Company
Block Inc
NYSE:SQ
Block Inc, formerly called Square, helps anyone take care of their business. Block's complete register service is a full point of sale with tools for every part of running a business, from accepting credit cards, to sales and inventory tracking, to small business financing.
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Fuller Treacy Comment of the Day - Block Shares Drop Most Since March After Earnings Disappointment, and more...
Comment of the Day7th August 2023Eoin TreacyAug 8Video commentary for August 7th 2023A link to today's video commentary is posted in the Subscriber's Area.Some of the topics discussed include: oil prices steady and chances of an embargo, st
The perils of sales and the buy now pay later trap
The thought of getting a bargain pushes us to spend based on a concept known as financial abstraction writes Wealth Within co-founder and chief analyst Dale Gillham. Financial abstraction is why companies such as Block (who owns Square and
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Nasdaq slips 1.7% as US markets fall for fourth consecutive day
At the close the Dow Jones Industrial Average was down 147 points, or 0.46%, to 32,001, the S&P 500 slipped 40 points, or 1.07%, to 3,720 and the Nasdaq Composite declined 182 points, or 1.73%, to 10,343.
Jack Dorsey is no longer chief executive, says he's 'Block Head' now
The moves follows in the footsteps of Elon Musk who is 'Technoking of Tesla', or so he would have it
Will Square investors follow Jack Dorsey around the Block?
The company's name changes next week, on December 10.
Bitcoin bull Jack Dorsey set for busy 2022 as ex-Twitter boss can focus on Square
As Zuckerberg moves beyond Facebook to create virtual worlds, Twitter co-founder Dorsey is focussing on virtual money.
Square targets bitcoin mining for next crypto venture
"There isn't enough incentive today for individuals to overcome the complexity of running a miner for themselves"
ASX moves higher as Palmer dumps Qantas and an RBA review is speculated
A review was mooted after the Organisation for Economic Cooperation and Development said a review into the RBA’s monetary policy framework was warranted, noting underlying inflation has undershot its 2-3% target band since 2015.
Bitcoin revenues treble at Jack Dorsey’s CashApp
CashApp unit made a gross profit of US$546mln, up 94% year-on-year, whilst fintech parent company reported US$204mln of net income.
Square snaps up Australian ‘buy now pay later’ firm Afterpay in multi-billion dollar swoop
The payments firm, run by Twitter CEO Jack Dorsey, will acquire Melbourne-based Afterpay for US$29bn, the largest takeover in Australia’s history
ARK Investment ups stake in Square following crypto product plans
Square's CEO, Twitter founder Jack Dorsey, said the firm will create a new business focused on building “an open developer platform” that will make it easier to create “non-custodial, permissionless, and decentralized financial services”
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Square Buys $170 Million More Bitcoin, Deepening Crypto Bet
Square Inc. said it purchased $170 million in Bitcoin, further committing to the cryptocurrency and raising its holdings to about 5% of the company’s cash and equivalents. The announcement came Tuesday as Square reported that cryptocurrency
Twitter CEO Jack Dorsey’s Square nets billions from Bitcoin sales
The payments company said in its results statement overnight that selling the digital currency through its Cash App service over 2020 had allowed it to rake in around US$4.6bn in revenue
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Wall Street ends mixed as Fed testimony drives late trading push
Tesla went from down more than 13% to close just 2.2% lower at $698.84
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The Next Phase of the V
#1: A global synchronous recovery: We expect a broad-based recovery, both geographically and sectorally, to take hold from March/April onwards. Driving this synchronous recovery will be a more expansive reopening of economies worldwide and
Investments and investor services
LATE MOVERS: Tesla shares slip after news of $35,000 Model 3’s launch
Also on the move are Booking Holdings, Box Inc, Bristol-Myers Squibb, Celgene, Gap, HP and Nordstrom
MORNING MOVERS: Celgene crashes as Bristol-Myers takeover thrown into doubt
Also in play in are Square Inc, Box Inc and HP Inc
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EARLY MOVERS: Celgene crashes in pre-market as Bristol-Myers takeover thrown into doubt
Also in play in pre-market deals New York is Square Inc and Box Inc
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EARLY MOVERS: Celgene crashes in pre-market as Bristol-Myers takeover thrown into doubt
Also in play in pre-market deals New York is Square Inc and Box Inc
CryptoCann™ Report: Seagate and IBM partner to fight counterfeiters with blockchain; privacy breach affects 4,500 Ontario Cannabis Store customers
Square released strong third-quarter results after the closing bell that included its Bitcoin sales
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EARLY MOVERS: Qualcomm shares lag in pre-market as Apple battle weighs; Roku Inc plunges despite latest earnings
Also in play before the New York bell are Wynn Resorts, the hotel and casino group and Square Inc
EARLY MOVERS: Square shares fall and Compugen shares surge on Bristol-Myers Squibb investment as stock markets in turmoil
Also in focus before the New York bell is taxi app titan Uber and Hurricane Michael
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EARLY MOVERS: Manchester United kicking it on the trending front, while Cintas Corp takes a dive despite strong earnings
Also in the frame, in pre-market New York deals was Square Inc, which has launched a new mobile app and KB Home
CryptoCann™ Report: Square CEO Jack Dorsey sees Bitcoin as the internet’s single currency; Wall Street gets high on Tillray
World Bank unveils world’s first ‘Blockchain Bond’
Daily CryptoCann™ Report: Square doubled its Bitcoin profits in 2Q; New Bridge Global Ventures scoops up six California cannabis companies
Payment processor Square saw profits from Bitcoin nearly double to US$420,000 in its second quarter
Hardware & electrical equipment
Square Inc. reports better-than-expected earnings and revenue; but forecasts miss expectations
Shares of Square were down as much as 2.5% in after-hours trading
Daily CryptoCann Report: Square adds Bitcoin capability; Italy struggling to meet demand for medical marijuana
Italians are turning to the black market to fill medical marijuana prescriptions as the military-run facility fails to meet demand
Hardware & electrical equipment
Square stock rises as analysts weigh in favorably on Weebly acquisition, updated financial outlook
Needham analyst Mayank Tandon raised his price target on the stock to US$65, while Wedbush is still Neutral
Wedbush is Neutral on Square citing slight guidance raise, valuation concern
Investors sour on Square after digesting that its bitcoin business is going nowhere
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Dow recovers its losses by the closing bell
Tesla was a top decliner of the day after its CEO's comments to investors on a earnings call
Square earnings and outlook disappoint as losses widen on high costs
The fintech provided mixed guidance for the second quarter
21st Century Fox, Square Inc, CenturyLink Inc - AFTER HOURS
US benchmarks reached record highs at the close, and after the bell several stocks were in play.
Square posts forecast-beating revenue in the third quarter
Square's third quarter revenue beat market forecasts
21st Century Fox, Square Inc, CenturyLink Inc - AFTER HOURS
We take a look at what was moving the needle after hours in New York
Square looking to ramp up Euro operations
Until recently, Square's payments service has only been available in the United States, Canada, Japan and Australia.
Square slammed as Q1 falls short of market expectations
The NYSE stock is set to open nearly 20% lower than Thursday’s close after first quarter results fell short of Wall Street expectations.
Trending: A long day for Volkswagen in the USA
When corporate helmsmen opt to slug it out in the midst of a crisis, certain quarters of the investor fraternity grow cynical about the intentions of staying on and leaving "on a high". That cannot be said of German automotives group Volksw
Noble Energy postopones midstream unit IPO
The company says it will continue to evaluate the timing for the postponed offering "as market conditions develop."
Tech IPOs under fire as bears short unicorns
The Unicorn tag speaks to their supposed mythical existence, but, big US$1bn+ technology floats are increasingly common
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Wall Street fluctuates after Fed minutes
Health-care and energy-company shares fell while consumer, technology stocks advanced.
Square Inc. jumps more than 40% on trading debut
The mobile payments company raised about a third less than planned in its initial public offering.