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Shares of Block ( XYZ -20.40%) are falling on Friday. The stock dropped 20.7% as of 12:55 p.m. ET and was down as much as ...
Venmo, long viewed as a business laggard for PayPal, is generating much faster revenue growth than the overall company.
Block reported first-quarter results that missed Wall Street expectations on Thursday and issued a disappointing outlook. The ...
At the heart of Block's growth potential is Cash App, a competitor of Venmo from PayPal ... is stagnant and failing to keep pace with the competition. The Motley Fool Stock Advisor analyst ...
Cash App gross profit was up 10% from a year earlier to $1.38 billion. Competition in peer-to-peer payments is heating up, after Venmo reported a 20% jump in revenue. Block CEO Jack Dorsey said ...
While top line growth has slowed down, PayPal is generating serious bottom line growth. Read why I maintain my Strong Buy ...
The combination of PayPal and Venmo app installs has already 3x’d the base of Cash App by Block (XYZ ... comes from two sides of the spectrum: competition and consolidation.
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