The Latest Breaking News from Block, Inc.

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…

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),…

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),…

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…

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…

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….

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…

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

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