Is Square Stock A Buy Amid Cash App's Growth Outlook?
Square stock bulls focus on its merchant, Cash App and Afterpay synergies. Management touts Cash App banking services as a key growth driver.
Square stock bulls focus on its merchant, Cash App and Afterpay synergies. Management touts Cash App banking services as a key growth driver.
Block, the company behind Square, Cash App and other services, announced a new program today allowing merchants using Square's solutions to convert a percentage of their daily sales to bitcoin. The feature, rolling out in the U.S. starting today, will transfer 1-10% of Square sellers' daily sales to their personal Cash App account. Merchants will receive a confirmation of the conversion when the transaction is complete.
Stellar earnings from the 'Magnificent Seven' duo have reignited optimism for a rally, but the PCE inflation print could put a spoke in the wheel.
Alphabet reported Q1 earnings on Thursday that beat estimates. The company also announced its first-ever dividend.
Biden passed the TikTok divestment bill -- now what?
Darktrace is set to go private in a deal that values the U.K.-based cybersecurity giant at around $5 billion. A newly-formed entity called Luke Bidco Ltd, formed by private equity giant Thoma Bravo, has tabled an all-cash bid of $7.75 (£6.20) per share, which represents a 44% premium on its average price for the three-month period ending April 25. Founded out of Cambridge, U.K., in 2013, Darktrace is best known for AI-enabled threat detection smarts, which uses machine learning to identify abnormal network activity and thus attempts at ransomware attacks, insider attacks, data breaches, and more.
Stellantis' Drive for Design contest asked for concepts for any Stellantis brand. Winners Rohan Sieber, Ryan Panizzoli and Owen Bronson chose Lancia.
Zuckerberg's track record of making money only after achieving a kind of critical mass is a harder sell for AI.
Fresh data on Thursday showed further signs of sticky inflation, pushing bond yields higher and weighing on stocks.
Ultra-fast fashion ecommerce giant Shein will be subject to an additional layer of governance rules targeted at very large online platforms (VLOPs) under the European Union's Digital Services Act (DSA), the Commission announced Friday. Shein had reported passing an average of 45 million monthly users in the region -- which is the threshold for the EU to designate VLOPs under the DSA. Other DSA obligations for VLOPs include a requirement to publish an ads library, as well as providing access to platform data to external researchers studying systemic risk.
These are today's mortgage rates. If you want to buy during the spring home-buying season, you may not want to wait for lower rates. Lock in your rate today.
Sam Altman, OpenAI's CEO, Microsoft chief Satya Nadella, Alphabet CEO Sundar Pichai are joining the government's Artificial Intelligence Safety and Security Board, according to The Wall Street Journal.
Keeping money in PayPal, Cash App, Venmo, or another P2P payment app puts your money at risk. Here’s why, and what to do instead.
Andy Behrens has a fresh batch of priority pickups for fantasy managers looking to close out the week in strong fashion.
Also on our cheat sheet: Spring savings from Apple, HP, Hanes and more!
Most couples don’t get pregnant when they first try to conceive and that is normal, experts explain.
Goldman Sachs said in a report late Thursday that Indian food delivery giant Zomato's quick commerce arm Blinkit is now more valuable than its core food delivery business, as per the bank's sum-of-the-parts analysis. The investment bank estimates Blinkit's implied value at 119 Indian rupees per share ($1.43) or about $13 billion, while Zomato's food delivery business is valued at Rs 98 per share. Goldman previously pegged Blinkit's valuation at $2 billion in March 2023.
Every player was dressed to impress at the 2024 NFL Draft.
Intel reported its Q1 earnings on Thursday, beating analysts' estimates. But a disappointing outlook sent shares sliding.
The Cowboys will now select No. 29 in the first round instead of 24th.
The Rams went seven years without making a first-round pick. The Matthew Stafford and Jalen Ramsey deals accounted for more than half of that.