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Block shares plunge 18%, for worst day on market in 5 years after earnings miss

Marco Bello | AFP | Getty ImagesBlock shares plunged 18% on Friday, their steepest drop since 2020, after the company reported fourth-quarter earnings that...

Jack Dorsey dramatically scales back crypto ambitions for Block

Jack Dorsey, co-founder of Twitter Inc., speaks during the Bitcoin 2021 conference in Miami, Florida, U.S., on Friday, June 4, 2021.Eva Marie Uzcategui |...

Block reports revenue miss but a slight beat on earnings

Block reported third-quarter revenue on Thursday that trailed Wall Street expectations. The stock initially sold off after hours but erased most of its losses...

Jack Dorsey’s payments company Block expands corporate card service to the UK

Marco Bello | AFP | Getty ImagesLONDON — Block, the payments company owned by tech billionaire Jack Dorsey has launched its corporate card service in...

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