The Latest Breaking News from SQ

Financial giants have made a conspicuous bullish move on Block. Our analysis of options history for Block (NYSE:SQ) revealed 24 unusual trades.

On Wednesday, Cathie Wood-led Ark Invest made some notable trades. The most prominent among these were in Amazon.com Inc (NASDAQ:AMZN), Advanced Micro Devices Inc.

Down almost 75% from all-time highs, Block is a fintech stock that trades at an attractive multiple, making it an enticing investment option at current valuations.

With the market anticipating significant movement in SQ stock ahead of Q3 earnings, there could be massive rewards available for the most daring speculators.

As the market trends upward, high-beta stocks, which typically show greater volatility than the broader market, can be an attractive option for risk-tolerant investors seeking high returns. Therefore, one could consider investing in fundamentally sound companies like Block, Inc. (SQ), Roku, Inc. (ROKU), and Lands’ End (LE). Learn more….

With an upside potential of more than 60%, these growth stocks are an excellent buy on the dip.

This fintech stock, also a top Cathie Wood holding, is turning heads after last month’s insider buy. Is it time for investors to jump in and grab shares of Block, too?

Today there is an unusual volume in near-term out-of-the-money (OTM) put options in Block Inc., parent of Square and Cash App. This highlights the underlying value of SQ stock after its recent strong Q2 results.

Square stock climbed on Q2 earnings that topped estimates while key metrics and guidance came in above views.