Jack Dorsey is in reassembly mode at Block, the fintech company that owns the popular payment services Cash App and Square, as well as music streaming service Tidal. In a note to employees this week, ...

Shares of fintech company Block (NYSE: SQ) rose today after Piper Sandler analyst Arvind Ramnani assumed coverage of the stock, with an overweight rating and price target of $83, according to reports.

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Block's stock surged 19% after strong Q4 results and raised guidance, despite cutting 4,000 jobs (40% of its workforce). The company attributes these layoffs to AI tools, aiming for a leaner, ...

Block's core businesses reside in two distinct ecosystems: Square and Cash App. Square is a hardware and software ecosystem that allows merchants to operate almost every aspect of their business, from ...

Block's chart below illustrates this. Revenue is way up, but the price-to-sales (P/S) ratio is way down. As of this writing, Block stock has dropped to a P/S ratio of just 1.5, which is objectively ...