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The Latest Breaking News from Block

El Salvador Inspired? Jack Dorsey's Block Unveils New Monthly BTC Buying Strategy

A day after the release of a report that alleged Block was being investigated for non-compliance in its Square and Cash App units, the company's founder unveiled a new Bitcoin strategy that will see some of the fintech firm's profits being invested into the digital asset.

International Business Times

Square Stock Pops On Earnings Beat. CEO Dorsey Lays Out New Bitcoin Plans.

Square stock popped after Block reported Q1 earnings and revenue that topped estimates while EBITDA guidance came in above expectations.

Investors Business Daily

US Prosecutors Investigating Financial Transactions At Block, NBC News Reports

US prosecutors are investigating financial transactions at Block, a major player in the cryptocurrency industry, raising compliance concerns.

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Square Stock Tumbles On Report Of Federal Probe Involving Transactions

Square stock tumbled on a report federal prosecutors are probing financial transactions at parent Block involving Cash App and bitcoin.

Investors Business Daily

Block vs. Affirm: Which Buy Now, Pay Later Stock Does Wall Street Prefer?

With consumers stretched by inflation, demand for BNPL is expected to remain high, benefiting BNPL stocks like SQ and AFRM. Here's a look at what Wall Street expects for these two fintech names.

Barchart

What a surprise! Free speech absolutist Elon Musk doesn’t really love free speech

The X owner is paying legal bills of people ‘unfairly treated’ over their posts while weaponizing the law to shut down his critics

The Guardian - US

Nvidia Fails To Hold 900 As Uber Leads These Stocks To Watch

As shares of Meta and Nvidia stock hold near highs, Uber, CyberArk and four other growth stocks set up bases and buy zones.

Investors Business Daily

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Dow Jones Adds 400 Points As Fed Signals Key Dates In 'Bumpy Road' To Rate Cuts; Nvidia Rises, Super Micro Falls

Stocks awaited the Fed's cues on Wednesday. Nvidia and SMCI fell while Cisco rival Arista Networks tried to break out and Cathie Wood sold Block.

Investors Business Daily

Fintech Fuels 105% Growth With Bitcoin Boost. Savvy Funds Want In.

Fintech leader Block fueled 105% earnings growth last quarter, driving Block stock into buy range, where it remains despite some volatility.

Investors Business Daily

Dow Jones Rises As Nvidia Rallies Ahead Of AI Event; Google Stock Surges On Gemini Talks

Stock Market Today: The Dow Jones rose Monday, as Nvidia rallied ahead of its AI event. Google stock surged on Gemini talks.

Investors Business Daily

Dow Jones Falls 150 Points After Economic Data; Cathie Wood Loads Up On Tesla Stock

Stock Market Today: The Dow Jones fell on economic data Friday, Adobe plunged on earnings. Cathie Wood loaded up on Tesla stock.

Investors Business Daily

Dow Jones Falls 175 Points After Surprise Inflation Data; Nvidia, Tesla Sell Off

Stock Market Today: The Dow Jones dropped on hot inflation data. Nvidia and Tesla stock extended their losses, with more declines.

Investors Business Daily

Dow Jones Rises As Nvidia Gets Big Price-Target Hike; Tesla Stock Slides On Downgrade To Sell

Stock Market Today: The Dow Jones rose Wednesday after the S&P 500 closed at a new high. Tesla stock sold off on a downgrade to sell.

Investors Business Daily

Is This Fintech Stock a Buy Now?

Wall Street rates this fintech stock a “strong buy,” with as much as 35% upside potential.

Barchart

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Investors Business Daily

Dow Jones Rises On Hot CPI Inflation Data; AI Giant Oracle Surges On Earnings

Stock Market Today: The Dow Jones rose on a hot CPI inflation report. AI giant Oracle soared on strong earnings results.

Investors Business Daily

Cash App Parent Block In Buy Zone After 105% Profit Growth

Cash App parent Block stock is back in a buy zone. The company reported higher sales in its earnings report and analysts have high hopes.

Investors Business Daily

Dow Jones Futures: AI Giant Soars On Earnings, While Nvidia, Meta Slide; CPI Inflation Report Looms

Dow Jones futures: AI giant Oracle soared on earnings late, while Meta, Nvidia and Super Micro sold off sharply Monday.

Investors Business Daily

ServiceNow Setting Up As Three Stocks Flash Buy Signals

AI play ServiceNow is setting up, while three other stocks are flashing buy signals.

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Investors Business Daily

Dow Jones Futures Fall After Nvidia Wake-Up Call For AI Market Rally

After a huge run, Nvidia's ugly reversal wasn't a surprise. But it's a wake-up call for the AI-led market rally and investors.

Investors Business Daily

Dow Jones Futures Rise: Palantir Soars Into Buy Zone, Nvidia Runs, But Beware This

Nvidia and Super Micro hit new highs as fellow AI play Palantir surged into a buy area. But bullish sentiment is getting extreme.

Investors Business Daily

How Square Aims To Expand Cash App Into Consumer Banking Services

Square parent Block is the IBD Stock of the Day as the digital payments company forms a high handle on a cup base.

Kiplinger

Stock Market Today: Nvidia Tops $2 Trillion in Market Cap

Stocks ran out of steam Friday following a strong week on Wall Street.

Investors Business Daily

SQ Stock: Generate Long-Term Profit Potential With A Calendar Call Spread In Block Stock

The monthly resistance zone sits near 80, as Block undergoes a multi-month basing event.