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Block’s stock fell by 20% after its first quarter earnings call and is 25% below where it was five years ago. Now CEO Jack ...
Shares of Block Inc. are on a downward spiral after the parent of the popular money-transfer app Cash App reported results ...
"Block's 1Q25 results missed expectations due to weaker Cash App gross profit, despite typically strong seasonality from tax refunds," analysts from Oppenheimer wrote in a report. Block on Thursday ...
Block's shares fell 22% on Friday and were on track for the biggest intraday decline in five years after a 2025 profit ...
Analysts flagged fresh concerns around stagnant Cash App user growth, muted consumer demand and a soft macro environment that ...
Unexpected changes in spending patterns on the P2P app caused the company to miss internal and analyst targets, resulting in ...
Block projects 2025 gross profit growth of 12%, reaching $9.96 billion, with low double-digit growth in Q3 and mid-teens growth in Q4. Q2 gross profit growth is expected at 9.5%.
Block is developing a full stack Bitcoin mining platform, enhancing product velocity with open-source AI. Click here to read ...
Block cut its profit forecast for 2025 and missed estimates for quarterly earnings on Thursday as the payments firm grapples ...
Sources tell Just the News that FBI agent Elvis Chan has been removed from his key post involved in cyber efforts and ...
Earnings from PayPal and Block revealed diverging paths in peer-to-peer payments, with Venmo accelerating and Cash App losing ...
The following op/ed comes from David Israelite, the President and CEO of the National Music Publishers’ Association ...
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