Finance News – Block
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Venmo gaining ground in payments as Cash App struggles
Recent earnings reports indicate that Venmo is experiencing growth in the peer-to-peer payment market, while Cash App's performance is declining, highlighting a shift in consumer p...
Read Full Article →Here’s why Block is taking a more cautious view of the year ahead
Block's stock decline reflects growing consumer caution regarding spending through Cash App, raising concerns about future inflows and the company's financial outlook for the upcom...
Read Full Article →Block shares plunge 18% as company takes 'cautious stance,' issues weak guidance for year
Block's shares fell by 18% following the company's cautious outlook and disappointing first-quarter revenue, impacting investor confidence and raising concerns about its financial...
Read Full Article →Bitcoin mining revenues fall to critical level for older miners as fee income slides post-halving
Bitcoin miners, particularly older operators, are facing significant financial challenges due to declining fee income and reduced subsidy earnings, leading to a critical shift in t...
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