Block plunges 20% as Cash App miss triggers downgrades
Block shares were on track for their second-worst day Friday, plunging more than 20% as investors digested a brutal quarterly ...
Tag: Block Inc
Venmo gaining ground in payments as Cash App struggles
In the increasingly crowded market for peer-to-peer payments, Venmo is showing momentum while Cash App has hit a rough patch.The ...
Block shares plunge 18% as company takes ‘cautious stance,’ issues weak guidance for year
Block reported first-quarter results that missed Wall Street expectations on Thursday and issued a disappointing outlook. The stock tumbled 15% ...
For bitcoin bulls who self-custody crypto, the global risks are growing
Whether to buy cryptocurrency as a long-term holding may be the biggest decision an investor interested in digital assets has ...
After 20 years at the helm, Klarna CEO Sebastian Siemiatkowski faces his biggest test yet: A U.S. IPO
Sebastian Siemiatkowski, CEO of Klarna, speaking at a fintech event in London on Monday, April 4, 2022.Chris Ratcliffe | Bloomberg ...
Block bets on lending expansion after stock slump
In this photo illustration, the logo for the US tech firm "Block" is displayed and reflected in a number of ...
Buy now, pay later lender Klarna files for U.S. IPO
Pedestrians walk by an advertisement for Klarna.Daniel Harvey Gonzalez | In Pictures via Getty ImagesKlarna, a provider of buy now, ...
Here’s why banks don’t want the CFPB to disappear
Jamie Dimon, CEO of JPMorgan Chase, leaves the U.S. Capitol after a meeting with Republican members of the Senate Banking, ...
Block’s 28% plunge in February leads fintech sell-off, while Stripe shows benefit of staying private
Patrick Collison, chief executive officer and co-founder of Stripe Inc., left, smiles as John Collison, president and co-founder of Stripe ...
Block shares plunge 18%, for worst day on market in 5 years after earnings miss
Marco Bello | AFP | Getty ImagesBlock shares plunged 18% on Friday, their steepest drop since 2020, after the company ...
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