Analyst Mark Palmer downgraded the rating from Buy to Hold. Cash App generated gross profits of $1.38 billion, missing Street estimate of $1.42 billion, which contributed to "Block's shortfalls on ...
Federal prosecutors are digging into internal practices at Block, the financial technology firm launched by Twitter co-founder Jack Dorsey, discussing with a former employee alleged widespread and ...
Amid concerns regarding diminishing pricing power, the BNPL industry’s monetization efforts are shifting towards transforming their mobile apps into e-commerce destinations. The increasing use of Cash ...
Block, Inc. (XYZ) shares are trading higher on Thursday. Yesterday, the company provided guidance at its Investor Day event. • XYZ is gathering positive momentum. Check the market position here. The ...