Block shares fell sharply Friday after the fintech and Bitcoin holder reported quarterly earnings well below Wall Street expectations and cut guidance on macroeconomic pressures. Block, which is run ...
While firms like Tesla are already in the S&P 500, VanEck’s Matthew Sigel says Block may become the first company in the index with an “explicit strategy” for accumulating Bitcoin. Financial services ...
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 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 ...
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 ...
The S&P 500 is getting another shakeup, this time with the addition of Block Inc. S&P Dow Jones Indices, which determines membership of the benchmark index said after the close of Friday trading that ...
Block's Q4 results missed expectations, despite double-digit growth in Cash App and Square, especially in the Cash App segment. Block's robust earnings report highlights impressive gross profit growth ...
Block said it expects annual gross profit growth through 2028 to be in the mid-teens, with adjusted operating income climbing about 30% annually. The company also expanded its share repurchase program ...
Block is uniquely positioned with an integrated consumer and merchant platform few competitors can match. Despite recent headwinds, the company remains profitable with strong margins and a healthy ...
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