Square & Cash App Add Muscle Ahead of XYZ Earnings, is Its Future Already Priced In?
Schwab Network · Schwab Network
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Show Notes
Block (XYZ) reports earnings after the close on Thursday. It's Square and Cash App platforms are expected to perform well in the print, but as Marley Kayden notes, its Bitcoin holdings can prove to be a headwind ahead. Marley touches on Cathie Wood's Ark dumping $4.8 million of Block stock and weighs if Block's future prospects are already priced into the stock. Joe Tigay turns to an example options trade for the fintech company.
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