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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 ...
Block, formerly Square, CEO Jack Dorsey has stated that the company is on track to launch its Bitcoin mining chip in 2025.
The following op/ed comes from David Israelite, the President and CEO of the National Music Publishers’ Association ...
Shares of Block Inc. are on a downward spiral after the parent of the popular money-transfer app Cash App reported results ...
At least eight brokerages reduced their price targets on the stock, citing softness at the company's peer-to-peer Cash App ...
The parent company of Cash App and Square noticed changes to consumer spending as a result of the macro environment.
Square faces the same risks as many others in the payments space due to its reliance on consumer spending. But international ...
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 ...
Earnings from PayPal and Block revealed diverging paths in peer-to-peer payments, with Venmo accelerating and Cash App losing ...
Shares of Block plunged nearly 25% Friday, a day after the payments technology provider posted worse-than-expected results ...
After market close on Thursday, Jack Dorsey-led Block lowered its forecast for 2025 gross profit growth to 12% from 15%, ...
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