Mnuchin told CNBC that he's confident President Donald Trump and President Xi Jinping can make progress in stalled trade talks.World Economyread more
U.S. stock index futures jumped Wednesday morning after Treasury Secretary Steven Mnuchin told CNBC that the U.S. and China were almost there on a trade deal.US Marketsread more
President Donald Trump's administration hopes additional sanctions on Iran will force the country to negotiate.Politicsread more
Democrats want Mueller's testimony on his probe into Russian interference in the 2016 election and Trump's efforts to influence it.Politicsread more
Stocks should rally if the U.S. and China agree to new negotiations and a ceasefire in the trade war, but the economic impact of tariffs will continue.Market Insiderread more
Bitcoin surged as high as $12,919 in early morning trade Wednesday, to its highest level since January 2018.Technologyread more
The trade war between Beijing and Washington appears to have depressed Chinese property purchases in the United States. China's own actions may also be playing a role.Real Estateread more
Tesla CEO Elon Musk sent out another email to his employees, pushing them to aim for a record number of vehicle deliveries to end the second quarter of 2019.Technologyread more
More than 300 companies are talking to government officials in Washington about how detrimental the trade war is.Marketsread more
The Senate is expected to pass its own version of the border aid legislation, while the Trump administration has threatened to veto both bills.Politicsread more
Some 4 million people have fled the South American country since 2015 amid an economic meltdown.World Politicsread more
The stock briefly lost 3.8 percent to $45.76 a share before recovering much of its losses and closing 0.48 percent lower.
Square is a "collection of yawn businesses," Citron said in a tweet Monday afternoon. "WallSt. drunk on Bitcoin nonsense. SQ-Cash to BTC trading has been insignificant. Even w/ hyper growth still 40% too rich."
Citron also set a short-term price target of $30 on the stock, or 36.9 percent below Friday's close.
Shares are little changed since Square, run by Twitter co-founder Jack Dorsey, launched bitcoin trading in late January for most users of its Cash mobile payments app.
Bitcoin surged in popularity over the last year, hitting a record high above $19,000 in December. It traded near $9,300 Monday, still up 570 percent over the last 12 months.
"I think the bitcoin impact will be material long term," Nomura Instinet research analyst Dan Dolev said in a phone interview Monday.
He raised his price target on Square to $65 on April 18, based on the view that launching bitcoin trading could add up to 10 percent to adjusted earnings before interest, taxes, depreciation and amortization.
Square is up 34 percent for the year so far. The company did not immediately respond to a CNBC request for comment.