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Block Shares Drop After Worse-Than-Expected Q1 Results: Details
Thursday, May 1, 2025 - 4:54pm | 396Block, Inc. (NYSE:XYZ) released its first-quarter results after Thursday's closing bell. Here's a look at the key figures from the report. The Details: Block reported quarterly earnings of 56 cents per share, which missed the 87 cent analyst consensus estimate. Quarterly revenue came in at $5.77...
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Riot Vs. MicroStrategy (Strategy) Vs. Block: One Bull, One Bear, One In The Balance Ahead Of Q1 Earnings
Thursday, May 1, 2025 - 2:44pm | 821As earnings season heats up, three crypto-adjacent players — Riot Platforms Inc (NASDAQ:RIOT), MicroStrategy Inc (Strategy) (NASDAQ:MSTR), and Block Inc (NYSE:XYZ) — are stepping into the spotlight after the bell today. But heading into their first quarter earnings, the market has already picked...
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Jack Dorsey Says Major Changes Coming To Block's Self-Custody Bitcoin Wallet: What To Expect
Wednesday, April 23, 2025 - 2:58am | 737Fintech company Block, Inc. (NYSE:XYZ), announced major changes to its self-custody Bitcoin (CRYPTO: BTC) wallet Tuesday, focusing on improved safety, privacy, and usability. What Happened: Co-founder Jack Dorsey took to X to share the upcoming improvements to Bitkey, the cryptocurrency wallet...
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Elon Musk, Jack Dorsey Call For Abolition Of All Intellectual Property Laws, Arguing There Are 'Much Greater Models To Pay Creators'
Monday, April 14, 2025 - 4:52am | 697Elon Musk, CEO of Tesla Inc. (NASDAQ:TSLA), and Jack Dorsey, co-founder of Twitter (currently X) as well as Square, now called Block Inc. (NYSE:XYZ), have ignited a debate over intellectual property rights. The tech magnates have suggested a complete eradication of IP laws, a move that has stirred...
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Jack Dorsey's Block Is Making It Easy For Companies To Manage Their Bitcoin Treasury—Here's How
Thursday, April 10, 2025 - 1:57am | 770Fintech firm Block, Inc. (NYSE:XYZ) launched a new dashboard Wednesday to help companies effectively manage their Bitcoin (CRYPTO: BTC) holdings. What Happened: The Jack Dorsey-founded company released an open-source toolkit to cater to the rapidly growing Bitcoin treasury management market....
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Google Removes Bitcoin Developer Mailing List For 'Policy Violations:' Jack Dorsey Calls Out Sundar Pichai For Censorship
Friday, April 4, 2025 - 6:23am | 663Earlier this week, Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google removed the mailing list for the Bitcoin (CRYPTO: BTC) developer group Bitcoindev, citing “policy violations,” prompting Jack Dorsey to call out the company’s approach. What Happened: Bitcoin developer Ruben...
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Jack Dorsey Says Block Not 'Replacing Folks With AI' In Letter Explaining 900+ Job Cuts
Wednesday, March 26, 2025 - 11:01am | 657Fintech Block Inc (NYSE:XYZ) is the latest company to announce a series of layoffs with 931 people, or around 8% of the company laid off in the latest round. Company co-founder and CEO Jack Dorsey sent a letter to employees on the latest news. Here's what Dorsey had to say. What Happened: Dorsey...
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Cathie Wood Dumps Over $7 Million Worth Of Meta Shares As Mark Zuckerberg's Social Empire Faces Privacy Heat — Ark Sells Block Shares Again
Monday, March 17, 2025 - 9:26pm | 536Cathie Wood‘s Ark Invest made significant moves on Monday, by selling shares of Meta Platforms Inc. (NASDAQ:META) and Block Inc. (NYSE:XYZ). The META Trade saw Ark Invest’s ARK Innovation ETF (NYSE:ARKK) ETF sell 12,595 shares of the Mark Zuckerberg-led company. The sale occurred as...
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Jack Dorsey's Block First US Company To Deploy Nvidia's AI Cluster, Predicts 30x Performance Boost
Thursday, March 13, 2025 - 8:08am | 818After Block Inc. (NYSE:XYZ) became the first U.S. firm to use Nvidia Corp.’s (NASDAQ:NVDA) new artificial intelligence clusters, its CEO and founder, Jack Dorsey said that he expects it to be 30 times more powerful as compared to current implementations. What Happened: Leveraging tens of...
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Jack Dorsey 'Really Excited' About Block's Bitcoin Mining Suite That Could Challenge Foreign Dominance: 'Customers Want Other Options'
Thursday, February 20, 2025 - 11:23pm | 520Jack Dorsey, co-founder and executive chair of Block Inc. (NYSE:XYZ), voiced optimism for the firm’s Bitcoin (CRYPTO: BTC) mining products suite, Proto, on Thursday, hoping to gain a broader share of the largely untapped sector. What Happened: During the company's fourth-quarter earnings...
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Block Shares Sink After Q4 Revenue Miss, CEO Jack Dorsey Expects To End Year 'At Rule Of 40 Run Rate'
Thursday, February 20, 2025 - 5:39pm | 313Block, Inc. (NYSE:XYZ) shares are down after the company reported its fourth-quarter results after Thursday's closing bell. Here's a look at the key figures from the quarter. The Details: Block reported quarterly earnings of 71 cents per share which missed the analyst consensus estimate of 87...
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Jack Dorsey The Mysterious Satoshi Nakamoto? VanEck's Matthew Sigel Points To 'Key' Evidence Linking Twitter Founder To The Bitcoin Creator
Tuesday, February 18, 2025 - 10:58pm | 660Matthew Sigel, VanEck’s Head of Digital Assets Research, added a fresh twist to the Satoshi Nakamoto mystery saga on Tuesday, claiming that tech mogul Jack Dorsey is the elusive Bitcoin (CRYPTO: BTC) creator. What Happened: Sigel clarified on X that the opinion was his personal and not...
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Jack Dorsey Says Bluesky's Rapid Expansion Fueled by X Exodus: 'Not a Great Way To Build a Product'
Saturday, February 15, 2025 - 4:45pm | 480Jack Dorsey, co-founder of Twitter, now known as X, has shed light on the accelerated growth of Bluesky, attributing it to a mass exodus of users from X. What Happened: In a recent podcast, Dorsey voiced his belief that users are “running away from X, rather than running to...
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JPMorgan, BofA, Equifax, And Others May Get Relief After CFPB Dissolution: Maryland Senator Says He Will Ensure It Continues To 'Fight For Consumers'
Monday, February 10, 2025 - 5:46am | 1366Over the weekend, the Consumer Financial Protection Bureau’s (CFPB) operations were unexpectedly suspended. This followed DOGE lead Elon Musk’s apparent call for the agency’s dissolution in an X post on Saturday, where he wrote “CFPB RIP.” The decision is expected to...
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XRP Erases 'Black Sunday' Losses With 20% Surge As Jack Dorsey Posts Intriguing Video Featuring Bitcoin Bull Michael Saylor
Tuesday, February 4, 2025 - 12:12am | 747XRP (CRYPTO: XRP) roared back into momentum on Monday, as investors welcomed President Donald Trump's temporary relief on tariffs. What happened: XRP rallied as much as 20%, recouping losses taken on ‘Black Sunday,' which saw the third-largest cryptocurrency by market value fall to two-week...