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Apple, Coinbase, Block, Amgen, Tesla: Why These 5 Stocks Are On Investors' Radars Today
Thursday, May 2, 2024 - 11:06pm | 616Thursday saw major U.S. indices closing on a positive note, with the Dow Jones Industrial Average climbing 0.85% to reach 38,225.66, while the S&P also showed gains, up 0.9% to 5,064.20. Additionally, the Nasdaq surged 1.5% to finish the day at 15,840.96. These are the top stocks that gained...
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Jack Dorsey Says Block Will Allow Square Sellers To Auto Convert A Percent Of Daily Sales To Bitcoin
Wednesday, April 24, 2024 - 10:30pm | 749Block Inc (NYSE:SQ) CEO and Twitter co-founder Jack Dorsey has announced a new feature that enables Square merchants to automatically convert a percentage of their daily sales into Bitcoin (CRYPTO: BTC). What Happened: On Wednesday, Dorsey took to X, formerly Twitter, to announce the new feature,...
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Jack Dorsey Reacts To Elon Musk's Call For Peace And Space Exploration Amid Israel-Iran Conflict Escalation
Friday, April 19, 2024 - 1:18am | 536Twitter co-founder and Block Inc CEO Jack Dorsey responded to a post by Elon Musk about the recent Israeli airstrike on Iran, advocating for peace and space exploration. What Happened: On Thursday, Dorsey replied to a tweet by Musk, Owner of X, in which the entrepreneur suggested, “We should...
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Cathie Wood's Ark Invest Sells Another Tranche Of Block Shares, Even As Bitcoin Price Stages A Recovery
Wednesday, March 20, 2024 - 11:40pm | 545On Wednesday, Cathie Wood-led Ark Invest made a significant move by offloading shares of Block Inc (NYSE:SQ) amidst Bitcoin (CRYPTO: BTC) prices recovering. The Block Inc Trade The sale, worth $3.5 million, was executed through Ark's flagship ARK Innovation ETF (NYSE:ARKK) and ARK Next Generation...
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Cathie Wood's Ark Invest Isn't Done Selling Shares Of Jack Dorsey-Led Block Yet — Sheds $7.5M Worth of Stock As Bitcoin Price Drops
Wednesday, March 20, 2024 - 12:29am | 582On Tuesday, Cathie Wood-led Ark Invest offloaded a significant amount of Block Inc (NYSE:SQ) shares amidst a downturn in Bitcoin (CRYPTO: BTC) prices. The Block Inc Trade Ark Invest’s decision to sell off Block shares came as a surprise to many, given the company’s strong ties to the...
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Cathie Wood-Led Ark Invest Sheds Shares Of Jack Dorsey's Block And Coinbase As Bitcoin, Ethereum Take A Breather
Tuesday, March 19, 2024 - 1:23am | 721On Monday, Cathie Wood-led Ark Invest made significant trades, notably offloading shares of Coinbase Global Inc (NASDAQ:COIN) and Block Inc (NYSE:SQ), despite cryptocurrency market fluctuations. The COIN Trade Ark Invest sold 30,458 shares of Coinbase through its flagship ARK Innovation ETF (NYSE:...
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Block Q4 Earnings Highlights: Revenue Beat, EPS Miss, Q1 Guidance, Rule Of 40 Update And More
Thursday, February 22, 2024 - 5:30pm | 467Fintech Block Inc (NYSE:SQ) reported fourth-quarter financial results after market close Thursday. Here are the key highlights. What Happened: Block reported fourth-quarter revenue of $5.77 billion, which was up 24% year-over-year. The revenue total beat a Street consensus estimate of $5.70 billion...
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Lawsuit Against US Attorney General And Record Cannabis Sales, Two Of Many 2023 Marijuana Milestones
Wednesday, December 27, 2023 - 8:46am | 969Though another year has slipped away without cannabis legalization or rescheduling on the federal level, the SAFE Banking Act still lingering somewhere in the halls of Congress and with precious few long-anticipated reforms enacted…other milestones took place in 2023. Health and Human...
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Cathie Wood's Ark Invest Buys Block And Dumps GBTC Shares Amid Bitcoin, Ethereum Rally
Monday, December 18, 2023 - 11:31pm | 657On Monday, Cathie Wood-led Ark Invest made significant trades, notably buying shares of Block Inc (NYSE:SQ) and selling Grayscale Bitcoin Trust (OTC:GBTC) units. This move comes amid recent appreciation in Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) prices. The rise in cryptocurrency prices...
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Apple, DraftKings, Block, Carvana, Palantir: Why These 5 Stocks Are On Investors' Radars Today
Thursday, November 2, 2023 - 9:53pm | 614U.S. stocks saw an uptick as trading closed on Thursday. The Dow Jones Industrial Average rose by 1.7% to 33,839.08, while the NASDAQ Composite Index climbed 1.78% to 13,249.19. The broader S&P 500 Index also gained, rising 1.89% to 4,317.78. These are the top stocks that gained the attention...
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Square Bets On Weed: Payments Giant Now Serving Cannabis Businesses
Wednesday, September 20, 2023 - 9:15am | 442Technology company Square, owned by Block Inc (NYSE: SQ), has teamed up with Jane Technologies, an online ordering platform service for cannabis dispensaries, to serve cannabis sellers in Canada. Why It Matters Jane allows cannabis dispensaries processing with Square to supplement their brick-...
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Jack Dorsey's Block Is Building Sci-Fi Inspired Crypto Wallet To Safeguard Bitcoin, Business Lead Reveals
Tuesday, July 18, 2023 - 2:56am | 444Block, the tech firm formerly known as Square and led by Twitter co-founder Jack Dorsey, is in the process of developing Bitkey, a state-of-the-art crypto key product called Bitkey, Business Today reports. Bitkey is a physical, hardware-based crypto key product that serves as a self-custody wallet...
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Cash App Leads The Way On Block's Earnings Beat: What Do 4 Analysts Think About The Stock?
Friday, May 5, 2023 - 1:15pm | 610Block Inc (NYSE: SQ) reported better-than-expected first-quarter earnings on Thursday after market close. Here’s what investors need to know about the company and what the analysts think about the stock. By The Numbers: Block reported year-over-year revenue growth of 26% to $4...
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Block, Paypal, Twilio, Atlassian, Doordash: Why These Stocks Moved Significantly In Afterhours Trading Today
Thursday, November 3, 2022 - 9:17pm | 577Stocks and bonds in the U.S. took a hit on Thursday, continuing their response to the Federal Reserve’s hawkish stance. The S&P 500 and the Nasdaq closed over 1% lower, while yields on U.S. Treasuries across the curve saw a spike. Meanwhile, here are five stocks that witnessed...
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JPMorgan To Buy This California Payments Startup To Take On Jack Dorsey's Block: Report
Monday, September 12, 2022 - 2:07am | 432Financial services giant JPMorgan Chase & Co. (NYSE: JPM) has agreed to acquire California-based Renovite Technologies to solidify its presence in the payment processing arena, CNBC reported. Renovite is a provider of cloud-native software products and services to...