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The Latest Breaking News from Block

Cash App Parent Block In Buy Zone After 105% Profit Growth

Cash App parent Block stock is back in a buy zone. The company reported higher sales in its earnings report and analysts have high hopes.

Investors Business Daily

Dow Jones Futures: AI Giant Soars On Earnings, While Nvidia, Meta Slide; CPI Inflation Report Looms

Dow Jones futures: AI giant Oracle soared on earnings late, while Meta, Nvidia and Super Micro sold off sharply Monday.

Investors Business Daily

ServiceNow Setting Up As Three Stocks Flash Buy Signals

AI play ServiceNow is setting up, while three other stocks are flashing buy signals.

Investors Business Daily

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Dow Jones Futures Fall After Nvidia Wake-Up Call For AI Market Rally

After a huge run, Nvidia's ugly reversal wasn't a surprise. But it's a wake-up call for the AI-led market rally and investors.

Investors Business Daily

Dow Jones Futures Rise: Palantir Soars Into Buy Zone, Nvidia Runs, But Beware This

Nvidia and Super Micro hit new highs as fellow AI play Palantir surged into a buy area. But bullish sentiment is getting extreme.

Investors Business Daily

How Square Aims To Expand Cash App Into Consumer Banking Services

Square parent Block is the IBD Stock of the Day as the digital payments company forms a high handle on a cup base.

Investors Business Daily

Stock Market Today: Nvidia Tops $2 Trillion in Market Cap

Stocks ran out of steam Friday following a strong week on Wall Street.

Kiplinger

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SQ Stock: Generate Long-Term Profit Potential With A Calendar Call Spread In Block Stock

The monthly resistance zone sits near 80, as Block undergoes a multi-month basing event.

Investors Business Daily

Block Outlook Beats Estimates, Shares Surge 12%

Block's earnings surpass estimates, leading to a 12% stock value increase, generating optimism among investors and analysts.

Top News

Square Earnings Report Mixed; Shares Rise On 2024 Outlook

Square-parent Block reported Q4 earnings that missed estimates while revenue beat.

Investors Business Daily

Zoom, Okta, Block, PayPal Add To 2024's Tech Layoffs

Tech layoffs continue after about 100 tech companies, including Google, Meta, Amazon, Microsoft, Salesforce and TikTok, kicked off 2024 by collectively letting go of thousands of employees within the first four weeks of the year.

International Business Times

Cathie Wood, ARK Invest Offload GBTC, Shake Up Crypto Holdings Ahead Of Bitcoin ETF Approvals

Cathie Wood and her ARK Invest firm unloaded all of their GBTC holdings and purchased $92 million of this bitcoin ETF instead.

Investors Business Daily

Tesla and Block among Bitcoin-holding firms to get boost from accounting rule change in late 2024

The ability to list Bitcoin at fair market value will help firms like Tesla, but could also lead other companies to add crypto to their treasuries.

Fortune

Cathie Wood Sails Past Fidelity Thanks To A Hail Mary Stock Pick

Cathie Wood's ARK Innovation is on top for the year again — racing back past Fidelity Blue Chip Growth. She can thank this stock.

Investors Business Daily

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Fortune

Jack Dorsey’s Block opens up preorders for Bitcoin hardware wallet Bitkey in more than 95 countries

Customers will be able to get their hands on the hardware in early 2024.

Barchart

2 Fintech Stocks with Big Insider Buying

Insiders of these two fintech stocks recently loaded up on company shares. Here's a look at what these insider moves might mean for investors.

Barchart

Block vs. PayPal: Which Fintech Stock Is the Better Buy Right Now?

Although both Block and PayPal reported strong third quarter results, Wall Street has higher growth forecasts for one of these fintech stocks, thanks to its potential to drive exceptional growth once the economy improves.

Investors Business Daily

Cathie Wood's ARK Innovation Just Had Its Best Week Ever Thanks To Roku, These Huge Winners

Cathie Wood's flagship Ark Innovation ETF ARKK just had its best week ever thanks to Roku, DraftKings, Palantir and other huge winners on big news.

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Pedestrian.tv

The Block Finale Aired Last Night & It Was A Doozy So Here’s Everything That Went Down

Many viewers took to social media with some criticism about the auction and the recurring characters who rock up.

Investors Business Daily

Dow Jones Rallies On Weak Jobs Report; Apple Stock Slides On Earnings

The Dow Jones rallied Friday on the Labor Department's weaker-than-expected October jobs report. Apple stock slid on earnings.

Fortune

Block’s Bitcoin revenue grew nearly 40% while value of its Bitcoin holdings rose

The company’s gross profit from Bitcoin rose to $44 million from $36 million a year ago.

Investors Business Daily

Square Earnings, Revenue Beat; SQ Stock Surges On Preliminary 2024 Guidance

Square-parent Block reported Q3 earnings and revenue that topped estimates. SQ stock popped on preliminary 2024 guidance for EBITDA.

Investors Business Daily

Cathie Wood's Biggest Holdings Are Tumbling, Including Tesla

Cathie Wood's Ark Invest has big stakes in speculative plays such as Tesla and Coinbase. But even 2023's big winners are well off highs.

Investors Business Daily

What Wall Street Expects From PayPal's New CEO

When PayPal Holdings reports third quarter earnings on Nov. 1, it'll give new Chief Executive Alex Chriss his first chance to lay out his turnaround strategy.

Barchart

3 Fintech Stocks Analysts Like Better Than SoFi Technologies

While SoFi Technologies has raced ahead in 2023, other fintech stocks like Block, PayPal, and Fiserv have earned better ratings from Wall Street. Here's what you need to know about the latest fintech industry forecasts.

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