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JPMorgan To Buy This California Payments Startup To Take On Jack Dorsey's Block: Report
Monday, September 12, 2022 - 2:07am | 432Read More...Financial services giant JPMorgan Chase & Co. (NYSE: JPM) has agreed to acquire California-based Renovite Technologies to solidify its presence in the payment processing arena, CNBC reported. Renovite is a provider of cloud-native software products and services to...
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Block Inc Q2 Earnings Highlights: Revenue And EPS Beat, Shares Fall On Outlook And Bitcoin Impact
Thursday, August 4, 2022 - 5:05pm | 551Read More...Financial company Block Inc (NYSE: SQ) reported second-quarter financial results after the market close Thursday. Here are the key highlights for investors and details on how Bitcoin (CRYPTO: BTC) impacted the results. What Happened: Block Inc, which changed its name from Square in December,...
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Cathie Wood Loads Up Another $459,520 In Bitcoin-Linked Stock On The Dip
Thursday, June 30, 2022 - 12:14am | 417Read More...Cathie Wood-led Ark Investment Management bought 7,198 shares in Block Inc (NYSE: SQ) on Wednesday, estimated to be worth $459,520. The shares were purchased via the Ark Fintech Innovation ETF (NYSE: ARKF). Block, a fintech company led by Jack Dorsey,...
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Jack Dorsey's Block Mitigates Risk From iPhone's Tap-To-Pay By Joining Forces With Apple
Thursday, June 2, 2022 - 11:38pm | 467Read More...Block Inc (NASDAQ: SQ) will soon enable Apple Inc's (NASDAQ: AAPL) contactless payment acceptance feature, 'tap-to-pay' on the iPhone, within Square's point-of-sale app. What Happened: Block said the new offering would allow sellers to “...
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Why Is Block Inc Surging After Hours? A Closer Look At Q4 Earnings
Thursday, February 24, 2022 - 7:07pm | 340Read More...Financial technology company Block Inc (NYSE: SQ), formerly known as Square, reported fourth-quarter and full-year financial results after market close Thursday. What Happened: Block reported fourth-quarter revenue of $4.08 billion, up 29% year-over-year. The total came in ahead of a consensus...
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Block Stock Slides Through Key Support, But Here's Why A Bounce Looks Imminent
Friday, February 18, 2022 - 6:03pm | 678Read More...Block Inc (NYSE: SQ) was sliding more than 6% lower on Friday after breaking through an important psychological support zone at the $100 level. The financial services and digital payments company has been severely beaten down since reaching an all-time high of $289.23 on Aug. 5, 2020,...
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Jack Dorsey's Square, Coinbase Ventures Join $15M Funding Round In African Bitcoin Exchange
Wednesday, September 29, 2021 - 10:37am | 485Read More...Jack Dorsey’s Square Inc (NASDAQ: SQ) participated with Coinbase Global Inc.’s (NASDAQ: COIN) financing arm, Coinbase Ventures, in Africa’s largest Bitcoin (CRYPTO: BTC) related investment. What Happened: Yellow Card, a Pan-African crypto exchange, has raised $15...
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This Chinese EV Maker Has A Better 1-Year Return Than Twitter, Square, Zoom And PayPal
Thursday, September 2, 2021 - 11:00am | 318Read More...Nio Inc - ADR (NYSE: NIO) produces some of the world’s most stylish and best-selling electric vehicles, and over the past year, delivered eye-popping returns for investors. Since September 2020, Nio stock's one-year return has outperformed a number of the world’s most popular...
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Here Is How Twitter CEO Jack Dorsey Plans To Expand Bitcoin Trading
Saturday, August 28, 2021 - 11:11am | 417Read More...Twitter Inc (NYSE: TWTR) and Square Inc (NYSE: SQ) CEO Jack Dorsey has announced on Twitter that Square’s new division TBD plans to build a decentralized exchange focused on Bitcoin (CRYPTO: BTC). The new division will be a subsidiary of Square and...
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Fintech Focus For August 16, 2021
Sunday, August 15, 2021 - 1:12pm | 2685Read More...Quote To Start The Day: “The way that I manage risk has changed materially. I try as often as I can to think about multi-decade holding periods for the things that we own. In the moment, it is hard, but then you figure out guardrails to stay in an infinite mindset. If I’m thinking over...
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Benzinga's Bulls And Bears Of The Week: Apple, Coinbase, Starbucks, Virgin Galactic, Walmart And More
Saturday, August 14, 2021 - 9:58am | 1190Read More...Benzinga has examined the prospects for many investor favorite stocks over the past week. Last week's bullish calls included top growth and reopening stocks. Automakers and a leading cryptocurrency play were among the bearish calls seen. The Dow Jones industrial average posted about a 1%...
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Square To Acquire Buy-Now, Pay-Later Firm Afterpay In $29B Stock Transaction
Monday, August 2, 2021 - 12:27pm | 1262Read More...Payments services provider Square (NYSE: SQ) announced on Sunday night that it was acquiring Afterpay for approximately $29 billion in stock. The deal is an all-stock transaction, with Square acquiring all the issued shares of Afterpay, pending a court-approved "Scheme of Arrangement." A Scheme of...
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Could August Become 7th Straight Month Of Gains? Busy Week Could Set The Tone
Monday, August 2, 2021 - 10:21am | 2068Read More...And so begins the month of August. The dog days of summer. Beaches, mountains, and lazy afternoons.If you follow the financial markets, that thinking might be jumping the gun, as there’s still plenty of action ahead. Although last week was arguably the height of earnings season, with releases...
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Fintech Focus For August 2, 2021
Sunday, August 1, 2021 - 7:49pm | 1817Read More...Quote To Start The Day: "The first casualty when war comes is truth.” Source: Hiram Johnson One Big Thing In Fintech: Square will buy Australia’s Afterpay for about $29 billion in an all-stock deal as the U.S. fintech firm looks to leverage the burgeoning popularity of buy now,...
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Fintech Focus For July 22, 2021
Wednesday, July 21, 2021 - 5:36pm | 2089Read More...Quote To Start The Day: “Know thy self, know thy enemy. A thousand battles, a thousand victories.” Source: Sun Tzu One Big Thing In Fintech: Adena Friedman, president and chief executive of Nasdaq, says the firm sees a huge opportunity from spinning out Nasdaq Private Market into a...













