Cash App says it will exit the British market as it focuses on the U.S.The mobile payments service announced Thursday (July 19) that it was shutting down Cash App UK on Sept. 15 after six years.“We do not make decisions like this lightly, as we know they impact our customers, our partners, and our team members who have helped us build to where we are today,” Cash App wrote in an announcement on its website.“In recent months, we have outlined our strategic approach for Cash App, which prioritizes our focus o ...

BOSTON, July 18, 2024 (GLOBE NEWSWIRE) -- Block & Leviton is investigating Domino's Pizza, Inc. (NYSE: DPZ) for potential securities law violations. Investors who have lost money in their Domino's Pizza, Inc. investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/dpz. What is this all about? Shares of Domino’s Pizza, Inc. fell 10% following the company's suspension of long-term global growth guidance. Block & Leviton ...

Block (SQ) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Since a changing earni ...

BOSTON, July 17, 2024 (GLOBE NEWSWIRE) -- Block & Leviton is investigating Five Below, Inc. (Nasdaq: FIVE) for potential securities law violations. Investors who have lost money in their Five Below investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/five. What is this all about? Shares of Five Below fell 21% following the resignation of the company's CEO, Joel Anderson, and a reported decline in sales. Block & Lev ...

Central AI-Immunology™ Building Block: Evaxion’s proprietary in-house developed building block, EvaxMHC, is used across the AI-Immunology™ platform Improved Performance: Utilizing a state-of-the-art novel deep-learning framework as well as training on public and proprietary data, Evaxion has improved the performance of EvaxMHC compared to publicly available toolsPrecision in Vaccine Target Prediction: These advancements in EvaxMHC’s performance are anticipated to further enhance Evaxion’s ability to accurat ...

Citarum Block operations, where natural gas reserves could potentially exceed a billion barrels of oil equivalent, to commence by end of year JAKARTA, INDONESIA AND DANVILLE, CA, July 16, 2024 (GLOBE NEWSWIRE) -- Indonesia Energy Corporation (NYSE American: INDO) ("IEC"), an oil and gas exploration and production company based in Indonesia, today provided an operational update and announced that it has completed the recording of 29 square kilometers of new 3D seismic at its 63,000 acre Kruh Block. IEC will ...

BOSTON, July 15, 2024 (GLOBE NEWSWIRE) -- Block & Leviton is investigating Arbor Realty Trust, Inc. (NYSE: ABR) for potential securities law violations. Investors who have lost money in their Arbor Realty Trust, Inc. investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/abr. What is this all about? According to Bloomberg, federal "investigators are inquiring about lending practices and [Arbor Realty]'s claims about ...

文章核心观点 - 公司的Cash App业务持续超出预期,收入和毛利率均有大幅增长,用户数和人均交易额也持续上升,表明公司的用户获取和交叉销售策略取得成效 [2][3] - 公司持续加大对比特币的投资力度,但比特币价格波动性大,可能对公司的财务状况产生一定影响,市场对公司的估值也因此保持谨慎态度 [4][5][6] - 公司的估值水平已经大幅下降,与行业平均水平和历史平均水平相比都处于较低水平,反映了市场对公司前景的担忧 [7][8] 根据目录分别总结 Cash App业务表现 - Cash App收入同比增长27.5%,环比增长6.6% [2] - Cash App毛利率同比提升1.8个百分点,环比提升0.1个百分点 [2] - Cash App月活用户同比增长4百万,环比增加1百万,达到57百万 [2] - Cash App人均交易额同比增长10.4%,环比增长10.3%,达到1,255美元 [2] - Cash App卡月活用户同比增长4百万,环比增加1百万,达到24百万 [3] 比特币业务表现 - 公司比特币收入同比增长26.3%,环比增长8.3%,达到27.3亿美元 [5] - 公司比特币毛利同比增长60%,环比增长21.2%,达到8000万美元 [5] - 公司持有8,038枚比特币,与上一季度持平 [5] - 公司计划从4月开始将每月10%的比特币产品毛利用于购买比特币 [5] 估值分析 - 公司当前的EV/EBITDA估值为13.86倍,低于1年平均水平18.33倍和3年平均水平67.98倍 [7] - 公司当前的PE估值为19.22倍,低于1年平均水平24.07倍和3年平均水平91.24倍 [7] - 公司估值水平与行业中位数10.10倍EV/EBITDA和11.13倍PE相比也处于较低水平 [7] - 同行业其他金融科技公司如SOFI、AFRM、UPST、PYPL的估值也出现大幅波动和下跌 [8]

In the latest market close, Block (SQ) reached $64.34, with a -0.26% movement compared to the previous day. This change lagged the S&P 500's daily gain of 1.02%. Meanwhile, the Dow gained 1.09%, and the Nasdaq, a tech-heavy index, added 1.18%.Shares of the mobile payments services provider witnessed a gain of 0.55% over the previous month, beating the performance of the Business Services sector with its gain of 0.23% and underperforming the S&P 500's gain of 4.44%.Market participants will be closely followi ...

KANSAS CITY, Mo., July 09, 2024 (GLOBE NEWSWIRE) -- Block Advisors by H&R Block today announced the five women-owned small businesses winners of the ‘Fund Her Future’ grant program, which awarded a combined total of $100,000 in grants and a year of Block Advisors services, including bookkeeping, payroll, tax preparation, and business formation. “While we have surpassed our goal to help 500,000 small business owners by 2025, we specifically launched this grant to empower women small business owners who are o ...