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The Latest Breaking News from Block, Inc.

‘Bank jackings’ in Chicago see robbers drain victims’ accounts with their phone apps

They grab cellphones and demand pass codes to banking apps like Zelle and Venmo. A Chicago architect who lost more than $2,000 that way says: “Don’t have any banking apps on your phone.”

Chicago Sun-Times

Block’s Stock Crashes Even After Beat-And-Raise Quarter, 5 Analysts Deep Dive Into Print

Shares of Block Inc (NYSE: SQ) tanked in early trading on Friday, even after the company’s beat and raise quarter

Zenger

Block Inc And Coinbase CEOs Collaborate To Boost Bitcoin’s Lightning Network

Block Inc CEO Dorsey partners with Coinbase CEO to prioritize Bitcoin's network

Zenger

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Are Investors Buying Block (SQ) in June?

Fintech company Block, Inc. (SQ) has shrugged off an unfavorable Hindenburg report with a revenue beat in the last quarter. Should investors buy the stock now? Let’s look at its financial metrics to know more….

StockNews.com

Is Block Inc. (SQ) a Good Investment?

Payments company Block (SQ) posted solid growth in revenue, gross profit, and adjusted EPS in the first quarter of 2023, beating analysts’ expectations. Despite better-than-expected revenue and earnings, investors have been bearish about the stock amid Cash App’s fraud allegations. Let’s find out if it is wise to invest in…

StockNews.com

Judge nixes Block shareholder suit over online music deal

A Delaware judge has dismissed a shareholder lawsuit against financial technology company Block Inc. over its 2021 acquisition of majority ownership in a music streaming service partly owned by rapper Jay-Z

The Independent UK

4 Stocks to Avoid Until Crypto Recovers

With the ongoing crypto winter and the threat of regulation claiming new victims in the ecosystem while driving most to the edge of an abyss, it may be wise to give Block (SQ), Coinbase (COIN), Riot (RIOT), and Marathon (MARA) a wide berth until the existential issues get resolved. Continue…

StockNews.com

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2 Cathie Wood Stocks to Think Twice About Before Buying

The Fed’s aggressive monetary policy to fight the high inflation has disrupted the once well-performing Cathie Wood’s ARK Innovation ETF (ARKK). Moreover, as the Fed has indicated more hikes ahead, we think fundamentally weak Cathie Wood stocks Block (SQ) and Roku (ROKU) might be best avoided now. Read on….

StockNews.com

3 Stocks to Avoid During the Crypto Crisis

The crypto market has witnessed a steep decline this year with investors’ declining appetite for high-risk/high-return assets amid the rising interest rates. As cryptocurrencies are expected to remain under pressure, it could be wise to steer clear of crypto-focused stocks Block (SQ), Coinbase Global (COIN), and Riot Blockchain (RIOT). Read…

StockNews.com

3 Stocks You Need to Sell Pronto

Despite the latest inflation data showing a marginal slowdown, inflation is still hovering around an uncomfortably high level, and an end to Fed’s hawkish stance is nowhere in sight. With businesses being increasingly hurt by slowing down demand and rising borrowing costs, it could be wise to get rid of…

StockNews.com

3 Fintech Stocks to Avoid Into the End of 2022

The pandemic brought massive growth opportunities for the fintech industry as investments in the sector boomed. However, the deteriorating macroeconomic conditions have dampened investors’ faith in the industry’s prospects. Amid this backdrop, it could be wise to steer clear of fundamentally weak fintech stocks Block (SQ), Marathon Digital Holdings (MARA),…

StockNews.com

3 Bitcoin, Fintech Plays That Can 2x From Current Levels? Why This Analyst Is Bullish On Block, Coinbase, PayPal

Payment processors Block Inc. (NYSE: SQ) and PayPal Holdings Inc. (NASDAQ: PYPL) and cryptocurrency exchange Coinbase Global Inc.

Benzinga

3 Fintech Stocks to Avoid Until Further Notice

While the pandemic brought massive growth opportunities for the fintech industry as digital transactions skyrocketed, the current uncertain macroeconomic environment has dampened the industry’s prospects. The stock market is expected to remain under pressure amid growing fears of recession. Therefore, it could be wise for investors to avoid fundamentally weak…

StockNews.com

3 Crypto Stocks to Sell Into the End of 2022

After a record-breaking bull run last year, the crypto market has witnessed a massive sell-off on concerns over macroeconomic and geopolitical headwinds. Many experts expect the crypto market to witness further pressure, so it could be wise to avoid fundamentally weak crypto-exposed stocks Block (SQ), Coinbase Global (COIN), and Riot…

StockNews.com

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news in one place.

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StockNews.com

3 Stocks You Shouldn't Spend Your Money on Right Now

With inflation far from the Fed’s control and the job market's resilience, analysts believe the central bank will continue its aggressive interest rate hikes. With mounting recession fears and ongoing market volatility, we believe it could be wise to avoid fundamentally-weak stocks Block Inc. (SQ), Marathon Digital (MARA), and Riot…

StockNews.com

5 Stocks to Delete From Your Watchlist in Q4

The stock market has been experiencing wild swings this year, with inflation at a multi-decade high and the Fed aggressively raising interest rates to bring it under control. Amid rising recession worries, we think fundamentally weak stocks, Advanced Micro Devices (AMD), Block (SQ), Ginkgo Bioworks (DNA), Rocket Lab USA (RKLB),…

StockNews.com

3 Blockchain Stocks You Won't Find Any Gains In

Everyone is raving about blockchain technology due to its decentralized nature, wide application, and security. And companies working on this technology have thrived over the past several years. However, as macroeconomic concerns continue to affect the stock market, fundamentally weak blockchain stocks Block (SQ), Marathon Digital (MARA), and Riot Blockchain…

StockNews.com

1 Fintech Stock to Avoid Right Now and 2 to Buy

Continued digitization of businesses and financial transactions would drive the fintech industry’s growth. However, economic uncertainties and geopolitical headwinds have weighed heavily on investors’ sentiment surrounding fintech stocks. So, this may be the right time to offload fundamentally weak fintech stock Block (SQ) and load up promising industry participants Everi…

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StockNews.com

Is Controversial Stock Block a Buy or Sell?

Block (SQ) swung into a net loss in its last reported quarter. Moreover, its earnings report caused some controversy regarding whether the company beat analysts’ expectations. The stock is down more than 50% this year. So, should you Buy or Sell SQ? Let’s find out….

StockNews.com

3 Fintech Stocks to Avoid in August 2022

Although the fintech industry is expected to grow in the long run, headwinds like rising interest rates and multi-decade high inflation have led to a massive correction in financially weak fintech stocks Block (SQ), SoFi Technologies (SOFI), and Forge Global (FRGE). Amid the looming recession, it could be wise to…

Benzinga

Block Inc Q2 Earnings Highlights: Revenue And EPS Beat, Shares Fall On Outlook And Bitcoin Impact

Financial company Block Inc (NYSE: SQ) reported second-quarter financial results after the market close Thursday.

Benzinga

Cathie Wood Loads Up Another $459,520 In Bitcoin-Linked Stock On The Dip

Cathie Wood-led Ark Investment Management bought 7,198 shares in Block Inc (NYSE: SQ) on Wednesday, estimated to be worth $459,520.

Benzinga

Web3 Just Got Here — And Now Ex-Twitter Boss Jack Dorsey Introduces Web5

Jack Dorsey, co-founder of Twitter Inc (NYSE: TWTR) and the current CEO of Block Inc (NYSE: SQ), and his Bitcoin-focused TBD decentralized exchange team unveiled what they’re calli

Benzinga

Jack Dorsey's Block Mitigates Risk From iPhone's Tap-To-Pay By Joining Forces With Apple

Block Inc (NASDAQ: SQ) will soon enable Apple Inc's (NASDAQ: AAPL) contactless payment acceptance feature, 'tap-to-pay' on the iPhone, within <

Benzinga

Cathie Wood Adds Another $3.6M In These 2 Crypto-Linked Stocks

Cathie Wood-led Ark Investment Management scooped up more shares in cryptocurrency-linked companies Coinbase Global Inc (NASDAQ: COIN) and Block Inc (NYSE:

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