Investors will find many reasons to like this business.

This CEO says that listening is a powerful leadership tool.

Phillip Securities upgraded Block in the aftermath of its earnings report last week.

DISTRIBUTED-WORK-MODEL/SAN FRANCISCO, May 14, 2024--Amidst challenging economic times, younger consumers made up the largest segment of those shopping small and medium sized businesses (SMBs) through Afterpay over the past year. While all generations showed a strong intent to support more SMBs in Q1 2024, Gen Z spend increased the most, up +11% year-over-year.2

Block (SQ) is well positioned to outperform the market, as it exhibits above-average growth in financials.

The outlook for cryptocurrencies seems to change like the weather. Only a month ago, the whole world was bullish on crypto as a Bitcoin (BTC-USD) halving event approached, when the available supply of BTC that can be mined is reduced by 50%. Past halving events led to parabolic moves that increased crypto prices. Not this time. Since the halving event, Bitcoin’s price has slumped. After hitting an all-time high of around $74,000 in March, ahead of the halving, the price dropped to $58,000 in rec

Block posted its best quarterly net income since going public in 2015.

Growth stock bargains can still be unearthed, even with the Nasdaq Composite recently climbing to a fresh all-time high.

It boils down to this one thing.

Block (SQ) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

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?

In recent trading sessions, the US stock market has shown a mixed performance with the Dow Jones Industrial Average extending its winning streak amidst a broader tech sell-off. This backdrop of fluctuating market conditions underscores the importance of considering companies with solid fundamentals and high insider ownership, which can signal confidence in long-term growth prospects from those who know the company best.

Reddit (RDDT) shares are surging this morning following the company's earnings release. The report, the first since its March IPO, showed a smaller loss than expected and revenue that jumped nearly 50% year-over-year. This morning, we will hear from several top names, including Uber (UBER), Shopify (SHOP), Affirm (AFRM), Toyota (TM), and Anheuser-Busch InBev (BUD). Yahoo Finance trending tickers include Upstart (UPST), Lyft (LYFT), and Block (SQ). Key guests include:9 a.m. ET - Brian Jacobsen, Annex Wealth Management Chief Economist and Strategist10:40 a.m. ET - Ray Mcguire, Lazard President11 a.m. ET - Lawrence Yun, National Association of Realtors Chief Economist11:20 a.m. ET - Dr. Vin Gupta, Amazon Pharmacy Chief Medical Officer

As an investor, tech stocks have been an appealing choice over the last year as excitement about products such as generative AI pushed the sector higher. But not all are winners. Tech stocks that are not performing well or facing challenges, knowing when to sell can be even more critical. Rather than holding on and hoping for a turnaround, it’s a better strategy to use the Portfolio Grader as a guide to help identify tech stocks to sell. Underperforming tech stocks can be a real drain on your po

DISTRIBUTED-WORK-MODEL/OAKLAND, Calif., May 06, 2024--Block, Inc. ("Block") (NYSE: SQ) today announced the pricing of $2.0 billion principal amount of its 6.50% senior notes due 2032 (the "Notes") in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Act") and outside the United States to non-U.S. persons pursuant to Regulation S under the Act. The aggregate principal amount of the offer

DISTRIBUTED-WORK-MODEL/OAKLAND, Calif., May 06, 2024--Block, Inc. ("Block") (NYSE: SQ) today announced its intention to offer, subject to market conditions and other factors, approximately $1.5 billion aggregate principal amount of senior notes (the "Notes") in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Act") and outside the United States to non-U.S. persons pursuant to Regulatio

Block ( NYSE:SQ ) First Quarter 2024 Results Key Financial Results Revenue: US$5.96b (up 19% from 1Q 2023). Net income...

Block, Inc. (NYSE:SQ) Q1 2024 Earnings Call Transcript May 2, 2024 Block, Inc. beats earnings expectations. Reported EPS is $0.85, expectations were $0.72. Block, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good day, ladies and gentlemen, and welcome […]

Shares of Block (SQ) are moving up Friday morning — gains eventually pulling back after the market open, but remaining in the green — after the fintech company posted its first-quarter earnings results, revealing a 22% gain in gross profit, compared to one year ago. The company announced that they plan on using 10% of those profits from bitcoin (BTC-USD) products, to buy more bitcoin as an investment. Morning Brief Anchor Brad Smith breaks down the latest development for Block as it leans heavier into investing in bitcoin For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino