The Latest Breaking News from Block

There’s a reason The Block has been going on for 19 whopping seasons. No, it’s not the incredible renovation before and after pics. It’s not the impeccable styling choices. And it’s not the challenges that inspire people at home to go to Kmart and drop a couple of hundo on…

Square-parent Block faces slowing growth for its consumer Cash App in 2024, says a UBS analyst who downgraded SQ stock.

Shares of Block Inc (NYSE: SQ) tanked in early trading on Friday, even after the company’s beat and raise quarter

The Dow Jones Industrial Average rose 190 points Friday after the July jobs report. Amazon surged on strong earnings, while Apple stock sold off. Icahn Enterprises crashed.

Indexes resisted further selling despite soaring yields. Apple falls on iPhone sales late. The jobs report looms.

Block reported second-quarter earnings that topped estimates as the consumer Cash App business turned in a strong quarter.

“That is the worst team that there is.”

With BNPL leader Afterpay under the Block umbrella and 122% EPS growth under its belt, SQ stock looks for a new breakout to pay off.

A Relative Strength Rating upgrade for Block shows improving technical performance.