The Latest Breaking News from Block

Cathie Wood-led Ark Investment Management on Wednesday rushed to cut most of its exposure in Paypal Holdings Inc (NASDAQ: PYPL) after the fintech company abandoned an ambitious growth plan that it put in place last year and snapped up shares in fintech rival Block I

Block Inc (NYSE: SQ) shares are trading lower by 8.6% at $116.68 in sympathy with PayPal after the company reported fourth-quarter earnings results. Selling pressure in Block shares is occurring following PayPal's earnings report, given the similarities between the businesses in providin

Block Inc (NYSE: SQ) shares are trading lower by 1.2% at $115.81 Tuesday afternoon after Mizuho lowered its price target on the stock from $285 to $210. 

‘A Site of Struggle’ at NU’s Block Museum includes warnings that some of the more graphic pieces may cause discomfort.

Someone with a lot of money to spend has taken a bearish stance on Block (NYSE:SQ). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga's options scanner just detected over 13 options trades for Block (NYSE:SQ) summing a total amount of $766,808. At the same time, our algo caught 4 for a total amount of 404,770.

Block (NYSE:SQ) has outperformed the market over the past 5 years by 39.25% on an annualized basis.

Ally, Inc, a Software-as-a-Service platform, collaborated with Block Inc (NYSE:SQ) to streamline transactions and delivery opportunities for businesses. The financial terms of the partnership remain undisclosed. Block, formerly Square, is a global technology company focusing on financial services and its products include Square, Cash App, Spiral, TIDAL, and TBD54566975. Ally and Square will…

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