Jonathan KnowlesSQ's Bitcoin Thesis Dilutes Its Fintech Performance We previously covered Block (NYSE:SQ) in July 2024, discussing the stock's underperformance despite the double beat FQ1'24 earnings results and raised FY2024 guidance, with the stock's FWD valuations also consistently moderated compared to their 1Y and pre-pandemic means. Perhaps part of the headwinds might be attributed to the management's intensified investments in bitcoins, a development that might trigger its further underperformanc ...

Exxon Mobil Corporation (XOM) has withdrawn from the bidding process to acquire a 40% stake in Namibia's offshore Mopane oil discovery from Galp Energia, per a Reuters report. The decision arrived after more than 12 major oil companies, including ExxonMobil, Shell plc and Brazil’s Petrobras, expressed interest in the block.Galp's stake in the Mopane block has drawn attention due to its estimated reserves of 10 billion barrels of oil and gas equivalent. The block could be worth more than $10 billion, making ...

Block, Inc. (NYSE:SQ) Goldman Sachs Communacopia and Technology Conference September 9, 2024 1:50 PM ET Company Participants Amrita Ahuja - COO & CFO Conference Call Participants Will Nance - Goldman Sachs Will Nance All right, everyone. I'm Will Nance. I cover Payments and Fintech here at Goldman. I am delighted to have Amrita Ahuja here, CFO and COO of Block. Amrita, you've been here several times, but it's my first time interviewing you. So really appreciate you being here. Amrita Ahuja Thanks for having ...

Block, Inc. (NYSE:SQ) Goldman Sachs Communacopia and Technology Conference September 9, 2024 1:50 PM ET Company Participants Amrita Ahuja - COO & CFO Conference Call Participants Will Nance - Goldman Sachs Will Nance All right, everyone. I'm Will Nance. I cover Payments and Fintech here at Goldman. I am delighted to have Amrita Ahuja here, CFO and COO of Block. Amrita, you've been here several times, but it's my first time interviewing you. So really appreciate you being here. Amrita Ahuja Thanks for having ...

hapabapa Block: Down, But Not Out Yet Block, Inc. (NYSE:SQ) investors have endured significant market volatility in August 2024, as the fintech leader fell toward the $55 zone before its recent recovery. As a result, fintech investors are likely assessing whether SQ can position itself for more sustained progress in its underlying momentum, even as the economy potentially weakens further. Fintech leaders like PayPal (PYPL) have experienced a remarkable recovery in buying sentiments, suggesting the worst of ...

Block Inc. NYSE: SQ is a financial technology (fintech) provider in the computer and technology sector focused on making commerce and financial services accessible to businesses and consumers. While the company has many synergistic and complementary products and services, it has two core ecosystems: Cash App and Square.Block TodaySQBlock$62.63 +1.39 (+2.27%) 52-Week Range$38.85▼$87.52P/E Ratio81.34Price Target$87.52Add to WatchlistBlock competes with other fintechs like PayPal Holdings Inc. NASDAQ: PYPL, Sh ...

BOSTON, Sept. 04, 2024 (GLOBE NEWSWIRE) -- Block & Leviton is investigating iLearningEngines, Inc. (Nasdaq: AILE) for potential securities law violations. Investors who have lost money in their iLearningEngines investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/aile. What is this all about? Shares of iLearningEngines are down 55% following the release of a Hindenburg Research report on the firm's accounting pract ...

Attendees can earn up to $110 more by posting about their visits to participating Main St. businesses through the Thumzup app Los Angeles, CA, Sept. 04, 2024 (GLOBE NEWSWIRE) -- Thumzup Media Corporation (“Thumzup” or the “Company”) (OTCQB: TZUP), a leader in innovative social media branding and marketing solutions, is excited to announce its participation in the Main Street Block Party and Day of the Dog Festival, taking place on Saturday, September 7, 2024. Thumzup will host a booth at the event from 12:0 ...

KANSAS CITY, Mo., Sept. 03, 2024 (GLOBE NEWSWIRE) -- H&R Block, Inc. (NYSE: HRB) today announced that Tony Bowen, Chief Financial Officer, and Michaella Gallina, Vice President, Investor Relations and Chief Financial Officer at Wave, will host investor meetings at the Barclays Global Financial Services Conference on Tuesday, September 10, 2024, in New York City, New York. To request a meeting, please contact your Barclays salesperson. About H&R Block H&R Block, Inc. (NYSE: HRB) provides help and inspires co ...

KANSAS CITY, Mo., Sept. 03, 2024 (GLOBE NEWSWIRE) -- H&R Block, Inc. (NYSE: HRB), a leading provider of global tax preparation, financial products and small business solutions, today announced the promotion of Andy Phillips to Vice President of The Tax Institute. Phillips succeeds Chief Tax Officer Kathy Pickering, who retired after 25 years of service to the company. In his new role, Phillips will lead The Tax Institute at H&R Block and its world-class team of tax attorneys, CPAs and enrolled agents who pr ...