Block, the company behind Square, Cash App and Afterpay, is cutting its staff by 40%. The reason: “intelligence tools,” according to a letter to shareholders by co-founder Jack Dorsey.

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 ...

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 ...

From March 15, 2018, through March 11, 2025, shares of financial technology (fintech) stock Block (XYZ 4.80%) were up less than 1%. Granted, the stock was up more than 400% at one point during this ...

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 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 ...

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 ...

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 ...