Square Rallies As Stock Mania Stresses Rival Robinhood with Outages
It was a frantic day of chasing after freshly-split AAPL and TSLA shares, but not for Robinhood users locked out by glitches.
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Twitter’s Jack Dorsey Is Dangerously Wrong About Bitcoin’s Role as World Currency
Jack Dorsey’s flirtation with bitcoin is becoming a full-on affair – but the Twitter CEO is love-blind if he can’t see bitcoin’s blemishes.
Jack Dorsey Is Weird – But Steve Jobs Was a Billion Times Weirder
Jack Dorsey might be ‘the next Steve Jobs’ when it comes to tech disruption, but his weird habits don’t hold a candle to the Apple founder.
Cash App Is About to Get Gen Z Investing in the Stock Market
Cash App just dropped a bombshell new feature in a video announcement on Twitter, Cash App Investing. Users can now invest their cash in stocks using the app. That would be remarkable in itself, but it’s so much bigger than that. Square Payments isn’t merely joining the roster of other stock trading services like Robinhood … Read more
Square’s Cash App Eyes Expansion into Free Stock Trading: Report
Square’s Cash App is reportedly testing a free stock trading service. A report published by Bloomberg claims that the publication has seen a video demonstrating the product’s features. According to an anonymous source cited in the report, the platform has been in testing for several weeks. A launch date for the service is purportedly yet … Read more
Square Crypto Praises Gimmicky Bitcoin Giveaways but Doesn’t Give Any Away
Square Crypto, the cryptocurrency unit of Jack Dorsey’s mobile-payment company Square, extolled the virtues of gimmicky bitcoin giveaways. But then it didn’t offer to give any away. What a crypto tease! Do bitcoin giveaways promote adoption? Basically, Square Crypto argues that if you give bitcoin to someone (especially a skeptic), they’ll become emotionally invested in … Read more
Stock Market Investors Might Want to Be Greedy & Pile into Square
The two biggest emotions that fuel the stock market are fear and greed. One will send stocks swooning, while the other can create bubbles. But as Warren Buffett famously says, “Be fearful when others are greedy and greedy when others are fearful.” If he’s right, then now’s the perfect time to pile into payments company … Read more
Square’s Stock Tanks but Its Bitcoin Business Is Roaring
Square’s stock fell more than 6 percent in after-hours trading after the company disappointed Wall Street with its outlook. One bright spot for the payments company is bitcoin, which users can buy and sell on the Cash App and which they are increasingly doing. Square CEO Jack Dorsey clearly appreciates it, reportedly giving a shout … Read more
Jack Dorsey’s Square Is 33 Percent Undervalued, Says Wall Street Analyst
Jack Dorsey’s payments company Square is already up by a double-digit percentage in 2019, and one Wall Street analyst says there’s more runway for gains. According to TD Ameritrade Network, Instinet’s Dan Dolev believes Square’s stock, which is currently hovering at about $74, is worth more like $100 – and that’s a conservative estimate. That … Read more
Jack Dorsey Expects Crypto, Blockchain to Be a ‘Secular Trend’ in Finance
By CCN.com: Jack Dorsey is all in on bitcoin. The tech entrepreneur, who is at the helm of both Twitter and Square, recognizes that cryptocurrency and the blockchain will become a “secular trend” in financial services going forward, according to an interview he did with Quartz in London. He doubled-down on his belief that there … Read more