|Bid||79.05 x 2200|
|Ask||0.00 x 1000|
|Day's range||79.93 - 84.44|
|52-week range||56.01 - 276.14|
|Beta (5Y monthly)||2.45|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
What to watch in markets on Tuesday, August 9, 2022.
Block, Inc. ( NYSE:SQ ) just released the second quarter results, indicating an overall stagnation in revenues and earnings. However, some investors remain bullish as the company is building up its core business as well as seeing high growth in the Cash App. Even though 2022 has been bad for young growth companies, there may be a good case for Block to keep growing and become a new major player in the fintech space.
Yahoo Finance's Josh Schafer breaks down a new report that found crypto companies have spent billions of dollars towards sports marketing.