CashApp

Shares of Western Union Co. (NYSE:WU) and Remitly Global, Inc. (NASDAQ:RELY) are on watch after a short seller on Friday claimed that a crackdown on cartels could hit the remittance companies' bottom lines.  The Details: Hunterbrook published a short report outlining what the firm sees as a...

Editor’s note: This story has been updated with comment from Zelle and Bank of America. The Consumer Financial Protection Bureau sued three of the nation's largest banks and the operator of Zelle last week, alleging a failure to protect consumers from widespread fraud on the peer-to-peer...

Block, Inc. (NYSE:SQ) shares are trading higher Wednesday after the company announced new merchant partnerships for Afterpay and its Bitkey hardware device has begun shipping to customers. The Details: Block said the first shipments of its self-custody Bitcoin wallet hardware device began this week...

Block Inc (NYSE: SQ) was sliding more than 6% lower on Friday after breaking through an important psychological support zone at the $100 level. The financial services and digital payments company has been severely beaten down since reaching an all-time high of $289.23 on Aug. 5, 2020,...

National Football League wide receiver Odell Beckham Jr. will be paid in Bitcoin (CRYPTO: BTC) and plans to give away $1 million worth of cryptocurrency to his fans. What Happened: Beckham plans to use Square's (NYSE: SQ) CashApp to get paid in Bitcoin, according to a tweet. He wrote that...

One of the most popular players in the National Football is the latest to signal a bullish bet on Bitcoin (CRYPTO: BTC). What Happened: Green Bay Packers quarterback Aaron Rodgers is partnering with CashApp, a unit of Square Inc (NYSE: SQ). “I’m pumped to share that I’ve...

PayPal Holdings Inc (NASDAQ: PYPL) is one of the world’s largest digital payment sites. In addition to the flagship PayPal website, the company also owns and operates Venmo, one of the leading mobile payment platforms. Now, the company may be getting into a new industry. What To Know: PayPal...

What Happened: Square Inc (NYSE: SQ) could take as much as 20% of future market share due to the platform's speed when it comes to direct deposits, SunTrust Robinson Humphrey analyst Andrew Jeffrey said in a note earlier this week.  Square has reportedly added over 11 million...

The bearish case for Square Inc (NYSE: SQ) can no longer be justified, as the stock's decline since its 2018 peak now reflects multiple concerns, according to Craig-Hallum. The Analyst Bradley Berning upgraded Square's stock rating from Sell to Hold with a price target lifted from $55 to $...