Jaque Silva | Lightrocket | Getty Images Affirm shares jumped as much as 16% in after hours trading on Wednesday, after the provider of buy now, pay later loans reported better-than-expected fiscal fourth-quarter results. Here’s how the company did, compared to analysts’ consensus estimates from LSEG. Loss per share: 14 cents adjusted vs. 51 cents expected...
Block reported first-quarter earnings after the bell Thursday that exceeded analysts’ estimates. The stock rose more than 7% in extended trading. Here’s how the company did, compared with analysts’ consensus estimates from LSEG. Earnings per share: 85 cents adjusted vs. 72 cents expected Revenue: $5.96 billion vs. $5.82 billion expected Block, formerly known as Square,...
Jack Dorsey, co-founder and chief executive officer of Twitter Inc. and Square Inc., listens during the Bitcoin 2021 conference in Miami, Florida, on Friday, June 4, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images Block stock rose 19% Friday, a day after the payments company reported fourth-quarter earnings that beat analyst estimates on gross...
A woman holds a smartphone with the USD Coin logo displayed on the screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Circle, the issuer of the USDC stablecoin, has confidentially filed for an initial public offering with the U.S. Securities and Exchange Commission, a little more than a year after terminating a...
The cryptocurrency market has proven itself resilient despite some big setbacks, and more investors are wondering if now is the time to invest. Here Investing News Network takes a close look at trends observed in the market and what the future landscape of cryptocurrency, commonly called crypto, might look like. What are cryptocurrencies? Cryptocurrencies are...
Jack Dorsey creator, co-founder, and Chairman of Twitter and co-founder & CEO of Square arrives on stage at the Bitcoin 2021 Convention, a crypto-currency conference held at the Mana Convention Center in Wynwood on June 04, 2021 in Miami, Florida. Joe Raedle | Getty Images Shares of fintech firm Block surged as much as 19%...