sold 499,550 electric cars last...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The US NFP Report for June is predicted to show 700K job additions and an unemployment rate of 5.7%. Forex traders can compare this to the US NFP Report for May, which showed 559K job additions and an unemployment rate of 5.8%. Private Payrolls for June are predicted to show 600K job additions and Manufacturing Payrolls 28K job additions. Forex traders can compare this to Private Payrolls for May, which showed 492K job additions, and to Manufacturing Payrolls, which showed 23K...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Imagine you have a product that made $919 million in sales last year. Now imagine having to stop supplying that product not just to one market, but all over the world. That is precisely the situation that Pfizer is in right now. The health care giant recently announced that it has halted the global distribution of the drug Chantix. This anti-smoking drug ranked eighth among the company's best-selling products in 2020. Below, we'll tell you why Pfizer has halted...
