State attorneys general said they found that Block misled users by falsely advertising that Cash App provided bank-like ...
Forty-seven states reached a $45 million settlement with Block, the company behind Cash App, over how it handled fraud and the company's misleading communication with users. The states alleged Block ...
Block's core businesses reside in two distinct ecosystems: Square and Cash App. Square is a hardware and software ecosystem that allows merchants to operate almost every aspect of their business, from ...
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Block's stock surged 19% after strong Q4 results and raised guidance, despite cutting 4,000 jobs (40% of its workforce). The company attributes these layoffs to AI tools, aiming for a leaner, ...
Block Inc. gained 9% in pre-market trading following its S&P 500 inclusion announcement. While the fintech company presents a mixed investment profile with strong balance sheet metrics offset by ...
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 stock has suffered in a 'dismal' fintech market. But these new forecasts are drawing cheers.
The parent company of Square and Cash App offered an upbeat long-term earnings outlook at its first investor day since 2022 Block operates the Square business, which sells payment technology to ...
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 ...
Block's chart below illustrates this. Revenue is way up, but the price-to-sales (P/S) ratio is way down. As of this writing, Block stock has dropped to a P/S ratio of just 1.5, which is objectively ...
Cash App is the company's largest source of revenue Nathan Reiff has been writing expert articles and news about financial topics such as investing and trading, cryptocurrency, ETFs, and alternative ...
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