Quarterly results from Block, Affirm and PayPal show that the major U.S. fintechs are converging as they all try to become the go-to digital bank. Block's stock price plummeted after earnings, but CEO ...
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 ...
Block is joining the S&P 500, replacing Hess as of July 23. Hess is exiting the index upon its acquisition by Chevron. In May, Block reported disappointing quarterly results and issued a weak forecast ...
Block Inc. (NYSE:XYZ) is one of the AI Stocks on the Market’s Radar. On November 24, Needham reiterated a Buy rating on the stock with a price target of $80.00 following their attendance at Block’s ...
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 ...
Investors with a lot of money to spend have taken a bearish stance on Block (NYSE:XYZ). And retail traders should know. We noticed this today when the trades showed up on publicly available options ...