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2023-11-15 15:54:59 ET Summary PayPal stock is trading at 6-year lows — something or someone needs to turn it around. Enter Alex Chriss. He delivered a resounding earnings call, which could be summed up in just two simple, yet powerful, words. Meanwhile, PayPal trades a...
2023-11-14 16:27:38 ET Bridgewater Associates, the hedge fund founded by Ray Dalio, boosted its holdings in 3M Company ( NYSE: MMM ) to 71.3K shares from 63.7K shares, Abbott Laboratories ( NYSE: ABT ) to 2.07M shares from 1.82M shares, Best Buy Co. ( NYSE: BBY ) t...
2023-11-14 13:07:46 ET More on Block Block: Still Cautious On Near Term Block Addressed Our Concerns; Rating Upgrade Block: Nearing An Inflection Point Block stock climbs 12% as expense discipline seen driving profit growth Biggest stock movers today:...
2023-11-14 06:22:00 ET Earnings season is largely in the rearview mirror, and there are some growth stocks that reported not only impressive results, but clear paths to long-term profitability. And not only that, but some of the best results came from companies whose stocks are trading well...
Indigenous businesses across Australia that face barriers to finance and services from mainstream banks are set to benefit from a new fund being set up by First Australians Capital (FAC), a national Indigenous-led fund manager dedicated to helping Indigenous entrepreneurs grow and scale their bus...
2023-11-10 06:59:00 ET Despite strong bullish momentum for the broader market in 2023, many financial technologies stocks have continued to struggle this year. Notably, PayPal (NASDAQ: PYPL) has fallen 23% this year while Block (NYSE: SQ) is down 19%. Both stocks are now dow...
2023-11-10 06:15:00 ET Ark Invest, which is led by CEO Cathie Wood, has been making some interesting moves on the heels of recent earnings reports. While the firm opted to reduce holdings in streaming technologies specialist Roku (NASDAQ: ROKU) on Monday, it increased holdings in ...
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...
2023-11-08 07:13:00 ET Interest in cryptocurrencies has been rising this year. Bitcoin has more than doubled in value as the stock market has struggled, with investors appearing to gravitate to the digital currency in the wake of economic uncertainty. Much of its recent momentum has bee...
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2024-07-20 18:52:00 ET Block (NYSE: SQ) is at the forefront of the digital payments revolution and has gained 420%, or 21%, compounded annually since its public debut. With digital payments expected to explode, does Block have what it takes to make you a millionaire? Let's dive in a...
By joining forces, this partnership will allow avid Cash App and Android users to seamlessly pay and get access to millions of apps, games, music, movies, books, and more Today, Cash App announces its integration with Google Play, giving consumers a preferred alternative payment option ...
2024-07-18 04:03:00 ET Block (NYSE: SQ) hasn't been a winning investment in the past five years, with its shares losing 12% of their value since July 2019 (as of this writing). The S&P 500 , on the other hand, produced a total return of 103% during the same tim...