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3 mins read

Joe Biden's bombshell revives Elon Musk's ambitions to make X the world's digital town square

The President's decision to announce his withdrawal from the 2024 race on X helps Elon Musk's case …

Hasan Chowdhury   


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1 min read

Square stock could rise by 25% as the Cash App is developer a 'must-own' fintech innovator, Jefferies says

The Cash App is a 'long-term winner' in the competitive digital-wallets space, said Jefferies in up…

Carla Mozée   


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5 mins read

Pharmaceutical companies behind weight-loss drugs are slimming down a new target: The Magnificent 7

In today's big story, we're looking at pharma companies' surging stocks and threatening tech darlin…

Dan DeFrancesco   


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1 min read

Investing in Square today is like buying JPMorgan in 1871 as the payment company's Cash App realizes its growth potential, Mizuho says

"We believe Cash App may be en route to becoming the ultimate neo-bank and the money center bank of…

Matthew Fox   


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2 mins read

Square CFO says 1 million users of its Cash App service bought bitcoin for the first time in January

Square CFO Amrita Ahuja said in an interview with CNBC Wednesday that bitcoin is aligned with the c…

Isabelle Lee   


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2 mins read

Square gets a street-high $330 price target from Deutsche Bank on Cash App stimulus potential

Deutsche Bank analysts led by Brian Keane believe another round of government stimulus will boost C…

Will Daniel   


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2 mins read

Square's crypto business could generate $1 billion in profit if bitcoin soars to $100,000, Wall Street analyst says

Bitcoin traded above $39,000 for the first time ever on Thursday, and the crypto market as a whole …

Matthew Fox   


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2 mins read

Block gave a 'robust' response to brutal short-seller report, and shares of the Cash App parent are looking at 40% upside, Bank of America says

Block stock could climb to $96 on fundamentals as well as the Cash App parent's response to Hindenb…

Carla Mozée   


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2 mins read

Jack Dorsey's Square reports Q1 bitcoin revenue grew 1,000% to $3.5 billion - and is the 3rd-largest corporate holder of the cryptocurrency

Square now holds 8,027 bitcoin, making it the third-largest publicly-traded holder of the digital a…

Shalini Nagarajan   


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1 min read

PayPal and Square's Cash App have scooped up 100% of newly mined bitcoins, report says

One of the key catalysts for Bitcoin's rally is the ease of investing via PayPal, Cash App, and Rob…

Shalini Nagarajan   


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2 mins read

Bitcoin has broken above $15,000 just as Square reported almost 80% of its Q3 Cash App revenue came from the digital token

Bitcoin has been gaining in value partly because Democrat nominee Joe Biden's lead points to a favo…

Shalini Nagarajan   


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1 min read

Jack Dorsey's Cash App has teamed up with Miley Cyrus so the singer can give out $1 million in stock

Her followers can participate in the giveaway by commenting on her Instagram or Twitter post with t…

Shalini Nagarajan   


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1 min read

Block drops after report Apple is preparing to launch payments service on iPhones for small businesses

Apple may begin rolling out the new payments feature through a software update in the coming months…

Carla Mozée   


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1 min read

Jack Dorsey's Cash App is allowing users to send and receive bitcoin without any transaction fees

The Cash App team further announced a $1 million giveaway in bitcoin, open to users that are legal …

Shalini Nagarajan   


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2 mins read

Twitter is launching a dedicated crypto team to work on blockchain applications and Web3

The new team, called Twitter Crypto, is aimed at being the center of excellence for "all things blo…

Isabelle Lee   


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2 mins read

Bitcoin surges back above $51,000 after Square's $170 million investment, Cathie Wood's positive comments

Square's purchase of an additional $170 million of bitcoin and bullish remarks from Cathie Wood hel…

Isabelle Lee   


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1 min read

Cash App creator and former Square CTO Bob Lee has died after a reported stabbing in San Francisco

Bob Lee was the chief product officer of crypto startup MobileCoin after his time at Jack Dorsey's …

Pete Syme   


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2 mins read

Twitter's Jack Dorsey reveals how and why Square invested $50 million into a block of nearly 5,000 bitcoins

Dorsey was keen to share how Square's team executed the trades, and revealed the process in a white…

Shalini Nagarajan   


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1 min read

Square buys 4,709 bitcoins for $50 million on the potential it will be a 'ubiquitous currency'

Square said its investment in the digital currency represents approximately 1% of its total assets …

Matthew Fox   


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1 min read

Square surges 16% after reporting quarterly earnings showing a 64% jump in revenue

"Engagement during the second quarter also benefited from government funds related to the stimulus …

Carmen Reinicke