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Mon, 06 May 2024 23:46:00 +0000	Block, Inc. Announces Upsize and Pricing of $2.0 Billion Offering of Senior Notes DISTRIBUTED-WORK-MODEL/OAKLAND, Calif., May 06, 2024--Block, Inc. ("Block") (NYSE: SQ) today announced the pricing of $2.0 billion principal amount of its 6.50% senior notes due 2032 (the "Notes") in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Act") and outside the United States to non-U.S. persons pursuant to Regulation S under the Act. The aggregate principal amount of the offer
Mon, 06 May 2024 12:45:08 +0000	Is Square Stock A Buy On Cash App, Afterpay Growth Outlook? Square stock bulls focus on its merchant, Cash App and Afterpay synergies. Management touts Cash App banking services as a key growth driver.
Mon, 06 May 2024 11:55:00 +0000	Block, Inc. Announces $1.5 Billion Offering of Senior Notes DISTRIBUTED-WORK-MODEL/OAKLAND, Calif., May 06, 2024--Block, Inc. ("Block") (NYSE: SQ) today announced its intention to offer, subject to market conditions and other factors, approximately $1.5 billion aggregate principal amount of senior notes (the "Notes") in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Act") and outside the United States to non-U.S. persons pursuant to Regulatio
Sat, 04 May 2024 13:47:04 +0000	Block First Quarter 2024 Earnings: Beats Expectations Block ( NYSE:SQ ) First Quarter 2024 Results Key Financial Results Revenue: US$5.96b (up 19% from 1Q 2023). Net income...
Fri, 03 May 2024 20:20:45 +0000	Square Stock Pops On Earnings Beat. CEO Dorsey Lays Out New Bitcoin Plans. Square stock popped after Block reported Q1 earnings and revenue that topped estimates while EBITDA guidance came in above expectations.
Fri, 03 May 2024 16:41:56 +0000	Block, Inc. (NYSE:SQ) Q1 2024 Earnings Call Transcript Block, Inc. (NYSE:SQ) Q1 2024 Earnings Call Transcript May 2, 2024 Block, Inc. beats earnings expectations. Reported EPS is $0.85, expectations were $0.72. Block, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good day, ladies and gentlemen, and welcome […]
Fri, 03 May 2024 14:28:08 +0000	Block to use 10% of bitcoin profits... to buy more bitcoin Shares of Block (SQ) are moving up Friday morning — gains eventually pulling back after the market open, but remaining in the green — after the fintech company posted its first-quarter earnings results, revealing a 22% gain in gross profit, compared to one year ago. The company announced that they plan on using 10% of those profits from bitcoin (BTC-USD) products, to buy more bitcoin as an investment. Morning Brief Anchor Brad Smith breaks down the latest development for Block as it leans heavier into investing in bitcoin For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino
Fri, 03 May 2024 13:18:55 +0000	April jobs data, Apple earnings, Block and bitcoin: 3 Things US stock futures (^DJI, ^IXIC, ^GSPC) are ripping higher ahead of Friday's session open after the US Bureau of Labor Statistics reported 175,000 jobs were added to the US economy, a cooler print than previous months seen so far in 2024. What does this mean for interest rate cut hopes? Apple (AAPL) stock is rising in pre-market trading after topping fiscal second-quarter earnings estimates on Thursday, despite reporting falling iPhone sales year-over-year. Lastly, Block (SQ) shares are popping after reporting plans to focus more on bitcoin (BTC-USD) in its latest earnings report. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
Fri, 03 May 2024 05:11:55 +0000	Decoding Block Inc (SQ): A Strategic SWOT Insight Unlocking the Financial Dynamics and Strategic Directions
Fri, 03 May 2024 01:30:12 +0000	Block (SQ) Q1 2024 Earnings Call Transcript SQ earnings call for the period ending March 31, 2024.
Thu, 02 May 2024 22:35:31 +0000	Block Stock Soars On Q1 Earnings, Strategic Bitcoin Investment: Details Block, Inc. (NYSE:SQ) shares rose after the company reported its first-quarter financial results on Thursday. Here's a look at the highlights. Block reported quarterly sales of $5.957 billion, which beat the analyst consensus estimate of $5.821 billion, representing a 19.38% increase over sales of $4.99 billion from last year. The company reported adjusted earnings of 85 cents per share, beating the 72 cents per share consensus estimate. Cash App generated a quarterly gross profit of $1.26 billi
Thu, 02 May 2024 20:41:23 +0000	Block stock pops on Q1 earnings, guidance boost Block (SQ) reported first quarter adjusted earnings per share of $0.85 compared to a $0.71 estimate. Revenue of $5.96 billion was just slightly better than the $5.89 billion estimate. The company also says in its release that it will be investing 10% of its "gross profit from bitcoin products into bitcoin purchases."  Block also raised its full-year gross profit and adjusted EBITDA forecasts. Yahoo Finance's Julie Hyman breaks down the financial technology company's quarterly results. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Stephanie Mikulich.
Thu, 02 May 2024 20:10:00 +0000	Block Announces First Quarter 2024 Results DISTRIBUTED-WORK-MODEL/OAKLAND, Calif., May 02, 2024--Block, Inc. (NYSE: SQ) has posted its results for the first quarter of 2024 on the Financials section of its Investor Relations website at investors.block.xyz and filed these results with the Securities and Exchange Commission.
Thu, 02 May 2024 11:05:00 +0000	7 D-Rated Tech Stocks to Dump Now As an investor, tech stocks have been an appealing choice over the last year as excitement about products such as generative AI pushed the sector higher. But not all are winners. Tech stocks that are not performing well or facing challenges, knowing when to sell can be even more critical. Rather than holding on and hoping for a turnaround, it’s a better strategy to use the Portfolio Grader as a guide to help identify tech stocks to sell. Underperforming tech stocks can be a real drain on your po
Wed, 01 May 2024 20:57:48 +0000	Apple, Novo Nordisk earnings, jobless claims: What to watch A number of companies release their quarterly earning reports on Thursday, including Apple (AAPL), Novo Nordisk (NVO), Shell (SHEL), ConocoPhillips (COP), Cigna (CI), Coinbase (COIN), Moderna (MRNA), DraftKings (DKNG), Kellanova (K), United States Steel (X), and more. On the economic front, jobless claims for the week ending on April 27 will be released. Economists expect claims to rise to 212,000 from 207,000 the prior week. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Nicholas Jacobino
Wed, 01 May 2024 20:15:31 +0000	Square Stock Tumbles On Report Of Federal Probe Involving Transactions Square stock tumbled on a report federal prosecutors are probing financial transactions at parent Block involving Cash App and bitcoin.
Wed, 01 May 2024 20:10:56 +0000	Why Block Shares Are Losing Value Today Federal prosecutors are reportedly asking hard questions about compliance.
Sun, 28 Apr 2024 13:34:14 +0000	Top 15 Ethereum Competitors and Alternatives in 2024 In this article, we will discuss the top 15 Ethereum competitors and alternatives in 2024. If you want to skip our analysis about some of the key players in the cryptocurrency market, you can proceed to the section highlighting the Top 5 Ethereum Competitors and Alternatives in 2024. The Global Cryptocurrency Market and a Comparison […]
Thu, 25 Apr 2024 21:56:34 +0000	13 Best Growth Stocks To Invest In For the Next 5 Years In this article, we discuss 13 best growth stocks to invest in for the next 5 years. If you want to skip our discussion on the stock market landscape, head over to 5 Best Growth Stocks To Invest In For the Next 5 Years. Despite facing fluctuations and pressures, the U.S. stock market has shown […]
Wed, 24 Apr 2024 14:00:00 +0000	Some Square Users Can Now Convert Their Dollars to Bitcoin Via Cash App Bitcoin Conversions will charge a flat 1% fee to automatically convert a portion of merchant revenues into BTC.