Bitcoin
Block shares plunge 17%, head for worst day in 5 years after earnings miss
Marco Bello | AFP | Getty Images Block shares plunged 16% on Friday and headed for their steepest drop since 2020 after the company reported fourth-quarter earnings that missed estimates and issued guidance for 2025 that failed to reassure investors. In its financial report late Thursday, Block reported earnings of 71 cents per share, falling […]
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Block shares fall on profit, revenue miss
Jack Dorsey creator, co-founder, and Chairman of Twitter and co-founder & CEO of Square speaks on stage at the Bitcoin 2021 Convention, a crypto-currency conference held at the Mana Convention Center in Wynwood on June 04, 2021 in Miami, Florida. Joe Raedle | Getty Images Block reported fourth-quarter results on Thursday that fell short of […]
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Crypto and Trump gang up on FDIC over debanking: ‘Our story is pretty ridiculous’
A US Postal Service worker outside a Signature Bank branch in the Brooklyn borough of New York, US, on Wednesday, March 15, 2023. Angus Mordant | Bloomberg | Getty Images Anchorage Digital CEO Nathan McCauley wants everyone to know what happened to his crypto company in 2023 during the Biden administration. “Our story is pretty […]
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Coinbase revenue surges more than 130% driven by postelection crypto rally
In this photo illustration, a Coinbase logo is displayed on a smartphone with stock market percentages on the background. Omar Marques | SOPA Images | Lightrocket | Getty Images Coinbase Thursday reported better-than-expected fourth-quarter results and its biggest quarterly revenue in three years, strengthened by a raging postelection rally that pushed crypto prices to new high after […]
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FIS shares plunge most since 2023 on disappointing revenue, guidance miss
Lori Moffett | Bloomberg | Getty Images Shares of Fidelity National Information Services plunged the most since 2023 on Tuesday after the company reported quarterly earnings that fell short of Wall Street estimates and issued a disappointing forecast. The stock dropped 12% as of afternoon trading, heading for its biggest drop since March 2023. Here’s […]
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Affirm plans to bring Buy Now, Pay Later debit cards to more users through deal with FIS
PayPal Inc. co-founder and Affirm’s CEO Max Levchin on center stage during day one of Collision 2019 at Enercare Center in Toronto, Canada. Vaughn Ridley | Sportsfile | Getty Images Affirm, the online lender founded by Max Levchin, expanded beyond credit and entered the debit market four years ago with a card that let users […]
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Affirm shares pop more than 10% on revenue beat
Affirm shares jumped more than 10% in extended trading on Thursday after the provider of buy now, pay later loans, reported better-than-expected fiscal second-quarter results. Here is how the company did, compared to analysts’ consensus estimates from LSEG. Earnings per share: 23 cents adjusted. That’s not comparable to an expected loss of 15 cents. Revenue: $866 million […]
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Fiserv shares rally to record on earnings beat, bullish revenue outlook
Fiserv CEO Frank J. Bisignano at the New York Stock Exchange on June 7, 2023. Source: NYSE Shares of Fiserv jumped more than 7% on Wednesday to a record after the payments company reported better-than-expected fourth-quarter earnings and issued guidance that also topped estimates. The stock closed at $229.53, exceeding its previous high reached in […]
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Bitcoin treasury pioneer MicroStrategy rebrands with a new name: Strategy
MicroStrategy , the software company turned “bitcoin development” firm unveiled a new name and logo ahead of its fourth-quarter earnings report. Going forward, the bitcoin proxy will now be called Strategy, the company said in a press release Wednesday. The revamp comes with a new bitcoin logo and orange brand color, as well as an […]
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White House crypto czar David Sacks says first priority is stablecoin legislation
AI and Crypto Czar David Sacks speaks with President Donald J Trump as he signs executive orders in the Oval Office at the White House on Jan. 23, 2025 in Washington, DC. Jabin Botsford | The Washington Post | Getty Images As David Sacks, the newly appointed White House AI and crypto czar, collaborates with […]
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