Square Just Bought Afterpay, and Wall Street's Betting This Fintech Stock Could Be Next

94
8
Favorite

Square Just Bought Afterpay, and Wall Street's Betting This Fintech Stock Could Be Next

Motley Fool2021-08-03

Key Points Markets moved higher on Monday. Square made a massive acquisition in the buy-now, pay-later space. A competing stock also saw big gains. Investors often seem to start a new month on a ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（8）

Yabayaba2233
·2021-08-03
Like please
Reply
1
Report
Fold Replies
- Darrencwj:
  Ok
  2021-08-03
  Reply
  Report
PorkChopRice
·2021-08-03
$Affirm Holdings, Inc.(AFRM)$ wow! Who's going to buy this now that it's gone up so much!
Reply
Like
Report
Fold Replies
- AlphaSpiker:
  many suitors coming after her now
  2021-08-03
  Reply
  Report
yaozong7
·2021-08-03
Square really went to the moon! Wonder abt tonight...
Reply
6
Report
Fold Replies
- Yhlim:
  Good point
  2021-08-03
  Reply
  Report
YeeMeng
·2021-08-03
I am positive in square
Reply
5
Report
JASLIM
·2021-08-03
Ok
Reply
8
Report
Fold Replies
- JASLIM:
  lol
  2021-08-03
  Reply
  Report
Ahsiang
·2021-08-03
What’s next?
Reply
4
Report
Fold Replies
- YeeMeng:
  square's share price retraced last 2 days. hopefully this will help to push its price up
  2021-08-03
  Reply
  Report
- Jl123456:
  dont knw
  2021-08-03
  Reply
  Report
- PorkChopRice:
  everything priced in already, all profits made already [流泪]
  2021-08-03
  Reply
  Report
Freddyd
·2021-08-03
Woww
Reply
1
Report
Fold Replies
- JessHang:
  ??
  2021-08-03
  Reply
  Report
DLiew
·2021-08-03
Nice
Reply
4
Report
Fold Replies
- Ballballboin:
  ??
  2021-08-03
  Reply
  Report
- WanEH:
  good
  2021-08-03
  Reply
  Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/1145722957?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-08-03 10:55","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1145722957","market":"us","top_or_hot":-1,"title":"Square Just Bought Afterpay, and Wall Street's Betting This Fintech Stock Could Be Next","media":"Motley Fool","content":"<div>\n<p>Key Points\n\nMarkets moved higher on Monday.\nSquare made a massive acquisition in the buy-now, pay-later space.\nA competing stock also saw big gains.\n\n\nInvestors often seem to start a new month on a ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/02/square-just-bought-afterpay-and-wall-streets-betti/\">Source Link</a>\n\n</div>\n","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Square Just Bought Afterpay, and Wall Street's Betting This Fintech Stock Could Be Next</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSquare Just Bought Afterpay, and Wall Street's Betting This Fintech Stock Could Be Next\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 10:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/08/02/square-just-bought-afterpay-and-wall-streets-betti/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Key Points\n\nMarkets moved higher on Monday.\nSquare made a massive acquisition in the buy-now, pay-later space.\nA competing stock also saw big gains.\n\n\nInvestors often seem to start a new month on a ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/02/square-just-bought-afterpay-and-wall-streets-betti/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SQ","symbol_name":"Block","start_time":0,"source_url":"https://www.fool.com/investing/2021/08/02/square-just-bought-afterpay-and-wall-streets-betti/","article_id":"1145722957","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1145722957","pubTimestamp":1627959318,"sourceInfo":null,"weMediaInfo":null,"summary":"The stock market moved higher on Monday to start the new month.","collect":0,"end_time":0,"defaultTopTitle":"fool.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"SQ":"Block"},"translate_title":"Square,Inc刚刚收购了Afterpay，华尔街押注这只金融科技股可能是下一个","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SQ":0.9},"content_text":"Key Points\n\nMarkets moved higher on Monday.\nSquare made a massive acquisition in the buy-now, pay-later space.\nA competing stock also saw big gains.\n\n\nInvestors often seem to start a new month on a positive note, and Monday saw sustained gains for major market benchmarks. Market participants seem to be comfortable that the economy will be able to find ways to overcome any challenges from rising COVID-19 case counts. As of 11:30 a.m. EDT, the Dow Jones Industrial Average (DJINDICES: ^DJI) was up 121 points to 35,057. The S&P 500 (SNPINDEX: ^GSPC) gained 18 points to 4,414, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) picked up 93 points to 14,765.\nOver the weekend,Square(NYSE: SQ) surprised investors by releasing earnings early and announcing a huge acquisition. Yet even though the move will ramp up competition pressures on another key player in the buy-now, pay-later fintech space, shares of a key rival to the company that Square bought out also moved higher. Below, we'll look at why Wall Street seems to think this competitor could be the next acquisition target.\nSquare buys Afterpay\nShares of Square moved higher by 11% on Monday morning. The electronic payments specialist and fintech disruptor made a major strategic move by acquiring Australia's Afterpay(OTC: AFTP.F) in a deal worth $29 billion.\nIMAGE SOURCE: SQUARE.\nUnder the terms of the deal,Afterpay shareholders will receive 0.375 shares of Square for every Afterpay share they own. Square reserved the right to pay a modest 1% of the total value of the deal in cash rather than shares, presumably allowing for redemptions of fractional shares as necessary.\nThe deal has benefits for both parties. For Afterpay, access to Square will dramatically accelerate its efforts to penetrate the U.S. market with its installment payment service. Meanwhile, Square will gain visibility in the increasingly popular buy-now, pay-later space, as younger consumers seem to prefer that method of shopping compared with credit cards and other ways to buy without making full payment up front.\nThe all-stock deal allows Square to use its high-flying shares as currency for a smart acquisition. Interestingly, though, a company that's going to be one of Square's main competitors also gained on the day.\nAffirming the value of buy-now, pay-later\nShares of Affirm Holdings(Nasdaq: AFRM) were up even more sharply than Square, gaining 14%. The move comes despite the fact that Affirm will face plenty of pressure from a combined Square and Afterpay, but it seems to reflect expectations that another player in the fintech industry will swoop in to offer Affirm a deal that shareholders can't refuse.\nAffirm has made big strides forward, building on an initial relationship with connected fitness specialist Peloton Interactive by forging a partnership with e-commerce enabler Shopify. The move higher for the stock comes after a brief drop on news that Apple would look to offer its own direct installment payment service.\nSquare's strategic acquisition raised the obvious question of whether another company will come in to buy Affirm.PayPal Holdingswas seen building its own buy-now, pay-later service, but it could seek to accelerate its efforts by buying Affirm. Similarly, card giants lik eVisa or Mastercard have been known to make strategic acquisitions of innovative companies in order to keep pace with transformative efforts in the payments space.\nIt's too early to tell exactly what will happen with Affirm. However, Square's purchase of Afterpay ups the stakes in what was already a popular investment area.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":804519858,"gmtCreate":1627963681774,"gmtModify":1703498720329,"author":{"id":"3573596750688906","authorId":"3573596750688906","name":"Yabayaba2233","avatar":"https://static.tigerbbs.com/f6dd803542e7ff71b43b789951cc1ffd","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/804519858","repostId":1145722957,"repostType":4,"repost":{"id":"1145722957","pubTimestamp":1627959318,"share":"https://www.laohu8.com/m/news/1145722957?lang=&edition=full","pubTime":"2021-08-03 10:55","market":"us","language":"en","title":"Square Just Bought Afterpay, and Wall Street's Betting This Fintech Stock Could Be Next","url":"https://stock-news.laohu8.com/highlight/detail?id=1145722957","media":"Motley Fool","summary":"The stock market moved higher on Monday to start the new month.","content":"<p><b>Key Points</b></p>\n<ul>\n <li>Markets moved higher on Monday.</li>\n <li>Square made a massive acquisition in the buy-now, pay-later space.</li>\n <li>A competing stock also saw big gains.</li>\n</ul>\n<p></p>\n<p>Investors often seem to start a new month on a positive note, and Monday saw sustained gains for major market benchmarks. Market participants seem to be comfortable that the economy will be able to find ways to overcome any challenges from rising COVID-19 case counts. As of 11:30 a.m. EDT, the&nbsp;<b>Dow Jones Industrial Average</b>&nbsp;(DJINDICES: ^DJI) was up 121 points to 35,057. The&nbsp;<b>S&amp;P 500</b>&nbsp;(SNPINDEX: ^GSPC) gained 18 points to 4,414, and the&nbsp;<b>Nasdaq Composite</b>&nbsp;(NASDAQINDEX: ^IXIC) picked up 93 points to 14,765.</p>\n<p>Over the weekend,<b>Square</b>(NYSE: SQ) surprised investors by releasing earnings early and announcing a huge acquisition. Yet even though the move will ramp up competition pressures on another key player in the buy-now, pay-later&nbsp;fintech space, shares of a key rival to the company that Square bought out also moved higher. Below, we'll look at why Wall Street seems to think this competitor could be the next acquisition target.</p>\n<p><b>Square buys Afterpay</b></p>\n<p>Shares of Square moved higher by 11% on Monday morning. The electronic payments specialist and fintech disruptor made a major strategic move by acquiring Australia's&nbsp;<b>Afterpay</b>(OTC: AFTP.F) in a deal worth $29 billion.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e2f0523d278e42ca08e7b9fb7e9f13de\" tg-width=\"2000\" tg-height=\"1505\" width=\"100%\" height=\"auto\"><span>IMAGE SOURCE: SQUARE.</span></p>\n<p>Under the terms of the deal,Afterpay shareholders will receive 0.375 shares of Square&nbsp;for every Afterpay share they own. Square reserved the right to pay a modest 1% of the total value of the deal in cash rather than shares, presumably allowing for redemptions of fractional shares as necessary.</p>\n<p>The deal has benefits for both parties. For Afterpay, access to Square will dramatically accelerate its efforts to penetrate the U.S. market with its installment payment service. Meanwhile, Square will gain visibility in the increasingly popular buy-now, pay-later space, as younger consumers seem to prefer that method of shopping compared with credit cards and other ways to buy without making full payment up front.</p>\n<p>The all-stock deal allows Square to use its high-flying shares as currency for a smart acquisition. Interestingly, though, a company that's going to be one of Square's main competitors also gained on the day.</p>\n<p><b>Affirming the value of buy-now, pay-later</b></p>\n<p>Shares of&nbsp;<b>Affirm Holdings</b>(Nasdaq: AFRM) were up even more sharply than Square, gaining 14%. The move comes despite the fact that Affirm will face plenty of pressure from a combined Square and Afterpay, but it seems to reflect expectations that another player in the fintech industry will swoop in to offer Affirm a deal that shareholders can't refuse.</p>\n<p>Affirm has made big strides forward, building on an initial relationship with connected fitness specialist&nbsp;<b>Peloton Interactive</b>&nbsp;by forging a partnership with e-commerce enabler&nbsp;<b>Shopify</b>. The move higher for the stock comes after a brief drop on news that&nbsp;<b>Apple</b>&nbsp;would look to offer its own direct installment payment service.</p>\n<p>Square's strategic acquisition raised the obvious question of whether another company will come in to buy Affirm.<b>PayPal Holdings</b>was seen building its own buy-now, pay-later service, but it could seek to accelerate its efforts by buying Affirm. Similarly, card giants lik&nbsp;e<b>Visa</b>&nbsp;or&nbsp;<b>Mastercard</b>&nbsp;have been known to make strategic acquisitions of innovative companies in order to keep pace with transformative efforts in the payments space.</p>\n<p>It's too early to tell exactly what will happen with Affirm. However, Square's purchase of Afterpay ups the stakes in what was already a popular investment area.</p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Square Just Bought Afterpay, and Wall Street's Betting This Fintech Stock Could Be Next</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSquare Just Bought Afterpay, and Wall Street's Betting This Fintech Stock Could Be Next\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 10:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/08/02/square-just-bought-afterpay-and-wall-streets-betti/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Key Points\n\nMarkets moved higher on Monday.\nSquare made a massive acquisition in the buy-now, pay-later space.\nA competing stock also saw big gains.\n\n\nInvestors often seem to start a new month on a ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/02/square-just-bought-afterpay-and-wall-streets-betti/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SQ":"Block"},"source_url":"https://www.fool.com/investing/2021/08/02/square-just-bought-afterpay-and-wall-streets-betti/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145722957","content_text":"Key Points\n\nMarkets moved higher on Monday.\nSquare made a massive acquisition in the buy-now, pay-later space.\nA competing stock also saw big gains.\n\n\nInvestors often seem to start a new month on a positive note, and Monday saw sustained gains for major market benchmarks. Market participants seem to be comfortable that the economy will be able to find ways to overcome any challenges from rising COVID-19 case counts. As of 11:30 a.m. EDT, the Dow Jones Industrial Average (DJINDICES: ^DJI) was up 121 points to 35,057. The S&P 500 (SNPINDEX: ^GSPC) gained 18 points to 4,414, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) picked up 93 points to 14,765.\nOver the weekend,Square(NYSE: SQ) surprised investors by releasing earnings early and announcing a huge acquisition. Yet even though the move will ramp up competition pressures on another key player in the buy-now, pay-later fintech space, shares of a key rival to the company that Square bought out also moved higher. Below, we'll look at why Wall Street seems to think this competitor could be the next acquisition target.\nSquare buys Afterpay\nShares of Square moved higher by 11% on Monday morning. The electronic payments specialist and fintech disruptor made a major strategic move by acquiring Australia's Afterpay(OTC: AFTP.F) in a deal worth $29 billion.\nIMAGE SOURCE: SQUARE.\nUnder the terms of the deal,Afterpay shareholders will receive 0.375 shares of Square for every Afterpay share they own. Square reserved the right to pay a modest 1% of the total value of the deal in cash rather than shares, presumably allowing for redemptions of fractional shares as necessary.\nThe deal has benefits for both parties. For Afterpay, access to Square will dramatically accelerate its efforts to penetrate the U.S. market with its installment payment service. Meanwhile, Square will gain visibility in the increasingly popular buy-now, pay-later space, as younger consumers seem to prefer that method of shopping compared with credit cards and other ways to buy without making full payment up front.\nThe all-stock deal allows Square to use its high-flying shares as currency for a smart acquisition. Interestingly, though, a company that's going to be one of Square's main competitors also gained on the day.\nAffirming the value of buy-now, pay-later\nShares of Affirm Holdings(Nasdaq: AFRM) were up even more sharply than Square, gaining 14%. The move comes despite the fact that Affirm will face plenty of pressure from a combined Square and Afterpay, but it seems to reflect expectations that another player in the fintech industry will swoop in to offer Affirm a deal that shareholders can't refuse.\nAffirm has made big strides forward, building on an initial relationship with connected fitness specialist Peloton Interactive by forging a partnership with e-commerce enabler Shopify. The move higher for the stock comes after a brief drop on news that Apple would look to offer its own direct installment payment service.\nSquare's strategic acquisition raised the obvious question of whether another company will come in to buy Affirm.PayPal Holdingswas seen building its own buy-now, pay-later service, but it could seek to accelerate its efforts by buying Affirm. Similarly, card giants lik eVisa or Mastercard have been known to make strategic acquisitions of innovative companies in order to keep pace with transformative efforts in the payments space.\nIt's too early to tell exactly what will happen with Affirm. However, Square's purchase of Afterpay ups the stakes in what was already a popular investment area.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5411502,"gmtCreate":1627969387167,"gmtModify":1663231862063,"authorId":3577956622347630,"author":{"id":3577956622347630,"authorId":3577956622347630,"name":"Darrencwj","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":804519858,"type":1,"supId":0,"prevId":0,"content":"Ok ","text":"Ok ","html":"Ok "}],"langContent":"EN"},{"id":804598880,"gmtCreate":1627962531240,"gmtModify":1703498695975,"author":{"id":"3555134782523638","authorId":"3555134782523638","name":"PorkChopRice","avatar":"https://static.tigerbbs.com/a98cc137c6872d5c9d28edd7d7e4206a","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"<a href=\"https://laohu8.com/S/AFRM\">$Affirm Holdings, Inc.(AFRM)$</a> wow! Who's going to buy this now that it's gone up so much!","listText":"<a href=\"https://laohu8.com/S/AFRM\">$Affirm Holdings, Inc.(AFRM)$</a> wow! Who's going to buy this now that it's gone up so much!","text":"$Affirm Holdings, Inc.(AFRM)$ wow! Who's going to buy this now that it's gone up so much!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/804598880","repostId":1145722957,"repostType":2,"repost":{"id":"1145722957","pubTimestamp":1627959318,"share":"https://www.laohu8.com/m/news/1145722957?lang=&edition=full","pubTime":"2021-08-03 10:55","market":"us","language":"en","title":"Square Just Bought Afterpay, and Wall Street's Betting This Fintech Stock Could Be Next","url":"https://stock-news.laohu8.com/highlight/detail?id=1145722957","media":"Motley Fool","summary":"The stock market moved higher on Monday to start the new month.","content":"<p><b>Key Points</b></p>\n<ul>\n <li>Markets moved higher on Monday.</li>\n <li>Square made a massive acquisition in the buy-now, pay-later space.</li>\n <li>A competing stock also saw big gains.</li>\n</ul>\n<p></p>\n<p>Investors often seem to start a new month on a positive note, and Monday saw sustained gains for major market benchmarks. Market participants seem to be comfortable that the economy will be able to find ways to overcome any challenges from rising COVID-19 case counts. As of 11:30 a.m. EDT, the&nbsp;<b>Dow Jones Industrial Average</b>&nbsp;(DJINDICES: ^DJI) was up 121 points to 35,057. The&nbsp;<b>S&amp;P 500</b>&nbsp;(SNPINDEX: ^GSPC) gained 18 points to 4,414, and the&nbsp;<b>Nasdaq Composite</b>&nbsp;(NASDAQINDEX: ^IXIC) picked up 93 points to 14,765.</p>\n<p>Over the weekend,<b>Square</b>(NYSE: SQ) surprised investors by releasing earnings early and announcing a huge acquisition. Yet even though the move will ramp up competition pressures on another key player in the buy-now, pay-later&nbsp;fintech space, shares of a key rival to the company that Square bought out also moved higher. Below, we'll look at why Wall Street seems to think this competitor could be the next acquisition target.</p>\n<p><b>Square buys Afterpay</b></p>\n<p>Shares of Square moved higher by 11% on Monday morning. The electronic payments specialist and fintech disruptor made a major strategic move by acquiring Australia's&nbsp;<b>Afterpay</b>(OTC: AFTP.F) in a deal worth $29 billion.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e2f0523d278e42ca08e7b9fb7e9f13de\" tg-width=\"2000\" tg-height=\"1505\" width=\"100%\" height=\"auto\"><span>IMAGE SOURCE: SQUARE.</span></p>\n<p>Under the terms of the deal,Afterpay shareholders will receive 0.375 shares of Square&nbsp;for every Afterpay share they own. Square reserved the right to pay a modest 1% of the total value of the deal in cash rather than shares, presumably allowing for redemptions of fractional shares as necessary.</p>\n<p>The deal has benefits for both parties. For Afterpay, access to Square will dramatically accelerate its efforts to penetrate the U.S. market with its installment payment service. Meanwhile, Square will gain visibility in the increasingly popular buy-now, pay-later space, as younger consumers seem to prefer that method of shopping compared with credit cards and other ways to buy without making full payment up front.</p>\n<p>The all-stock deal allows Square to use its high-flying shares as currency for a smart acquisition. Interestingly, though, a company that's going to be one of Square's main competitors also gained on the day.</p>\n<p><b>Affirming the value of buy-now, pay-later</b></p>\n<p>Shares of&nbsp;<b>Affirm Holdings</b>(Nasdaq: AFRM) were up even more sharply than Square, gaining 14%. The move comes despite the fact that Affirm will face plenty of pressure from a combined Square and Afterpay, but it seems to reflect expectations that another player in the fintech industry will swoop in to offer Affirm a deal that shareholders can't refuse.</p>\n<p>Affirm has made big strides forward, building on an initial relationship with connected fitness specialist&nbsp;<b>Peloton Interactive</b>&nbsp;by forging a partnership with e-commerce enabler&nbsp;<b>Shopify</b>. The move higher for the stock comes after a brief drop on news that&nbsp;<b>Apple</b>&nbsp;would look to offer its own direct installment payment service.</p>\n<p>Square's strategic acquisition raised the obvious question of whether another company will come in to buy Affirm.<b>PayPal Holdings</b>was seen building its own buy-now, pay-later service, but it could seek to accelerate its efforts by buying Affirm. Similarly, card giants lik&nbsp;e<b>Visa</b>&nbsp;or&nbsp;<b>Mastercard</b>&nbsp;have been known to make strategic acquisitions of innovative companies in order to keep pace with transformative efforts in the payments space.</p>\n<p>It's too early to tell exactly what will happen with Affirm. However, Square's purchase of Afterpay ups the stakes in what was already a popular investment area.</p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Square Just Bought Afterpay, and Wall Street's Betting This Fintech Stock Could Be Next</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSquare Just Bought Afterpay, and Wall Street's Betting This Fintech Stock Could Be Next\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 10:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/08/02/square-just-bought-afterpay-and-wall-streets-betti/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Key Points\n\nMarkets moved higher on Monday.\nSquare made a massive acquisition in the buy-now, pay-later space.\nA competing stock also saw big gains.\n\n\nInvestors often seem to start a new month on a ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/02/square-just-bought-afterpay-and-wall-streets-betti/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SQ":"Block"},"source_url":"https://www.fool.com/investing/2021/08/02/square-just-bought-afterpay-and-wall-streets-betti/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145722957","content_text":"Key Points\n\nMarkets moved higher on Monday.\nSquare made a massive acquisition in the buy-now, pay-later space.\nA competing stock also saw big gains.\n\n\nInvestors often seem to start a new month on a positive note, and Monday saw sustained gains for major market benchmarks. Market participants seem to be comfortable that the economy will be able to find ways to overcome any challenges from rising COVID-19 case counts. As of 11:30 a.m. EDT, the Dow Jones Industrial Average (DJINDICES: ^DJI) was up 121 points to 35,057. The S&P 500 (SNPINDEX: ^GSPC) gained 18 points to 4,414, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) picked up 93 points to 14,765.\nOver the weekend,Square(NYSE: SQ) surprised investors by releasing earnings early and announcing a huge acquisition. Yet even though the move will ramp up competition pressures on another key player in the buy-now, pay-later fintech space, shares of a key rival to the company that Square bought out also moved higher. Below, we'll look at why Wall Street seems to think this competitor could be the next acquisition target.\nSquare buys Afterpay\nShares of Square moved higher by 11% on Monday morning. The electronic payments specialist and fintech disruptor made a major strategic move by acquiring Australia's Afterpay(OTC: AFTP.F) in a deal worth $29 billion.\nIMAGE SOURCE: SQUARE.\nUnder the terms of the deal,Afterpay shareholders will receive 0.375 shares of Square for every Afterpay share they own. Square reserved the right to pay a modest 1% of the total value of the deal in cash rather than shares, presumably allowing for redemptions of fractional shares as necessary.\nThe deal has benefits for both parties. For Afterpay, access to Square will dramatically accelerate its efforts to penetrate the U.S. market with its installment payment service. Meanwhile, Square will gain visibility in the increasingly popular buy-now, pay-later space, as younger consumers seem to prefer that method of shopping compared with credit cards and other ways to buy without making full payment up front.\nThe all-stock deal allows Square to use its high-flying shares as currency for a smart acquisition. Interestingly, though, a company that's going to be one of Square's main competitors also gained on the day.\nAffirming the value of buy-now, pay-later\nShares of Affirm Holdings(Nasdaq: AFRM) were up even more sharply than Square, gaining 14%. The move comes despite the fact that Affirm will face plenty of pressure from a combined Square and Afterpay, but it seems to reflect expectations that another player in the fintech industry will swoop in to offer Affirm a deal that shareholders can't refuse.\nAffirm has made big strides forward, building on an initial relationship with connected fitness specialist Peloton Interactive by forging a partnership with e-commerce enabler Shopify. The move higher for the stock comes after a brief drop on news that Apple would look to offer its own direct installment payment service.\nSquare's strategic acquisition raised the obvious question of whether another company will come in to buy Affirm.PayPal Holdingswas seen building its own buy-now, pay-later service, but it could seek to accelerate its efforts by buying Affirm. Similarly, card giants lik eVisa or Mastercard have been known to make strategic acquisitions of innovative companies in order to keep pace with transformative efforts in the payments space.\nIt's too early to tell exactly what will happen with Affirm. However, Square's purchase of Afterpay ups the stakes in what was already a popular investment area.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5414140,"gmtCreate":1627991387828,"gmtModify":1663231871529,"authorId":3573008930783156,"author":{"id":3573008930783156,"authorId":3573008930783156,"name":"AlphaSpiker","avatar":"https://static.tigerbbs.com/7bf4e96af844a7e9da5720d6045b3532","vip":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-3","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"President Tiger","description":"The transaction amount of the securities account reaches $1,000,000","bigImgUrl":"https://static.tigerbbs.com/fbeac6bb240db7da8b972e5183d050ba","smallImgUrl":"https://static.tigerbbs.com/436cdf80292b99f0a992e78750ac4e3a","grayImgUrl":"https://static.tigerbbs.com/506a259a7b456f037592c3b23c779599","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"93.17%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1101},"crmLevel":6,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":804598880,"type":1,"supId":0,"prevId":0,"content":"many suitors coming after her now","text":"many suitors coming after her now","html":"many suitors coming after her now"}],"langContent":"EN"},{"id":804508493,"gmtCreate":1627961987812,"gmtModify":1703498683046,"author":{"id":"3553658931361428","authorId":"3553658931361428","name":"yaozong7","avatar":"https://community-static.tradeup.com/news/0db82c58fe151c6056334e54bf8ceeee","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Square really went to the moon! Wonder abt tonight...&nbsp;","listText":"Square really went to the moon! Wonder abt tonight...&nbsp;","text":"Square really went to the moon! Wonder abt tonight...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/804508493","repostId":1145722957,"repostType":4,"repost":{"id":"1145722957","pubTimestamp":1627959318,"share":"https://www.laohu8.com/m/news/1145722957?lang=&edition=full","pubTime":"2021-08-03 10:55","market":"us","language":"en","title":"Square Just Bought Afterpay, and Wall Street's Betting This Fintech Stock Could Be Next","url":"https://stock-news.laohu8.com/highlight/detail?id=1145722957","media":"Motley Fool","summary":"The stock market moved higher on Monday to start the new month.","content":"<p><b>Key Points</b></p>\n<ul>\n <li>Markets moved higher on Monday.</li>\n <li>Square made a massive acquisition in the buy-now, pay-later space.</li>\n <li>A competing stock also saw big gains.</li>\n</ul>\n<p></p>\n<p>Investors often seem to start a new month on a positive note, and Monday saw sustained gains for major market benchmarks. Market participants seem to be comfortable that the economy will be able to find ways to overcome any challenges from rising COVID-19 case counts. As of 11:30 a.m. EDT, the&nbsp;<b>Dow Jones Industrial Average</b>&nbsp;(DJINDICES: ^DJI) was up 121 points to 35,057. The&nbsp;<b>S&amp;P 500</b>&nbsp;(SNPINDEX: ^GSPC) gained 18 points to 4,414, and the&nbsp;<b>Nasdaq Composite</b>&nbsp;(NASDAQINDEX: ^IXIC) picked up 93 points to 14,765.</p>\n<p>Over the weekend,<b>Square</b>(NYSE: SQ) surprised investors by releasing earnings early and announcing a huge acquisition. Yet even though the move will ramp up competition pressures on another key player in the buy-now, pay-later&nbsp;fintech space, shares of a key rival to the company that Square bought out also moved higher. Below, we'll look at why Wall Street seems to think this competitor could be the next acquisition target.</p>\n<p><b>Square buys Afterpay</b></p>\n<p>Shares of Square moved higher by 11% on Monday morning. The electronic payments specialist and fintech disruptor made a major strategic move by acquiring Australia's&nbsp;<b>Afterpay</b>(OTC: AFTP.F) in a deal worth $29 billion.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e2f0523d278e42ca08e7b9fb7e9f13de\" tg-width=\"2000\" tg-height=\"1505\" width=\"100%\" height=\"auto\"><span>IMAGE SOURCE: SQUARE.</span></p>\n<p>Under the terms of the deal,Afterpay shareholders will receive 0.375 shares of Square&nbsp;for every Afterpay share they own. Square reserved the right to pay a modest 1% of the total value of the deal in cash rather than shares, presumably allowing for redemptions of fractional shares as necessary.</p>\n<p>The deal has benefits for both parties. For Afterpay, access to Square will dramatically accelerate its efforts to penetrate the U.S. market with its installment payment service. Meanwhile, Square will gain visibility in the increasingly popular buy-now, pay-later space, as younger consumers seem to prefer that method of shopping compared with credit cards and other ways to buy without making full payment up front.</p>\n<p>The all-stock deal allows Square to use its high-flying shares as currency for a smart acquisition. Interestingly, though, a company that's going to be one of Square's main competitors also gained on the day.</p>\n<p><b>Affirming the value of buy-now, pay-later</b></p>\n<p>Shares of&nbsp;<b>Affirm Holdings</b>(Nasdaq: AFRM) were up even more sharply than Square, gaining 14%. The move comes despite the fact that Affirm will face plenty of pressure from a combined Square and Afterpay, but it seems to reflect expectations that another player in the fintech industry will swoop in to offer Affirm a deal that shareholders can't refuse.</p>\n<p>Affirm has made big strides forward, building on an initial relationship with connected fitness specialist&nbsp;<b>Peloton Interactive</b>&nbsp;by forging a partnership with e-commerce enabler&nbsp;<b>Shopify</b>. The move higher for the stock comes after a brief drop on news that&nbsp;<b>Apple</b>&nbsp;would look to offer its own direct installment payment service.</p>\n<p>Square's strategic acquisition raised the obvious question of whether another company will come in to buy Affirm.<b>PayPal Holdings</b>was seen building its own buy-now, pay-later service, but it could seek to accelerate its efforts by buying Affirm. Similarly, card giants lik&nbsp;e<b>Visa</b>&nbsp;or&nbsp;<b>Mastercard</b>&nbsp;have been known to make strategic acquisitions of innovative companies in order to keep pace with transformative efforts in the payments space.</p>\n<p>It's too early to tell exactly what will happen with Affirm. However, Square's purchase of Afterpay ups the stakes in what was already a popular investment area.</p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Square Just Bought Afterpay, and Wall Street's Betting This Fintech Stock Could Be Next</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSquare Just Bought Afterpay, and Wall Street's Betting This Fintech Stock Could Be Next\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 10:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/08/02/square-just-bought-afterpay-and-wall-streets-betti/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Key Points\n\nMarkets moved higher on Monday.\nSquare made a massive acquisition in the buy-now, pay-later space.\nA competing stock also saw big gains.\n\n\nInvestors often seem to start a new month on a ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/02/square-just-bought-afterpay-and-wall-streets-betti/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SQ":"Block"},"source_url":"https://www.fool.com/investing/2021/08/02/square-just-bought-afterpay-and-wall-streets-betti/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145722957","content_text":"Key Points\n\nMarkets moved higher on Monday.\nSquare made a massive acquisition in the buy-now, pay-later space.\nA competing stock also saw big gains.\n\n\nInvestors often seem to start a new month on a positive note, and Monday saw sustained gains for major market benchmarks. Market participants seem to be comfortable that the economy will be able to find ways to overcome any challenges from rising COVID-19 case counts. As of 11:30 a.m. EDT, the Dow Jones Industrial Average (DJINDICES: ^DJI) was up 121 points to 35,057. The S&P 500 (SNPINDEX: ^GSPC) gained 18 points to 4,414, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) picked up 93 points to 14,765.\nOver the weekend,Square(NYSE: SQ) surprised investors by releasing earnings early and announcing a huge acquisition. Yet even though the move will ramp up competition pressures on another key player in the buy-now, pay-later fintech space, shares of a key rival to the company that Square bought out also moved higher. Below, we'll look at why Wall Street seems to think this competitor could be the next acquisition target.\nSquare buys Afterpay\nShares of Square moved higher by 11% on Monday morning. The electronic payments specialist and fintech disruptor made a major strategic move by acquiring Australia's Afterpay(OTC: AFTP.F) in a deal worth $29 billion.\nIMAGE SOURCE: SQUARE.\nUnder the terms of the deal,Afterpay shareholders will receive 0.375 shares of Square for every Afterpay share they own. Square reserved the right to pay a modest 1% of the total value of the deal in cash rather than shares, presumably allowing for redemptions of fractional shares as necessary.\nThe deal has benefits for both parties. For Afterpay, access to Square will dramatically accelerate its efforts to penetrate the U.S. market with its installment payment service. Meanwhile, Square will gain visibility in the increasingly popular buy-now, pay-later space, as younger consumers seem to prefer that method of shopping compared with credit cards and other ways to buy without making full payment up front.\nThe all-stock deal allows Square to use its high-flying shares as currency for a smart acquisition. Interestingly, though, a company that's going to be one of Square's main competitors also gained on the day.\nAffirming the value of buy-now, pay-later\nShares of Affirm Holdings(Nasdaq: AFRM) were up even more sharply than Square, gaining 14%. The move comes despite the fact that Affirm will face plenty of pressure from a combined Square and Afterpay, but it seems to reflect expectations that another player in the fintech industry will swoop in to offer Affirm a deal that shareholders can't refuse.\nAffirm has made big strides forward, building on an initial relationship with connected fitness specialist Peloton Interactive by forging a partnership with e-commerce enabler Shopify. The move higher for the stock comes after a brief drop on news that Apple would look to offer its own direct installment payment service.\nSquare's strategic acquisition raised the obvious question of whether another company will come in to buy Affirm.PayPal Holdingswas seen building its own buy-now, pay-later service, but it could seek to accelerate its efforts by buying Affirm. Similarly, card giants lik eVisa or Mastercard have been known to make strategic acquisitions of innovative companies in order to keep pace with transformative efforts in the payments space.\nIt's too early to tell exactly what will happen with Affirm. However, Square's purchase of Afterpay ups the stakes in what was already a popular investment area.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5410430,"gmtCreate":1627962211246,"gmtModify":1663231857850,"authorId":3570434144752062,"author":{"id":3570434144752062,"authorId":3570434144752062,"name":"Yhlim","avatar":"https://static.tigerbbs.com/9b57fd81ec2f943dd0c5ef901fdd1b67","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":804508493,"type":1,"supId":0,"prevId":0,"content":"Good point","text":"Good point","html":"Good point"}],"langContent":"EN"},{"id":804509457,"gmtCreate":1627961796379,"gmtModify":1703498677927,"author":{"id":"3582597737343890","authorId":"3582597737343890","name":"YeeMeng","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"I am positive in square","listText":"I am positive in square","text":"I am positive in square","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/804509457","repostId":1145722957,"repostType":4,"repost":{"id":"1145722957","pubTimestamp":1627959318,"share":"https://www.laohu8.com/m/news/1145722957?lang=&edition=full","pubTime":"2021-08-03 10:55","market":"us","language":"en","title":"Square Just Bought Afterpay, and Wall Street's Betting This Fintech Stock Could Be Next","url":"https://stock-news.laohu8.com/highlight/detail?id=1145722957","media":"Motley Fool","summary":"The stock market moved higher on Monday to start the new month.","content":"<p><b>Key Points</b></p>\n<ul>\n <li>Markets moved higher on Monday.</li>\n <li>Square made a massive acquisition in the buy-now, pay-later space.</li>\n <li>A competing stock also saw big gains.</li>\n</ul>\n<p></p>\n<p>Investors often seem to start a new month on a positive note, and Monday saw sustained gains for major market benchmarks. Market participants seem to be comfortable that the economy will be able to find ways to overcome any challenges from rising COVID-19 case counts. As of 11:30 a.m. EDT, the&nbsp;<b>Dow Jones Industrial Average</b>&nbsp;(DJINDICES: ^DJI) was up 121 points to 35,057. The&nbsp;<b>S&amp;P 500</b>&nbsp;(SNPINDEX: ^GSPC) gained 18 points to 4,414, and the&nbsp;<b>Nasdaq Composite</b>&nbsp;(NASDAQINDEX: ^IXIC) picked up 93 points to 14,765.</p>\n<p>Over the weekend,<b>Square</b>(NYSE: SQ) surprised investors by releasing earnings early and announcing a huge acquisition. Yet even though the move will ramp up competition pressures on another key player in the buy-now, pay-later&nbsp;fintech space, shares of a key rival to the company that Square bought out also moved higher. Below, we'll look at why Wall Street seems to think this competitor could be the next acquisition target.</p>\n<p><b>Square buys Afterpay</b></p>\n<p>Shares of Square moved higher by 11% on Monday morning. The electronic payments specialist and fintech disruptor made a major strategic move by acquiring Australia's&nbsp;<b>Afterpay</b>(OTC: AFTP.F) in a deal worth $29 billion.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e2f0523d278e42ca08e7b9fb7e9f13de\" tg-width=\"2000\" tg-height=\"1505\" width=\"100%\" height=\"auto\"><span>IMAGE SOURCE: SQUARE.</span></p>\n<p>Under the terms of the deal,Afterpay shareholders will receive 0.375 shares of Square&nbsp;for every Afterpay share they own. Square reserved the right to pay a modest 1% of the total value of the deal in cash rather than shares, presumably allowing for redemptions of fractional shares as necessary.</p>\n<p>The deal has benefits for both parties. For Afterpay, access to Square will dramatically accelerate its efforts to penetrate the U.S. market with its installment payment service. Meanwhile, Square will gain visibility in the increasingly popular buy-now, pay-later space, as younger consumers seem to prefer that method of shopping compared with credit cards and other ways to buy without making full payment up front.</p>\n<p>The all-stock deal allows Square to use its high-flying shares as currency for a smart acquisition. Interestingly, though, a company that's going to be one of Square's main competitors also gained on the day.</p>\n<p><b>Affirming the value of buy-now, pay-later</b></p>\n<p>Shares of&nbsp;<b>Affirm Holdings</b>(Nasdaq: AFRM) were up even more sharply than Square, gaining 14%. The move comes despite the fact that Affirm will face plenty of pressure from a combined Square and Afterpay, but it seems to reflect expectations that another player in the fintech industry will swoop in to offer Affirm a deal that shareholders can't refuse.</p>\n<p>Affirm has made big strides forward, building on an initial relationship with connected fitness specialist&nbsp;<b>Peloton Interactive</b>&nbsp;by forging a partnership with e-commerce enabler&nbsp;<b>Shopify</b>. The move higher for the stock comes after a brief drop on news that&nbsp;<b>Apple</b>&nbsp;would look to offer its own direct installment payment service.</p>\n<p>Square's strategic acquisition raised the obvious question of whether another company will come in to buy Affirm.<b>PayPal Holdings</b>was seen building its own buy-now, pay-later service, but it could seek to accelerate its efforts by buying Affirm. Similarly, card giants lik&nbsp;e<b>Visa</b>&nbsp;or&nbsp;<b>Mastercard</b>&nbsp;have been known to make strategic acquisitions of innovative companies in order to keep pace with transformative efforts in the payments space.</p>\n<p>It's too early to tell exactly what will happen with Affirm. However, Square's purchase of Afterpay ups the stakes in what was already a popular investment area.</p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Square Just Bought Afterpay, and Wall Street's Betting This Fintech Stock Could Be Next</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSquare Just Bought Afterpay, and Wall Street's Betting This Fintech Stock Could Be Next\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 10:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/08/02/square-just-bought-afterpay-and-wall-streets-betti/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Key Points\n\nMarkets moved higher on Monday.\nSquare made a massive acquisition in the buy-now, pay-later space.\nA competing stock also saw big gains.\n\n\nInvestors often seem to start a new month on a ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/02/square-just-bought-afterpay-and-wall-streets-betti/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SQ":"Block"},"source_url":"https://www.fool.com/investing/2021/08/02/square-just-bought-afterpay-and-wall-streets-betti/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145722957","content_text":"Key Points\n\nMarkets moved higher on Monday.\nSquare made a massive acquisition in the buy-now, pay-later space.\nA competing stock also saw big gains.\n\n\nInvestors often seem to start a new month on a positive note, and Monday saw sustained gains for major market benchmarks. Market participants seem to be comfortable that the economy will be able to find ways to overcome any challenges from rising COVID-19 case counts. As of 11:30 a.m. EDT, the Dow Jones Industrial Average (DJINDICES: ^DJI) was up 121 points to 35,057. The S&P 500 (SNPINDEX: ^GSPC) gained 18 points to 4,414, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) picked up 93 points to 14,765.\nOver the weekend,Square(NYSE: SQ) surprised investors by releasing earnings early and announcing a huge acquisition. Yet even though the move will ramp up competition pressures on another key player in the buy-now, pay-later fintech space, shares of a key rival to the company that Square bought out also moved higher. Below, we'll look at why Wall Street seems to think this competitor could be the next acquisition target.\nSquare buys Afterpay\nShares of Square moved higher by 11% on Monday morning. The electronic payments specialist and fintech disruptor made a major strategic move by acquiring Australia's Afterpay(OTC: AFTP.F) in a deal worth $29 billion.\nIMAGE SOURCE: SQUARE.\nUnder the terms of the deal,Afterpay shareholders will receive 0.375 shares of Square for every Afterpay share they own. Square reserved the right to pay a modest 1% of the total value of the deal in cash rather than shares, presumably allowing for redemptions of fractional shares as necessary.\nThe deal has benefits for both parties. For Afterpay, access to Square will dramatically accelerate its efforts to penetrate the U.S. market with its installment payment service. Meanwhile, Square will gain visibility in the increasingly popular buy-now, pay-later space, as younger consumers seem to prefer that method of shopping compared with credit cards and other ways to buy without making full payment up front.\nThe all-stock deal allows Square to use its high-flying shares as currency for a smart acquisition. Interestingly, though, a company that's going to be one of Square's main competitors also gained on the day.\nAffirming the value of buy-now, pay-later\nShares of Affirm Holdings(Nasdaq: AFRM) were up even more sharply than Square, gaining 14%. The move comes despite the fact that Affirm will face plenty of pressure from a combined Square and Afterpay, but it seems to reflect expectations that another player in the fintech industry will swoop in to offer Affirm a deal that shareholders can't refuse.\nAffirm has made big strides forward, building on an initial relationship with connected fitness specialist Peloton Interactive by forging a partnership with e-commerce enabler Shopify. The move higher for the stock comes after a brief drop on news that Apple would look to offer its own direct installment payment service.\nSquare's strategic acquisition raised the obvious question of whether another company will come in to buy Affirm.PayPal Holdingswas seen building its own buy-now, pay-later service, but it could seek to accelerate its efforts by buying Affirm. Similarly, card giants lik eVisa or Mastercard have been known to make strategic acquisitions of innovative companies in order to keep pace with transformative efforts in the payments space.\nIt's too early to tell exactly what will happen with Affirm. However, Square's purchase of Afterpay ups the stakes in what was already a popular investment area.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":804278357,"gmtCreate":1627961112979,"gmtModify":1703498667130,"author":{"id":"3569395672897883","authorId":"3569395672897883","name":"JASLIM","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/804278357","repostId":1145722957,"repostType":4,"repost":{"id":"1145722957","pubTimestamp":1627959318,"share":"https://www.laohu8.com/m/news/1145722957?lang=&edition=full","pubTime":"2021-08-03 10:55","market":"us","language":"en","title":"Square Just Bought Afterpay, and Wall Street's Betting This Fintech Stock Could Be Next","url":"https://stock-news.laohu8.com/highlight/detail?id=1145722957","media":"Motley Fool","summary":"The stock market moved higher on Monday to start the new month.","content":"<p><b>Key Points</b></p>\n<ul>\n <li>Markets moved higher on Monday.</li>\n <li>Square made a massive acquisition in the buy-now, pay-later space.</li>\n <li>A competing stock also saw big gains.</li>\n</ul>\n<p></p>\n<p>Investors often seem to start a new month on a positive note, and Monday saw sustained gains for major market benchmarks. Market participants seem to be comfortable that the economy will be able to find ways to overcome any challenges from rising COVID-19 case counts. As of 11:30 a.m. EDT, the&nbsp;<b>Dow Jones Industrial Average</b>&nbsp;(DJINDICES: ^DJI) was up 121 points to 35,057. The&nbsp;<b>S&amp;P 500</b>&nbsp;(SNPINDEX: ^GSPC) gained 18 points to 4,414, and the&nbsp;<b>Nasdaq Composite</b>&nbsp;(NASDAQINDEX: ^IXIC) picked up 93 points to 14,765.</p>\n<p>Over the weekend,<b>Square</b>(NYSE: SQ) surprised investors by releasing earnings early and announcing a huge acquisition. Yet even though the move will ramp up competition pressures on another key player in the buy-now, pay-later&nbsp;fintech space, shares of a key rival to the company that Square bought out also moved higher. Below, we'll look at why Wall Street seems to think this competitor could be the next acquisition target.</p>\n<p><b>Square buys Afterpay</b></p>\n<p>Shares of Square moved higher by 11% on Monday morning. The electronic payments specialist and fintech disruptor made a major strategic move by acquiring Australia's&nbsp;<b>Afterpay</b>(OTC: AFTP.F) in a deal worth $29 billion.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e2f0523d278e42ca08e7b9fb7e9f13de\" tg-width=\"2000\" tg-height=\"1505\" width=\"100%\" height=\"auto\"><span>IMAGE SOURCE: SQUARE.</span></p>\n<p>Under the terms of the deal,Afterpay shareholders will receive 0.375 shares of Square&nbsp;for every Afterpay share they own. Square reserved the right to pay a modest 1% of the total value of the deal in cash rather than shares, presumably allowing for redemptions of fractional shares as necessary.</p>\n<p>The deal has benefits for both parties. For Afterpay, access to Square will dramatically accelerate its efforts to penetrate the U.S. market with its installment payment service. Meanwhile, Square will gain visibility in the increasingly popular buy-now, pay-later space, as younger consumers seem to prefer that method of shopping compared with credit cards and other ways to buy without making full payment up front.</p>\n<p>The all-stock deal allows Square to use its high-flying shares as currency for a smart acquisition. Interestingly, though, a company that's going to be one of Square's main competitors also gained on the day.</p>\n<p><b>Affirming the value of buy-now, pay-later</b></p>\n<p>Shares of&nbsp;<b>Affirm Holdings</b>(Nasdaq: AFRM) were up even more sharply than Square, gaining 14%. The move comes despite the fact that Affirm will face plenty of pressure from a combined Square and Afterpay, but it seems to reflect expectations that another player in the fintech industry will swoop in to offer Affirm a deal that shareholders can't refuse.</p>\n<p>Affirm has made big strides forward, building on an initial relationship with connected fitness specialist&nbsp;<b>Peloton Interactive</b>&nbsp;by forging a partnership with e-commerce enabler&nbsp;<b>Shopify</b>. The move higher for the stock comes after a brief drop on news that&nbsp;<b>Apple</b>&nbsp;would look to offer its own direct installment payment service.</p>\n<p>Square's strategic acquisition raised the obvious question of whether another company will come in to buy Affirm.<b>PayPal Holdings</b>was seen building its own buy-now, pay-later service, but it could seek to accelerate its efforts by buying Affirm. Similarly, card giants lik&nbsp;e<b>Visa</b>&nbsp;or&nbsp;<b>Mastercard</b>&nbsp;have been known to make strategic acquisitions of innovative companies in order to keep pace with transformative efforts in the payments space.</p>\n<p>It's too early to tell exactly what will happen with Affirm. However, Square's purchase of Afterpay ups the stakes in what was already a popular investment area.</p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Square Just Bought Afterpay, and Wall Street's Betting This Fintech Stock Could Be Next</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSquare Just Bought Afterpay, and Wall Street's Betting This Fintech Stock Could Be Next\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 10:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/08/02/square-just-bought-afterpay-and-wall-streets-betti/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Key Points\n\nMarkets moved higher on Monday.\nSquare made a massive acquisition in the buy-now, pay-later space.\nA competing stock also saw big gains.\n\n\nInvestors often seem to start a new month on a ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/02/square-just-bought-afterpay-and-wall-streets-betti/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SQ":"Block"},"source_url":"https://www.fool.com/investing/2021/08/02/square-just-bought-afterpay-and-wall-streets-betti/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145722957","content_text":"Key Points\n\nMarkets moved higher on Monday.\nSquare made a massive acquisition in the buy-now, pay-later space.\nA competing stock also saw big gains.\n\n\nInvestors often seem to start a new month on a positive note, and Monday saw sustained gains for major market benchmarks. Market participants seem to be comfortable that the economy will be able to find ways to overcome any challenges from rising COVID-19 case counts. As of 11:30 a.m. EDT, the Dow Jones Industrial Average (DJINDICES: ^DJI) was up 121 points to 35,057. The S&P 500 (SNPINDEX: ^GSPC) gained 18 points to 4,414, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) picked up 93 points to 14,765.\nOver the weekend,Square(NYSE: SQ) surprised investors by releasing earnings early and announcing a huge acquisition. Yet even though the move will ramp up competition pressures on another key player in the buy-now, pay-later fintech space, shares of a key rival to the company that Square bought out also moved higher. Below, we'll look at why Wall Street seems to think this competitor could be the next acquisition target.\nSquare buys Afterpay\nShares of Square moved higher by 11% on Monday morning. The electronic payments specialist and fintech disruptor made a major strategic move by acquiring Australia's Afterpay(OTC: AFTP.F) in a deal worth $29 billion.\nIMAGE SOURCE: SQUARE.\nUnder the terms of the deal,Afterpay shareholders will receive 0.375 shares of Square for every Afterpay share they own. Square reserved the right to pay a modest 1% of the total value of the deal in cash rather than shares, presumably allowing for redemptions of fractional shares as necessary.\nThe deal has benefits for both parties. For Afterpay, access to Square will dramatically accelerate its efforts to penetrate the U.S. market with its installment payment service. Meanwhile, Square will gain visibility in the increasingly popular buy-now, pay-later space, as younger consumers seem to prefer that method of shopping compared with credit cards and other ways to buy without making full payment up front.\nThe all-stock deal allows Square to use its high-flying shares as currency for a smart acquisition. Interestingly, though, a company that's going to be one of Square's main competitors also gained on the day.\nAffirming the value of buy-now, pay-later\nShares of Affirm Holdings(Nasdaq: AFRM) were up even more sharply than Square, gaining 14%. The move comes despite the fact that Affirm will face plenty of pressure from a combined Square and Afterpay, but it seems to reflect expectations that another player in the fintech industry will swoop in to offer Affirm a deal that shareholders can't refuse.\nAffirm has made big strides forward, building on an initial relationship with connected fitness specialist Peloton Interactive by forging a partnership with e-commerce enabler Shopify. The move higher for the stock comes after a brief drop on news that Apple would look to offer its own direct installment payment service.\nSquare's strategic acquisition raised the obvious question of whether another company will come in to buy Affirm.PayPal Holdingswas seen building its own buy-now, pay-later service, but it could seek to accelerate its efforts by buying Affirm. Similarly, card giants lik eVisa or Mastercard have been known to make strategic acquisitions of innovative companies in order to keep pace with transformative efforts in the payments space.\nIt's too early to tell exactly what will happen with Affirm. However, Square's purchase of Afterpay ups the stakes in what was already a popular investment area.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5410265,"gmtCreate":1627961124442,"gmtModify":1663231854844,"authorId":3569395672897883,"author":{"id":3569395672897883,"authorId":3569395672897883,"name":"JASLIM","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":804278357,"type":1,"supId":0,"prevId":0,"content":"lol","text":"lol","html":"lol"}],"langContent":"EN"},{"id":804247688,"gmtCreate":1627960741944,"gmtModify":1703498660595,"author":{"id":"3582617881962608","authorId":"3582617881962608","name":"Ahsiang","avatar":"https://static.tigerbbs.com/310f96e7696af85ae33ece774a483d15","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"What’s next?","listText":"What’s next?","text":"What’s next?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/804247688","repostId":1145722957,"repostType":4,"repost":{"id":"1145722957","pubTimestamp":1627959318,"share":"https://www.laohu8.com/m/news/1145722957?lang=&edition=full","pubTime":"2021-08-03 10:55","market":"us","language":"en","title":"Square Just Bought Afterpay, and Wall Street's Betting This Fintech Stock Could Be Next","url":"https://stock-news.laohu8.com/highlight/detail?id=1145722957","media":"Motley Fool","summary":"The stock market moved higher on Monday to start the new month.","content":"<p><b>Key Points</b></p>\n<ul>\n <li>Markets moved higher on Monday.</li>\n <li>Square made a massive acquisition in the buy-now, pay-later space.</li>\n <li>A competing stock also saw big gains.</li>\n</ul>\n<p></p>\n<p>Investors often seem to start a new month on a positive note, and Monday saw sustained gains for major market benchmarks. Market participants seem to be comfortable that the economy will be able to find ways to overcome any challenges from rising COVID-19 case counts. As of 11:30 a.m. EDT, the&nbsp;<b>Dow Jones Industrial Average</b>&nbsp;(DJINDICES: ^DJI) was up 121 points to 35,057. The&nbsp;<b>S&amp;P 500</b>&nbsp;(SNPINDEX: ^GSPC) gained 18 points to 4,414, and the&nbsp;<b>Nasdaq Composite</b>&nbsp;(NASDAQINDEX: ^IXIC) picked up 93 points to 14,765.</p>\n<p>Over the weekend,<b>Square</b>(NYSE: SQ) surprised investors by releasing earnings early and announcing a huge acquisition. Yet even though the move will ramp up competition pressures on another key player in the buy-now, pay-later&nbsp;fintech space, shares of a key rival to the company that Square bought out also moved higher. Below, we'll look at why Wall Street seems to think this competitor could be the next acquisition target.</p>\n<p><b>Square buys Afterpay</b></p>\n<p>Shares of Square moved higher by 11% on Monday morning. The electronic payments specialist and fintech disruptor made a major strategic move by acquiring Australia's&nbsp;<b>Afterpay</b>(OTC: AFTP.F) in a deal worth $29 billion.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e2f0523d278e42ca08e7b9fb7e9f13de\" tg-width=\"2000\" tg-height=\"1505\" width=\"100%\" height=\"auto\"><span>IMAGE SOURCE: SQUARE.</span></p>\n<p>Under the terms of the deal,Afterpay shareholders will receive 0.375 shares of Square&nbsp;for every Afterpay share they own. Square reserved the right to pay a modest 1% of the total value of the deal in cash rather than shares, presumably allowing for redemptions of fractional shares as necessary.</p>\n<p>The deal has benefits for both parties. For Afterpay, access to Square will dramatically accelerate its efforts to penetrate the U.S. market with its installment payment service. Meanwhile, Square will gain visibility in the increasingly popular buy-now, pay-later space, as younger consumers seem to prefer that method of shopping compared with credit cards and other ways to buy without making full payment up front.</p>\n<p>The all-stock deal allows Square to use its high-flying shares as currency for a smart acquisition. Interestingly, though, a company that's going to be one of Square's main competitors also gained on the day.</p>\n<p><b>Affirming the value of buy-now, pay-later</b></p>\n<p>Shares of&nbsp;<b>Affirm Holdings</b>(Nasdaq: AFRM) were up even more sharply than Square, gaining 14%. The move comes despite the fact that Affirm will face plenty of pressure from a combined Square and Afterpay, but it seems to reflect expectations that another player in the fintech industry will swoop in to offer Affirm a deal that shareholders can't refuse.</p>\n<p>Affirm has made big strides forward, building on an initial relationship with connected fitness specialist&nbsp;<b>Peloton Interactive</b>&nbsp;by forging a partnership with e-commerce enabler&nbsp;<b>Shopify</b>. The move higher for the stock comes after a brief drop on news that&nbsp;<b>Apple</b>&nbsp;would look to offer its own direct installment payment service.</p>\n<p>Square's strategic acquisition raised the obvious question of whether another company will come in to buy Affirm.<b>PayPal Holdings</b>was seen building its own buy-now, pay-later service, but it could seek to accelerate its efforts by buying Affirm. Similarly, card giants lik&nbsp;e<b>Visa</b>&nbsp;or&nbsp;<b>Mastercard</b>&nbsp;have been known to make strategic acquisitions of innovative companies in order to keep pace with transformative efforts in the payments space.</p>\n<p>It's too early to tell exactly what will happen with Affirm. However, Square's purchase of Afterpay ups the stakes in what was already a popular investment area.</p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Square Just Bought Afterpay, and Wall Street's Betting This Fintech Stock Could Be Next</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSquare Just Bought Afterpay, and Wall Street's Betting This Fintech Stock Could Be Next\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 10:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/08/02/square-just-bought-afterpay-and-wall-streets-betti/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Key Points\n\nMarkets moved higher on Monday.\nSquare made a massive acquisition in the buy-now, pay-later space.\nA competing stock also saw big gains.\n\n\nInvestors often seem to start a new month on a ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/02/square-just-bought-afterpay-and-wall-streets-betti/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SQ":"Block"},"source_url":"https://www.fool.com/investing/2021/08/02/square-just-bought-afterpay-and-wall-streets-betti/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145722957","content_text":"Key Points\n\nMarkets moved higher on Monday.\nSquare made a massive acquisition in the buy-now, pay-later space.\nA competing stock also saw big gains.\n\n\nInvestors often seem to start a new month on a positive note, and Monday saw sustained gains for major market benchmarks. Market participants seem to be comfortable that the economy will be able to find ways to overcome any challenges from rising COVID-19 case counts. As of 11:30 a.m. EDT, the Dow Jones Industrial Average (DJINDICES: ^DJI) was up 121 points to 35,057. The S&P 500 (SNPINDEX: ^GSPC) gained 18 points to 4,414, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) picked up 93 points to 14,765.\nOver the weekend,Square(NYSE: SQ) surprised investors by releasing earnings early and announcing a huge acquisition. Yet even though the move will ramp up competition pressures on another key player in the buy-now, pay-later fintech space, shares of a key rival to the company that Square bought out also moved higher. Below, we'll look at why Wall Street seems to think this competitor could be the next acquisition target.\nSquare buys Afterpay\nShares of Square moved higher by 11% on Monday morning. The electronic payments specialist and fintech disruptor made a major strategic move by acquiring Australia's Afterpay(OTC: AFTP.F) in a deal worth $29 billion.\nIMAGE SOURCE: SQUARE.\nUnder the terms of the deal,Afterpay shareholders will receive 0.375 shares of Square for every Afterpay share they own. Square reserved the right to pay a modest 1% of the total value of the deal in cash rather than shares, presumably allowing for redemptions of fractional shares as necessary.\nThe deal has benefits for both parties. For Afterpay, access to Square will dramatically accelerate its efforts to penetrate the U.S. market with its installment payment service. Meanwhile, Square will gain visibility in the increasingly popular buy-now, pay-later space, as younger consumers seem to prefer that method of shopping compared with credit cards and other ways to buy without making full payment up front.\nThe all-stock deal allows Square to use its high-flying shares as currency for a smart acquisition. Interestingly, though, a company that's going to be one of Square's main competitors also gained on the day.\nAffirming the value of buy-now, pay-later\nShares of Affirm Holdings(Nasdaq: AFRM) were up even more sharply than Square, gaining 14%. The move comes despite the fact that Affirm will face plenty of pressure from a combined Square and Afterpay, but it seems to reflect expectations that another player in the fintech industry will swoop in to offer Affirm a deal that shareholders can't refuse.\nAffirm has made big strides forward, building on an initial relationship with connected fitness specialist Peloton Interactive by forging a partnership with e-commerce enabler Shopify. The move higher for the stock comes after a brief drop on news that Apple would look to offer its own direct installment payment service.\nSquare's strategic acquisition raised the obvious question of whether another company will come in to buy Affirm.PayPal Holdingswas seen building its own buy-now, pay-later service, but it could seek to accelerate its efforts by buying Affirm. Similarly, card giants lik eVisa or Mastercard have been known to make strategic acquisitions of innovative companies in order to keep pace with transformative efforts in the payments space.\nIt's too early to tell exactly what will happen with Affirm. However, Square's purchase of Afterpay ups the stakes in what was already a popular investment area.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5410401,"gmtCreate":1627962006247,"gmtModify":1663231857851,"authorId":3582597737343890,"author":{"id":3582597737343890,"authorId":3582597737343890,"name":"YeeMeng","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":804247688,"type":1,"supId":0,"prevId":0,"content":"square's share price retraced last 2 days. hopefully this will help to push its price up","text":"square's share price retraced last 2 days. hopefully this will help to push its price up","html":"square's share price retraced last 2 days. hopefully this will help to push its price up"},{"id":5410282,"gmtCreate":1627961227634,"gmtModify":1663231854139,"authorId":3581507104335566,"author":{"id":3581507104335566,"authorId":3581507104335566,"name":"Jl123456","avatar":"https://static.tigerbbs.com/e33617eb88bce300e61abe733e239b98","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":804247688,"type":1,"supId":0,"prevId":0,"content":"dont knw","text":"dont knw","html":"dont knw"},{"id":5410526,"gmtCreate":1627962619253,"gmtModify":1635161370355,"authorId":3555134782523638,"author":{"id":3555134782523638,"authorId":3555134782523638,"name":"PorkChopRice","avatar":"https://static.tigerbbs.com/a98cc137c6872d5c9d28edd7d7e4206a","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":804247688,"type":1,"supId":0,"prevId":0,"content":"everything priced in already, all profits made already  [流泪]","text":"everything priced in already, all profits made already  [流泪]","html":"everything priced in already, all profits made already  [流泪]"}],"langContent":"EN"},{"id":804224656,"gmtCreate":1627959549975,"gmtModify":1703498630037,"author":{"id":"3574854386909318","authorId":"3574854386909318","name":"Freddyd","avatar":"https://static.tigerbbs.com/7967e4125926fdf32d9965f6fe32519d","vip":1,"crmLevel":6,"crmLevelSwitch":0},"htmlText":"Woww","listText":"Woww","text":"Woww","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/804224656","repostId":1145722957,"repostType":4,"repost":{"id":"1145722957","pubTimestamp":1627959318,"share":"https://www.laohu8.com/m/news/1145722957?lang=&edition=full","pubTime":"2021-08-03 10:55","market":"us","language":"en","title":"Square Just Bought Afterpay, and Wall Street's Betting This Fintech Stock Could Be Next","url":"https://stock-news.laohu8.com/highlight/detail?id=1145722957","media":"Motley Fool","summary":"The stock market moved higher on Monday to start the new month.","content":"<p><b>Key Points</b></p>\n<ul>\n <li>Markets moved higher on Monday.</li>\n <li>Square made a massive acquisition in the buy-now, pay-later space.</li>\n <li>A competing stock also saw big gains.</li>\n</ul>\n<p></p>\n<p>Investors often seem to start a new month on a positive note, and Monday saw sustained gains for major market benchmarks. Market participants seem to be comfortable that the economy will be able to find ways to overcome any challenges from rising COVID-19 case counts. As of 11:30 a.m. EDT, the&nbsp;<b>Dow Jones Industrial Average</b>&nbsp;(DJINDICES: ^DJI) was up 121 points to 35,057. The&nbsp;<b>S&amp;P 500</b>&nbsp;(SNPINDEX: ^GSPC) gained 18 points to 4,414, and the&nbsp;<b>Nasdaq Composite</b>&nbsp;(NASDAQINDEX: ^IXIC) picked up 93 points to 14,765.</p>\n<p>Over the weekend,<b>Square</b>(NYSE: SQ) surprised investors by releasing earnings early and announcing a huge acquisition. Yet even though the move will ramp up competition pressures on another key player in the buy-now, pay-later&nbsp;fintech space, shares of a key rival to the company that Square bought out also moved higher. Below, we'll look at why Wall Street seems to think this competitor could be the next acquisition target.</p>\n<p><b>Square buys Afterpay</b></p>\n<p>Shares of Square moved higher by 11% on Monday morning. The electronic payments specialist and fintech disruptor made a major strategic move by acquiring Australia's&nbsp;<b>Afterpay</b>(OTC: AFTP.F) in a deal worth $29 billion.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e2f0523d278e42ca08e7b9fb7e9f13de\" tg-width=\"2000\" tg-height=\"1505\" width=\"100%\" height=\"auto\"><span>IMAGE SOURCE: SQUARE.</span></p>\n<p>Under the terms of the deal,Afterpay shareholders will receive 0.375 shares of Square&nbsp;for every Afterpay share they own. Square reserved the right to pay a modest 1% of the total value of the deal in cash rather than shares, presumably allowing for redemptions of fractional shares as necessary.</p>\n<p>The deal has benefits for both parties. For Afterpay, access to Square will dramatically accelerate its efforts to penetrate the U.S. market with its installment payment service. Meanwhile, Square will gain visibility in the increasingly popular buy-now, pay-later space, as younger consumers seem to prefer that method of shopping compared with credit cards and other ways to buy without making full payment up front.</p>\n<p>The all-stock deal allows Square to use its high-flying shares as currency for a smart acquisition. Interestingly, though, a company that's going to be one of Square's main competitors also gained on the day.</p>\n<p><b>Affirming the value of buy-now, pay-later</b></p>\n<p>Shares of&nbsp;<b>Affirm Holdings</b>(Nasdaq: AFRM) were up even more sharply than Square, gaining 14%. The move comes despite the fact that Affirm will face plenty of pressure from a combined Square and Afterpay, but it seems to reflect expectations that another player in the fintech industry will swoop in to offer Affirm a deal that shareholders can't refuse.</p>\n<p>Affirm has made big strides forward, building on an initial relationship with connected fitness specialist&nbsp;<b>Peloton Interactive</b>&nbsp;by forging a partnership with e-commerce enabler&nbsp;<b>Shopify</b>. The move higher for the stock comes after a brief drop on news that&nbsp;<b>Apple</b>&nbsp;would look to offer its own direct installment payment service.</p>\n<p>Square's strategic acquisition raised the obvious question of whether another company will come in to buy Affirm.<b>PayPal Holdings</b>was seen building its own buy-now, pay-later service, but it could seek to accelerate its efforts by buying Affirm. Similarly, card giants lik&nbsp;e<b>Visa</b>&nbsp;or&nbsp;<b>Mastercard</b>&nbsp;have been known to make strategic acquisitions of innovative companies in order to keep pace with transformative efforts in the payments space.</p>\n<p>It's too early to tell exactly what will happen with Affirm. However, Square's purchase of Afterpay ups the stakes in what was already a popular investment area.</p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Square Just Bought Afterpay, and Wall Street's Betting This Fintech Stock Could Be Next</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSquare Just Bought Afterpay, and Wall Street's Betting This Fintech Stock Could Be Next\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 10:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/08/02/square-just-bought-afterpay-and-wall-streets-betti/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Key Points\n\nMarkets moved higher on Monday.\nSquare made a massive acquisition in the buy-now, pay-later space.\nA competing stock also saw big gains.\n\n\nInvestors often seem to start a new month on a ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/02/square-just-bought-afterpay-and-wall-streets-betti/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SQ":"Block"},"source_url":"https://www.fool.com/investing/2021/08/02/square-just-bought-afterpay-and-wall-streets-betti/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145722957","content_text":"Key Points\n\nMarkets moved higher on Monday.\nSquare made a massive acquisition in the buy-now, pay-later space.\nA competing stock also saw big gains.\n\n\nInvestors often seem to start a new month on a positive note, and Monday saw sustained gains for major market benchmarks. Market participants seem to be comfortable that the economy will be able to find ways to overcome any challenges from rising COVID-19 case counts. As of 11:30 a.m. EDT, the Dow Jones Industrial Average (DJINDICES: ^DJI) was up 121 points to 35,057. The S&P 500 (SNPINDEX: ^GSPC) gained 18 points to 4,414, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) picked up 93 points to 14,765.\nOver the weekend,Square(NYSE: SQ) surprised investors by releasing earnings early and announcing a huge acquisition. Yet even though the move will ramp up competition pressures on another key player in the buy-now, pay-later fintech space, shares of a key rival to the company that Square bought out also moved higher. Below, we'll look at why Wall Street seems to think this competitor could be the next acquisition target.\nSquare buys Afterpay\nShares of Square moved higher by 11% on Monday morning. The electronic payments specialist and fintech disruptor made a major strategic move by acquiring Australia's Afterpay(OTC: AFTP.F) in a deal worth $29 billion.\nIMAGE SOURCE: SQUARE.\nUnder the terms of the deal,Afterpay shareholders will receive 0.375 shares of Square for every Afterpay share they own. Square reserved the right to pay a modest 1% of the total value of the deal in cash rather than shares, presumably allowing for redemptions of fractional shares as necessary.\nThe deal has benefits for both parties. For Afterpay, access to Square will dramatically accelerate its efforts to penetrate the U.S. market with its installment payment service. Meanwhile, Square will gain visibility in the increasingly popular buy-now, pay-later space, as younger consumers seem to prefer that method of shopping compared with credit cards and other ways to buy without making full payment up front.\nThe all-stock deal allows Square to use its high-flying shares as currency for a smart acquisition. Interestingly, though, a company that's going to be one of Square's main competitors also gained on the day.\nAffirming the value of buy-now, pay-later\nShares of Affirm Holdings(Nasdaq: AFRM) were up even more sharply than Square, gaining 14%. The move comes despite the fact that Affirm will face plenty of pressure from a combined Square and Afterpay, but it seems to reflect expectations that another player in the fintech industry will swoop in to offer Affirm a deal that shareholders can't refuse.\nAffirm has made big strides forward, building on an initial relationship with connected fitness specialist Peloton Interactive by forging a partnership with e-commerce enabler Shopify. The move higher for the stock comes after a brief drop on news that Apple would look to offer its own direct installment payment service.\nSquare's strategic acquisition raised the obvious question of whether another company will come in to buy Affirm.PayPal Holdingswas seen building its own buy-now, pay-later service, but it could seek to accelerate its efforts by buying Affirm. Similarly, card giants lik eVisa or Mastercard have been known to make strategic acquisitions of innovative companies in order to keep pace with transformative efforts in the payments space.\nIt's too early to tell exactly what will happen with Affirm. However, Square's purchase of Afterpay ups the stakes in what was already a popular investment area.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5410177,"gmtCreate":1627960472379,"gmtModify":1663231854046,"authorId":4088394474156640,"author":{"id":4088394474156640,"authorId":4088394474156640,"name":"JessHang","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":804224656,"type":1,"supId":0,"prevId":0,"content":"??","text":"??","html":"??"}],"langContent":"EN"},{"id":804226466,"gmtCreate":1627959412855,"gmtModify":1703498626789,"author":{"id":"3577525278195004","authorId":"3577525278195004","name":"DLiew","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/804226466","repostId":1145722957,"repostType":4,"repost":{"id":"1145722957","pubTimestamp":1627959318,"share":"https://www.laohu8.com/m/news/1145722957?lang=&edition=full","pubTime":"2021-08-03 10:55","market":"us","language":"en","title":"Square Just Bought Afterpay, and Wall Street's Betting This Fintech Stock Could Be Next","url":"https://stock-news.laohu8.com/highlight/detail?id=1145722957","media":"Motley Fool","summary":"The stock market moved higher on Monday to start the new month.","content":"<p><b>Key Points</b></p>\n<ul>\n <li>Markets moved higher on Monday.</li>\n <li>Square made a massive acquisition in the buy-now, pay-later space.</li>\n <li>A competing stock also saw big gains.</li>\n</ul>\n<p></p>\n<p>Investors often seem to start a new month on a positive note, and Monday saw sustained gains for major market benchmarks. Market participants seem to be comfortable that the economy will be able to find ways to overcome any challenges from rising COVID-19 case counts. As of 11:30 a.m. EDT, the&nbsp;<b>Dow Jones Industrial Average</b>&nbsp;(DJINDICES: ^DJI) was up 121 points to 35,057. The&nbsp;<b>S&amp;P 500</b>&nbsp;(SNPINDEX: ^GSPC) gained 18 points to 4,414, and the&nbsp;<b>Nasdaq Composite</b>&nbsp;(NASDAQINDEX: ^IXIC) picked up 93 points to 14,765.</p>\n<p>Over the weekend,<b>Square</b>(NYSE: SQ) surprised investors by releasing earnings early and announcing a huge acquisition. Yet even though the move will ramp up competition pressures on another key player in the buy-now, pay-later&nbsp;fintech space, shares of a key rival to the company that Square bought out also moved higher. Below, we'll look at why Wall Street seems to think this competitor could be the next acquisition target.</p>\n<p><b>Square buys Afterpay</b></p>\n<p>Shares of Square moved higher by 11% on Monday morning. The electronic payments specialist and fintech disruptor made a major strategic move by acquiring Australia's&nbsp;<b>Afterpay</b>(OTC: AFTP.F) in a deal worth $29 billion.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e2f0523d278e42ca08e7b9fb7e9f13de\" tg-width=\"2000\" tg-height=\"1505\" width=\"100%\" height=\"auto\"><span>IMAGE SOURCE: SQUARE.</span></p>\n<p>Under the terms of the deal,Afterpay shareholders will receive 0.375 shares of Square&nbsp;for every Afterpay share they own. Square reserved the right to pay a modest 1% of the total value of the deal in cash rather than shares, presumably allowing for redemptions of fractional shares as necessary.</p>\n<p>The deal has benefits for both parties. For Afterpay, access to Square will dramatically accelerate its efforts to penetrate the U.S. market with its installment payment service. Meanwhile, Square will gain visibility in the increasingly popular buy-now, pay-later space, as younger consumers seem to prefer that method of shopping compared with credit cards and other ways to buy without making full payment up front.</p>\n<p>The all-stock deal allows Square to use its high-flying shares as currency for a smart acquisition. Interestingly, though, a company that's going to be one of Square's main competitors also gained on the day.</p>\n<p><b>Affirming the value of buy-now, pay-later</b></p>\n<p>Shares of&nbsp;<b>Affirm Holdings</b>(Nasdaq: AFRM) were up even more sharply than Square, gaining 14%. The move comes despite the fact that Affirm will face plenty of pressure from a combined Square and Afterpay, but it seems to reflect expectations that another player in the fintech industry will swoop in to offer Affirm a deal that shareholders can't refuse.</p>\n<p>Affirm has made big strides forward, building on an initial relationship with connected fitness specialist&nbsp;<b>Peloton Interactive</b>&nbsp;by forging a partnership with e-commerce enabler&nbsp;<b>Shopify</b>. The move higher for the stock comes after a brief drop on news that&nbsp;<b>Apple</b>&nbsp;would look to offer its own direct installment payment service.</p>\n<p>Square's strategic acquisition raised the obvious question of whether another company will come in to buy Affirm.<b>PayPal Holdings</b>was seen building its own buy-now, pay-later service, but it could seek to accelerate its efforts by buying Affirm. Similarly, card giants lik&nbsp;e<b>Visa</b>&nbsp;or&nbsp;<b>Mastercard</b>&nbsp;have been known to make strategic acquisitions of innovative companies in order to keep pace with transformative efforts in the payments space.</p>\n<p>It's too early to tell exactly what will happen with Affirm. However, Square's purchase of Afterpay ups the stakes in what was already a popular investment area.</p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Square Just Bought Afterpay, and Wall Street's Betting This Fintech Stock Could Be Next</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSquare Just Bought Afterpay, and Wall Street's Betting This Fintech Stock Could Be Next\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-03 10:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/08/02/square-just-bought-afterpay-and-wall-streets-betti/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Key Points\n\nMarkets moved higher on Monday.\nSquare made a massive acquisition in the buy-now, pay-later space.\nA competing stock also saw big gains.\n\n\nInvestors often seem to start a new month on a ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/02/square-just-bought-afterpay-and-wall-streets-betti/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SQ":"Block"},"source_url":"https://www.fool.com/investing/2021/08/02/square-just-bought-afterpay-and-wall-streets-betti/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145722957","content_text":"Key Points\n\nMarkets moved higher on Monday.\nSquare made a massive acquisition in the buy-now, pay-later space.\nA competing stock also saw big gains.\n\n\nInvestors often seem to start a new month on a positive note, and Monday saw sustained gains for major market benchmarks. Market participants seem to be comfortable that the economy will be able to find ways to overcome any challenges from rising COVID-19 case counts. As of 11:30 a.m. EDT, the Dow Jones Industrial Average (DJINDICES: ^DJI) was up 121 points to 35,057. The S&P 500 (SNPINDEX: ^GSPC) gained 18 points to 4,414, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) picked up 93 points to 14,765.\nOver the weekend,Square(NYSE: SQ) surprised investors by releasing earnings early and announcing a huge acquisition. Yet even though the move will ramp up competition pressures on another key player in the buy-now, pay-later fintech space, shares of a key rival to the company that Square bought out also moved higher. Below, we'll look at why Wall Street seems to think this competitor could be the next acquisition target.\nSquare buys Afterpay\nShares of Square moved higher by 11% on Monday morning. The electronic payments specialist and fintech disruptor made a major strategic move by acquiring Australia's Afterpay(OTC: AFTP.F) in a deal worth $29 billion.\nIMAGE SOURCE: SQUARE.\nUnder the terms of the deal,Afterpay shareholders will receive 0.375 shares of Square for every Afterpay share they own. Square reserved the right to pay a modest 1% of the total value of the deal in cash rather than shares, presumably allowing for redemptions of fractional shares as necessary.\nThe deal has benefits for both parties. For Afterpay, access to Square will dramatically accelerate its efforts to penetrate the U.S. market with its installment payment service. Meanwhile, Square will gain visibility in the increasingly popular buy-now, pay-later space, as younger consumers seem to prefer that method of shopping compared with credit cards and other ways to buy without making full payment up front.\nThe all-stock deal allows Square to use its high-flying shares as currency for a smart acquisition. Interestingly, though, a company that's going to be one of Square's main competitors also gained on the day.\nAffirming the value of buy-now, pay-later\nShares of Affirm Holdings(Nasdaq: AFRM) were up even more sharply than Square, gaining 14%. The move comes despite the fact that Affirm will face plenty of pressure from a combined Square and Afterpay, but it seems to reflect expectations that another player in the fintech industry will swoop in to offer Affirm a deal that shareholders can't refuse.\nAffirm has made big strides forward, building on an initial relationship with connected fitness specialist Peloton Interactive by forging a partnership with e-commerce enabler Shopify. The move higher for the stock comes after a brief drop on news that Apple would look to offer its own direct installment payment service.\nSquare's strategic acquisition raised the obvious question of whether another company will come in to buy Affirm.PayPal Holdingswas seen building its own buy-now, pay-later service, but it could seek to accelerate its efforts by buying Affirm. Similarly, card giants lik eVisa or Mastercard have been known to make strategic acquisitions of innovative companies in order to keep pace with transformative efforts in the payments space.\nIt's too early to tell exactly what will happen with Affirm. However, Square's purchase of Afterpay ups the stakes in what was already a popular investment area.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5410536,"gmtCreate":1627962659634,"gmtModify":1663231854047,"authorId":4089965809758060,"author":{"id":4089965809758060,"authorId":4089965809758060,"name":"Ballballboin","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":804226466,"type":1,"supId":0,"prevId":0,"content":"??","text":"??","html":"??"},{"id":5410204,"gmtCreate":1627960646198,"gmtModify":1635161394542,"authorId":4089383496572850,"author":{"id":4089383496572850,"authorId":4089383496572850,"name":"WanEH","avatar":"https://static.tigerbbs.com/3f13510c4daf7c6eff3a61591fdca817","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":804226466,"type":1,"supId":0,"prevId":0,"content":"good","text":"good","html":"good"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":94,"commentSize":8,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}