Financial Performance - Block's Q2 adjusted operating income beat expectations by approximately $100 million, a 20% increase [2] - Block is raising its guidance by over 2%, specifically 2.4%, a significant achievement [2] Company Strategy & Growth Drivers - Block possesses a unique two-sided network with Cash App and its point-of-sale business [4] - The company has the potential to connect its ecosystem, creating a network effect unmatched by competitors [4] - Continued execution, coupled with crypto initiatives, positions Block for future growth [5] Industry Context - Block's raised fiscal year guidance demonstrates management's confidence, contrasting with other fintech companies [6] - Unlike some peers, Block is showing a true raise to the fiscal year guidance [6] Market Perception - The market reacted positively to Block's Q2 results, with shares trading up 10% [1] - Analysts anticipate continued upward movement in Block's stock [3]

Federal Reserve Policy & Labor Market - The Federal Reserve (Fed) could consider cutting rates in September if July's jobs report trends continue with significant downward revisions and softening hiring [3] - The Fed acknowledges downside risks to the labor market, making it a key driver of Fed policy and the equity market [4] - A slowdown in job creation doesn't necessarily indicate a bearish economic outlook due to a contraction in the labor force [5] - Supply-side labor is decreasing as foreign-born workers exit the economy [7] Tech Sector & Investment Strategies - Big tech remains a favorable investment area, despite software experiencing a slight downturn [8] - Investors are evaluating the sustainability of companies' competitive advantages (moats) amid AI advancements, focusing on revenue growth, user base expansion, and protection against competitors like OpenAI and ChatGPT [9][10] - The market is becoming more selective, with winners and losers emerging, requiring investors to deeply understand a company's strengths, weaknesses, and defenses against AI threats [11][12] - A stock-picking mindset is crucial, as thematic or sector-based approaches become more challenging due to exemptions granted to specific sectors and companies [13] - A factor or characteristic-based viewpoint, rather than a sector view, is recommended, focusing on companies with solid fundamentals in earnings growth and profit margins [14][16] - Sectors like tech, utilities, and industrials, despite their diverse classifications (growth, defensive, cyclical), share an AI theme and strong fundamentals [14][15] Macroeconomic Environment - The market is expected to remain in an environment of elevated tariff rates, labor force contraction, and downward pressure on supply [16]

CNBC’s Contessa Brewer interviews Flutter CEO Peter Jackson about the company’s Q2 2025 earnings, raising full year guidance, growth in iGaming and strength in the internation business ...

Hey Morgan. So block shares surging about 9% in after hours trading despite a miss on both the top and bottom line. EPS coming in at 62 cents.The street wanted to see 69 cents. Revenue $6.05% billion for the quarter against estimates of 6.3% billion. I'm seeing transaction revenue coming in in line with estimates.Same thing with subscription and services revenue. GPV that is a read on how the Cash App and Square business is doing. that came in slightly ahead of estimates 66.62% billion versus 66.32% billion ...

World, sponsored by Crypto. com. >> All right.Welcome back. Technically speaking, stocks are still in an uptrend. But that doesn't mean risks aren't lurking in the charts.Jason Hunter, head of technical strategy for JP Morgan, joins us now. Welcome back. >> Thanks for having me Scott.>> So the key area 6150 to 6200. We're at 6327 as we speak. Why are you watching that.>> So that's you know, we're the big supporters right now. The 50 day moving average. There's uptrend line support in that area.That's really ...

Federal Reserve Nomination - President intends to nominate Steven Mir, chair of his council of economic advisers, to the open seat created by Audriana Cougler's departure [1] - Nomination might be considered for the October meeting, with a very difficult outside chance for the September meeting [2] Economic Policy Implications - Steven Mir is seen as an intellectual architect of the president's policies, including devaluing the US dollar to help US manufacturing [2] - Mir is a critic of the trade deficit and believed to be a key author of the Mara Lago accords, potentially involving a 100-year bond to foreign holders of US debt in a non-interest bearing account [2] - Rethinking trade is a significant aspect of the president's agenda, and a looser monetary policy could devalue the US dollar [3]

With stocks mostly rangebound and heading into a challenging seasonal stretch, what is the best strategy right now for investors. Sarah Malik is head of New Equities and Fixed Income, CIO and chair of New's investment committee joins us now. It's nice to see you. >> Good to see you, Scott.>> So, we have an undeniable pause. Is it just that. Do we need to reverse ourselves lower or where do we go from here and why.Well, Scott, we are leading to low liquidity in late August and as you mentioned, September is ...

Let's ask Wharton School professor of finance Jeremy Seagull. He's also chief economist for Wisdom Tree. Welcome back.It's nice to see you as always. Good to see you, Scott. You still like this market. Yeah, I I still like it.I I I think there were a little some disappointments today. I actually think uh the Bloomberg report that maybe Waller is the top candidate uh rather than War. uh he uh uh is not seen as uh uh dovish for Fed chair and I think that that kind of discouraged the market may a little bit co ...

Today, major cryptocurrencies rise amid news that crypto could soon be allowed in 401ks. Ripple moves deeper into the stable coin space. And Steven McCcler of Canary Capital provides his outlook on altcoin ETF applications.Welcome to CNBC's Crypto World. I'm Tana McKil. Crypto prices in the green once again this morning on excitement that Bitcoin and other digital assets could soon be coming to 401ks.We'll have more on that in just a bit. As of noon Eastern, Bitcoin climbed back above the $116,000 mark for ...

Well, let's go from chips to the credit markets. Wall Street's watching closely as the Treasury hits the market with its latest 30-year bond auction. Investors are parsing demand for long-term debt amid rising deficits, shifting rate expectations, and of course, the economic outlook is uncertain.Rick Santelli joins us now from Chicago. Rick, what do you have. >> Yeah, you know, there is a lot to unpack there.Let's start at the beginning and let the charts do some talking. If you look at twos and tens since ...