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Key Takeaways Block said because of the dynamic economic environment, it was taking a 'more cautious stance' in its ...
Share prices of Block plunged after growth from its Cash App business showed signs of stalling. The stock is cheap, and the ...
Shares of Block Inc. sank the most in more than five years after the digital-payments company led by Jack Dorsey posted first ...
"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 ...
Analysts flagged fresh concerns around stagnant Cash App user growth, muted consumer demand and a soft macro environment that may weigh on monetization.
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 ...
Shares of Block ( XYZ -20.40%) are falling on Friday. The stock dropped 20.7% as of 12:55 p.m. ET and was down as much as ...
The parent company of Cash App and Square noticed changes to consumer spending as a result of the macro environment.
Block Inc. remains bullish that its Cash App financial-services platform will remain a growth driver this year, despite its ...
Block cut its profit forecast for 2025 and missed estimates for quarterly earnings on Thursday as the payments firm grapples ...
Block, Inc. (NYSE: XYZ), the fintech behind Square, Cash App, and Afterpay, released its first-quarter 2025 financial results ...