ticker:SQ
Block, Inc. (SQ) — fintech firm offering digital payments, POS hardware, merchant services and Cash App consumer finance.
The Stripe IPO that isn't coming (yet)
Stripe hit $106.7B valuation and first-ever profitability in 2024, processing $1.4T in payments. Yet founders say "no near-term IPO." Why the most anticipated tech IPO keeps delaying—and what it means for 150+ zombie unicorns trapped behind it.
The Hindenburg Report on Block Inc.
On Thursday, Hindenburg Research released its next report targeting Block Inc. The company's shares have now dipped by 20%.