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Key Takeaways Block said because of the dynamic economic environment, it was taking a 'more cautious stance' in its ...
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 ...
Block Inc. remains bullish that its Cash App financial-services platform will remain a growth driver this year, despite its ...
Q1 2025 Management View Jack Dorsey emphasized progress driven by product velocity and market efforts, highlighting Square's ...
Analysts flagged fresh concerns around stagnant Cash App user growth, muted consumer demand and a soft macro environment that ...
Block Inc. is lowering its gross-profit outlook for the year after it failed to see the usual first-quarter strength in its ...
The parent company of Cash App and Square noticed changes to consumer spending as a result of the macro environment.
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Shares in Block (ASX:XYZ) closed 26.74% lower at A$67.50 on Friday, while the company’s US-listed stock (NYSE:XYZ) was down ...
Block, Inc. (NYSE: XYZ), the fintech behind Square, Cash App, and Afterpay, released its first-quarter 2025 financial results ...
At least eight brokerages reduced their price targets on the stock, citing softness at the company's peer-to-peer Cash App ...
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