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 ...
Shares of Block tumbled 11% in after hours trading on Thursday following the company's third quarter earnings report that missed analysts expectations for revenue and net income. Processing Content ...
Block's Q4 results missed expectations, despite double-digit growth in Cash App and Square, especially in the Cash App segment. Block's robust earnings report highlights impressive gross profit growth ...
Block’s share price has tanked after it reached a peak roughly four years ago. Square and Cash App are two key segments for Block that cater to different customer groups. The business is more focused ...
Quarterly results from Block, Affirm and PayPal show that the major U.S. fintechs are converging as they all try to become the go-to digital bank. Block's stock price plummeted after earnings, but CEO ...
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