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Block’s stock has suffered in a ‘dismal’ fintech market. But these new forecasts are drawing cheers.
The parent company of Square and Cash App offered an upbeat long-term earnings outlook at its first investor day since 2022.
The stock is down almost 80% from its all-time high, but evidence points to brighter days ahead. However, the fintech company has fallen out of favor with the market. Shares now sit nearly 80% below ...
Block (XYZ) unveils bold 2026 profit guidance and automation plans at investor day, sparking analyst praise and stock gains.
Nov 7 (Reuters) - Shares of fintech Block (XYZ.N), opens new tab fell 11.1% on Friday, as investors balked at profit growth lagging volume increase at its payments unit, Square. Gross payments volume ...
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