For the second time in five weeks, a major tech company is changing their name. Ceo jack darcy announced that square is changing its corporate name to block on Monday. Square represents its different businesses as building blocks, or at least that's what they say they do now. The new name will distinguish the corporate entity from its businesses.
The unemployment rate falls but job growth disappoints. Salesforce reports better-than-expected profits and promotes Bret Taylor to co-CEO. Square changes its name to Block. Jack Dorsey steps down as CEO of Twitter. And Docusign plummets on weak guidance. Motley Fool analysts Maria Gallagher and Ron Gross discuss those stories and weigh in on the latest from Ulta Beauty, Okta, Allbirds, and Chipotle. Our analysts share two stocks on their radar: DoorDash and NextEra Energy. Plus, toy industry analyst Jackie Breyer talks holiday toys, supply chain, and bumper cars for toddlers!
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