Block shares tumble after-hours on Q3 earnings miss
Block Inc.’s third-quarter earnings missed analyst expectations on the top and bottom lines despite strong profit growth in its Cash App and Square businesses.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Block Inc.’s third-quarter earnings missed analyst expectations on the top and bottom lines despite strong profit growth in its Cash App and Square businesses.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Robinhood crushes Q2 earnings expectations while crypto revenue takes a hit
Robinhood's diversification and prediction market success highlight its resilience, but crypto volatility underscores ongoing sect...
Fed decision headlines two weeks of inflation and jobs data
TL;DR The Federal Reserve announces its rate decision on Wednesday, July 29, with no dot plot at this meeting, followed a day late...
Morgan Stanley is using $7.4 trillion in client assets and rock-bottom fees to hijack Wall Street’s crypto boom
Morgan Stanley’s new Ethereum and Solana exchange-traded products generated roughly $38 million in combined trading volume on thei...
Coinbase hit by spot trading slump: Wall Street trims expectations ahead of earnings
Wall Street expects a sluggish second quarter from Coinbase as crypto trading activity cools, putting all eyes on and pending U.S....
Ethereum (ETH) Price Prediction: ETH Holds Above $1,745 as Analysts Watch $1,975 Resistance and $2,470 Target
Ethereum is trading under pressure after a sharp daily decline, but several technical analysts say the broader recovery structure...
Robinhood shares drop 4% after crypto trading revenue falls to $100M
Robinhood stock fell 3% after hours despite record quarterly revenue and earnings as crypto trading revenue declined 38% to $100 m...