Jay Jacobs, SVP and Head of Research & Strategy at Global X ETFs ((NASDAQ: QYLD), joined Yahoo Finance to discuss Square’s acquisition of Afterpay (OTCMKTS: AFTPF). Square’s Afterpay is a $29 billion all-stock deal, and it should shock (NYSE: V) and (NYSE: MA). S.Q. had previously announced its plan to […]
Square Inc (NYSE:SQ) Shapes Up for Test of the Fifty on Q3 Data
Square Inc (NYSE:SQ) recently announced its Q3 data, noting that top-line growth accelerated from the second quarter of 2017: Total net revenue increased 33% year over year, up from 26%, and Adjusted Revenue increased 45% year over year, up from 41%. The company also noted that “We launched Square Register, […]
Is Square Inc (NYSE:SQ) Setting Up the Bounce Trade Into Earnings?
Square Inc (NYSE:SQ) shares have been in a very sharp pullback over the past couple of weeks, dropping nearly 40% at one point in that time. The company is barreling toward Q3 earnings after ramping its new Cash app into place to much fanfare. Now, the company is putting the […]