Cloudflare (NYSE: NET) started 2024 strong with a solid set of results in February that sent its shares soaring. However, the stock's red-hot rally came to a screeching halt last week following the release of its latest quarterly numbers.The cloud, cybersecurity, and internet services provider released its first-quarter 2024 results on May 2, and the stock plunged 16%.
Open FlipCoinbase will remain a linchpin and bellwether of the growing cryptocurrency market, while MicroStrategy is simply a slow-growth software company that is betting the farm on Bitcoin. Coinbase is also growing faster and trades at lower valuations than MicroStrategy. Coinbase is clearly a more promising long-term investment than MicroStrategy right now.
Open FlipPayments and lending fintech firm Slice has appointed Kotak Mahindra Bank former senior executive Arvind Kathpalia as its chief risk adviser.In his new role, Kathpalia will work on building the capabilities of the newly-formed banking entity, formed post the merger of Slice and North East Small Finance Bank (NESFB), the company said in a statement on May 9.
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