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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 ...
Block stock fell 22% to $45.90 in premarket trading Friday. “We recognize we are operating in a more dynamic macro ...
Block shares are down on Friday after downbeat Q1 results, missed estimates on Cash App's profits and GPV, but expects growth ...
Block Inc. remains bullish that its Cash App financial-services platform will remain a growth driver this year, despite its ...
Block Inc. is lowering its gross-profit outlook for the year after it failed to see the usual first-quarter strength in its ...
Block, Inc. (NYSE: XYZ), the fintech behind Square, Cash App, and Afterpay, released its first-quarter 2025 financial results ...
Square faces the same risks as many others in the payments space due to its reliance on consumer spending. But international ...
Analysts flagged fresh concerns around stagnant Cash App user growth, muted consumer demand and a soft macro environment that ...
"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 ...
Block's shares fell 22% on Friday and were on track for the biggest intraday decline in five years after a 2025 profit ...
Consumers spent less money on Cash App last quarter than Block had expected, causing a disappointing earnings report for the payments and commerce company. "Our growth in the first half of this year ...