Source: PaxForex Premium Analytics Portal, Fundamental Insight No doubt, eBay shareholders had a fantastic 2020, as stock prices comfortably outperformed the wider market during the pandemic-driven e-commerce boom. To be fair, companies like Amazon and Shopify did better. But eBay's nearly 40 percent jump in stock prices showed some big operational accomplishments and outperformed other big online businesses, including Walmart. Investors will soon find out how well eBay has done in 2020, as we'll get a report for the fourth,...
Source: PaxForex Premium Analytics Portal, Fundamental Insight German Retail Sales for December are predicted to decrease by 2.6% monthly and to increase by 5.0% annualized. Forex traders can compare this to German Retail Sales for November, which increased by 1.9% monthly and 5.6% annualized. The Spanish Markit Manufacturing PMI for January is predicted at 50.9. Forex traders can compare this to the Spanish Markit Manufacturing PMI for December, reported at 51.0. The Italian Markit/ADACI Manufacturing PMI for January is predicted at 52.4...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Investors had high hopes for General Electric's fourth-quarter earnings report. Three months ago, the company had projected that its industrials would generate at least $2.5 billion in free cash flow in the last quarter of the year. GE, on the other hand, lost nearly $3.8 billion in the first nine months of 2020 as a result of pandemic and seasonal factors. GE surpassed that forecast as it continues to make plans to undervalue and outperform under the leadership of CEO...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The Swiss KOF Leading Indicator for January is predicted at 102.0. Forex traders can compare this to the Swiss KOF Leading Indicator for December, reported at 104.3. The US Employment Cost Index for the fourth quarter is predicted to increase by 0.5% quarterly. Forex traders can compare this to the US Employment Cost Index for the third quarter, which increased by 0.5% quarterly. The US Chicago PMI for January is predicted at 58.5. Forex traders can compare this to the US...
Source: PaxForex Premium Analytics Portal, Fundamental Insight In recent years, International Business Machines, more commonly known as IBM, has focused on its growing business processes, such as cloud computing and artificial intelligence (AI). Nevertheless, this adjustment in priorities has yet to drive strong quarterly results. During the tech giant's fourth-quarter earnings conference call last week, management reiterated its optimism about revenue and free cash flow growth over the next two years. Stock trading results on the day...
