European Central Bank says Bitcoin is dead

The European Central Bank is painting a very pessimistic outlook for Bitcoin (BTC/USD), noting that the flagship cryptocurrency is now at its “last stand” and could be on its way to “irrelevance.” As to the why of this outlook, the ECB points to Bitcoin’s crash from  (highs of $69,000 reached in November 2021, to lows […]

UK financial sector has given new targets to address diversity in executive positions

According to a task force supported by the government, the financial services industry in the UK should do more to reach the ‘class’ limit, with new goals calling for 50% of senior executives to be drawn from low socioeconomic or working-class backgrounds by 2030. On Wednesday, the City of London Corporation, overseeing the British financial sector, stated that the changes […]

Lloyds share price outlook for December 2022

Lloyds (LON: LLOY) share price had a strong performance in November as stocks rebounded. The stock surged to a high of 47.38p, which was the highest level since September 22. In total, the stock rose by more than 22% from its lowest level in October. UK recession risks Lloyds Bank is one of the biggest […]

Should you buy Salesforce stock on the post-earnings dip?

Shares of Salesforce Inc (NYSE: CRM) are trading down after the bell even though the cloud company reported better-than-expected results for its third financial quarter in the face of a rather difficult economic backdrop. Here’s why Salesforce stock is in the red The stock is responding to guidance that didn’t quite meet the expectations. Salesforce […]

Okta stock just popped up 15%: explained here

Okta Inc (NASDAQ: OKTA) is up more than 15% in extended trading after the identity management company said it broke even in its third financial quarter. Okta Inc issued upbeat guidance for the future Investors are also celebrating the guidance that suggests things will get even better moving forward. For Q4, Okta now forecasts 9 […]