Square Inc

Growing interest in bitcoin and cryptocurrencies should drive Square’s bitcoin trading service adoption and attract more investors to the stock.

Square (NYSE:SQ) stock has been on fire since late-March. On June 22, the stock rose 6.6% and touched its 52-week high of $105.46 and closed at $104.45.

Square (NYSE:SQ) is one of the technology stocks that registered a remarkable recovery from the pandemic sell-off in the first quarter of 2020.

Blue Apron Holdings (NYSE:APRN) stock closed at $8.79 on Thursday, which brought its gains for the year to 33.6%. What can investors expect moving forward?

Uber controls a 20% share of the US food delivery market, while GrubHub has a 28% share of the market. GrubHub could make Uber stock more attractive.

PayPal (NASDAQ:PYPL) is one of investors’ favorite technology stocks right now. The company’s business has started to rebound from the coronavirus.

PayPal (NASDAQ:PYPL) stock rose around 7% in the extended trading on Wednesday after the company reported its first-quarter earnings results.

Square (NYSE:SQ) stock fell by over 4% in extended trading on Wednesday. The company reported its first-quarter earnings results after the market bell.

Facebook (NASDAQ:FB) and Reliance Industries have been discussing a joint venture. Reliance Industries is an Indian conglomerate.

Square has had its share of struggles due to the COVID-19 pandemic. In March, Square stock fell nearly 40%, which marked a sharp reversal of fortunes.

While COVID-19 has hurt PayPal stock and its business, the company has landed a role in the US government’s $2.2 trillion economic stimulus program.

Uber Technologies (NYSE:UBER) stock wrapped up March more than 6.0% lower for the year. The stock fell by about 18% in March.

Baidu (NASDAQ:BIDU) stock rose 0.51% on Wednesday to $96.92, which its gains this week to 9.3%. Still, Baidu is going for a steep discount.

The coronavirus sell-off has dealt a huge blow to Square (NYSE:SQ) stock. The stock fell 12% on March 18 to $39.50.

Restaurants account for a large portion of Square’s customer base. Notably, restaurants have been taking a serious beating from the coronavirus.

Twitter (NYSE:TWTR) has averted a major showdown with hedge fund Elliott Management. However, we don’t know much about the company’s stock repurchase plan.

Activist hedge fund Elliott Management has bought a large stake in Twitter (NYSE:TWTR) stock. Now, the hedge fund wants to push for changes.

Elliott Management has built a large stake in Twitter (NYSE:TWTR) stock. The fund wants to make some changes—like replacing the company’s current CEO.

Square released its fourth-quarter earnings report after the market closed on Wednesday. Overall, investors liked the numbers.

If cash is PayPal’s biggest competitor, then the company might be out of luck. Cities have rallied behind cash transactions.

The Uber and DoorDash merger talks ended without a deal. However, the companies are willing to reopening the talks.

The deal with UPS will enhance the value of Square’s e-commerce platform as it battles Amazon and Shopify for market share.

A Bernstein analyst upgraded PayPal stock to an “outperform” from a “market perform” rating. The analyst also raised the company’s 12-month target price.

Square stock rose over 3.2% on January 7 after Bank of America analyst Jason Kupferberg upgraded the stock. Square stock closed the trading day at $64.59.

Square stock has been highly volatile in the past year. It fell after the departure of CFO Sarah Friar in 2018. However, it’s picked up momentum recently.

Can Shopify stock continue to rise higher? Let’s look at the factors driving the stock and the technical indicators behind these trends.

In today’s Get Real market newsletter, there’s optimism across markets. Netflix and GAP face issues and Boeing has some good news. Plus, the Tesla truck is out.

Square has been seeing growth for the last six days, with a rise of nearly 9.6%. The stock rose 0.37% to $67.42 on November 21.

After its Q3 2019 earnings release on October 23, PayPal (PYPL) stock has climbed 6.23% through November 11. The stock opened at $102.97 on November 12.

Facebook (FB) launched a new payment service that will work across its family of apps. The payment service is called Facebook Pay.

Square closed at $63.79, 2% higher than the previous day’s close, on November 11. It nearly touched $100 in September 2018 but has corrected since then.

Square is set to report its Q3 earnings results tomorrow. The payment company expects its net revenue to grow to $1.13 billion–$1.15 billion in the quarter.

Lately, Square (SQ) stock is becoming analysts’ favorite. On Tuesday, UBS analyst Eric Wasserstrom initiated coverage on the stock with a “buy” rating.

Shopify (SHOP) stock gained in premarket trading on October 11. The stock was up over 3% in the trading session as of 11:58 AM ET.

Lately, many hedge fund managers, institutional investors, and analysts are going gaga over Square stock due to its strong fundamentals and Cash App focus.

Square (SQ) stock is up over 3% in today’s trading session. SQ jumped after Wells Fargo upgraded its rating to “outperform” from “market perform.”

Jim Cramer thinks that Square stock is worth owning. The stock has upside potential. According to Cramer, investors should buy the stock when it falls.

Square (SQ) stock has remained highly volatile this year. The company’s troubles started in October 2018 when CFO Sarah Friar decided to leave the company.

Tech stocks have been wealth creators for a few decades now. In this article, we analyze tech stocks that should be on the radar of contrarian investors.

While PayPal’s (PYPL) Venmo has been crushing its competition, PayPal recently launched Xoom’s
digital remittance service in 32 European markets.

Major social media stocks Twitter (TWTR), Snap (SNAP), and Pinterest (PINS) have risen in the last month. Can they hold on to their gains?

Tech stocks led the sell-off. Investors have been concerned about a slowdown in tech spending after NetApp’s preliminary guidance on August 2.

After its August 1 Q2 results, Square (SQ) stock fell more than 9% in pre-market trading on August 2. It traded down by more than 15% as of 10:11 AM EDT.

Square has agreed to sell its Caviar food delivery app to DoorDash. Square has valued Caviar at $410 million. The deal is expected to close this year.

Despite not knowing the Apple Card’s launch date, the card moved from a promise to a reality. Apple Card is a reality inside Apple offices.

Square (SQ) plans to release its second-quarter earnings results on August 1. What’s in the cards? Back in May, it shared its outlook.

Shopify (SHOP) is set to report its Q2 results tomorrow. Investors will be paying close attention to updates on the company’s recent initiatives.

Square’s (SQ) hiring spree is about to swing into high gear.

Square (SQ) has opened up its platform built specifically for restaurant businesses to its restaurant delivery competitors DoorDash and Postmates, mirroring a strategy that PayPal (PYPL) employed to convert its rivals into partners.

The desire to expand and diversify their businesses to drive more growth has increasingly put Square (SQ) and Shopify (SHOP) on a collision course. Last year, Square bought Weebly, a startup that helps small businesses build online presences.

Last year, Square (SQ) secured a contract to lend money to eBay sellers, thereby expanding the market opportunity for its loans business. Given this arrangement, progress at eBay that can help bring more sellers to the platform bodes well for Square.

Square (SQ) was absent from the list of the inaugural members of the Libra Association, the entity that will ensure that Facebook’s (FB) Libra cryptocurrency works as intended. Nearly 30 companies have joined the Libra Association.

Square (SQ) shares have been in a slump since March. The stock gained 45.0% in the first two months of 2019.

Shopify (SHOP) has refreshed its POS (point-of-sale) hardware lineup in an attempt to better serve small business clients.

High-growth tech stocks have made a massive comeback this year after a volatile 2018.

Let’s look at the high-growth tech stocks discussed in this series and their valuations at their current prices.

Shares of mobile payment processing company Square (SQ) have fallen less than 8.5% since the start of April and are down 5.9% in May.

Mobile payment processing company Square (SQ) fell 8% on May 2 to close trading at $67.74.

Payments company Square (SQ) reported its first-quarter 2019 results on Wednesday, May 1.

On Monday morning, the broader market started an important week of the ongoing earnings season on a positive note.

Last month, Yandex (YNDX) announced that it was adding multicurrency support to its Yandex.Money payment platform.

Shopify (SHOP) powers the digital stores of hundreds of thousands of merchants.

There’s one major market in which PayPal has thus far avoided a direct challenge from Square.

Square (SQ) has announced a plan to hire several cryptocurrency experts.

Square (SQ) is a corporate investor in online ticketing company Eventbrite (EB), which went public in September 2018.

Relying on Weebly’s technology, Square (SQ) has revamped some of its products as it steps up its competition with Amazon (AMZN).

With its Caviar online food ordering and delivery business, Square (SQ) is vying for a multibillion-dollar revenue opportunity.

Square (SQ) runs an online food ordering and delivery business called Caviar.

Square has teamed up with the Washington Nationals to let fans at baseball games order food and drinks from the comfort of their seats.

According to a joint report by Google and Temasek, the digital economy in Southeast Asia is set for booming growth in the next few years.

Facebook (FB) is developing a digital currency in the mold of Bitcoin that will be linked to its WhatsApp messaging platform.

On March 25, Apple (AAPL) announced that it would launch an Apple-branded credit card, known as Apple Card, this summer in the United States.

A law firm led by Louisiana’s former attorney general is investigating the proposed merger between Fiserv (FISV) and First Data (FDC).

One of Square’s (SQ) founding talents died last month, according to CNBC. Tristan O’Tierney, 35, died in the month Square marked its tenth birthday.

It’s been a tit-for-tat scenario for PayPal (PYPL) and Square (SQ) in the mobile peer-to-peer payment market.

Europe-based fintech startup Raisin is buying German lender MHB Bank, Reuters has reported.

In 2014, PayPal (PYPL) launched its small business lending service in the United Kingdom, betting that British businesses would turn to it not just to handle their payment transactions but also for loans to grow their operations.

PayPal (PYPL) recently introduced an instant bank transfer option for its customers, with the option initially rolling out to customers in the United States.

In the past year, we’ve seen PayPal make a series of strategic acquisitions to sharpen its competitive edge amid escalating competition.

PayPal (PYPL) is expected to report its first-quarter earnings results next month.

PayPal (PYPL) wants to cash in on tax season. Americans have until April 15 to file their federal income tax returns.

The departure of PayPal’s (PYPL) longtime executive Louise Phelan leaves the company with big shoes to fill in a key market region.

Square (SQ) and PayPal (PYPL) have so far chosen different paths with regards to monetizing bitcoin.

In the fourth quarter, Square reported net revenue of $933 million and adjusted revenue of $464 million.

To drive growth in a highly competitive industry, companies typically spend a big chunk of their revenue on sales and marketing activities.

Each year, Square (SQ) introduces new products to cater to the evolving needs of its customers, and 2018 was no exception.

Square (SQ) has three priority areas to focus on in 2019 as it seeks to continue driving revenue growth.

PayPal reported that Venmo’s transaction volume soared 80% year-over-year to $19 billion in the quarter.

On March 1, eBay (EBAY) announced that it has started reviewing its assets and may sell or spin off its StubHub business unit, the world’s largest ticket marketplace, to focus on its core assets and growth opportunities.

Square (SQ) has been expanding in the P2P (peer-to-peer) payment space with its mobile payment service, Cash App.

PayPal (PYPL) is battling competition from all sides. Last year, Square (SQ) sought to challenge it in the consumer loans market.

PayPal (PYPL) bought four companies in 2018, spending $2.7 billion on the transactions, according to Crunchbase data.

PayPal has (PYPL) has mostly given cryptocurrencies such as Bitcoin a wide berth, unlike its competitor Square (SQ).

If you ask PayPal’s CEO, Dan Schulman, Venmo has become a crown jewel for the company.

Early this month, Guggenheim downgraded PayPal (PYPL) stock to a “neutral” from a “sell.”

PayPal (PYPL) currently provides cross-border payment service in China but has yet to launch domestic operations in the country.

Raymond James recently downgraded Square (SQ) and assigned the stock a price target that suggested a huge downside potential.

The government shutdown gave PayPal (PYPL) an opportunity to draw more attention to its services.