Square is poised to report first-quarter earnings results after market close on Thursday, with the payments company's results likely boosted by ongoing growth in Cash App and its cryptocurrency offerings.
PayPal's (PYPL) first-quarter results benefit from Venmo and merchant services strength.
The stock market has been getting choppier in recent days, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) once again found itself lagging behind other major market benchmarks on Thursday morning. Worries about the sustainability of the huge rally in growth stocks over the past year seemed to weigh on the Nasdaq in particular, which was down about 0.6% as of 10 a.m. EDT. Earnings results kept coming fast and furious, and even solid reports were met with some skepticism.