ONLINE FOREX BROKER
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 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.
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.
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.
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Every year in early autumn Apple holds its event where it presents new iPhones, Apple Watches, and iPads. This year wasn’t an exclusion. But yesterday’s presentation didn’t result in Apple stock growth, and here’s why.
Richard Branson offloaded nearly 10 million shares, which equals about 4% of the Virgin Galactic stock, leaving him with an 18% stake.
Today at 00:00 GMT+3 SPCE will present the second quarter 2021 financial results. We will get to know everything about the company's financial condition and plans.
About 24% of global central banks intend to increase gold reserves in 2023. Rising inflation, geopolitical turmoil, and worries about interest rates are reasons to increase gold reserves.
Greetings to a brand new week full of events, economic releases and US debt frictions. We are here to tell you everything you need to know!
The US dollar index breaks one resistance after another. Read the report to learn the next target for the US dollar index!
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