Milan - Delayed Quote • EUR BLOCK (1SQ.MI) Follow Compare 88.86 -0.56 (-0.63%) At close: January 29 at 4:07:21 PM GMT+1 All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Block, IBD Stock Of The Day, Rides Crypto Gains Ahead Of Earnings Report Square parent Block is the IBD Stock of the Day as the digital payments company climbs above its 50-day moving average, forging an early entry point. Annual Square Research Indicates Year of Experimentation and Customer Focus for Restaurants to Combat Economic Headwinds OAKLAND, Calif., January 30, 2025--Square, the technology company that makes commerce and financial services easy and accessible, today released early insights from its forthcoming annual Future of Commerce report, providing a unique look at the restaurant, retail, and beauty industries across the US, Canada, UK, and Australia. Cash App Owner to Pay $80 Million Over Alleged Anti-Money-Laundering Deficiencies Block has agreed to pay $80 million in a settlement with dozens of state regulators over alleged problems with its program to counter money laundering. Block Announces Ticker Symbol Change to XYZ; To Report Fourth Quarter Results DISTRIBUTED-WORK-MODEL/OAKLAND, Calif., January 09, 2025--Block, Inc. (NYSE: SQ) announced today that it will be changing its ticker symbols from "SQ" and "SQ2" to "XYZ". This is in connection with the company’s earlier name change to "Block" and its ecosystem of brands including Cash App, Square, Afterpay and TIDAL. The change will be implemented across the company’s dual listings on the New York Stock Exchange (NYSE) and the Australian Securities Exchange (ASX). Effective January 21, 2025, the Dow Jones Payments Leader American Express, Block In Or Near Buy Zones Dow Jones payments giant American Express, along with Block and GE Vernova, are in or near buy zones in today's stock market. 3 US Growth Stocks With High Insider Ownership Expecting Up To 57% Earnings Growth As the U.S. stock market rebounds from a sluggish start to 2025, with major indices like the S&P 500 and Nasdaq snapping five-session losing streaks, investors are closely watching for growth opportunities amid ongoing volatility. In this environment, companies with high insider ownership can offer unique insights into potential earnings growth, as insiders often have confidence in their firm's future prospects and alignment with shareholder interests. ServiceNow, Chewy, Block: 3 stocks in focus Morning Brief anchors Brad Smith and Madison Mills examine today's top Wall Street analyst calls. RBC Capital has increased its price target on ServiceNow (NOW) to $1,210 per share from $1,045. The firm highlights ServiceNow's potential to monetize generative AI demand through its Pro Plus offering, launched in 2023. Wolfe Research has upgraded pet retailer Chewy (CHWY) to Outperform, pointing to multiple growth drivers: improving customer acquisition, increased net sales, new product initiatives, and planned international expansion. Additionally, Raymond James has raised its rating on Block (SQ) to Outperform with a price target of $115, expressing confidence in the company's growth prospects for 2025. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Angel Smith Bank of America Lines up 2 Top Picks for 2025 There’s a lot of bullishness about 2025 – and not just because of the 23% gain in the S&P 500 in this outgoing year. Polling has shown a high level of public confidence that the incoming Trump administration will implement pro-business policies, including deregulation and tax cuts, which are anticipated to further stimulate economic growth. Savita Subramanian, head of US equity strategy at Bank of America, has been closely monitoring the situation. On the macro picture, Subramanian aligns with B Square Teams up with Sysco, Delivers New Features to Save Restaurants Time and Smooth Cash Flow OAKLAND, Calif., December 18, 2024--Today, Square announced a new partnership with Sysco, a leading global foodservice distributor, along with a number of new features to help food and beverage sellers run their businesses with ease. Block price target raised to $112 from $100 at Barclays Barclays raised the firm’s price target on Block (SQ) to $112 from $100 and keeps an Overweight rating on the shares. The firm says sector financial technology sentiment “is finally improving” heading into 2025, as valuations appear to be trending back toward average historical levels. As we enter 2025, investors appear to be generally more constructive on fintech names, the analyst tells investors in a research note. Barclays tells investors to “play stocks whose moves are only half finished.” How BNPL purchases might be causing 'harm' to consumers LexisNexis Risk Solutions Vice President of Credit Risk Kevin King joins Wealth to discuss the rising trend of buy now, pay later (BNPL) platforms. King notes that BNPL platforms are "changing the way consumers are thinking about credit" by "creating more affordable rates" for retail purchases. However, he cautions that this approach may be "doing some harm in terms of encouraging unsustainable purchasing habits," potentially allowing consumers to "get in over their heads very quickly." LexisNexis data reveals a 20% increase in BNPL usage from November 2023 to November 2024, with the growth primarily accelerating during the Black Friday/Cyber Monday weekend. Notably, this expansion is not driven by new users, but instead by existing customers. King points out 94% of the growth comes from consumers who wanted "to find more and more ways to leverage that financial tool." "It's clear that once consumers develop an affinity and familiarity with these tools, they're using them again and again, retail season or not," he tells Yahoo Finance, noting that there has been a rise in grocery and auto purchases on these platforms. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Angel Smith 3 US Growth Stocks With High Insider Ownership As the U.S. stock market takes a breather from its recent rally, investors are keenly watching for the upcoming jobs report and its potential impact on future economic policies. In this environment, growth companies with high insider ownership can be particularly appealing, as they often align management's interests with those of shareholders, potentially offering resilience and commitment in uncertain times. Nvidia, Disney Shine On This Screen. But Here's The Real Star. Nvidia stock continues to float near its buy zone as Disney sets up. But Credo Technology is the real star of this breakout show. Square, Afterpay, and Cash App Surpass Records This Black Friday and Cyber Monday With 144 Million Transactions DISTRIBUTED-WORK-MODEL/SAN FRANCISCO, December 03, 2024--Over the Black Friday and Cyber Monday weekend, sellers using Block’s ecosystem of commerce tools broke records with 144 million Block consumer transactions globally, a 17% increase from last year.* With over 1 in 3 shoppers more stressed about holiday shopping this year compared to last, customers all around the world turned out in droves for the mega discounting weekend to save on gifts, shopping both online and in-store and driving incr Bernstein lifts Block price target to $120 Block (SQ) shares are rallying after Bernstein analyst Harshita Rawat raised the company's price target to a Wall Street high of $120, up from $90 per share. The firm designated Block as their "best new idea," citing continued growth momentum in both Block's core business and its Cash App platform. Market Domination Co-hosts Julie Hyman and Josh Lipton break down the details. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Angel Smith Block, Super Micro Computer, Bumble: Top stories Yahoo Finance Special Reporter Akiko Fujita dives into three top market stories. Bernstein has raised its price target for Block (SQ) (formerly Square) to $120, designating it as the firm's "new best idea." The upgrade is based on expectations of strong profitability growth for the fintech company. Super Micro Computer's (SMCI) stock is gaining momentum following the results of an independent review that found no evidence of misconduct at the server provider. This development comes as its accountant resigned citing transparency concerns. Meanwhile, dating app company Bumble (BMBL) has announced that CFO Anu Subramanian will step down from her position in 2025. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Angel Smith 2 bullish charts showing how Block is breaking out post-election Technical patterns don't only measure prices, they measure belief. CFPB expands oversight to PayPal and Block, says New Street New Street says the Consumer Financial Protection Bureau’s finalized rule that it will soon supervise non-bank firms that offer financial services includes PayPal (PYPL), Block (SQ), Apple (AAPL), Google (GOOG, GOOGL) Amazon (AMZN) and Zelle. Unsurprisingly, banks supported these actions after facing competitive pressure from tech firms moving into financial services, the analyst tells investors in a research note. The firm believes it is not yet known whether the Trump administration will decid Festive Foliage: Square Data Reveals the Best Time to Buy a Christmas Tree OAKLAND, Calif., November 26, 2024--With the holiday season right around the corner, retailers are gearing up for the rush and restaurants are preparing to serve up festive, cozy meals. Amid all the excitement, one of the most cherished traditions of the season is picking out the perfect Christmas tree to adorn your home. Block price target raised to $110 from $94 at Mizuho Mizuho analyst Dan Dolev raised the firm’s price target on Block (SQ) to $110 from $94 and keeps an Outperform rating on the shares. The firm says that while several investors have expressed concern that Block’s initial 2025 guidance of at least 15% profit growth could be too aggressive, its analysis of the company’s three ecosystems suggests otherwise. Cash App excluding buy-now-pay-later can grow profits at a mid-teens rate, even if Block only adds 1M monthly active users and monetization rate Performance Overview Trailing total returns as of 1/31/2025, which may include dividends or other distributions. Benchmark is S&P 500 Return 1SQ.MI S&P 500 YTD +5.37% +2.26% 1-Year +50.76% +22.65% 3-Year +60.14% +36.30%