Previous close | 15.70 |
Open | 14.80 |
Bid | 0.00 |
Ask | 0.00 |
Strike | 65.00 |
Expiry date | 2025-01-17 |
Day's range | 14.80 - 15.70 |
Contract range | N/A |
Volume | |
Open interest | 966 |
The April employment report shows signs the US labor market may be cooling. The US added 175,000 jobs last month, fewer than the 240,000 jobs economists had been expecting. The unemployment rate ticked higher to 3.9% from 3.8%. One of the biggest movers on Wall Street is Apple (AAPL). The tech giant posted better-than-expected sales in China and authorized a massive $110 billion share buyback plan. Other trending tickers on Yahoo Finance include Coinbase Global (COIN), Amgen (AMGN), and Block (SQ). Top guests today include:8:30 a.m. ET - Robert Sockin, Citi Senior Global Economist and Dan Gerard, State Street Global Markets, Senior Global Multi-Asset Strategist9:05 a.m. ET - Satyam Panday, S&P Global Ratings Chief US Economist9:10 a.m. ET - Martin Yang, Oppenheimer Senior Analyst of Emerging Technologies and Services9:40 a.m. ET - Acting Labor Secretary Julie Su10:20 a.m. ET - Evan Tindell, Bireme Capital co-founder and Chief Investment Office10:33 a.m. ET - Jason Robins, DraftKings CEO11:05 a.m. ET - Phil Orlando, Federated Hermes Chief Equity Strategist
Block (SQ) reported first quarter adjusted earnings per share of $0.85 compared to a $0.71 estimate. Revenue of $5.96 billion was just slightly better than the $5.89 billion estimate. The company also says in its release that it will be investing 10% of its "gross profit from bitcoin products into bitcoin purchases." Block also raised its full-year gross profit and adjusted EBITDA forecasts. Yahoo Finance's Julie Hyman breaks down the financial technology company's quarterly results. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Stephanie Mikulich.
Square stock popped after Block reported Q1 earnings and revenue that topped estimates while EBITDA guidance came in above expectations.