Investing
Add as a preferred source on GoogleBlock shares traded at $75.14 before Monday’s open, down 1.73%. Morgan Stanley assigned the company an Equal-weight rating.
Block, Inc. traded at $75.14 before Monday’s U.S. open, down 1.73%; Morgan Stanley had lowered its rating to Equal-weight. The bank also pointed to the company’s need to reinvest.
The shares traded at $75.14 in premarket dealings, down 1.73%. Equal-weight is equivalent to Hold.
Intel's Data Center and AI revenue rose 59% year over year in the quarter ended June 27, while the company said internal limits kept server supply below demand.
EconoTimes had earlier reported a 2.5% decline after Boeing's quarterly loss exceeded expectations.
Stocks and bonds both offer attractive value, Lombard Odier's investment chief for Europe, the Middle East and Africa said, citing earnings growth and yields across fixed-income markets.
