85.72 -0.03 (-0.03%)
After hours: 6:51PM EDT
|Bid||85.15 x 900|
|Ask||85.75 x 1800|
|Day's Range||84.90 - 86.00|
|52 Week Range||58.76 - 92.35|
|PE Ratio (TTM)||51.07|
|Earnings Date||Oct 17, 2018 - Oct 22, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||96.05|
A new app called Extend makes expensing business charges easier. Yahoo Finance's Seana Smith, Dion Rabouin and Julia La Roche talk with Extend CEO, Andrew Jamison about the venture.
With Square (NYSE:SQ) shares priced 91 times next year’s projected profits and 11 times its trailing 12-month revenue, SQ stock won’t be winning any value awards anytime soon. Right or wrong, Square has turned itself into a story stock and a lifestyle company — a la Amazon.com (NASDAQ:AMZN) — that inspires investors to ignore fundamentals and focus on the importance of its ever-growing vertical and horizontal reach. Much like Amazon, Square is poking its finger into a lot of pies, becoming a centerpiece of personal money management.
Square’s (SQ) peer-to-peer payment service Cash app is now more popular than PayPal’s (PYPL) competing service Venmo, according to data from app research firm Sensor Tower and Wall Street firm Nomura Instinet. Cash app’s accumulative downloads hit 33.5 million at the end of July, surpassing Venmo’s cumulative downloads of 32.9 million, Nomura wrote in a research note cited by CNBC. The Cash app has never racked up more downloads than Venmo, so the data indicate a milestone for Square in its race with PayPal to dominate the peer-to-peer payment market.
Square (SQ) issued its earnings guidance for the third quarter and for 2018, which were both below the consensus estimate. It sparked a sell-off in the stock. The company is expecting its third-quarter adjusted EPS to be $0.08–$0.10. The market expects EPS of $0.13. For 2018, Square has forecast a loss per share of $0.17–$0.21, which is more than a $0.16 loss per share expected by the market.
Square (SQ) has updated its payment card readers to process chip card transactions faster, allowing sellers who use the readers to speed up the lines at their checkout terminals. Customers also benefit by not having to wait so long in line.
Since Tesla produced the first Roadster sports car in 2008, Tesla Motors Inc. (NASDAQ: TSLA) and its chief executive officer (CEO) Elon Musk have cemented their status as icons of technology and innovation. Now with big corporations like PepsiCo., Wal-Mart and Anheuser-Busch Inbev placing big orders for the electric semi-autonomous truck, Tesla is digging in deeper. While automakers such as Ford Motor Company (NYSE: F) and General Motors Company (NYSE: GM) have dabbled in electric vehicles as part of their larger lineups, Tesla is the most well-known name focusing solely on electric cars.
One of these two companies is growing its top and bottom lines at a torrid pace. The other looks to be a rare value stock in today's bull market. But which is a better buy now?
Amazon (AMZN) invested in at least six strategic firms over the four months ended July, according to CrunchBase data. The majority of the firms Amazon has recently invested in are in India, the country in which it has lined up more than $5.0 billion to grow its business.
Charter Communications (CHTR) is raising more funds that may end up in the pockets of its shareholders. The company recently said that it was selling notes maturing in 2024 to raise about $500.0 million. It said it intends to use the net proceeds from the notes sale for activities that include buying back some of its shares and paying down its outstanding debt.
Some options traders are betting shares of PayPal, Inc. ( PYPL) rise by over 7% over the next few weeks. Analysts see the payment processor’s stock rising too, by as much as 13% in the coming months. Forecasts are calling for strong earnings and revenue growth for the company over the next three years.
It’s been a stellar summer for payment processing company Square Inc. (NYSE:SQ). The company has released good news after good news, which has sent SQ stock 10% higher over the course of just 1 month.Safe Investments to Regularly Earn 12%-Plus
In April, Amazon (AMZN) said it was hiking its Prime membership fee from $99 per year to $119 per year. That move appeared to divide observers, with some expressing concern that a price hike could spark an exodus from Prime membership. Others supported a price hike that could help Amazon garner more revenues.