|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||51.12 - 54.63|
|52-week range||16.22 - 58.46|
|PE ratio (TTM)||N/A|
|Earnings date||1 May 2018 - 7 May 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||47.65|
Square Inc. shares are down 5.1% in Friday's session after Craig Hallum Capital group analyst Brad Berning downgraded the stock to sell. "Competition is tired of Square winning and they are bringing ...
Deutsche Bank analyst Bryan Keane raised his price target on Square Inc. shares to $57 from $47 on Friday, citing management's plans to invest for growth on both the consumer and merchant sides of the ...
“I personally believe that it will be bitcoin.” The comments echoed similar statements he’s made about the currency, as well as the move earlier this year to allow Square Cash users to buy and sell it. Merchants who use square, an analyst recently found, are already widely willing to accept bitcoin instead of cash.
The major market averages were volatile early Friday. IPO Leader Square declined, while Five Below broke out past a buy point.
Square’s Cash app has been building momentum, and Square is now allowing its users to get significant discounts off coffee, in a play for more millennial users.
Mizuho analyst Thomas McCrohan raised his price target on Square Inc. shares to $61 from $50 on Friday, based on his upbeat assessment of Square's ability to grow payment volumes and generate better margins ...
Saturday, 10am, the Street of the Cats. Morning hammered thin by rain, paving stones licked by bronze. Outside the bakery, four ladies boneless as the loaves in their trollies, tossing a recipe for meatballs ...
In February, Yandex and Uber completed a transaction to combine their ride-hailing businesses in Russia and neighboring countries under a joint venture. In addition to contributing to its operations, Uber invested $225 million in cash in the joint venture while Yandex invested $100 million in cash. The Yandex-Uber joint venture is valued at more than $3.8 billion and owned 59.3% by Yandex and 36.9% by Uber.
Thirty years ago, Martin Korman joined the protests that ousted Czechoslovakia’s communist regime. Last week he was on the streets again among tens of thousands of Slovaks who rallied in outrage at the ...
Twitter and Square CEO Jack Dorsey recently had some remarkably positive remarks about bitcoin. Predicting the future of finance, he suggested that the “father of cryptocurrencies” is likely to become the world’s only currency within the next 10 years.Speaking with The Times, Dorsey stated:The world ultimately will have a single currency. The internet will have a single currency. I personally believe that it will be bitcoin.Dorsey’s optimism comes at a time when bitcoin and virtual money have been deemed “not that significant” by varying regulators. During Argentina’s recent G20 summit, several panel members stated their belief that it was not necessary to globally regulate cryptocurrencies just yet.They did, however, request that affiliate countries submit their recommendations for regulation by this coming July, so, while advocates of bitcoin may not see changes to the cryptocurrency infrastructure in the immediate future, that could change as early as this summer.Still, cryptocurrency was a large topic at this year’s summit, and many agreed that for now, things would remain as they are.Even longtime opponents like the Bank of England’s Mark Carney ultimately changed their sentiment. Carney, who has long discussed concerns of illicit activities surrounding virtual money, published a letter on the eve of the summit’s start explaining that cryptocurrency did not pose serious risks to the financial industry, as it only accounted for a small percentage of current transactions.Right now, Dorsey doesn’t feel bitcoin is strong enough to take over the financial market, nor does he feel it has what it takes to serve as an “effective” currency, calling it “slow” and “costly” during his interview. He is leaving it to payment processing companies, like his own Square, to make bitcoin more acceptable to businesses.Additionally, he has stated there are “newer technologies” emerging that build off the blockchain which should make bitcoin more accessible to the public in the long run.Dorsey says that most modern-day bitcoin holders aren’t interested in spending their coins or using them to buy goods or services. Rather, they’re seeking to hang on to them for as long as possible to see how high they can spike in value. This, combined with the currency’s volatility, high transaction fees and low merchant adoption rate has prevented the currency from achieving all it can.But Dorsey is confident that bitcoin will someday be used for everyday purchases, from cups of coffee to haircuts.“We see it as a long-term path toward greater financial access for all,” he explains.Dorsey has previously gone on record to describe bitcoin as the “next big unlock” for global finance, and his company, Square, released an illustrated children’s book discussing the advantages of cryptocurrency.Twitter recently made headlines when it announced that it would be following in the footsteps of Facebook and Google by banning cryptocurrency and ICO-related ads. The social media giant is allegedly joining the fight to prevent scammers and fake companies from having their time in the limelight, thus paving the way for bitcoin’s legitimacy. The price fell nearly $700 soon after, though it quickly rebounded. This article originally appeared on Bitcoin Magazine.
What is the endgame for bitcoin? Skeptics label it a scam and a fraud, predicting it will crash and eventually be worth zero, and at the other end of the spectrum, champions believe it to be the future ...
The unqualified success of the payment app is inviting competition from players big and small, all wanting a piece of its peer-to-peer payment popularity.
Payments network Square (SQ) has been allowing its users to buy and sell bitcoin through its Cash app. One analyst thinks that merchants are now ready to receive payment in bitcoin, despite the digital currency's volatile price swings. In a survey of nearly 100 merchants who use Square, Instinet analyst Dan Dolev found that about 60% were willing to accept bitcoin as payment in lieu of cash.
Stocks opened higher on Wednesday morning, but U.S. indexes quickly slumped into the red on the back of continued concerns about an impending trade war.
Shares of Square Inc. (SQ) gained more than 4.5% in early morning trading Wednesday after a recent survey found widespread satisfaction among the payment company's merchants and highlighted new bitcoin-related opportunities that could be on the horizon.
More than half of the retailers that use Square Inc.’s technology at the checkout stand would take Bitcoin as a form of payment, according to a new study.
Shares of Square Inc. are up 1.3% in premarket trading Wednesday after an analyst at Instinet cited high merchant willingness to accept Bitcoin as a form of payment. According to Instinet's recent survey ...