Source: PaxForex Premium Analytics Portal, Fundamental Insight Software giant Microsoft is essentially a true landlord of technology: Much of the global technology sector is reliant on its systems, both for work and home. Considering that Microsoft is one of the longtime blue-chip companies, it also has quite a few good prospects for growth. Despite a 19% increase in revenue and a 44% increase in net income in the third quarter of fiscal 2021, the company's stock has tumbled about 5% since the earnings report was released in late April...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Australian NAB Business Conditions for April were reported at 32 and Australian NAB Business Confidence at 26. Forex traders can compare this to NAB Business Conditions for March reported at 25, and Australian NAB Business Confidence reported at 17. Australian Retail Sales for March increased by 1.3% monthly. Economists predicted an increase of 1.4% monthly. Forex traders can compare this to Australian Retail Sales for February, which decreased by 0.8% monthly. Australian...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Everyone knows the name Google pretty well. And we all deal with its products and services on a daily basis. Established 23 years ago, Google (part of parent company Alphabet) has evolved into one of the largest companies in the world. And undoubtedly, it's also one of the most popular stocks. Notwithstanding its reputation and huge size, there are still a few little-known details about Alphabet and Google that current and potential investors may find very important. Let...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The US NFP Report for April is predicted to show 978K job additions and an unemployment rate of 5.8%. Forex traders can compare this to the US NFP Report for March, which showed 916K job additions and an unemployment rate of 6.0%. Private Payrolls for April are predicted to show 893K job additions and Manufacturing Payrolls 55K job additions. Forex traders can compare this to Private Payrolls for March, which showed 780K job additions, and to Manufacturing Payrolls, which showed...
Source: PaxForex Premium Analytics Portal, Fundamental Insight FAANG investors were over the moon in the current earnings season. While it may be too prosaic to say that investors should only hold these stocks, it seems that the benefits of the major tech company platforms have only been amplified and strengthened by the coronavirus pandemic. Attracting a more active audience, and now that the situation is getting better, these tech giants' earnings are on the rise. You couldn't go wrong with any of the big companies in the first...
