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The Latest Breaking News from Block

Jack Dorsey's Block is the latest company targeted by a notorious short-seller

The short-seller put out an accompanying report, alleging that Block's Cash App has inflated user counts and consorted with criminals.

Fortune

Stocks Rebound as Bank Stocks Stabilize

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +1.08%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.78%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.87%. U.S. stock indexes this morning are moderately higher as...

Barchart

Big Tech Powers Stock Market After Fed-Treasury Cross; Bitcoin Rocks While Coinbase Rolls

Coinbase trimmed losses after receiving a SEC "Wells Notice," warning of a pending enforcement action.

Investors Business Daily

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Square Plunges On Short Seller Charges, Company To Explore Legal Action

Square plunged after Hindenburg Research disclosed a short position in SQ stock while claiming Cash App consumer services facilitate fraud.

Investors Business Daily

Block, A Key Cathie Wood Stock, Tanks As Hindenburg Reveals Short

"Block has systematically taken advantage of the demographics it claims to be helping," Hindenburg Research said.

The Street

Can Block Stock Break Out? Here's What the Bulls Need Now.

Block stock has traded well off the fourth-quarter lows. It's now consolidating. Can it break out? Here are the must-know levels.

The Street

Cathie Wood Puts Million Into One Tech Stock

Ark went on a buying spree with this stock last week.

The Street

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Cathie Wood Watch: Ark Keeps Buying Block

Wood's flagship Ark Innovation ETF has dropped 41% over the past year, but has rebounded 22% so far this year.

The Street

Block Stock Showing Improving Market Leadership; Earns 83 RS Rating

A Relative Strength Rating upgrade for Block shows improving technical performance.

Investors Business Daily

Why Square Can Reach 'Holy Grail' Of Fintech Companies

Square stands out from other fintech companies with its "one-stop-shop" payment network, said an analyst who upgraded SQ stock to buy.

Investors Business Daily

Cathie Wood Watch: Ark Buys Pinterest, Block

Wood's flagship Ark Innovation ETF has dropped 30% during the past year, but has rebounded 22% so far this year.

The Street

Cathie Wood Watch: Ark Buys Block, Tesla

Wood's flagship Ark Innovation ETF has lost 28% during the last year, but has bounced back 21% so far this year.

The Street

Block is now using some of the thousands of Bitcoins it holds for a new business

Block is now using Bitcoins from its balance sheet to earn money by providing routing services on the Lightning network.

Fortune

Buy or Sell Block Stock on the Earnings Report? The Chart Holds a Clue.

The post-earnings gains are fading for Block stock, putting traders in a tough spot about whether to buy or sell.

The Street

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Investors Business Daily

Stock Market Bashed On Inflation; Live Nation Plummets After Taylor Swift Fiasco

Live Nation failed to post a Q4 earnings number, sending the stock into a tailspin

Investors Business Daily

Dow Jones Dives 500 Points On Hot Inflation Report; Tesla Stock Skids

The Dow Jones Industrial Average dived 475 points Friday on a hot inflation report. Tesla stock skidded 4% to fall below $200 a share.

Fortune

Who will be PayPal’s next CEO? Here are the 7 leading contenders according to fintech experts

PayPal's retiring CEO is sticking around till December, but there's already chatter about who might be qualified to step into the role.

Fortune

Block sees higher profits despite lagging Bitcoin sales

Despite the payment provider’s negligible Bitcoin profit, cofounder and CEO Jack Dorsey remains a Bitcoin evangelist.

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Investors Business Daily

Dow Jones Futures Fall: Nasdaq Rallies On Nvidia, But PCE Inflation Report Looms

The Nasdaq rallied up to its 21-day, led by Nvidia. But the PCE inflation report is on tap. Boeing and MELI stock moved late.

Investors Business Daily

Square Rises On Rosy Cash App Profit Growth Outlook

Square-parent Block reported fourth-quarter earnings that missed estimates while revenue and gross profit edged by Wall Street targets.

Fortune

Bear market barely dents crypto lobby

Spending remains near all-time highs.

Liverpool Echo

Merseyside's ex-soldiers 'saving the lives' of others across the North West

Peter McComb and Colin Eastaway have helped over 250 local veterans

Fortune

Anyone want to buy a crypto media company?

Coindesk is on the block. Their best hope for a buyer is a benevolent crypto baron.

Crikey

Who is the most entitled aristocrat of the year? Find out in Crikey’s 2022 business awards

Some will proudly display their prize, others, well, a low profile could be best. And the winners are…

Investors Business Daily

Crypto Crash: Damage Report Ahead Of SBF Testimony

The Crypto Crash continues with Sam Bankman-Fried set to testify before Congress Tuesday; Binance reserves questioned; Argo Blockchain eyes bankruptcy.

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