BSQKZ News and Press, Block From 12/13/23

2023-12-13 20:16:43 ET Summary Coatue Management's 13F portfolio value decreased from $20.41B to $19.71B in Q3 2023. The largest five stakes in the portfolio are Nvidia, Meta Platforms, Amazon.com, Advanced Micro Devices, and Microsoft. New stakes include Shopify, Maplebear In...

2023-12-02 12:30:00 ET Summary The average stock in the large-cap Russell 1,000 rose 9.77% in November, and 38 stocks gained more than 30%, 14 rallied more than 40%, and seven surged more than 50%. We've expanded the universe to show the top-performing stocks in the Russell 3000 i...

2023-11-30 09:00:00 ET Summary Block, Inc. expects to become GAAP profitable in 2024 and has seen strong cash flow generation and improved free cash flow. Jack Dorsey's return as head of Block is seen as a positive driver for the stock. Block reported blowout earnings, raised ...

2023-11-24 09:54:13 ET Summary The financial sector has positive momentum, but performance remains modest on a yearly basis. PayPal is a leader in the payment processing industry with a large user base, while Block has faced accusations of overstating its user count. The globa...

2023-11-17 06:58:22 ET Summary Block Inc. is a fintech company that has seen its stock price drop by 80%, presenting a potential buying opportunity. The company's main business is Square + Cash App, which offers a cohesive commerce ecosystem and financial products for individuals....

2023-11-09 12:00:42 ET Summary We are maintaining our Hold on Block. Consistent with our expectations, Block’s gross profit growth decelerated, and we expect gross profit to remain under pressure through 2024. SQ stock has declined about 16% in the last three months and...

2023-11-09 11:32:53 ET Summary Block's stock surges by 17% following strong earnings and guidance that exceeded expectations. The company announced a $1 billion share buyback program to offset dilution caused by share-based compensation. Block's focus on efficiency and profita...

2023-11-07 11:16:40 ET Summary Worldline reports disappointing Q3 earnings results, leading to a sharp decline in its stock and impacting other payment companies. Over the last two weeks, shares in both Worldline and Paycom corrected sharply in the wake of earnings. So far, Am...

2023-11-05 09:50:00 ET Summary Baron is an asset management firm focused on delivering growth equity investment solutions known for a long-term, fundamental, active approach to growth investing. Baron FinTech Fund outperformed the FactSet Global FinTech Index in Q3 2023, rising 1....

2023-11-05 05:45:00 ET Summary Baron is an asset management firm focused on delivering growth equity investment solutions known for a long-term, fundamental, active approach to growth investing. Baron Fifth Avenue Growth Fund lost 3.5% in Q3, in line with benchmarks. Fundament...