Cyber Monday spending via buy now, pay later hit a record in the U.S., which could further fuel investor hype for these digital payments.

DISTRIBUTED-WORK-MODEL/SAN FRANCISCO, December 03, 2024--Over the Black Friday and Cyber Monday weekend, sellers using Block’s ecosystem of commerce tools broke records with 144 million Block consumer transactions globally, a 17% increase from last year.* With over 1 in 3 shoppers more stressed about holiday shopping this year compared to last, customers all around the world turned out in droves for the mega discounting weekend to save on gifts, shopping both online and in-store and driving incr

Block (SQ) shares are rallying after Bernstein analyst Harshita Rawat raised the company's price target to a Wall Street high of $120, up from $90 per share. The firm designated Block as their "best new idea," citing continued growth momentum in both Block's core business and its Cash App platform. Market Domination Co-hosts Julie Hyman and Josh Lipton break down the details. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Angel Smith

Yahoo Finance Special Reporter Akiko Fujita dives into three top market stories. Bernstein has raised its price target for Block (SQ) (formerly Square) to $120, designating it as the firm's "new best idea." The upgrade is based on expectations of strong profitability growth for the fintech company. Super Micro Computer's (SMCI) stock is gaining momentum following the results of an independent review that found no evidence of misconduct at the server provider. This development comes as its accountant resigned citing transparency concerns. Meanwhile, dating app company Bumble (BMBL) has announced that CFO Anu Subramanian will step down from her position in 2025. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Angel Smith

Block (NYSE: SQ) might be making a name for itself in the financial services industry. Block's management team has been working to find ways to further strengthen the connection between Square and Cash App, likely as part of an effort to create a more powerful and independent payments system. The ideal transaction for Block is probably when a Cash App consumer purchases something from a Square merchant.

Technical patterns don't only measure prices, they measure belief.

New Street says the Consumer Financial Protection Bureau’s finalized rule that it will soon supervise non-bank firms that offer financial services includes PayPal (PYPL), Block (SQ), Apple (AAPL), Google (GOOG, GOOGL) Amazon (AMZN) and Zelle. Unsurprisingly, banks supported these actions after facing competitive pressure from tech firms moving into financial services, the analyst tells investors in a research note. The firm believes it is not yet known whether the Trump administration will decid

OAKLAND, Calif., November 26, 2024--With the holiday season right around the corner, retailers are gearing up for the rush and restaurants are preparing to serve up festive, cozy meals. Amid all the excitement, one of the most cherished traditions of the season is picking out the perfect Christmas tree to adorn your home.

We recently compiled a list of the Wells Fargo’s Best Growth Stocks: 28 Stocks With The Highest Consensus EPS Growth Estimates. In this article, we are going to take a look at where Block, Inc. (NYSE:SQ) stands against Well Fargo’s other growth stocks. With the interest rate cycle kicking off in the US, stocks that are […]

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

We recently published a list of Jim Cramer’s Latest Calls: 10 Stocks You Should Not Miss. In this article, we are going to take a look at where Block Inc (NYSE:SQ) stands against other Jim Cramer’s latest stock picks you shouldn’t miss. Jim Cramer in a latest program on CNBC talked about earnings results from some […]

Bullish investors on Affirm stock focus on its scale, transaction underwriting and partnerships amid fierce competition in the BNPL market.

The Consumer Financial Protection Bureau said Thursday it finalized a rule giving itself the authority to regulate big tech firms in much the same way the consumer watchdog oversees major banks. The largest payment apps now process over 13 billion consumer transactions annually, the CFPB said. The CFPB is trying to tackle its priorities before President-elect Trump takes office in January.

Exane BNP Paribas downgraded Block (SQ) to Neutral from Outperform with an $88 price target The company’s growth is slowing as the shares have rallied, the analyst tells investors in a research note. The firm cites its more cautious view of Cash App, “mild” downside risk to consensus estimates and the rally in the stock over the last month for the downgrade. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today’s best-performing

Block's expanding partner base and strong positioning in the digital payments industry are driving prospects despite stiff competition and stretched valuation.

DISTRIBUTED-WORK-MODEL/SAN FRANCISCO, November 19, 2024--Afterpay, a leading Buy Now, Pay Later (BNPL), announced today its flexible payment functionality will be available for consumers checking out online through Google Pay at select merchants.

Walmart (WMT) shares are rising this morning after the retail giant reported third quarter earnings and revenue that topped expectations. The company also raised its full-year outlook. Yahoo Finance will speak with CFO John David Rainey at 9:15 a.m. ET. Super Micro Computer, Inc (SMCI). is building on its recent rally, jumping even higher this morning; the sharp moves come after the company filed a plan to avoid a possible Nasdaq delisting. Yahoo Finance trending tickers include Trump Media & Technology Group Corp. (DJT), XPeng (XPEV), and Block (SQ). Key guests include:9 a.m. ET - Michael O'Rourke, JonesTrading Chief Market Strategist10:15 a.m. ET - Oliver Chen, TD Cowen Senior Research Analyst10:30 a.m. ET - Mike Novogratz, Galaxy Digital CEO11:40 a.m. ET - Kate Monroe, VETCOMM CEO

We recently compiled a list of the ARK Invest Stock Portfolio: Top 10 Stock Picks for 2024. In this article, we are going to take a look at where Block, Inc. (NYSE:SQ) stands against ARK Invest’s top stock picks for 2024. ARK Investment Management LLC, more commonly known as ARK Invest, is an American investment management […]

Shopify (SHOP) and Block (SQ) are two very different companies, yet both operate in the e-commerce and payments sectors, serving businesses in related ways. Over the past five years, their trajectories have been quite similar – both were major beneficiaries of pandemic tailwinds, only to face significant drawdowns as those effects faded. Using TipRanks’ Stock Comparison Tool, this article provides a closer look at the recent developments of both companies, including their latest Q3 earnings repo