Square's Stock Tanks but Its Bitcoin Business Is Roaring

2019-8-4 04:05

Square's stock fell more than 6 percent in after-hours trading after the company disappointed Wall Street with its outlook. One bright spot for the payments company is bitcoin, which users can buy and sell on the Cash App and which they are increasingly doing.

Square CEO Jack Dorsey clearly appreciates it, reportedly giving a shout […]

The post Square's Stock Tanks but Its Bitcoin Business Is Roaring appeared first on CCN Markets

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Источник: ccn.com

square stock → Результатов: 15

Stock Market Investors Might Want to Be Greedy & Pile into Square

The two biggest emotions that fuel the stock market are fear and greed. One will send stocks swooning, while the other can create bubbles. But as Warren Buffett famously says, “Be fearful when others are greedy and greedy when others are fearful.

2019-8-3 05:00	Square
greedy pile market stock others when fearful

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Square’s Stock Tanks but Its Bitcoin Business Is Roaring

Square’s stock fell more than 6 percent in after-hours trading after the company disappointed Wall Street with its outlook. One bright spot for the payments company is bitcoin, which users can buy and sell on the Cash App and which they are increasingly doing.

2019-8-2 04:05	Square
square bitcoin stock company tanks business roaring

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Jack Dorsey’s Square Is 33 Percent Undervalued, Says Wall Street Analyst

Jack Dorsey’s payments company Square is already up by a double-digit percentage in 2019, and one Wall Street analyst says there’s more runway for gains. According to TD Ameritrade Network, Instinet’s Dan Dolev believes Square’s stock, which is currently hovering at about $74, is worth more like $100 – and that’s a conservative estimate.

2019-7-7 01:15	Square
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Twitter’s Stock Could Feel More Love if Jack Dorsey Would OK Crypto Ads

By CCN: Twitter needs to update its restricted content policies for financial products and services as it relates to crypto. The company is behind the times now that Facebook has decided to loosen up about the market.

2019-5-10 21:10	#twitter
twitter crypto ads dorsey company jack love

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Square’s Stock Tanks after Lackluster Q1 Results

Despite a 43 percent year-on-year growth in net revenues, Square has declared a loss per share of 9 cents in a letter to shareholders. Wall Street was expecting the loss making company to finally declare an earnings call in the green, evidently, the market punished Square for hitting below expectations.

2019-5-3 09:22	Square
square earnings loss call below shareholder expectations

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Bitcoin-Friendly Square Headlines London Stock Exchange’s Blockchain ETF

Invesco, an American firm, and Elwood, a British digital asset investment company, announced the launch of a blockchain ETF on the London Stock Exchange today. The exchange-traded fund features 48 companies with ties to the blockchain industry, including some – like Square – that have dabbled directly in the bitcoin or crypto space.

2019-3-12 18:26
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How Apple Lost Its Edge: ‘Most Innovative Companies’ Rankings Dethrones iPhone Maker from #1 to Dismal #17

It’s been a rough year for Apple. iPhone sales are down 15%. The stock price got crushed. And now the company has lost its top spot on Fast Company’s list of the 50 Most Innovative Companies. The iPhone maker is replaced at number one by Chinese “super app” Meituan Dianping.

2019-2-22 14:03	Apple
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Prominent Venture Capitalist Fred Wilson Says Crypto Investors Will Not Have It Easy In 2019

The co-founder for Union Square Ventures, Fred Wilson published a blog post on New Year’s day titled “What is going to happen in 2019”. In that, he discussed varied topics such as bearish stock markets, a weakening economy, global financial issues, cryptocurrencies and more.

2019-1-2 17:49	News
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Analysts Applaud Square’s Bitcoin Strategy as Brilliant Despite Low Profitability

It has been nearly one year since San Fransisco-based payment processing company, Square, rolled out peer-to-peer Bitcoin trading within their popular Cash App, allowing customers to buy, hold, and sell the cryptocurrency without incurring any fees.

2018-12-21 02:00	Square
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Look at Data From Past Bitcoin Crashes and You Might (Possibly) Feel Better

After a bearish year of perennial price swings that culminated in months of tightly wound sideways movement, the (former) bottom has dropped out for bitcoin and the wider crypto market.

2018-11-28 21:44	Investing
bitcoin market percent network year price crash

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Word on the Street: Square wins crypto patent

US-listed payment app Square has been on a tear recently with its stock price surging 130% this year alone — and this week had a patent for a new crypto payment solution accepted by the US Patent and Trademark Office.

2018-8-31 23:03
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Square’s Big Week: Crypto Patent, Shares Leap, and Lightning Plug

Smartphone app payments company Square has had a pretty big week. It was revealed the company is further dipping its toes in the cryptosphere through a granted payments patent, and it’s causing quite a stir.

2018-8-31 00:35	Wall Street
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Credit Suisse Upgrades Square Stock Price Due To Cryptocurrency Payments Involvement

Credit Suisse, one of the leading global financial services for clients in nearly every facet of finance around the world is finally dipping their toes into the water of cryptocurrency. The company has worked hard to overhaul Square, giving the business payment processor and assistant for point of sale solutions an upgrade that has provided […]

2018-7-24 12:46	News
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Square Sees Stock Price Explode As Its Bitcoin Service Expands

Square, the financial services company started by Twitter’s co-founder Jack Dorsey, has been seeing its crypto service expand rapidly. Nomura Instinet: Square Is Decoupling From Bitcoin’s Performance Bitcoin has seen a dismal year so far, to be frank, with the foremost cryptocurrency taking a tumble from $20,000 down to a low of $5,800.

2018-7-14 17:00	#twitter
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Craig Wright Denies Being In Contempt For $1.2 Billion Lawsuit Against Bitcoin Core And Square

Australian computer scientist and self-proclaimed Bitcoin inventor Craig Wright is facing a contempt of court case over his lawsuit against BTC Core developers and Jack Dorsey’s Square. UK Judge James Mellor put Wright’s lawsuit on hold until the application is resolved on December 18.

US prosecutors investigate crypto transactions at Jack Dorsey’s Block

The U.S. Attorney's Office is examining the financial transactions of Jack Dorsey's Block.

Рыночная капитализация биткоина превзошла капитализацию серебра

Биткоин поднялся на восьмую позицию в рейтинге самых крупных активов мира и обошел рыночной капитализацией второй по ценности драгметал – серебро. Изменения видны на графиках сервиса Companies Market Cap,

Block Releases Q1 2023 Report Showing Cash App Bitcoin Revenue Rise 18% from Q4 2022 to Over $2B

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Crypto Biz: Twitter’s DOGE bet, Canada’s new crypto conglomerate, UK banking news

This week’s Crypto Biz explores Canada’s new crypto conglomerate, the recent premature passing of the Cash App creator in San Francisco, as well as DOGE news, and U.K. crypto challenges.

Cash App Creater Bob Lee Passes Away After Being Stabbed In San Fransicso

Bob Lee, who previously held the position of Chief Technology Officer at Square and was also behind the development of Cash App, passed away on Tuesday, April 4, due to injuries sustained from a stabbing incident that occurred in San Francisco.

Создатель платежного приложения Cash Арр Боб Ли убит в Сан-Франциско

Местное управление калифорнийской полиции сообщило, что бизнесмен получил смертельное ранение и скончался в больнице.

2019-8-4 04:05

square stock → Результатов: 15

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