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Key Takeaways Block said because of the dynamic economic environment, it was taking a 'more cautious stance' in its ...
Block stock fell 22% to $45.90 in premarket trading Friday. “We recognize we are operating in a more dynamic macro ...
Block Inc. remains bullish that its Cash App financial-services platform will remain a growth driver this year, despite its ...
Block shares are down on Friday after downbeat Q1 results, missed estimates on Cash App's profits and GPV, but expects growth ...
Analysts flagged fresh concerns around stagnant Cash App user growth, muted consumer demand and a soft macro environment that ...
Share prices of Block plunged after growth from its Cash App business showed signs of stalling. The stock is cheap, and the ...
Square faces the same risks as many others in the payments space due to its reliance on consumer spending. But international ...
Block Inc. is lowering its gross-profit outlook for the year after it failed to see the usual first-quarter strength in its ...
"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 ...
Earnings from PayPal and Block revealed diverging paths in peer-to-peer payments, with Venmo accelerating and Cash App losing ...
After market close on Thursday, Jack Dorsey-led Block lowered its forecast for 2025 gross profit growth to 12% from 15%, ...
Shares in Block (ASX:XYZ) closed 26.74% lower at A$67.50 on Friday, while the company’s US-listed stock (NYSE:XYZ) was down ...
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