GOOD WEEK

C3.ai Inc. +21.59% (AI) is a software company that provides enterprise artificial intelligence (AI) software solutions. The stock reached a high of $76.24 per share. Overall, the stock has experienced some volatility but remains relatively stable.

Pacific Biosciences of California Inc. (PACB) +18.65% is a biotechnology company that specializes in DNA sequencing technology. This week, the company's stock has seen a positive performance. 

BAD WEEK

Bank of Montreal MicroSectors FANG Index 3X Inverse Leveraged ETN Exp 8 (FNGD) -8.12% is an exchange-traded note that aims to provide investors with inverse leveraged exposure to the NYSE® FANG+™ Index.  The stock experienced a loss of around 11% in just one week, indicating a challenging week.

GDS Holdings Ltd - ADR (GDS) -6.79% is a China-based company that provides data center and cloud computing services. The drop in GDS's stock price could be attributed to several factors, including the general market volatility, the ongoing trade tensions between China and the US, and concerns over the economic slowdown in China. Despite the recent setback, GDS remains a key player in the rapidly growing Chinese data center market, and the company's long-term prospects continue to be promising.

WHAT ELSE HAPPENED

Big players like Apple, Microsoft, and Amazon all saw gains this week, with Apple hitting a new all-time high. This is likely due to the positive news around the vaccine rollout and the easing of COVID-19 restrictions in many places, which could lead to increased consumer spending on technology.

Meanwhile, the financial sector had a mixed week. Some big banks like JPMorgan Chase and Goldman Sachs saw gains, but others like Wells Fargo and Bank of America saw losses. This is likely due to a combination of factors, including the recent sell-off of government bonds and concerns around inflation.

GET IN ON THE ACTION

If you are interested in opening a trading account with CSB, enquire with one of our friendly Banking officers or get started online by setting up an account today.