| (USD) | Dec 2023 | Q/Q |
|---|---|---|
| Revenue | 5.8B | +3% |
| Gross Profit | 2B | +7% |
| Cost Of Revenue | 3.7B | +1% |
| Operating Income | -130.7MM | - |
| Operating Expenses | 2.2B | - |
| Net Income | 178.1MM | -715% |
| R&D | 685.4MM | -4% |
| G&A | 746.2MM | +55% |
| Marketing | 506MM | +6% |
| Provision | 175.7MM | -1% |
| Amortization | 43.1MM | -24% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
This pair of fintech stocks is being underestimated by the market.
Key Insights Significantly high institutional ownership implies Block's stock price is sensitive to their trading...
As of late 2023, the US economy seemed poised for a controlled slowdown, with hopes of easing inflation and steadier growth. However, 2024 has brought surprising developments. The economy is booming, and job gains are substantial, but inflation remains persistently high. This divergence from expectations has raised concerns among policymakers, as the U.S. Federal Reserve aims to curb inflation without risking a recession. Uncertainty looms over the outlook for further rate cuts, with speculation
This fintech pioneer operates two successful businesses with sizable growth potential.
Square stock bulls focus on its merchant, Cash App and Afterpay synergies. Management touts Cash App banking services as a key growth driver.
DISTRIBUTED-WORK-MODEL/OAKLAND, Calif., April 04, 2024--Block, Inc. (NYSE: SQ) will release financial results for the first quarter of 2024 on Thursday, May 2, 2024, after market close. Block will also host a conference call and earnings webcast at 2:00 p.m. Pacific Time/5:00 p.m. Eastern Time on the same day to discuss these results. To register to participate in the conference call, or to listen to the live audio webcast, please visit the Events & Presentations section of Block’s Investor Rela
Shares of Block, Inc. (SQ) are trading lower on Thursday afternoon as the company faced a downgrade from Morgan Stanley analysts, rating the stock Underweight from Equal-Weight and lowering the price target from $62 to 60. The analyst cites doubts about Cash App's ability to grow, especially with Gen Z consumers. Yahoo Finance Anchors Josh Lipton and Julie Hyman break down the latest development with Block. For more expert insight and the latest market action, click here to watch this full episo...
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Block stock has considerable long-term upside with exposure to several large growth markets.
A relatively modest amount of money can go a long way when it's put to work in top-tier businesses with abundant catalysts.