Investors neglected UK equities in recent years, as they barely trade above post-pandemic levels. In contrast, the US stock market rallied in response to the fiscal and monetary stimulus provided by the authorities in the United States. But 2023 sees US equities stalling. For example, the Dow Jones index is almost flat, up +0.61% YTD.… Continue reading 3 reasons to buy UK equities here and now
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British telecom giant BT Group to cut over 40% of its workforce
BT Group (LON: BT.A) is in focus today after announcing plans of lowering its headcount by more than 40% by the end of this decade. BT to cut about 55,000 jobs in total On Thursday, the British multinational said it will trim roughly 55,000 jobs in total over the next five to seven years. Nearly… Continue reading British telecom giant BT Group to cut over 40% of its workforce
Is Metacade a good bet in May? All about MCADE price action amid bullish Bitcoin metrics
Metacade (MCADE) started listing on major exchanges in early April. The first exchange that the token listed was the decentralised exchange Uniswap. Listings on BitMart and MEXC Global quickly followed that. The listing was influential as the token rose strongly from the final presale value of $0.020 to above $0.045. That underlined investor demand for… Continue reading Is Metacade a good bet in May? All about MCADE price action amid bullish Bitcoin metrics
AltSignals prediction as presale accelerates amid demand for trading signal service
AltSignals ($ASI) presale is fast approaching its conclusion. Over 69% of the tokens have been sold, with the token of the trading signal service raising over $748,862. Demand could skyrocket by the time the token lists on exchanges and push the price higher from the current $0.015. Presale buyers could have an edge as $ASI… Continue reading AltSignals prediction as presale accelerates amid demand for trading signal service
Affirm stock price has 2 key risks: here’ why I’m buying anyway
Affirm (NASDAQ: AFRM) stock price has crawled back in the past few days after the company published its financial results earlier this month. AFRM shares jumped to a high of $13.40 on Wednesday, the highest point in more than two months. It has jumped by over 50% from the lowest level this year. Affirm growth… Continue reading Affirm stock price has 2 key risks: here’ why I’m buying anyway
US has made crypto rules ‘as confusing as possible,’ Ripple CEO says
Brad Garlinghouse, the CEO of blockchain company Ripple, says that the US has made crypto regulations “as confusing as possible.” In crypto news this morning, the Ripple exec’s belief is that the confusion arising from regulatory confusion is pushing more crypto companies to leave the US. The Ripple exec made the comments during an interview… Continue reading US has made crypto rules ‘as confusing as possible,’ Ripple CEO says
Workhorse stock price: debt-free but dilution risks remain
Workhorse Group (NASDAQ: WKHS) stock price has been in a strong bearish trend as concerns about electric vehicle companies continued. The shares dropped to a low of $1.03, the lowest level since May 19th. At its peak, the stock was trading at $43.11, meaning investors have lost billions in the past few years. Is Workhorse… Continue reading Workhorse stock price: debt-free but dilution risks remain
Nikola stock price analysis: dangerous to short at current level
Nikola (NASDAQ: NKLA) stock price is sitting at its all-time low as concerns about the company’s future remain. The car company, once valued at billions, has now become a penny stock trading at $0.73. This price is about 99% below its all-time high, giving it a market cap of over $480 million. Existential risks remains… Continue reading Nikola stock price analysis: dangerous to short at current level
Who wants to buy European luxury goods? It seems everybody does
European luxury goods are “on fire.” Despite the economic challenges posed by high inflation and war in Eastern Europe, the local luxury industry found a way to shine in this environment. Asian buyers are desperate to own European brands. But they are not alone. In fact, Americans have the largest share, of about 30% of… Continue reading Who wants to buy European luxury goods? It seems everybody does
