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 shares fell sharply Friday after the fintech and Bitcoin holder reported quarterly earnings well below Wall Street ...

"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 ( 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 ...

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 may weigh on monetization.

The parent company of Cash App and Square noticed changes to consumer spending as a result of the macro environment.

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 XYZ reported first-quarter 2025 adjusted earnings of 56 cents per share, which missed the Zacks Consensus Estimate by ...

Block cut its profit forecast for 2025 and missed estimates for quarterly earnings on Thursday as the payments firm grapples ...