BLOCK(SQ)

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Can SQ's Expanding Footprint in BNPL Domain Push the Stock Higher?
ZACKS· 2024-11-20 16:26
Block’s (SQ) Afterpay division and strong partner base are boosting its prospects in the ‘Buy Now, Pay Later’ (BNPL) market. Its partnership with several brands, including Curology, Helzberg Diamonds, Journeys, Rawlings Sporting Goods, and Zenni Optical, is noteworthy.Afterpay’s BNPL offering is now available to Alphabet’s (GOOGL) Google Play users. The expansion bodes well for the Afterpay division, on which Block estimates that consumers have spent more than $72 billion since its acquisition. Block levera ...
BP Wins Exploration Rights for Shallow Water Block Offshore Trinidad
ZACKS· 2024-11-20 15:51
BP plc (BP) , the British energy major, has signed a Production Sharing Agreement ("PSA") with Trinidad and Tobago in the shallow water block NCMA 2. BP's subsidiary won an offshore bidding round hosted by Trinidad and Tobago last year. The agreement allows for the exploration and production of natural gas in the shallow water block. The PSA is aimed at increasing the country's natural gas output to boost the supply of its liquefied natural gas (LNG) facilities. Trinidad and Tobago's natural gas supply has ...
H&R Block, Intuit stocks fall on news of a potential free tax-filing app by Trump transition team
CNBC· 2024-11-19 18:58
The stock prices for H&R Block and Intuit fell after a Tuesday report saying the Trump transition team is considering creating a free tax-filing app.Intuit, which makes the TurboTax tax-filing software, was down 5%, putting it on pace for its worst day since Aug. 23, when the company's stock price fell nearly 7%. H&R Block was down 8% and on pace for its worst day since 2020.President-elect Donald Trump's "Department of Government Efficiency" has held "highly preliminary" discussions about creating the free ...
These Artificial Intelligence (AI) Stocks Have Soared Since Trump Won the Election, but Should You Buy?
The Motley Fool· 2024-11-19 01:00
Donald Trump's election has shaken up financial markets in a way that few elections have. Stocks soared broadly on his victory with financials and energy stocks leading the way, while some sectors fell, including real estate, which is sensitive to interest rates, and consumer staples, which could get hit by tariffs.Bond yields initially jumped, a sign that bond investors anticipated interest rates would stay elevated due to tax cuts and other economic stimulus, as well as the impact of tariffs and larger de ...
Why Block Stock Was Winning This Week
The Motley Fool· 2024-11-15 12:00
One company that likely won't be happy to exit this week is Block (SQ -2.80%). Its stock was on the rise across the past few trading days thanks to a set of fresh -- and bullish -- evaluations of the fintech by analysts tracking its fortunes. As a consequence its share price had risen nearly 12% week to date as of Thursday night, according to data compiled by S&P Global Market Intelligence. Post-earnings updates Somewhat counterintuitively, that cluster of positive new evaluations for Block came on the heel ...
Lilium N.V. ALERT: Securities Fraud Lawsuit Could Allow Investors to Recover Losses; Block & Leviton Encourages Investors to Contact The Firm to Learn More
GlobeNewswire News Room· 2024-11-14 15:14
BOSTON, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Block & Leviton announces that a securities fraud lawsuit has been filed against Lilium N.V. (NASDAQ: LILM, LILMW; OTC: LILMF) and certain of its executives. Investors who have lost money in their Lilium N.V. investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/lilmf. What is this all about? Lilium N.V. and certain executives have been sued for securities fraud, alleging th ...
H&R Block to Settle FTC Lawsuit Alleging Deceptive Claims
PYMNTS.com· 2024-11-12 21:05
H&R Block will pay $7 million and change some of its practices under a proposed settlement that would resolve a Federal Trade Commission (FTC) lawsuit alleging that the company made deceptive claims about "free" tax filing. The FTC filed an administrative lawsuit against H&R Block in February, charging that the company advertised its online tax filing products as "free" even though many consumers could not file for free, the regulator said in a Tuesday (Nov. 12) press release. The lawsuit also charged that ...
Why Block (SQ) is a Top Momentum Stock for the Long-Term
ZACKS· 2024-11-11 15:55
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both. Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor. Zacks Premium also includes the Zacks Style Scores. What ar ...
H&R Block: Attractive Entry Point, Buy The Dip
Seeking Alpha· 2024-11-10 17:15
H&R Block (NYSE: HRB ) just reported their normal uneventful Q1, and shares declined 6.5%, now giving up most of the gains since reporting their big FY24 and guiding FY25 well above consensus. Individual investor and family office principal with over 20 years of investment experience. I favor fundamental analysis and look for individual issues and asset classes that are out of favor and represent a good risk/reward trade off. I often employ options strategies, covered calls on companies I own that have gott ...
Block: Anticipating Gross Profit Rebound And Margin Expansion From Strong GPV Growth In FY2025
Seeking Alpha· 2024-11-10 16:20
Investment Strategy - HODL strategy is unlikely to generate significant alpha or maintain a high Sharpe ratio over the long term [1] - Active management and minimizing opportunity costs are essential for seeking alpha [1] - High positive returns do not necessarily equate to generating high alpha [1] Analyst Background - The analyst specializes in fundamental equity research, global macro strategy, and top-down portfolio construction [1] - The analyst holds a degree in Business Economics from UCLA and a Master of Accounting from UMich Ross School of Business [1] - The analyst is a senior analyst at a multi-strategy hedge fund [1] Disclosure - The analyst has no stock, option, or derivative positions in any mentioned companies and no plans to initiate such positions within the next 72 hours [2] - The article expresses the analyst's own opinions and is not compensated by any company mentioned [2] - Seeking Alpha's disclosure states that past performance is no guarantee of future results and no investment advice is being given [3] - Seeking Alpha analysts are third-party authors, including both professional and individual investors, who may not be licensed or certified [3]