Square-parent Block (SQ) on Thursday fired back at short-seller Hindenburg Research amid charges the digital payment company inflates Cash App user metrics and facilitates fraud. SQ stock continued to claw its way back from the deep drop that came with the original report.
In its report, Hindenburg claimed Cash App doesn't have 51 million active monthly users as Square has stated in financial results. Meanwhile, Square published its own report on Thur
Per Hindenburg, SQ stated they had 80m annual users in 2020
In $SQ’s response to the hindenburg’s verification concerns, they stated they had 39m unique SSN’s across 44m verified accounts. Hindenburg is now claiming that SQ is lying and inflating their user counts to investors (44m vs 80m) however the remaining amount of accounts are clearly unverified accounts, right? If so, what a silly take this is. Unverified accounts have strict sending and receiving

Good Friday morning traders and investors of the r/stocks sub! Welcome to the final trading day of this week, month and quarter. Here are your pre-market movers & news on this Friday, March the 31st, 2023-
S&P 500 futures tick higher as traders get set to wrap up the first quarter: Live updates
S&P 500
I'm super new to investing and I'm thinking about putting 100 eur savings per month in the S&P500. Since the S&P500 consists of the 500 largest companies in the US, its fairly low risk if something happens to one of the companies.
But what's the doom scenario here? What's the absolute worst that can happen to your S&P500 investment?
This is the daily discussion, so anything stocks related is fine, but the theme for today is on fundamentals, but if fundamentals aren't your thing then just ignore the theme and/or post your arguments against fundamentals here and not in the current post.
Some h
- Riot Platform Inc. sells Bitcoin mining computers and hopes to gain from BTC nearing 30K.
- The crypto industry’s market cap also raised slightly, giving strong signals.
With Bitcoin rising from crypto winter slumber, can the BTC mining company Riot Platform Inc. stock also rise? Currently, BTC is trading at $28,635.16, and the crypto industry’s global market cap is around $1.18 trillion after gaining 2.8% recently. All these create
So im fairly new to investing and i was wondering how p/e and p/b can be used to determine which stocks to buy.
As far as i have gathered p/e mean price to earnings, where a high p/e indicates that the stocks are being sold for more than the companys actual surplus.
And p/b i think is price to book and is used to determine a stocks price compared to the companys assets and liabilities??
Dont know if its correct, and if not i was hoping someo
For Day Trading: I was just wondering what is the max amount you should put into a stock that has $1,000,000 daily volume. It seems like $1,000,000 would obviously be too much because you wouldn't be able to exit the trade very quickly. Is there a rule? Like only go as high as 1% of the daily volume? I was just curious.
-Thanks
Fiserv, Inc. ($FISV) recently declared that its board has approved a share repurchase plan, which allows the company to buy back 75,000,000 of its outstanding shares through open market purchases. Such a repurchase plan is generally an indication that the management of the company believes that its shares are undervalued in the market.
Veriti Management LLC reduced its holdings in Fiserv by 7.9% during the fourth quarter, according to the firm’s most rece
The US supplied the Allies in WWII and got paid in gold. After the war, countries linked their currencies to the US dollar, which was linked to gold. The Gold Standard ended completely in 1971, but the US dollar’s reserve status remained. Today more than 61% of all foreign bank reserves are denominated in US dollars. Nearly 40% of the world’s debt is in US dollars. Reserve currency status has both benefits and drawbacks. The benefits are lower exchange rate risk