Block shares were on track for their second-worst day, plunging more than 20% after a brutal quarterly report and a wave of analyst downgrades. Analysts flagged fresh concerns around stagnant Cash App ...
Block-owned payments platform Cash App launched a new peer-to-peer platform called Pools. Pools lets users take group payments via Cash App, Apple Pay, or Google Pay. PayPal’s Venmo continues to gain ...
Stream Los Angeles News 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 ...
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.