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 ...

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 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 ...

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 ...

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 ...

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’s share price has tanked after it reached a peak roughly four years ago. Square and Cash App are two key segments for Block that cater to different customer groups. The business is more focused ...

Block, Inc. has diversified business segments with strong revenue from Square and Cash App, despite slowing user growth from the latter. The stock is undervalued, trading at 12x trailing earnings, ...

Unlike other corporate Bitcoin plays, Block isn't reliant on the lead cryptocurrency. Block is a diversified fintech that has integrated Bitcoin into its operations. First, its Bitcoin holdings align ...