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Finance & Markets

Block Will Pay $764 Million to Resolve AML Investigation

Block is reportedly paying $764 million to resolve a Justice Department investigation of its anti-money laundering controls. That’s according to a CoinDesk report on Thursday (Nov. 5), which noted that the agreement-in-principle settlement is larger than the $566 million profit Block—owner of CashApp and Square—reported for the third quarter. The agreement, reached last month and […] The post…

Block Will Pay $764 Million to Resolve AML Investigation

We haven't written up this one. PYMNTS has the full story — the link below goes straight to it.

Read the original at pymnts.com →

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Paramount and Warner Bros.: The $110 Billion Bet That Could Reshape Streaming

This $110 billion deal creates a streaming heavyweight with more than 200 million subscribers—and $80 billion in debt. Can the combined company compete with Netflix, Disney, and YouTube?

  • Paramount and Warner Bros. merger valued at $110 billion
  • Includes $80 billion in debt, forming a major streaming player
  • Combined company has over 200 million subscribers, behind YouTube

Is Nvidia Still a Millionaire-Maker Stock?

Nvidia looks like it can keep beating the S&P 500, but if you're looking for it to deliver another 10x return (or more) like it has in the past, you may want to dial back your expectations.

  • Nvidia stock has increased tenfold over the past decade, turning $10,000 into over $1 million.
  • Nvidia's current market cap of $5 trillion makes another 10x return unlikely and unsustainable.

More from Thursday 5 November →