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Key Takeaways Block said because of the dynamic economic environment, it was taking a 'more cautious stance' in its ...
Analysts flagged fresh concerns around stagnant Cash App user growth, muted consumer demand and a soft macro environment that ...
Block shares are down on Friday after downbeat Q1 results, missed estimates on Cash App's profits and GPV, but expects growth ...
"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 ...
Shares of Block Inc. are on a downward spiral after the parent of the popular money-transfer app Cash App reported results ...
Block Inc. remains bullish that its Cash App financial-services platform will remain a growth driver this year, despite 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 ...
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 ...
The parent company of Cash App and Square noticed changes to consumer spending as a result of the macro environment.
At least eight brokerages reduced their price targets on the stock, citing softness at the company's peer-to-peer Cash App ...
After market close on Thursday, Jack Dorsey-led Block lowered its forecast for 2025 gross profit growth to 12% from 15%, ...
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