Source: PaxForex Premium Analytics Portal, Fundamental Insight The T company surprised shareholders last month with two statements. First, the company is going to get rid of WarnerMedia and merge it with Discovery, ending its pricey attempt to become a media giant after acquiring Time Warner three years ago. Second, the company announced a dividend cut after the spin-off, stopping its 36-year streak of annual dividend increases and leaving the prestigious group of Dividend Aristocrats. AT&T says the dividend cut reflects the sale of...
Source: PaxForex Premium Analytics Portal, Fundamental Insight With global inflation surging well above forecasts, central banks start to acknowledge that the situation may not be as tame as they initially thought. Ongoing supply system shocks after several Chinese ports went into lockdown mode following Covid-19 outbreaks of the Delta variant add to a global system already in distress. It adds to other sectors experiencing shortages and adds to inflationary pressures. Central banks, especially the US Federal Reserve and the European...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Facebook's dominance in the segment of the social network is staggering. As of the end of March, the company had 2.85 billion monthly active users (MAUs) visiting its namesake site, and another 600 million unique MAUs visiting WhatsApp and Instagram, which are also owned by Facebook. Thus, 3.45 billion people, or 44% of the world's population, visit one of the products owned by Facebook at least once a month. With that many users, Facebook has a huge price impact on...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Japanese National CPI for May increased 0.3% monthly and decreased 0.1% annualized. Forex traders can compare this to the Japanese National CPI for April, which decreased 0.4% monthly and 0.4% annualized. The Japanese National Core CPI for May increased by 0.1% annualized. Economists predicted an increase of 0.1%. Forex traders can compare this to the Japanese National Core CPI for April, which decreased 0.1% annualized. The Bank of Japan decided to keep interest rates at -0...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Retail giant Walmart has held the top spot in revenue among publicly traded companies for about 20 years (it displaced ExxonMobil from that throne in 2001). Thanks to its discount sales business model and steady growth in the number of stores across the U.S. and around the world (about 10,500 worldwide), the company generated about $560 billion in annual revenue in the fiscal year 2021. E-commerce giant Amazon has broken through the ranks of publicly traded companies and took...
