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Affirm Stock Soars 21% After Earnings. Why Wall Street Is Excited.
29.08.2025 13:57
Revenue rose 33% to $876 million, handily topping the $837 million analysts had anticipated, according to FactSet. Gross merchandise volume, a key metric representing the total dollar amount of all transactions on the platform, net of refunds, was up 43% at $10.4 billion. The figure was also up sequentially; Affirm reported $8.6 billion in GMV in the previous quarter.
Block price target raised to $70 from $65 at Truist
22.08.2025 13:05
Truist analyst Matthew Coad raised the firm’s price target on Block (XYZ) to $70 from $65 and keeps a Sell rating on the shares. The success of Borrow is generating the majority of Block’s current re-acceleration in top-line growth, but the firm continues to be relatively cautious on the shares on the belief that the Street is not taking into account the impact of credit losses and the working capital needed for Block to grow their lending products at this robust pace, the analyst tells investor
Block's Inflection Needs Convincing Outperformance - Second Chance At Growth
22.08.2025 08:30
Discover how XYZ's strong FQ2'25 results & raised FY2025 guidance signal a potential rebound, driven by Cash App growth & international market expansion.
Jack Dorsey Teases Bitchat's New 'Teleport' Tool: Users Worry About Privacy, Surveillance And Bots
22.08.2025 07:58
Block Inc. (NYSE:XYZ) CEO Jack Dorsey revealed a new location chat feature for his decentralized messaging application Bitchat on Thursday, claiming to “teleport” anywhere in the world. What’s New For Bluetooth-Powered Bitchat? In an X post, Dorsey teased “location chat,” a new feature that allows users to connect with individuals in neighboring regions, including their neighborhood, city and country. An image showed the potential interface with geohash-based chat channels, indicating proximity,
3 Russell 2000 Stocks We Steer Clear Of
22.08.2025 04:31
The Russell 2000 (^RUT) is home to many small-cap stocks, offering investors the chance to uncover hidden gems before the broader market catches on. However, these companies often come with higher volatility and risk, as their smaller size makes them more vulnerable to economic downturns.
Toast Reports Net Adds Surge in Q2: Is the Momentum Sustainable?
21.08.2025 15:23
TOST has added 8,500 new locations in the second quarter, lifting its total to 148,000 and eyeing record net adds in 2025, but risks loom.
Purdys Chocolatier Elevates In-Store Experience Across Canada With Square
21.08.2025 12:00
TORONTO, August 21, 2025--Purdys Chocolatier, one of Canada’s most beloved and renowned chocolate brands, is making its in-store experience even sweeter with a new nationwide partnership with technology company Square.
Australia Launch & AMEX Deal: Will TOST's Recipe Fuel its Growth Engine?
20.08.2025 14:26
Toast projects 29% growth in 2025 as international expansion and a new AMEX partnership fuel momentum in restaurant tech.
QR Code Payment Market Trends Analysis Report 2025-2033, with Profiles of PaymentCloud, Clover Network, Revolut, Nearex, ACI, Ecentric Payment Systems, Block, UnionPay, LINE Pay, and PayPal
18.08.2025 08:21
The global QR Code Payment Market is projected to reach USD 61.73 billion by 2033, growing at a CAGR of 20% from 2025 to 2033. Growth is driven by rising smartphone use and demand for contactless payments. The Asia Pacific leads this market surge. Discover trends and strategic insights in this comprehensive report.Dublin, Aug. 18, 2025 (GLOBE NEWSWIRE) -- The "QR Code Payment Market Size, Share & Trends Analysis Report By Offerings (Solution, Services), By Solution (Static QR Code, Dynamic QR Co
Could Buying Block Stock Today Set You Up for Life?
15.08.2025 09:20
It's up 30% during the past three months.
New York sues Zelle, says security lapses led to $1 billion consumer fraud losses
13.08.2025 15:11
NEW YORK (Reuters) -Zelle was sued on Wednesday by New York Attorney General Letitia James, who said the electronic payment platform's refusal to adopt critical safety features enabled fraudsters to steal more than $1 billion from consumers. The lawsuit in a New York state court in Manhattan followed the U.S. Consumer Financial Protection Bureau's decision in March to drop a similar case. That agency has ended most enforcement activity following U.S. President Donald Trump's return to the White House.
TOST Skyrockets 78% in a Year: How Should You Play the Stock?
13.08.2025 14:12
Toast's 78% surge in a year highlights strong growth and innovation, but lofty valuation and macro headwinds loom large.
Block, Inc. Announces $1.5 Billion Offering of Senior Notes
13.08.2025 12:20
DISTRIBUTED-WORK-MODEL/OAKLAND, Calif., August 13, 2025--Block, Inc. ("Block") (NYSE: XYZ) today announced its intention to offer, subject to market conditions and other factors, $1.5 billion aggregate principal amount of senior notes in two series (the "Notes") in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Act"), and outside the United States to non-U.S. persons pursuant to Regu
Cathie Wood Snaps Up Millions in Block, Dumps Shopify
12.08.2025 17:50
Cathie Wood Adds to Block Position as Shopify Gets the Axe
If You'd Invested $1,000 in Block (XYZ) 5 Years Ago, Here's How Much You'd Have Today
12.08.2025 16:34
Growth rates aren't what they used to be for the once-hot fintech company.
‘Buy Now, Pay Later’ Wants to Kill Credit Cards. But They’re Becoming Similar
11.08.2025 04:01
Amid economic uncertainty, “buy now, pay later” has exploded among consumers. Affirm and Afterpay speak to WSJ about the industry’s growth, risks and new opportunities.
Block Pops On Q2 Earnings, But The Real Test Is Coming (Rating Upgrade)
09.08.2025 09:15
Block posted record operating income and raised guidance, but growth lags and valuation stays rich amid competition. Find out why XYZ stock is upgraded to hold.
Analysts Estimate Block (XYZ) to Report a Decline in Earnings: What to Look Out for
31.07.2025 14:00
Block (XYZ) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Cathie Wood bets on AI stock over Bitcoin again
31.07.2025 13:32
Ark Invest is leaning into AI as AMD ramps up competition with Nvidia.
Square Data Shows How 2025’s Economic Volatility Is Impacting the Restaurant Industry
31.07.2025 13:00
OAKLAND, Calif., July 31, 2025--Today, Square unveiled new data on the restaurant industry in 2025, which is finding its footing amid economic uncertainty.