Block shares surge 16% after company announces surprise profit
Jack Dorsey, co-founder and chief executive officer of Twitter Inc. and Square Inc., listens during the Bitcoin 2021 conference in Miami, Florida, on Friday, June 4, 2021.Eva Marie Uzcategui | Bloomberg | Getty ImagesBlock stock closed up 16% Friday, a day after the payments...
German central bank losses soar, wiping out risk provisions
Joachim Nagel, president of Deutsche Bundesbank, during the central bank's "Annual Report 2023" news conference in Frankfurt, Germany, on Friday, Feb. 23, 2024. Bloomberg | Bloomberg | Getty ImagesLosses incurred by the German central bank rocketed into the tens of billions in...
Stocks making the biggest moves premarket: Block, Live Nation, Carvana, Booking...
Check out the companies making headlines before the bell. Intuit — The stock slipped 1% after the financial software company issued weaker-than-expected earnings guidance for the fiscal third quarter. Live Nation Entertainment — Shares of the entertainment platform popped nearly...
Stocks making the biggest moves midday: Warner Bros. Discovery, Rivian, Block,...
Check out the companies making headlines in midday trading. Warner Bros. Discovery — Shares dropped 9.9% after the media conglomerate posted disappointing fourth-quarter results and failed to give 2024 free cash flow guidance. Warner Bros. Discovery reported a loss of 16 cents...
Credit card interest rates are at record highs. Cards have ‘never been...
Runstudio | The Image Bank | Getty ImagesCredit card interest rates have ballooned to record highs in recent years — and the growing portion of the formula that generates profit for card issuers is partly to blame, according to a new analysis by the Consumer Financial Protection...