News

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 ...
Block Inc. (XYZ) stock fell 18.4% in extended trading on Thursday after the financial technology firm lowered its 2025 profit ...
The following op/ed comes from David Israelite, the President and CEO of the National Music Publishers’ Association ...
The parent company of Cash App and Square noticed changes to consumer spending as a result of the macro environment.
At least eight brokerages reduced their price targets on the stock, citing softness at the company's peer-to-peer Cash App ...
Earnings from PayPal and Block revealed diverging paths in peer-to-peer payments, with Venmo accelerating and Cash App losing ...
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 ...
The largest hit came from a decline in discretionary spending in categories including media and travel, Chief Financial ...
"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 ...
After market close on Thursday, Jack Dorsey-led Block lowered its forecast for 2025 gross profit growth to 12% from 15%, ...