Momentum
Previous Close | 65.98 |
Open | 66.50 |
Bid | 67.03 x 2200 |
Ask | 67.11 x 900 |
Day's Range | 66.39 - 67.61 |
52 Week Range | 51.34 - 93.19 |
Volume | |
Avg. Volume | 15,091,273 |
Market Cap | 40.646B |
Beta (5Y Monthly) | 2.34 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -0.62 |
Earnings Date | Aug 02, 2023 - Aug 07, 2023 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | 86.15 |
A federal consumer watchdog has shined a spotlight on popular payment apps and issued an important warning.
Square stock bulls focus on its Cash App and Afterpay synergies but bears worry over Bitcoin and a possible recession.
Many investors define successful investing as beating the market average over the long term. But if you try your hand...
NEW YORK, May 31, 2023--Today, global music platform TIDAL is introducing TIDAL Artist Home, a new hub for TIDAL products designed to help make it easier for artists to solely focus on their art. Once signed up, artists will be able to manage how fans see their TIDAL profile, as well as get early access to the latest products and resources built for artists.
Patience is one of investors' most important qualities. Investors should apply it to Roku and Block.
There wouldn't be many who think Block, Inc.'s ( NYSE:SQ ) price-to-sales (or "P/S") ratio of 2x is worth a mention...
Shares of fintech company Block (NYSE: SQ) are down nearly 80% from their all-time highs, and they're down roughly 1% year to date as well. The report outlined a long list of potential reasons for a 75% downside in Block stock, spooking investors. Of course, Block's management promptly rebutted some of Hindenburg's claims.
(Bloomberg) -- Australia’s government moved to regulate buy now, pay later finance firms under credit laws, drawing the line on a months-long process aimed at tightening requirements on the maturing industry. Most Read from BloombergChina’s $23 Trillion Local Debt Mess Is About to Get WorseMeta Fined Record €1.2 Billion in EU Over US Data TransfersBiden Says US-China Relations Set to Improve ‘Very Shortly’Mexico Raises Alert Level on Volcano Rumbling Near CapitalFirms will need to adhere to resp
Over the past eighteen months, shares in Cash App and Square parent Block (NYSE:SQ) have fallen in price by around 75%. With this, many investors may believe that the worst is already priced-in with SQ stock. But while Block’s valuation is a lot more reasonable today than it was in late 2021, don’t assume that it has become a bargain. As I have argued previously, it’s possible that the market is too confident in the fintech firm’s growth prospects. This is because of growing odds of a severe eco
The Yahoo Finance Live team discusses Wells Fargo paying $1 billion to settle its shareholder lawsuit, the company's previous controversies, and banking sector turmoil.
SAN FRANCISCO, May 16, 2023--Today, technology company Square announced new growth metrics and products for Square for Restaurants, its suite of offerings for restaurants and food and beverage businesses. The company has served hundreds of thousands of food and beverage businesses over the past decade and has grown upmarket over the last year as it continues to build products to help restaurateurs streamline and grow their businesses.
To be clear, almost all technology companies have used some form of AI or machine learning for years now, Block included. While AI is often used to find patterns in large datasets, generative AI takes the patterns and creates digital content automatically. In its letter to shareholders, Block's management mentioned two generative AI capabilities specifically for its Square ecosystem, its business segment for merchants.
Key Insights Institutions' substantial holdings in Block implies that they have significant influence over the...
Block (NYSE: SQ) continues to report great results for both the Square app for businesses and Cash App, for individuals. But the market still doesn't seem to like the stock's trajectory, so what are investors missing? Travis Hoium digs into the quarter in the video below.
Not long ago, we warned that Block (NYSE:SQ) would release its earnings soon and that investors shouldn’t be too eager to buy SQ stock regardless of the outcome. As you might expect, Block’s management attempted to put a positive spin on the company’s financial results. Yet, cautious traders should take a closer look and form their own conclusions. In the final analysis, Block still has issues that should make prospective investors think twice. Three months ago, the Square and CashApp owner repo
Last month, Standard Chartered released a report that Bitcoin (BTC-USD) can hit $100,000 by the end of 2024. The target seems steep, but cryptocurrencies have a history of skyrocketing in the blink of an eye. Standard Chartered cites stress in the traditional banking system as one of the catalysts for a Bitcoin rally. I believe that a dovish stance by the Federal Reserve in the second half of 2023 will also contribute to the rally. Additionally, Bitcoin halving is due in 2024. Going by past inst
Successful long-term growth investing requires careful consideration and planning. A strategy is crucial when investing, rather than simply putting money into the stock market and relying on chance. During the start of 2023, we saw a mini-stock market rally. It certainly was a welcome change to 2022. You can thank the Fed for easing up on interest rate hikes and the general robustness of the job market for these trends. Economists predicted a recession in their 2023 forecasts. Nevertheless, we h
Financial technology companies, or fintech, are firms that apply technology to banking and finance. Think mobile banking stocks, payment apps and digital money transfers. Nearly half of Americans said they had used a mobile wallet in the past three months, according to a recent survey by J.D. Power. As consumers migrate more and more of their lives online, the fintech revolution rages on. Even traditional banks that have networks of retail branches are moving more of their services into the digi
Block (NYSE:SQ), parent company of online payment processor Square, has been the subject of many headlines in recent weeks, and not for the best of reasons. Accusations from a prominent short-seller (Hindenburg Research), while not necessarily proven, have attracted a lot of attention and placed pressure on SQ stock. However, if you believe that these allegations (which have mainly to do with compliance measures at the company’s CashApp division) are the only big risk, think otherwise. There are
Yahoo Finance Live anchors Brad Smith and Julie Hyman break down the decline in stock for Block.
Actual results could differ materially from those contemplated by our forward-looking statements. Also note that the forward-looking statements on this call are based on information available to us as of today's date. During this call, we will provide preliminary estimates of gross profit growth and GMV performance for the month of April.
Shares have faced headwinds since March after a critical report from a short-seller. The company's latest earnings were mixed, but could be enough to boost confidence.
Yahoo Finance Live's Seana Smith examines several trending stocks in the after-hours trading session.
The Yahoo Finance Live team discusses a jump in Block's stock after reporting a revenue and earnings beat in Q1.
DISTRIBUTED-WORK-MODEL/SAN FRANCISCO, May 04, 2023--Block, Inc. (NYSE: SQ) has posted its results for the first quarter of 2023 on the Financials section of its Investor Relations website at investors.block.xyz and filed these results with the Securities and Exchange Commission.