Block (XYZ) continues to face challenges with its Cash App segment amid intensifying competition and a soft macroeconomic environment. The company’s first-quarter 2025 earnings report fell short ...

Digital payments company Block acknowledged that its signature digital wallet, Cash App, didn’t bring in the profits it expected for the first quarter. “We saw a pronounced shift in customer ...

Block (NYSE: XYZ) got blocked by a number of potential investors after the fintech company's first-quarter earnings disappointed the market. While best known for its original Square business, it was ...

Shares of Block plunged nearly 25% Friday, a day after the payments technology provider posted worse-than-expected results ...

Block shares were on track for their second-worst day Friday, plunging more than 20% as investors digested a brutal quarterly report and a wave of analyst downgrades centered on one issue: Cash App.

Block Inc. remains bullish that its Cash App financial-services platform will remain a growth driver this year, despite its posting lower than projected gross profits during the first quarter, the ...

Shares of Block dropped after analysts expressed concern its Cash App performance was weaker than expected. The parent company of Square and Cash App's stock fell almost 22%, to $45.71 ...

Block's turnaround plan hinges on lending. The company says Cash App Borrow — now approved by the Federal Deposit Insurance Corp. to originate loans through its bank subsidiary — will double ...