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Block offers a glimpse of what to expect next year, but its stock slides
Profit progress has been the name of the game for Block Inc. lately, and the parent company of Square, Afterpay and the Cash App expects to see more of that in the year to come. Block forecasts continued margin expansion into 2025,
Block revenue misses Street expectation, shares fall
Payments firm Block third-quarter revenue fell short of Wall Street expectations on Thursday, signaling a slowdown in consumer spending and sending its shares down 9% after the bell.
Block’s Bitcoin revenue stagnates in Q3, shares drop 12% on revenue miss
Block’s Bitcoin revenue stagnated in the third quarter, and the fintech firm’s shares dropped by 12% after the bell as it missed Wall Street revenue estimates.
Block shares tumble on revenue miss
Block (NYSE:SQ) reported third-quarter earnings that met expectations, but revenue fell short of analyst estimates, sending shares down 10% in after-hours trading. The financial technology company, formerly known as Square,
8h
on MSN
Block scales back TIDAL investment and shutters TBD in favor of Bitcoin mining
Jack Dorsey's Block is scaling back its investment in TIDAL, the music streaming platform once owned by Jay-Z, according to a ...
13h
on MSN
Exclusive: Employees at Jack Dorsey’s Block were ordered not to discuss board member Jay-Z amid more layoffs
Employees at financial tech firm Block have been ordered by executives not to discuss a prominent board member: rapper Jay-Z.
12h
Block: Afterpay Boosts Cash App Profits
Block posted mixed earnings for Q3 2024, supported by solid performance from its Cash App and Square ecosystems.
7h
Block shares slip after-hours amid mixed earnings results
For the quarter that ended on Sept. 30, Block reported adjusted earnings per share of 88 cents, up from 50 cents per share in ...
2h
on MSN
The tower block residents trapped in unsellable flats
Residents of a tower block identified as having fire safety defects following the Grenfell fire have said they are "living in ...
nowtolove
13h
The Block’s Mimi responds to “hate” she’s received since flirting scandal
“30/30. Perfect scores are hard to come by on the
block
and to have received three 10s from the judges last night was ...
Reuters
15h
Plastics industry group loses bid to block California AG's subpoena
Nov 7 (Reuters) - A federal judge has rejected a bid by the Plastics Industry Association to
block
California's attorney ...
Opinion
1d
Opinion
The House of Representatives Is Democrats’ Last Hope to Block Complete Republican Control
While Republicans reclaimed the White House and Senate in a series of decisive Tuesday victories, it could be days before we ...
nowtolove
12h
There’s a new bidder attending The Block 2024 auction, and he’s set to shake things up
In past years on The
Block
, it’s truly been the Adrian Portelli and Danny Wallis show, with the serial bidders purchasing ...
CNBC on MSN
15h
Block shares plunge 11% on revenue miss
Block reported weaker-than-expected revenue for the third quarter. Revenue of $5.98 billion compared with analysts' estimates ...
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