Block's stock fell after weak third-quarter earnings fell short of Wall Street expectations. The firm showed slowing gross profit growth for Square, despite higher gross profit volume. Block shares ...
Block (NYSE:XYZ) stock tumbled 16% in Thursday after-hours trading after its Q1 earnings fell short of expectations on softer-than expected Cash App Card spend. As a result, it adopted more cautious ...
Block shares were on track for their second-worst day, plunging more than 20% after a brutal quarterly report and a wave of analyst downgrades. Analysts flagged fresh concerns around stagnant Cash App ...
After several years of growing expenses and declining profits, Block is working to streamline its business. According to CEO Jack Dorsey, Block is restructuring its business "to provide consumer ...
Block, Jack Dorsey's company behind fintechs Square and Cash App, debuted an AI agent Tuesday. The AI helps with coding, is used by about 1,000 engineers internally, and took nine months to build. Two ...
From March 15, 2018, through March 11, 2025, shares of financial technology (fintech) stock Block (XYZ 2.86%) were up less than 1%. Granted, the stock was up more than 400% at one point during this ...
Block's Q2 2024 performance exceeded expectations, with gross profit growing 20% YoY to $2.23 billion and adjusted EBITDA up 81% YoY to $759 million. Strong growth in Cash App and Square segments, ...
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