Previous close | 29.45 |
Open | 28.00 |
Bid | 24.40 |
Ask | 25.40 |
Strike | 45.00 |
Expiry date | 2024-06-21 |
Day's range | 28.00 - 28.00 |
Contract range | N/A |
Volume | |
Open interest | 1.08k |
Shares of Block (SQ) are moving up Friday morning — gains eventually pulling back after the market open, but remaining in the green — after the fintech company posted its first-quarter earnings results, revealing a 22% gain in gross profit, compared to one year ago. The company announced that they plan on using 10% of those profits from bitcoin (BTC-USD) products, to buy more bitcoin as an investment. Morning Brief Anchor Brad Smith breaks down the latest development for Block as it leans heavier into investing in bitcoin For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino
US stock futures (^DJI, ^IXIC, ^GSPC) are ripping higher ahead of Friday's session open after the US Bureau of Labor Statistics reported 175,000 jobs were added to the US economy, a cooler print than previous months seen so far in 2024. What does this mean for interest rate cut hopes? Apple (AAPL) stock is rising in pre-market trading after topping fiscal second-quarter earnings estimates on Thursday, despite reporting falling iPhone sales year-over-year. Lastly, Block (SQ) shares are popping after reporting plans to focus more on bitcoin (BTC-USD) in its latest earnings report. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
Square stock popped after Block reported Q1 earnings and revenue that topped estimates while EBITDA guidance came in above expectations.