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Block Inc. CEO Jack Dorsey said that the firm's new workspace collaboration platform, Buzz, elevates its core technologies to a new height.
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Bitcoin and U.S. stocks may still rise as real estate cycle peaks. Analyst's framework shows risk assets don't peak at same time as property market.
Read original at benzingaBitcoin rally driven by spot demand and spreading to altcoins. Bitfinex sees $80,000 as key resistance. Nineteen altcoins gain over 12%.
Read original at benzingaBitcoin at $80,000, traders watching key levels for push higher or pullback. Spot ETFs continue to witness net inflows.
Read original at benzingaVanEck's Sigel believes Democrats pose less risk to Bitcoin due to its decentralized nature. Signals suggest 2026 could be a bottoming year for BTC.
Read original at benzingaBlock's Square division is expanding its restaurant business with partnerships like Cascadia Pizza Co., OpenTable, and The Baked Bear. In Q2 2026, Square's food-and-beverage GPV grew 20% and overall gross profit increased 13% to $1.16 billion. Block reported strong profitability with $3.17 billion gross profit and expects $12.51 billion in full-year 2026 gross profit. Competitors PayPal and Adyen are also expanding their payment partnerships in the restaurant and software sectors.
Read original at zacks-investment-researchToast, a restaurant-technology company, shows improving fundamentals with strong Q2 earnings and raised EBITDA guidance, plus new AI investments and partnerships with Google and Adyen. However, insider selling and a still-elevated P/E ratio in the mid-40s remain concerns. The analyst is cautiously optimistic about long-term growth potential despite the stock's 44% decline since IPO.
Read original at the-motley-fool