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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 ...
The following op/ed comes from David Israelite, the President and CEO of the National Music Publishers’ Association ...
The largest hit came from a decline in discretionary spending in categories including media and travel, Chief Financial ...
Afterpay operator Block saw as much $1.7bn wiped off its value at market open on Friday, after the Square and Cash App owner ...
Block, formerly Square, CEO Jack Dorsey has stated that the company is on track to launch its Bitcoin mining chip in 2025.
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%.
Earnings from PayPal and Block revealed diverging paths in peer-to-peer payments, with Venmo accelerating and Cash App losing ...
Investing.com -- Fitch Ratings has upgraded the Long-Term Issuer Default Rating (IDR) for Block, Inc. from ’BB+’ to ’BBB-’ on May 2, 2025. The rating agency also raised the company’s senior unsecured ...
Block's shares fell 22% on Friday and were on track for the biggest intraday decline in five years after a 2025 profit ...