block
ValueWalk
ValueWalk
The Adani short seller is back with its latest research report this time against Jack Dorsey’s company The report alleged that Block’s core technology and mission was flawed and that the company had engaged in deceptive marketing practices. The accusations caused the stock to plummet 14.8% over the day. Hindenburg disclosed in the report that it is short the stock currently. Q4 2022 hedge fund letters, conferences and more Find A Qualified Financial AdvisorFinding a qualified financial advisor doesn't have to be hard. SmartAsset's free tool matches you with up to 3 fiduciary financial advisors...
ValueWalk
It’s been a tough year for payments platform fintech Block (NYSE:SQ) stock as it trades down (-58%) on the year. The old adage, “it’s better to have had and lost, than to never had it at all” is what optimistic investors must remind themselves every day. The pandemic was a boon for e-commerce and payments companies like Block, PayPal (NASDAQ:PYPL), Shopify (NASDAQ:SHOP), Ali Baba (NASDAQ:BABA), Amazon (NASDAQ:AMZN), and Apple (NASDAQ:AAPL) as consumers migrated to the digital economy which includes payments and investing. Q2 2022 hedge fund letters, conferences and more Find A Qualified Financ...
ValueWalk
San Francisco (AFP) - Jack Dorsey on Thursday announced that his digital payments firm Block is building a system to make it easier for people to mine bitcoin. Dorsey said in a tweet that Block, formerly known as Square, is "officially building an open bitcoin mining system," following through on an idea floated publicly late last year. In November, Twitter co-founder Dorsey announced his departure from the social media platform, allowing him to concentrate on his digital payments firm as it expands into cryptocurrency. Block changed its name from Square late last year to denote a broader miss...
AFP
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