Block's transaction revenues have seen a sharp decline, attributed to a fall in gross payment volumes, which is geared toward consumer activity in the retail sector. The macros indicate mixed signals ...
Block reported better-than-expected earnings for the quarter but missed on revenue. The company reported $6.16 billion in sales, versus the $6.28 billion expected. The stock rose in extended trading.
Block, Inc. (SQ) is a turnaround growth play. The stock has been out of favor for quite some time. I consider SQ stock a speculative buy. According to the recent Block earnings press release, the ...