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Block heads into the Q2 earnings release with 20% gross profit growth targeted, Cash App and Square momentum, and bitcoin volatility shaping the outlook.

Third Point Management, a New York-based investment advisor, released its second-quarter 2026 investor letter. A copy is available to download here. Third Point’s flagship Offshore Fund returned 7.7% in Q2 2026, outperforming the hedge fund index but trailing broader equity benchmarks. Second Quarter returns benefited from strong performance in semiconductors, memory, semiconductor equipment, power infrastructure, […]

Block (XYZ) estimates are lowered slightly on more conservative Cash App assumptions in Q4 amid bala

Ark Invest trimmed positions in Bitmine Immersion Technologies, Bullish, and Block while simultaneously deploying roughly $43.5M into Coinbase and Circle shares, a rotation that looks far more like portfolio rebalancing than a retreat from crypto equities, according to the firm’s daily trade disclosures. The Cathie Wood-led investment firm has over $16Bn ...

The hackers used an “automated tool” to scan 1,196 wallets and steal more than 1,082 BTC within just 41 minutes.

Block is back in focus after a series of analysts lifted price targets toward about US$100, pointing to updated models that now sit closer to some fair value estimates around US$93.23. Recent commentary links these higher targets to Block’s AI push, the performance of Square and Cash App, and debate over how much of this is already reflected in the share price. Read on to see what is driving the new narrative and how you can track the story as it evolves. Stay updated as the Fair Value for...

Get a deeper insight into the potential performance of Block (XYZ) for the quarter ended June 2026 by going beyond Wall Street's top-and-bottom-line estimates and examining the estimates for some of its key metrics.

This payment processing innovator reported a notable insider sale amid strong share price gains.

Ark Invest sold shares of Bitmine, Robinhood, Bullish, and Block during Wednesday's pullback in crypto equities, while continuing to add to Coinbase and Circle.

In the world of prediction markets, the CLARITY Act was once the golden child. Back in February, the odds of passage sat at a comfortable 82%, a number that suggested the bill was essentially a legislative formality waiting for a signature. Today, that narrative has been dismantled. On July 30, Polymarket odds for the bill’s […]

Arteris (AIP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Closely followed investor Cathie Wood continues to purchase stocks of cryptocurrency companies as their prices fall...

Ark Invest sold shares of Bitmine Immersion Technologies, Bullish, and Block as crypto-related equities extended losses across U.S. markets. The move raised questions after months of aggressive buying during previous pullbacks. Rather than signaling a broad exit, the latest trades suggest Ark is actively rotating capital within its crypto portfolio ...

Ark Invest sold 120,665 shares of BMNR, making it the firm's largest trade of the day.

Toast's AI tools, market expansion and rising software margins strengthen its long-term story as growth slows and costs persist.

Sezzle's strong growth and raised 2026 outlook support the bull case, but premium valuation, yield pressure and funding risks demand execution.

Block (XYZ) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

The company also wants to put more resources towards its growth areas, including its emphasis on affluent customers and stablecoins.

The reported workforce reduction will primarily affect Visa's technology and product operations.

XYZ and PYPL take different fintech paths, with Square and Cash App powering Block, while Venmo's growth and cost savings drive PayPal's strategy.

Shares of the State Street Financial Select Sector SPDR ETF (XLF) touched a fresh all-time high Tuesday. That gain is part of a broader shift in the market. Money has moved out of high-flying tech names and into more traditional corners of Wall Street. Key Takeaways: XLF hit an all-time high of $57.33 Tuesday, lifting [...]

A federal judge blocked Minnesota's prediction market ban, ruling it preempted by federal law, hours after Kalshi lost a separate motion in NY.

PROG Holdings heads into Q2 earnings with improving leasing demand and rapid Four growth, while write-offs and consumer pressure remain key risks.

Investing.com -- Visa Inc. (NYSE: V) shares gained 2% on Tuesday following reports that the payments behemoth plans to trim approximately 7% of its workforce. The restructuring will eliminate roughly 2,600 roles—primarily concentrated in tech and product divisions—according to an internal memo from CEO Ryan McInerney obtained by Bloomberg. The move follows a decade of massive expansion that saw Visa’s workforce more than triple to 34,100 employees. Capital freed up by the reductions will be rein

(Bloomberg) -- Visa Inc. is eliminating about 2,600 jobs as Chief Executive Officer Ryan McInerney seeks to make the firm more efficient as it competes in an increasingly tough payments industry.Most Read from BloombergNvidia’s $750 Billion in Deals Reignite Circular AI FearsChip Rout Deepens on Circular Funding, China Competition FearsCitadel Securities Sees Warsh Delivering Surprise Fed HikeDeepSeek Suspends Fundraising After Viral US-China PostsS&P 500 Wobbles as AI Angst Offsets Oil Decline:

Visa plans to cut 7% of its workforce, or ‌about 2,600 jobs, Bloomberg News reported ‌on Tuesday, citing a staff memo, as the payments ​processor seeks to become more efficient in a challenging industry. AI has ⁠helped cut repetitive tasks and speed up product development, but it ⁠was not the sole factor behind the decision, Bloomberg reported, citing a person ​familiar with ​the company's reasoning. Earlier this year, peer Mastercard announced plans ‌to lay off 4% ​of its global workforce, ​citing the ​need to refocus investments in different ‌areas.

Sezzle embeds AI across support, engineering and underwriting to scale product launches and efficiency without matching growth in staffing.

Coinbase launched a multi-year quantum-resistant security plan for Bitcoin and joined the Bitcoin Security Consortium. The focus is on migrating Bitcoin before quantum threats emerge, ...

Investors can debate if S&P 500 CEOs deserve their sky-high pay packages. But not all CEOs get such princely sums.

Cash App makes sending and receiving money easy, but its convenience comes with risks that users should understand before relying on it for everyday payments.