Stocks that make news this week

Stocks that make news this week

Nvidia: a breakdown in plans

The British government is launching a national security investigation of Nvidia’s $40-billion deal to buy British chip design house Arm from SoftBank Group. That’s a big blow to US graphics processor company.

Outlook for the stock: further consolidation and correction are likely; only the return above $640 will allow the previous uptrend to resume.

Apple took a pause

Apple unveiled new products this week. Purple iPhone and AirTags, however, did little to move the stocks. The company’s earnings report on April 28 will be much more interesting for investors.  

Outlook for the stock: Apple is still good in the long-term; in the nearer time, there may be volatility, so we need to watch resistance at $138.

Philip Morris: good choice in the sector

The cigarette seller reported first-quarter profit and revenue that beat expectations. One of the reasons for the positive impact was the continued strength of IQOS, the company's smokeless products. However, the greater tobacco sector took a hit on the news that the US government plans to severely limit nicotine levels in cigarettes. This affected the company, although does not sell or market cigarettes in the US. 

Outlook for the stock: short-term correction, medium-term bullish.

Coinbase: the star 

The stock is available for trading in FBS Trader. By the way, Cathie Wood-led Ark Investment Management bought another 236,348 shares of cryptocurrency exchange. As cryptocurrencies seem to be on the verge of larger recognition by the regulators, the prospects of Coinbase seem very interesting.

Outlook for the stock: the stock declined to the levels around $300 in the months after the IPO, but analysts say it can be worth $400 and more.

Don't know how to trade stocks? Here are some simple steps.

  1. First of all, be sure you’ve downloaded FBS Trader app or Metatrader 5. FBS allows you to trade stocks only through this software.
  2. Open an account in FBS Trader or the MT5 account in your personal area.
  3. Start trading!

                                                                                                  TRADE NOW

Similar

Latest news

Weak USD, Gold and China's Stocks Recover
Weak USD, Gold and China's Stocks Recover

The Fed held a much-awaited meeting yesterday. The bank hasn’t made any policy changes. As a result, the USD weakened and EUR/USD rocketed. Jump in to know all the latest news!

Gold and Bitcoin Rise, Fed is Eyed
Gold and Bitcoin Rise, Fed is Eyed

Today the Fed will make a policy statement at 21:00 GMT+3. This event will affect all the currency pairs with the USD and thus almost the all Forex market!

Deposit with your local payment systems

Learn more

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera