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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 ...
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 ...
Investing.com -- Jack Dorsey’s Block Inc (NYSE: XYZ) shares plunged 16% in after-hours trading Thursday after the financial technology company reported first-quarter results that fell short of ...
Block's shares fell 22% on Friday and were on track for the biggest intraday decline in five years after a 2025 profit ...
At least eight brokerages reduced their price targets on the stock, citing softness at the company's peer-to-peer Cash App ...
Block is developing a full stack Bitcoin mining platform, enhancing product velocity with open-source AI. Click here to read ...
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%.
Shares of Block Inc. sank the most in more than five years after the digital-payments company led by Jack Dorsey posted first ...
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