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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 information technology sector was again one of the hardest hit sectors on Wednesday. Here’s the latest.
This week, Australia’s largest money business, Commonwealth Bank of Australia (ASX: CBA), handed in its report card.
The S&P/ASX 200 (ASX: XJO) charged 2% higher for the week while all three US benchmarks recorded weekly gains. Here are my key takeaways.
For Aussie tech investors, the biggest news since sliced bread came this month, in the form of a $39 billion offer from Square Inc (NYSE: SQ) for Afterpay Ltd (ASX: APT). Afterpay shareholders are now left wondering ‘what should I do?’
The S&P/ASX 200 (ASX:XJO) overcame another 8% fall in the iron ore price to deliver a 0.4% gain on Friday as REA (ASX:REA) reported results.
On the Australian Investors Podcast this week, 7Investing’s Anirban Mahanti and Owen Rask dissect Square’s (NYSE: SQ) Afterpay Ltd (ASX: APT) takeover, Volpara Health’s (ASX: VHT) latest results, and more.
The S&P/ASX 200 (ASX:XJO) spent most of Tuesday clawing back from early losses. The Afterpay (ASX:APT) share price continues to surge.
With Afterpay Ltd (ASX:APT) set to be acquired by Square Inc (NYSE:SQ) for roughly $126 per share, should you hold or sell your Afterpay shares?
With Afterpay (ASX: APT) set to be acquired by payments giant Square Inc (NASDAQ: SQ), where does this leave Zip Co Ltd (ASX: Z1P)?
