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Analysts flagged fresh concerns around stagnant Cash App user growth, muted consumer demand and a soft macro environment that ...
Shares of Block plunged nearly 25% Friday, a day after the payments technology provider posted worse-than-expected results ...
Block shares are down on Friday after downbeat Q1 results, missed estimates on Cash App's profits and GPV, but expects growth ...
You might be eligible to receive part of a $15 million settlement connected to Cash App. The app’s parent company, Block, Inc., agreed to the payout following a class action lawsuit that alleged ...
"Block's 1Q25 results missed expectations due to weaker Cash App gross profit, despite typically strong seasonality from tax refunds," analysts from Oppenheimer wrote in a report. Block on Thursday ...
Earnings from PayPal and Block revealed diverging paths in peer-to-peer payments, with Venmo accelerating and Cash App losing ...
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 ...
Many flagged fresh concerns around stagnant Cash App user growth, muted consumer demand and a soft macro environment that may weigh on monetization. "Stagnation in the number of active users of ...
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