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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.
At least eight brokerages reduced their price targets on the stock, citing softness at the company's peer-to-peer Cash App ...
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 ...
Shares of Block Inc. are on a downward spiral after the parent of the popular money-transfer app Cash App reported results ...
"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 shares experienced a significant drop, plunging over 20% following a disappointing quarterly report and a wave of analyst downgrades. The company's failure to meet revenue expectations and its ...
Block's shares fell 22% on Friday and were on track for the biggest intraday decline in five years after a 2025 profit ...
Analysts flagged fresh concerns around stagnant Cash App user growth, muted consumer demand and a soft macro environment that ...
Block shares fell sharply Friday after the fintech and Bitcoin holder reported quarterly earnings well below Wall Street ...
Shares of Block plunged nearly 25% Friday, a day after the payments technology provider posted worse-than-expected results ...
But it doesn't matter how bullish you might be on Bitcoin. This cryptocurrency undoubtedly has its fair share of risks to ...
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