Shares of payments-tech provider Marqeta Inc. MQ fell sharply after hours on Tuesday after the company forecast first-quarter sales growth that came in slightly below estimates. The company, whose tec...
Tag: Block Inc
Beyond Meat, Sweetgreen, Adobe, Block and more
Beyond Meat “Beyond Burger” patties made from plant-based substitutes for meat products sit on a shelf for sale in New York City. Angela Weiss | AFP | Getty Images Check out the companies ...
Stocks moving big after hours: SQ, CVNA, BA
A Carvana glass tower sits illuminated on Feb. 23, 2022, in Oak Brook, Illinois. Armando L. Sanchez | Tribune News Service | Getty Images Check out the companies making headlines after hours. Carvana ...
Sunrun, U.S. Bancorp, Alphabet, AT&T and more
Shoppers shop at AT&T in the King of Prussia Mall on December 11, 2022 in King of Prussia, Pennsylvania. Mark Makela | Getty Images Check out the companies making the biggest moves midday: News Co...
ARK’s Cathie Wood Isn’t Backing Down. She Explains Exactly Why.
The core ARK Innovation ETF run by Wood fell 67% last year. But she remains staunchly bullish on the likes of Tesla, Zoom, and Roku. Updated Jan. 6, 2023 1:45 pm ET / Original Jan. 6, 2023 1:42 pm ET ...
Tesla, Wynn, Traeger, Amazon and more
Tesla charging stations at a car showroom in the morning light. The expansion of the charging infrastructure is still not progressing as desired. Jan Woitas | Picture Alliance | Getty Images Check ou...
A reckoning is upon us. Here’s what to expect
Partygoers with unicorn masks at the Hometown Hangover Cure party in Austin, Texas. Harriet Taylor | CNBC Bill Harris, the former PayPal CEO and veteran entrepreneur, strode onto a Las Vegas stage in ...
Starbucks, Twilio, Carvana, DoorDash and more
A customer holds a drink inside a Starbucks coffee shop in San Francisco, California, on Thursday, July 28, 2022. David Paul Morris | Bloomberg | Getty Images Check out the companies making the bigges...
DraftKings, Cinemark, Hershey and more
Check out the companies making headlines before the bell: DraftKings (DKNG) – DraftKings fell 12.5% in premarket trading despite reporting a smaller-than-expected quarterly loss and revenue that toppe...
Block reports $14.7 million net loss in Q3, $1.76 billion in bitcoin sales
Block Inc. reported a $14.7 million net loss in the third quarter and bitcoin sales volume of $1.76 billion in the third quarter. The net loss accounts for a $2 million impairment loss related t...
Block, PayPal, Carvana, Twilio and more
A Starbucks location in New York. Scott Mlyn | CNBC Check out the companies making headlines after hours. Block — The mobile payment stock jumped 12% after Block reported third-quarter results that be...
Goldman Sachs pivot from Marcus shows that disrupting retail banking is hard
David Solomon, Goldman Sachs, at Marcus event Goldman Sachs CEO David Solomon is reining in his ambition to make the 153-year-old investment bank a major player in U.S. consumer banking. After product...
Netflix, Adobe, Wynn Resorts, Humana and more
Adobe Systems world headquarters in downtown San Jose, Calif. Lisa Werner | Moment Mobile | Getty Images Check out the companies making headlines in midday trading. Netflix — The streaming stock gaine...
Twilio, Starbucks, Nikola, Moderna and more
A cup of Starbucks coffee sits on a table in a cafe. Joel Boh | Reuters Check out the companies making headlines in midday trading. Starbucks — Shares jumped 6% after the coffee chain raised its long-...
JPMorgan (JPM) fintech deal to acquire Renovite to battle Stripe and Block
The main entrance at JPMorgan’s headquarters in New York City. Erik McGregor | LightRocket | Getty Images JPMorgan Chase has agreed to acquire a payments startup called Renovite to fend off thre...
‘Forget the past three years’
Eugene Zhang, founding partner of Silicon Valley VC firm TSVC Spencer Greene, general partner of TSVC Courtesy: TSVC Eugene Zhang, a veteran Silicon Valley investor, recalls the exact moment the marke...
Lyft, Carvana, Warner Bros. Discovery, DraftKings
Confetti falls as Lyft CEO Logan Green (C) and President John Zimmer (LEFT C) ring the Nasdaq opening bell celebrating the company’s initial public offering (IPO) on March 29, 2019 in Los Angele...
Expedia, Block, Lyft and more
Check out the companies making headlines before the bell: Expedia (EXPE) – The travel website operator’s stock jumped 5.4% in the premarket after Expedia beat top and bottom line estimates in it...
These companies hopped on the crypto train when times were booming. Which are exposed in a downturn?
During recent cryptocurrency booms, companies have been quick to jump on the trend, whether by reorienting their entire businesses around the buzzy theme, building meaningful crypto features alongside...
There’s more pain coming for investors who own buy now, pay later plays, Jim Cramer says
CNBC’s Jim Cramer on Wednesday warned investors that if they own any buy now, pay later stocks, they should brace themselves for more damage to their portfolios. “These stocks never should...
Forget Klarna? Investors bet new startups will in ‘buy now, pay later’
Klarna is in talks to raise funds at a sharp discount to its last valuation, according to a report from the Wall Street Journal. A spokesperson for the firm said it doesn’t comment on “spe...
Bitcoin crash: These three metrics show how bad the carnage is, and what to expect next
Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’ll walk you through what’s going on in the current bear market. As usual, find me on T...
Cramer says investors can buy stock of this software company as a speculative pick
CNBC’s Jim Cramer on Monday said that investors have his permission to buy shares of software company Mitek Systems as a speculative play. “Mitek’s genuinely cheap on an earnings bas...
Ethereum close to its major upgrade, but why has it fallen more than bitcoin?
This article has been updated to correct the identification of Citadel Securities. Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m w...
Target, Kohl’s, Peloton and more
FILE PHOTO: Shoppers exit a Target store during Black Friday sales in Brooklyn, New York, U.S., November 26, 2021. Brendan Mcdermid | Reuters Check out the companies making headlines in midday tradin...
Target, J.M Smucker and more
Take a look at some of the biggest movers in the premarket: Target (TGT) – Target announced a series of moves to “right-size” its inventory levels, including additional markdowns and cance...
Ethereum could ‘take over everything’, and there won’t be a multi-chain future, says EY’s blockchain leader
Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch, and I’ll walk you through the latest an...
Visa, Mastercard are ‘great defensive names’ for 2023, but PayPal and Coinbase stocks could be set for a rebound, analysts say
Whether you’re looking to scoop up some beaten-down bargains or trying to play it safe, analysts see potential in the payments sector heading into the new year. With a potential recession on many inve...