(Reuters) -Block reported a rise in second-quarter income and raised its annual gross profit forecast on Thursday, as the payments firm was helped by resilient consumer spending, lifting its shares 6% ...

Block Inc. (NYSE: XYZ) is rated SELL due to overvaluation, low-quality revenue growth, limited sustainable growth, and volatile profitability. XYZ's revenue growth is heavily reliant on Bitcoin, which ...

Block (NYSE:XYZ) stock surged 11% in Thursday after-hours trading after the company boosted its guidance for full-year gross profit and issued a strong Q3 gross profit outlook. Its Q2 gross payment ...

(Reuters) -Block's fourth-quarter profit fell short of estimates as spending growth during the holiday season and gains from a post-election surge in bitcoin lagged expectations, sending the payment ...

Block said it expects annual gross profit growth through 2028 to be in the mid-teens, with adjusted operating income climbing about 30% annually. The company also expanded its share repurchase program ...

Block Inc., led by Jack Dorsey, lifted its full-year gross profit outlook after delivering a stronger-than-expected second quarter. The jump was powered by Cash App’s lending growth and steady payment ...

Block operates a diverse digital financial ecosystem. Its main products are Square (a suite of commerce tools and payments services for businesses) and Cash App (a mobile app offering banking, ...

More news: Block shares tanked in morning trade as the Afterpay owner missed expectations for the September quarter, despite an 18% jump in profit compared to the prior corresponding period. Shares ...

From March 15, 2018, through March 11, 2025, shares of financial technology (fintech) stock Block (XYZ 2.86%) were up less than 1%. Granted, the stock was up more than 400% at one point during this ...