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3 Block Analysts React To Q1 Earnings Miss, Cash App Growth, Bitcoin Weakness
Friday, May 6, 2022 - 2:20pm | 429Block Inc (NYSE: SQ) reported a first-quarter earnings miss driven by a sharp downturn in Bitcoin (CRYPTO: BTC) revenue. On Thursday, Block reported first-quarter adjusted EPS of 18 cents on $4 billion in revenue. Both numbers missed consensus analyst estimates of 20 cents and $4.1 billion,...
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Buy, Sell Or Hold? Netflix, PayPal And The 6 Worst-Performing Stocks Of 2022
Friday, April 29, 2022 - 12:39pm | 931The SPDR S&P 500 ETF Trust (NYSE: SPY) is off to a horrible start to 2022, down 11.7% year-to-date. However, a handful of popular stocks have severely lagged the market and generated much heavier losses for investors this year. The threat of sharply rising interest rates and a slowdown in...