Block (NYSE: SQ) is a trailblazer in digital payments, innovating on point-of-sale systems for small businesses while expanding its Cash App into a full-blown financial services app. The company is coming off a rough patch, but signs point toward a turnaround for the fintech. Although it's impossible ...
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Some investors may think that an amount like $1,000 is too small to earn significant returns. However, that is not necessarily the case. A $1,000 investment in Home Depot's 1981 IPO would be worth more than $18 million today, not counting dividend income. That is not to say investors should expect such ...
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Block's (NYSE: SQ) stock performance in 2020 helped mint a few millionaires. That pandemic-affected year, share prices zoomed higher, rising from $38 to $240. Then everything came crashing down at the end of 2021. In just six months, shares lost more than 80% of their value. Factoring in the decline ...
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Even companies with solid prospects sometimes fail to keep pace with the market. When that happens, it's fair to give them a closer look. In some cases, an investment could pay off handsomely in the long run, provided the companies in question have excellent prospects. Can investors find promising stocks ...
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PayPal (NASDAQ: PYPL) and Block (NYSE: SQ) are two of the most popular fintech stocks today. Both have market caps of about $50 billion to $60 billion. Both have strong histories of growth. And both have plenty of growth potential. One stock, however, is a much better buy today. PayPal the company does ...
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Block (NYSE: SQ) pleased investors when it revealed its financial results for the last three months of 2023. Gross profit surged 22% on a year-over-year basis, with double-digit percentage gains for both Square and Cash App. The company's forecast was also strong, particularly as it relates to profitability. ...
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Shares of Block (NYSE: SQ), formerly known as Square, jumped 22% in February according to data provided by S&P Global Market Intelligence. Investors were pleased with its progress, reported in its fourth-quarter results, as well as its 2024 guidance. Block became a symbol of the opportunities available ...
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Block (NYSE: SQ) stock surged higher last week after the company announced its fourth-quarter results and provided guidance for 2024. Investors were pleased to see the company's cost-cutting efforts come to fruition and gross profits improving, and its guidance for the upcoming year gave even more reason ...
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Cryptocurrencies are on fire in 2024. Since the year began, Bitcoin's price has surged from $45,000 to more than $60,000. If you're a big fan of cryptocurrencies, buying them directly is a reasonable action. But there are ways to diversify your exposure while still betting big on their growth. Investing ...
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In this video, I will go over Block's (NYSE: SQ) fourth-quarter earnings report and explain why the stock soared 15% right after the company reported strong earnings and better-than-expected guidance. *Stock prices used were from the trading day of Feb. 22, 2024. The video was published on Feb. 23, 2024. ...
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It's been rough for Block (NYSE: SQ), the financial technology company formerly known as Square. After gaining confidence from investors, who envisioned Square as the payment company of the future, Block took a few wrong turns, and its stock is down 75% from its highs in 2021. The good news is that management ...
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Cathie Wood, the founder and CEO of Ark Invest, got her reputation by investing in tech companies with huge growth potential. One of her top holdings is Block (NYSE: SQ), with her Ark Innovation ETF owning around $500 million in shares, roughly 6% of its entire portfolio. There's a lot to love about ...
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