Source: PaxForex Premium Analytics Portal, Fundamental Insight Two years ago, Microsoft's market value exceeded $1 trillion for the first time. Several days ago, the company closed the trading day with a market value of more than $2 trillion. A company's market value, which is determined by multiplying the number of shares in circulation by the stock price, is not in itself a useful metric for investors. Still, it is surprising that Microsoft, one of the world's largest software companies, has doubled its value in such a short...
Source: PaxForex Premium Analytics Portal, Fundamental Insight While there is potential long-term value in Ethereum, if and when promised upgrades come to life, unlikely before the end of 2022. Reducing the carbon footprint is just one obstacle Ethereum and cryptocurrencies face. The surge in demand for DeFi projects and NFTs, many of which utilize the Ethereum blockchain, are likely to propel Ethereum above Bitcoin. In the short term, price action is poised to resume its downtrend. Institutional traders are not buying the dip, and many...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Walmart recently announced that its stores would remain closed on Thanksgiving this year. That's the second year in a row, and the company became the second major retailer, after Target, to say it would not be open during the holiday. Although stores were closed last year to contain the crowds during the COVID-19 pandemic, this may be the beginning of a trend that other retailers will follow. In fact, there may no longer be a reason for any of them to open on Thanksgiving...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The New Zealand Trade Balance for May was reported at NZ$469M monthly and at -NZ$60M 12-month year-to-date. Forex traders can compare this to the New Zealand Trade Balance for April, reported at NZ$414M monthly and NZ$760M 12-month year-to-date. Exports for May were reported at NZ$5.87B and Imports at NZ$5.40B. Forex traders can compare this to Exports for April, reported at NZ$5.40B, and to Imports, reported at NZ$4.99B. Singapore Industrial Production for May increased 7.2%...
Source: PaxForex Premium Analytics Portal, Fundamental Insight For a variety of reasons, investors pay attention to stocks with growing dividends. However, finding a stock with a great track record is crucial, but not enough - you also need some kind of proof that payouts will keep growing. Healthcare behemoth JNJ is the dividend king, with almost sixty successive annual dividend rises to its credit. But how likely is it that this will continue? Let's try to find out whether Johnson & Johnson's dividend is the most reliable in...