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Today β€” 23 November 2024U.S. Finance & Business

Block price target raised to $110 from $94 at Mizuho

23 November 2024 at 12:05
Mizuho analyst Dan Dolev raised the firm’s price target on Block (SQ) to $110 from $94 and keeps an Outperform rating on the shares. The firm says that while several investors have expressed concern that Block’s initial 2025 guidance of at least 15% profit growth could be too aggressive, its analysis of the company’s three ecosystems suggests otherwise. Cash App excluding buy-now-pay-later can grow profits at a mid-teens rate, even if Block only adds 1M monthly active users and monetization rate
Yesterday β€” 22 November 2024U.S. Finance & Business

Robinhood’s Gallagher Drops Out of SEC Chair Consideration

22 November 2024 at 18:42
(Bloomberg) -- Dan Gallagher, the top lawyer at Robinhood Markets Inc., has removed himself from consideration to lead the US Securities and Exchange Commission under President-elect Donald Trump.Most Read from BloombergNYC's Underground Steam System May Be Key to a Greener FutureNYC Gets Historic Push for 80,000 Homes With $5 Billion PledgeTrump Promises Could Have Seismic Impact on Washington EconomyNYC Mayor Adams Names Jessica Tisch to Lead Police Head Amid ProbesTokyo’s Scorching Summers Fo

SiriusXM Radio to Change Cancellation Practice in New York After State Court Ruling

22 November 2024 at 16:59
SiriusXM Radio will have to change its cancellation practices in New York state after a court said it created a burdensome procedure for consumers and subscribers, according to New York Attorney General Letitia James.

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