Block: Stay Conservative As Q2 Results Approach
SQBLOCK(SQ) Seeking Alpha·2024-07-30 23:11
Joe Raedle I initially covered Block (NYSE:SQ) at the start of April. At the time, I was cautious about the valuation and its potential for good returns in the long run. This wasn't just a question of its current financial capacity but also the story to how it should grow that. According to its founder-CEO, Jack Dorsey, the key is to develop an ecosystem in their company (hence changing the name from Square to Block). Citing reasonable doubt, I noted:    Customers care about what happens with their mone ...