SQ News and Press, Square Inc. Class A From 05/01/24

2024-05-01 17:16:38 ET Summary The Fed surprises with a dovish playbook with QT reduction timing. Equities initially rise but end in the red as profit-takers jump in after Chairman Powell's speech. CVS Health hits a 52-week low after reporting lower-than-expected Q1 financials...

2024-05-01 16:10:56 ET U.S. prosecutors are reportedly probing financial transactions at Block (NYSE: SQ) , asking tough questions about potential compliance lapses at the company's Square and Cash App divisions. The reports caught investors off guard, sending Block shares down abou...

2024-05-01 14:26:20 ET More on Block Block: Building Momentum Block: Top Fintech Growth Stock Poised For A Breakout Block: Success In Chasing A Big Market Opportunity Deserves A Higher Target Price Most ‘buy now, pay later’ users have come acros...

2024-05-01 09:13:21 ET More on Block Block: Building Momentum Block: Top Fintech Growth Stock Poised For A Breakout Block: Success In Chasing A Big Market Opportunity Deserves A Higher Target Price Most ‘buy now, pay later’ users have come acros...

2024-04-28 08:00:00 ET As the calendar flips from April to May, the upcoming week is set to bring a flurry of earnings reports from some of the world's most prominent companies. At the top of the list, updates are anticipated from tech giants Amazon ( NASDAQ: AMZN ) and Apple ( NA...

2024-04-26 14:32:21 ET More on Financial Select Sector SPDR ETF XLF: Why I Downgrade It To Hold Spotlight On CPI Report, AI Tech Events And Major Bank Earnings XLF: Far More Than Banks BofA watched clients retract $2B last week as the S&P dropped ...

2024-04-26 13:59:41 ET Summary PayPal is set to report Q1 2024 earnings. All eyes are on the ongoing turnaround. The story around the company is becoming more about sustainable profitability as opposed to growth at any cost. Meanwhile, the stock is now priced at extremely cons...

2024-04-25 17:46:10 ET Summary PayPal stock has cratered more than 80% since its peak in 2021 amidst a declining user base and slowing revenue growth. Stiff competition and challenges presented by Venmo and Braintree are pressuring PayPal's pricing power and transaction take rate....

2024-04-24 09:30:32 ET Summary Block’s monetization rate reached an all-time high in Q4. Management intends to live by its 12,000-employee cap for years. Block's balance sheet position and cash flow profile have never been better. Expect blowout Q1 earnings ahead. ...

2024-04-20 08:45:00 ET The stocks of leading fintech companies Block (NYSE: SQ) and Paypal (NASDAQ: PYPL) have been on rollercoaster rides the past few years. However, both stocks are set up to have strong years in 2024 and should be solid performers in the years to come. ...