Source: PaxForex Premium Analytics Portal, Fundamental Insight Shares of Intel recently fell after the chip maker released its first-quarter results. The company's revenue dropped 1% year-over-year to $19.7 billion, but still, beat analysts' forecasts by $1.75 billion. Net income (non-GAAP) was down 6% to $5.7 billion. Non-GAAP EPS, supported by buybacks, fell 1% to $1.39 and beat expectations by $0.25. These numbers do not take into account the NAND business, which will be sold to SK Hynix, and other non-recurring items. Intel...
Source: PaxForex Premium Analytics Portal, Fundamental Insight German Retail Sales for March are predicted to increase 3.0% monthly and to decrease 0.3% annualized. Forex traders can compare this to German Retail Sales for February, which increased 1.2% monthly and decreased 9.0% annualized. The Spanish Markit Manufacturing PMI for April is predicted at 59.0. Forex traders can compare this to the Spanish Markit Manufacturing PMI for March, reported at 56.9. The Italian Markit/ADACI Manufacturing PMI for April is predicted at 61.0. Forex...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The decline in performance has been a label for AT&T for far too long. Over the past 25 years, the telecom company's stock price has risen only 25%. Over the same period, the S&P 500 has risen in value by nearly 540%. While the popularity of 5G networks offers the potential for AT&T stock to rebound, the stagnation in its stock price is likely to continue for the foreseeable future for the following reasons. AT&T has invested heavily in non-wireless assets....
Source: PaxForex Premium Analytics Portal, Fundamental Insight Australian Private Sector Credit for March increased 0.4% monthly and 1.0% annualized. Forex traders can compare this to Australian Private Sector Credit for February, which increased 0.2% monthly and 1.6% annualized. Australian Housing Credit for March increased 0.5% monthly. Forex traders can compare this to Australian Housing Credit for February, which increased 0.4% monthly. The Australian PPI for the first quarter increased by 0.4% quarterly and 0.2% annualized. Forex...
Source: PaxForex Premium Analytics Portal, Fundamental Insight American Express, the elite card company, has fallen on hard times after a coronavirus outbreak. Its stock fell on its Q1 earnings report after it missed the analysts` revenue forecast, but there were signs of a return to growth. In a normal year, American Express posted strong sales growth. 2020 wasn't exactly a normal year, and the company is still trying to weather the effects of cost-cutting. Does it mean you should cross American Express off your list of possible...
