Source: PaxForex Premium Analytics Portal, Fundamental Insight Apple shares jumped to a record high level after the quarterly earnings report. The tech giant's market capitalization exceeded $2 trillion. But with the recent fall in Apple shares, many investors are wondering if it is worth investing in these shares right now. Apple has repeatedly been a striking example of an American success story. At first, it ignited a revolution in personal computers in the 1970s, when Apple II appeared. Then invented the PC in the 1980s, releasing...
Source: PaxForex Premium Analytics Portal, Fundamental Insight The UK Employment Change for the tri-monthly period ending in July was reported at -12K, and the ILO Unemployment Rate was reported at 4.1%. Economists predicted a reading of -125K and 4.1%. Forex traders can compare this to the UK Employment Change for June, reported at 220K, and to the ILO Unemployment Rate, reported at 3.9%. Average Weekly Earnings for the tri-monthly period ending in July decreased by 1.0% annualized, and Average Weekly Earnings Excluding Bonuses increased...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Intel shares are traded 18% lower than last year, 14% above its March bottom. Meanwhile, the S&P 500 grew by 4% in 2020 and Intel Advanced Micro Devices by 72%. Critics argue that the recent Intel manufacturing problem in its 7-nanometer chips allows AMD to take a share of the data center and home computing market. It is particularly unpleasant at a time when the home computing policy is stimulating a high demand for this category of products. The production problems are so...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Final Japanese Industrial Production for July increased by 8.7% monthly and decreased by 15.5% annualized. Forex traders can compare this to Japanese Industrial Production for June, which increased by 1.9% monthly, and which decreased by 18.2% annualized. Capacity Utilization for July increased by 9.6% monthly. Forex traders can compare this to Capacity Utilization for June, which increased by 6.2% monthly. The Japanese Tertiary Industry Index for July decreased by 0.5%...
Source: PaxForex Premium Analytics Portal, Fundamental Insight Most of the latest news from social networks has focused on TikTok, a hit application for short videos from Chinese company ByteDance. It is not surprising; its potential acquisition by a major U.S. technology company could happen in the coming days, and it was in the center of the U.S.-Chinese trade war. You and I will not be able to buy TikTok right now. However, a lot is going on in the social networking world. The COVID-19 pandemic has led to an interesting dynamic in which...
