Block Defended at CLSA, Analyst 'Unfazed by the Noise'
By Senad Karaahmetovic CLSA analyst John Marrin reiterated a Buy rating on Block (NYSE:SQ) but lowered the price target to $122.00 per share from $180.00 to reflect falling multiple across...
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Block News & Analysis
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5 Wall Street Firms Reflect on Block's Investor Day
By Senad Karaahmetovic Block (NYSE:SQ) hosted its Investor Day yesterday, led by CEO Jack Dorsey. The company said it estimates that the 2022 addressable market for Square Seller and Cash...
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Dow Futures Tick Lower After Wall Street Sell-off Intensifies
By Oliver Gray Investing.com - U.S. stock futures were trading lower during Wednesday’s evening deals, after major benchmark averages finished the regular session sharply lower, with the...
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Square Acquires Restaurant Digital Ordering and Marketing Platform GoParrot
By Sam Boughedda Investing.com -- Block Inc (NYSE:SQ) subsidiary Square announced Wednesday that it has acquired GoParrot, an all-in-one digital ordering and marketing platform for...
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: You Bought. They Sold. Meet some of the insiders who unloaded $35 billion of stock in the tech IPO bonanza that tanked.
Stocks of FIGS, Coinbase, Coupang and Robinhood have plunged since 2021 IPOs. But not before executives and financial backers sold portions of their holdings.
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Here's 3 Tech Stocks Which Hedge Funds were Selling the Most in Q1
As expected, the recent 13F filings showed that hedge funds were exiting the crowded long-tech positions and were investing instead in energy companies to capitalize on the higher oil and...
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Dow Futures Little Changed After Mixed Session
By Oliver Gray Investing.com - U.S. stock futures remained little changed in Monday’s evening trade, after a mixed session for major benchmark indices as market participants weighed slowing...
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Dow Futures Tick Higher After Losing Week
By Oliver Gray Investing.com - U.S. stock futures were trading higher Sunday evening after major benchmark averages posted losses last week on fears that policy tightening by the Federal...
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Madison Square Garden’s Q3 Performance Fails to Engage Investors
Live entertainment company Madison Square Garden Entertainment Corp. (NYSE: MSGE) presents or hosts events at its venues, including New York’s Madison Square Garden, Hulu Theater at Madison...
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Dow Futures Tick Higher Following Market Sell-Off
By Oliver Gray Investing.com - Dow futures were trading slightly higher during Monday’s evening deals, after major benchmark indices declined steeply during regular trade, with the S&P 500...
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Parity Introduces Square One, Facilitating Creation on Substrate and More
Substrate is a massive ecosystem that allows blockchain developers to build on major chains like Polkadot and Kusama. Due to its popularity, and the diversity of what you can create with...
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Ukraine latest: Putin likens Ukraine fight to World War II
Oil fluctuated as investors weighed a pledge by the Group of Seven to ban imports of Russian crude against a cut in official prices by Saudi Arabia and the impact of China’s energy-sapping...
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‘Tomb Raider’ IP Being Sold by Video Game Publisher to Fund Investment in Blockchain Technology
Square Enix Holdings Co., Ltd, which is a highly successful ‘Japanese entertainment conglomerate and video game company’ (perhaps best known for its “Final Fantasy” role playing video game...
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Square Enix Closes $300 Million Sale of Western Studios to Bankroll Blockchain Pivot
Square Enix, the influential Japanese gaming and publishing company, has sold its Western studios and some of its Western intellectual properties (IPs) to Embracer Group. The deal, which...
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U.S. Stocks Extend Losses Despite Better Than Expected Jobs Number
By Liz Moyer Investing.com -- U.S. stocks sank further on Friday, extending into a second day of losses despite a better-than-expected report on job creation in April. At 10:24 AM ET, the...
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Pre-Open Stock Movers 05/06: Funko Gains on Deal, DoorDash on Earnings; fuboTV, Under Armour Plunge on Weaker Outlook (more...)
Pre-Open Stock Movers: Digital Brands Group Inc (NASDAQ:DBGI) 58% LOWER; announced the pricing of its underwritten public offering of 37,389,800 shares of its common stock at a public...
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Under Armour, Zillow, Lucid Fall Premarket; DraftKings, DoorDash Rise
By Peter Nurse Investing.com -- Stocks in focus in premarket trade on Friday, May 6th. Please refresh for updates. Cigna (NYSE:CI) stock rose 0.6% after the health insurer reported...
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Block Stock Gains After Results, Analysts Praise Strong Cash App Momentum
Shares of Block Inc (SQ) are up nearly 6% in premarket trading Friday after the company reported better-than-expected Q1 results.SQ reported Q1 adjusted EBITDA of $195 million, down 17% YoY,...
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Earnings Results: Block stock gains despite earnings miss for Square’s parent company
Block Inc. fell short of revenue and earnings expectations for its latest quarter, but shares of the payment-technology company formerly known as Square were headed higher in Thursday's...
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Dow futures Ease as Fed Lifts Interest Rates
By Oliver Gray Investing.com - Dow futures were trading slightly lower during Thursday’s evening deals, following broad based gains among major benchmark averages after Federal Reserve...
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Block Resumed at Outperform by Oppenheimer
By Sam Boughedda Investing.com -- Block Inc (NYSE:SQ) stock is down more than 7% Wednesday, seemingly unaffected by the note from Oppenheimer analyst Dominick Gabriele who resumed coverage...
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Oppenheimer Resumes Block at Outperform on Higher Gross Profit/Valuation
Oppenheimer analyst Dominick Gabriele initiated research coverage on Block (NYSE:SQ) with an Outperform rating and a $150.00 per share price target. The analyst believes the Street consensus...
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Tomb Raider publisher sells iconic video game franchise to invest in blockchain
Japan's Square Enix is selling the Tomb Raider franchise to Sweden's Embracer Group in a $300 million deal.
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Square Enix sells Tomb Raider, other big franchises, for less than 1% of what Microsoft paid for Activision
The deal will put Embracer in control of familiar franchises that include Tomb Raider, Deus Ex, Thief and Legacy of Kain.
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Dow futures Little Changed as Earnings Continue
By Oliver Gray Investing.com - U.S. stock futures remained little changed during Thursday’s evening deals, after major benchmark averages finished lower during regular trading as a jump in...
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Host Hotels & Resorts Divests Sheraton New York Times Square Hotel
Host Hotels & Resorts, Inc. (HST), the largest lodging real estate investment trust (REIT), has divested the Sheraton New York Times Square Hotel for a consideration of approximately $373...
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Square Enix Insists on Integrating Blockchain Elements Into Its Games
Square Enix, the Japanese gaming company, is pressing on with its vision of integrating blockchain elements into its games. In a recent interview, president Yosuke Matsuda talked about the...
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Dow Jones Newswires: Pershing Square dumps Netflix stake less than three months after buying in, falls into the red for year
Pershing Square Holdings, Ltd., in a letter to shareholders, said Wednesday it sold its investment in Netflix Inc.
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Ackman’s Pershing Square sells Netflix investments
(Reuters) – Billionaire investor William Ackman’s hedge fund Pershing Square Holdings Ltd said on Wednesday it had sold all its investment in Netflix Inc.
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Dow Futures Rise as Q1 Earnings Heats Up
By Oliver Gray Investing.com - Dow futures traded higher during Monday’s evening deals as market participants brace for one of the busiest weeks of the corporate earnings season. By 6:35pm...
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Elon Musk Urges Greater Transparency at Twitter, Calling Platform The 'De Facto Town Square'
The tech entrepreneur speaks at TED conference hours after making an offer to buy the rest of Twitter.
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Dow Futures Little Changed as Q1 Earnings Kick Off
By Oliver Gray Investing.com - Dow futures were little changed Wednesday evening after major benchmark indices finished the regular session in the green as investors cheered a better than...
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Dow Futures Tick Higher As Inflation Surges to 41-Year Highs
By Oliver Gray Investing.com - Dow futures inched higher in overnight trading Tuesday after major benchmark indices finished the regular session lower as investors digested the latest...
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Dow Futures Tick Higher After Negative Week
By Oliver Gray Investing.com - Dow futures moved slightly higher on Sunday evening after major benchmark averages finished last week lower as market participants look ahead to fresh...
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Square Teams With Blockstream for Solar-Powered Bitcoin Mining Facility
By Sam Boughedda Investing.com -- Block Inc's (NYSE:SQ) Square will work with Blockstream to build an open-source solar-powered Bitcoin mining facility. Blockstream, a blockchain technology...
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U.S. Stock Futures Little Changed After Hawkish FOMC Minutes
By Oliver Gray Investing.com - U.S. stock futures were flat in overnight trading Wednesday after major benchmark indices posted losses for a second consecutive session as investors digested...
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