Shares of Block Inc. were rising 13% in after-hours trading Thursday after the payment-technology company exceeded expectations with its latest earnings and gross-profit figures. The company, which changed its corporate Read more
Tag: Point of Sale Systems
Block earnings: What to expect from Square parent company
Investors have already heard from Visa Inc. V, -2.70%, Mastercard Inc., and American Express Co. AXP, -3.08%, which all signaled healthy consumer-spending trends. Soon it will be Block Inc.’s SQ, Read more
Here’s what the future of ‘high’ society looks like
Legal recreational cannabis dispensaries aren’t open yet in New York state, but cannabis business people and consumers are gathering to celebrate the substance and its future in a unique way. Read more
21 dividend stocks yielding 5% or more of companies that will produce plenty of cash in 2023
When the stock market has jumped two days in a row, as it has now, it is easy to become complacent. But the Federal Reserve isn’t finished raising interest rates, Read more
21 dividend stocks yielding 5% or more of companies that will produce plenty of cash in 2023
When the stock market has jumped two days in a row, as it has now, it is easy to become complacent. But the Federal Reserve isn’t finished raising interest rates, Read more
Block has ‘enormous potential’ but is bogged down by focus on bitcoin, analyst says in downgrade
Is Block Inc. suffering from creative block? That seems to be a takeaway from a Mizuho note Thursday, as analyst Dan Dolev downgraded shares of the Square parent company and Read more
Block stock drops after earnings, as Square’s parent company swings to a loss
Shares of Block Inc. fell 6% in after-hours trading Thursday after the payment-technology company swung to a loss and projected that July volume growth for the Square seller business would Read more
Block stock drops after earnings, as Square’s parent company swings to a loss
Shares of Block Inc. fell 6% in after-hours trading Thursday after the payment-technology company swung to a loss and projected that July volume growth for the Square seller business would Read more
Block may be in trouble as economy sours, but Cash App could save it for now
On paper, Block Inc.’s varied businesses all are potentially sensitive to a weakening economic environment, and revenue and earnings are supposed to decline from last year. In reality, the story Read more
Analysts see no lift for downbeat cannabis stocks from Chuck Schumer’s bill
An ambitious and long-awaited cannabis bill from Senate Majority Leader Chuck Schumer is unlikely to pass and will not likely stoke interest in U.S. cannabis stocks, analysts say. While the Read more