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2024-05-14 17:04:20 ET Summary Block remains a compelling investment despite a federal probe into its cryptocurrency transactions. The company reported strong financial results, with gross profits exceeding guidance and adjusted operating income handily beating guidance. Manag...
2024-05-14 10:37:00 ET The stock market reacted to Block 's (NYSE: SQ) first-quarter earnings report last week. The fintech stock initially jumped out of the gate as Wall Street applauded better-than-expected results on the top and bottom lines, but the gains didn't stick. By the en...
2024-05-14 10:00:00 ET Summary PayPal is facing significant challenges as fintech rivals and increasingly tech-savvy banks expand into its territory. Recent strategic efforts by PayPal's new management, including Fastlane and PPCP, haven't adequately addressed the fundamental chal...
Afterpay’s SMB merchant network has grown by 55% in 2023, helping more businesses connect with younger consumers. 1 Amidst challenging economic times, younger consumers made up the largest segment of those shopping small and medium sized businesses (SMBs) through Afterpay ove...
2024-05-14 08:49:25 ET More on Klarna Klarna in talks for potential IPO as soon as Q3 2024 - report Financial information for Klarna Read the full article on Seeking Alpha For further details see: Klarna IPO in US may come in 1Q 2025 - report
2024-05-12 06:39:00 ET The price of Bitcoin (CRYPTO: BTC) is primarily determined by the law of supply and demand . Since there's a fixed supply of the cryptocurrency, growing demand will lead to a higher price. And demand could be increasing due to a big new buyer. Jack Dor...
2024-05-11 05:52:00 ET Stocks have surged higher over the past year-and-a-half, and the S&P 500 index is firmly in a bull market that began in October 2022. Despite the run-up in the broader market index, excellent investing opportunities exist today. Block (NYSE: SQ) ...
2024-05-10 16:09:12 ET Summary The proposed interchange settlement is a positive for networks. Merchants benefit w/ lower prices, steering and surcharging. Hopefully, Senator Durbin stops his CCCA agenda. Interchange Settlement May 2024 We Hope Senator Du...
2024-05-09 11:15:12 ET More on S&P 500 Index: S&P 500: After A Short And Shallow Dip, What Now? S&P 500 Earnings Season Suggest A Dire 2024 Forecast Excess Pandemic Savings Are Gone - Consumers 'On The Ropes' WF’s Scott Wren: The S&P 50...
2024-05-08 18:00:40 ET Shares of Block (NYSE: SQ) fell 13.7% last month, according to data from S&P Global Market Intelligence . A combination of a downgraded analyst rating and challenging market conditions pushed the fintech stock lower, but it reversed some of those l...
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2024-05-14 10:37:00 ET The stock market reacted to Block 's (NYSE: SQ) first-quarter earnings report last week. The fintech stock initially jumped out of the gate as Wall Street applauded better-than-expected results on the top and bottom lines, but the gains didn't stick. By the en...
Afterpay’s SMB merchant network has grown by 55% in 2023, helping more businesses connect with younger consumers. 1 Amidst challenging economic times, younger consumers made up the largest segment of those shopping small and medium sized businesses (SMBs) through Afterpay ove...
On Monday, Cathie Wood’s Ark Invest made some significant trades, the most notable being the purchase of Shopify Inc (NYSE:SHOP) shares and t...