Formerly Square, Block (NYSE: SQ) is a US payments business best known in Australia for its futuristic payment terminals, which flow through to point-of-sale software and complementary e-commerce solutions. The company also operates its Cash App, which begun as a peer-to-peer payments platform but has since expanded into investing.
The S&P/ASX 200 (INDEXASX: XJO) Index could not hold on to yesterday’s record close, dropping 92.5 points, or 1.2 per cent, to 7,588.2 points, with all 11 industry sub-indices losing ground.
All Ordinaries (INDEXASX: XAO) and S&P/ASX 200 (INDEXASX: XJO) both gaining 1.1% with the energy sector the only detractor.
The S&P/ASX200 (INDEXASX:XJO) fell 0.7% on Thursday. Washington H. Soul Pattinson & Co. Ltd (ASX:SOL) shares were a standout, with the holding company notching up a record profit. SPI ASX 200 futures contracts are pointing down on Friday.
2 Sense! The Australian Investors Podcast is back for Q&A hosted by Drew Meredith, CFP and Owen Rask. We tackle results from Macquarie Group Ltd (ASX: MQG), Domino’s Pizza Enterprises Ltd (ASX: DMP) and dive into Vanguard Diversified High Growth ETF (ASX: VDHG).
Drew Meredith, CFP and Owen Rask are back on The Australian Investors Podcast talking ASX Reporting Season and US stock market quarterly reports.
Amongst the 100 best performing US stocks (i.e. those with 1000% returns or more) are Tesla Inc (NASDAQ: TSLA), NVIDIA (NASDAQ: NVDA) and Netflix Inc (NASDAQ: NFLX). Here are my lessons learned.
US stock markets dropped their bundle overnight after the Bank of England warned of double-digit inflation and rising recession risk in the UK.
The Afterpay Ltd (ASX:APT) share price is on watch after the timetable regarding its merger with Block Inc (NYSE:SQ) was released.
In the fourth part of 22 ASX shares for 2022, we’ll be taking a look at 4 ASX shares (and 1 expected to list in 2022).
