On Thursday, the Consumer Financial Protection Bureau announced a massive $175 million settlement with Block, the publicly traded financial conglomerate led by Jack Dorsey. The government agency ...
Jim McKelvey and Jack Dorsey launched Square, Inc., in 2009. Square changed its name to Block, Inc. in December 2021. Since 2017, the company's Cash App has allowed merchants to use Bitcoin in the ...
After a brutal 26% decline in 2025, Block ( XYZ 0.79%) has begun to regain ground in early 2026. Even so, investors appear ...
Cash App, the payment ecosystem of Block (NYSE:SQ), is teaming up with transportation network Lyft (NASDAQ:LYFT) to allow consumers to pay with Cash App Pay when taking a ride, marking the first-ever ...
Block (NYSE:XYZ) is scheduled to announce Q2 earnings on Thursday, August 7th, after market close, and a rebound in the performance of Cash App segment is likely to help the payments company beat ...
The 12-year-old Cash App wallet remains a key driver for Block Inc. Cash App gross profits grew 24% year over year during the third quarter of 2025, which helped contribute to Block’s overall gross ...
Consumers spent less money on Cash App last quarter than Block had expected, causing a disappointing earnings report for the payments and commerce company. "Our growth in the first half of this year ...
Cash App is getting a glow up from its peer-to-peer beginnings. Block is making good on its promise to focus on Cash App's network with a slew of new product releases designed to entice more consumers ...
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.
Stream NBC 5 for free, 24/7, wherever you are. The first-quarter earnings miss rattled Wall Street, prompting multiple firms — including Wells Fargo, Seaport, BMO and Benchmark — to downgrade the ...