Block

5 Things Earnings Season Teaches Us About BNPL
5 Things Earnings Season Teaches Us About BNPL
May 10, 2023  |  Buy Now Pay Later

Sift through the filings, listen to the calls with management, and earnings season gives a sense of how consumers — and merchants — are embracing...

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Block’s Cash App Hits 53 Million Monthly Active Users, Direct Deposits up 69%
Block’s Cash App Hits 53 Million Monthly Active Users, Direct Deposits up 69%
May 05, 2023  |  Mobile Payments

Block, the parent company of Square, posted earnings results illustrating the evolution of a financial services ecosystem — with Cash App at the center. A...

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Block Stock Bounces Back After Refuting Hindenburg Report Findings
Block Stock Bounces Back After Refuting Hindenburg Report Findings
April 02, 2023  |  Investments

Block’s stock recovered late last week after it issued a detailed response to a short seller’s negative report. On March 23, Hindenburg Research published a...

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Sezzle Sizzles with 39% Rally but CE 100 Index Barely Budges
Sezzle Sizzles with 39% Rally but CE 100 Index Barely Budges
March 27, 2023  |  IPO

The CE 100 Index gained 1.2% last week as investors got excited — again — about AI, and the possibility of sustained profits for in...

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Hindenburg Research Accuses Dorsey’s Block of ‘Wild West Approach’ to Compliance
Hindenburg Research Accuses Dorsey’s Block of ‘Wild West Approach’ to Compliance
March 23, 2023  |  Security & Fraud

Block saw its stock tumble Thursday (March 20) after a short seller accused it of misleading investors. A report by Hindenburg Research, which the firm...

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FinTech IPO Index Extends Earnings-Led Downdraft as Marqeta Sheds 24%  
FinTech IPO Index Extends Earnings-Led Downdraft as Marqeta Sheds 24%  
March 03, 2023  |  Fintech Investments

Investors were in a “shoot first, ask questions later” frame of mind this past week. As for the FinTech IPO Index, earnings reports helped send...

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Despite Embedded Finance’s Promise, Slowing BNPL Growth Sends Marqeta Shares Plummeting 
Despite Embedded Finance’s Promise, Slowing BNPL Growth Sends Marqeta Shares Plummeting 
February 28, 2023  |  Earnings

Slowing buy now, pay later (BNPL) volumes and customers’ belt tightening helped send Marqeta’s shares down sharply Tuesday after earnings. By the numbers, the card...

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Block CFO Makes Defensive Case for Square-Cash App Ecosystem
Block CFO Makes Defensive Case for Square-Cash App Ecosystem
February 27, 2023  |  Earnings

Block, which owns retail POS solution Square, money transfer service Cash App, and buy now, pay later (BNPL) firm Afterpay, is on a journey to...

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Domino’s Post-Earnings Plummet Drives CE100 Index Lower by 4.2%
Domino’s Post-Earnings Plummet Drives CE100 Index Lower by 4.2%
February 27, 2023  |  Investments

The CE 100 slipped 4.2%, as the “Eat” sector helped lead all pillars lower, down 7.3%  And within that group, earnings continued to roll in....

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