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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 ...
Block, formerly Square, CEO Jack Dorsey has stated that the company is on track to launch its Bitcoin mining chip in 2025.
The largest hit came from a decline in discretionary spending in categories including media and travel, Chief Financial ...
Block's shares fell 22% on Friday and were on track for the biggest intraday decline in five years after a 2025 profit ...
Afterpay operator Block saw as much $1.7bn wiped off its value at market open on Friday, after the Square and Cash App owner ...
Analysts flagged fresh concerns around stagnant Cash App user growth, muted consumer demand and a soft macro environment that ...
and CEO Jack Dorsey explained that Cash App didn't perform as anticipated as the company "saw changes to consumer spending as ...
Block reported first-quarter results that missed Wall Street expectations on Thursday and issued a disappointing outlook. The ...
Quarterly updates from the business bank and payments player met a savage market reaction, with loan and sales 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 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%.
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