|Bid||63.53 x 1000|
|Ask||63.58 x 900|
|Day's Range||61.27 - 63.99|
|52 Week Range||51.34 - 93.19|
|Beta (5Y Monthly)||2.34|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 02, 2023 - Aug 07, 2023|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||86.28|
NEW YORK, May 31, 2023--Today, global music platform TIDAL is introducing TIDAL Artist Home, a new hub for TIDAL products designed to help make it easier for artists to solely focus on their art. Once signed up, artists will be able to manage how fans see their TIDAL profile, as well as get early access to the latest products and resources built for artists.
Patience is one of investors' most important qualities. Investors should apply it to Roku and Block.
There wouldn't be many who think Block, Inc.'s ( NYSE:SQ ) price-to-sales (or "P/S") ratio of 2x is worth a mention...
Shares of fintech company Block (NYSE: SQ) are down nearly 80% from their all-time highs, and they're down roughly 1% year to date as well. The report outlined a long list of potential reasons for a 75% downside in Block stock, spooking investors. Of course, Block's management promptly rebutted some of Hindenburg's claims.
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The Yahoo Finance Live team discusses Wells Fargo paying $1 billion to settle its shareholder lawsuit, the company's previous controversies, and banking sector turmoil.
SAN FRANCISCO, May 16, 2023--Today, technology company Square announced new growth metrics and products for Square for Restaurants, its suite of offerings for restaurants and food and beverage businesses. The company has served hundreds of thousands of food and beverage businesses over the past decade and has grown upmarket over the last year as it continues to build products to help restaurateurs streamline and grow their businesses.
To be clear, almost all technology companies have used some form of AI or machine learning for years now, Block included. While AI is often used to find patterns in large datasets, generative AI takes the patterns and creates digital content automatically. In its letter to shareholders, Block's management mentioned two generative AI capabilities specifically for its Square ecosystem, its business segment for merchants.
Key Insights Institutions' substantial holdings in Block implies that they have significant influence over the...
Block (NYSE: SQ) continues to report great results for both the Square app for businesses and Cash App, for individuals. But the market still doesn't seem to like the stock's trajectory, so what are investors missing? Travis Hoium digs into the quarter in the video below.
DOVER, Del. (AP) — A Delaware judge has dismissed a shareholder lawsuit against financial technology company Block Inc. over its 2021 acquisition of majority ownership in Tidal, the music streaming service partly owned by rapper Jay-Z. A pension fund shareholder alleged that Block founder and CEO Jack Dorsey and the company’s board of directors breached their fiduciary duties in agreeing to pay roughly $300 million to take control of Tidal as it was failing financially and the target of an ongoi
A Delaware judge on Tuesday dismissed a shareholder class action seeking to hold Jack Dorsey and other board members at Block Inc liable for approving the payments company's purchase of Jay-Z's streaming service Tidal. Chancellor Kathaleen McCormick in Delaware Chancery Court said the Florida pension fund leading the case did not show that Block's directors acted in bad faith though the purchase it "seemed, by all accounts, a terrible business decision." Once known as Square, Block agreed in March 2021 to pay $306 million for an 87.5% stake in Tidal.
Yahoo Finance Live anchors Brad Smith and Julie Hyman break down the decline in stock for Block.
Actual results could differ materially from those contemplated by our forward-looking statements. Also note that the forward-looking statements on this call are based on information available to us as of today's date. During this call, we will provide preliminary estimates of gross profit growth and GMV performance for the month of April.
Yahoo Finance Live's Seana Smith examines several trending stocks in the after-hours trading session.
The Yahoo Finance Live team discusses a jump in Block's stock after reporting a revenue and earnings beat in Q1.
(Reuters) -Block Inc posted a rise in first-quarter revenue on Thursday as its popular payments platform Cash App continued to drive growth, a metric investors will watch closely following U.S. short-seller Hindenburg Research's disclosure in March of short positions in the firm. Shares of Block, formerly called Square, were up more than 1% in extended trading on Thursday, paring gains after rising more than 4%. The San Francisco-based fintech, which offers merchant payment services and an app that facilitates peer-to-peer payments and lets people trade cryptocurrency, said gross profit in the first-quarter rose 32% to $1.71 billion.
DISTRIBUTED-WORK-MODEL/SAN FRANCISCO, May 04, 2023--Block, Inc. (NYSE: SQ) has posted its results for the first quarter of 2023 on the Financials section of its Investor Relations website at investors.block.xyz and filed these results with the Securities and Exchange Commission.
Based on the average brokerage recommendation (ABR), Block (SQ) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?
The simplest way to benefit from a rising market is to buy an index fund. When you buy individual stocks, you can make...
The share price of Block (NYSE: SQ) dropped 11.4% in the month of April, according to S&P Global Market Intelligence. In late March, Square was the subject of a report by short-seller Hindenburg Research, which accused it of inflated metrics, among other charges. The stock price plummeted in the days that followed, and that carried over into April, even though Block officials, along with some analysts, called the accusation misleading and inaccurate.
Block (SQ) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
NEW YORK, May 03, 2023--Today global music platform, TIDAL is reintroducing TIDAL RISING by offering a selection of emerging artists new ongoing support through custom promotion, education, and direct-funding so they can grow, thrive and build their careers. The first wave of rising artists to receive support includes Alex Vaughn, Baby Storme, Cheekface, Reuben Vincent, Sunny War and more.
Aterian (ATER) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
A number of Block, Inc. ( NYSE:SQ ) insiders sold their shares in the last year, which may have raised concerns among...