Sat, February 22, 2025
[ Sat, Feb 22nd ]: Kiplinger
Five Wins for Federal Employees in the Social Security Fairness Act
Fri, February 21, 2025
[ Fri, Feb 21st ]: Inc
What Would Trump Taking Control of the USPS Mean for You?
[ Fri, Feb 21st ]: jacobin
US Economic Decline Has Been Greatly Exaggerated
[ Fri, Feb 21st ]: Marketplace
What do you want to know about business or the economy?
[ Fri, Feb 21st ]: Calendar
Ditch the Juggling Act: 12 Ways Automated Scheduling Will Revolutionize Your Life (and Business)
[ Fri, Feb 21st ]: Politico
Three potential pitfalls for phase 2 Gaza talks
[ Fri, Feb 21st ]: Salon
Why you should consider freezing your credit right now
[ Fri, Feb 21st ]: coloradopolitics
Colorado House committee votes to advance bill to adjust state's pay structure for tipped workers
[ Fri, Feb 21st ]: CNN
Target is getting hit from all sides on DEI
[ Fri, Feb 21st ]: manilatimes
BIR, Customs collections higher in January - Recto
[ Fri, Feb 21st ]: Fortune
What if AI creates more jobs than it destroys?
[ Fri, Feb 21st ]: Investopedia
MercadoLibre Stock Sets All-Time High as Q4 Earnings Blow Past Estimates
[ Fri, Feb 21st ]: AOL
What type of business savings account is right for you?
[ Fri, Feb 21st ]: Kiplinger
UnitedHealth Stock Drags on the Dow After DOJ Probe News
[ Fri, Feb 21st ]: Kiplinger
Block Stock Falls After Revenue, Earnings Miss Expectations
[ Fri, Feb 21st ]: Reuters
Exclusive: Abrdn to launch China asset management venture with Citic unit, sources say
[ Fri, Feb 21st ]: Forbes
Section 382 Limitations For Tech Companies Dealing With R&D Capitalization Requirements
[ Fri, Feb 21st ]: Reuters
Block shares drop as spending slowdown puts BNPL expansion in focus
[ Fri, Feb 21st ]: Forbes
Progress Over Perfection: Empowering Finance Teams With Digital Fluency
[ Fri, Feb 21st ]: Forbes
She Earns More: Redefining Power And Partnership In Modern Families
[ Fri, Feb 21st ]: AOL
Should you sign a loan or pay a fee to get your tax refund early? Here's what you need to know
[ Fri, Feb 21st ]: Bloomberg
Trump's Tariff Wars Leave US Small Business With Nowhere to Hide
[ Fri, Feb 21st ]: Fortune
Starbucks hoped mobile orders and the drive-throu .. ss. New CEO Brian Niccol says that was a mistake.
[ Fri, Feb 21st ]: Zawya
Microsoft AI Tour showcases groundbreaking AI inn .. ons driving transformation and growth across Oman
[ Fri, Feb 21st ]: MSN
India's F&B on Ventilator: Archit Singhal's Eye-Opening Book Calls for Urgent Industry Reforms
[ Fri, Feb 21st ]: MSN
French business activity contracts much more than expected in February, PMI shows
[ Fri, Feb 21st ]: cnbctv18
Unsecured loans and digital risks: RBI and bank officials flag challenges
[ Fri, Feb 21st ]: Reuters
UK runs record January budget surplus but misses forecasts
[ Fri, Feb 21st ]: Bloomberg
Bessent Plans First Call With China Counterpart on Friday
[ Fri, Feb 21st ]: Forbes
The Future Of Wall Street And Enterprise: Fintech 50 2025
[ Fri, Feb 21st ]: Outlookindia
For Banking Technologist Girish Wali, The Real-Wo .. n Of AI Is A Necessity For The Present And Future
[ Fri, Feb 21st ]: MSN
Can You Cash a Check at an ATM?
[ Fri, Feb 21st ]: Yahoo
'Unrestrained': Trump pushes business interests in 2nd term
[ Fri, Feb 21st ]: MSN
Cut deficit, create bold budget moves - Paul Chan's mission impossible?
[ Fri, Feb 21st ]: Reuters
StanChart reports 18% rise in annual profit, roughly in line with estimates
Thu, February 20, 2025
[ Thu, Feb 20th ]: Yahoo
Beshear: Weather death toll rises to 15, search-and-rescue phase ending
[ Thu, Feb 20th ]: 7NEWS
INSIDE MEDIA: Neighbours axed again and exposing the secret MAFS contract contestants have to sign
[ Thu, Feb 20th ]: CNBC
CNBC Daily Open: Alibaba surges and Amazon beats Walmart
[ Thu, Feb 20th ]: Forbes
IRS Taxpayer Data Is Tightly Restricted By Law. W .. is Stop Trump, Musk And DOGE From Gaining Access?
[ Thu, Feb 20th ]: Forbes
7 Free Courses To Learn Data Science Skills That Pay $100,000+ In 2025
[ Thu, Feb 20th ]: Forbes
Former Indy 500 Winner Tony Kanaan Named Arrow McLaren Team Principal
[ Thu, Feb 20th ]: Reuters
Crypto worth $99 million withdrawn from Milei-backed Libra token, researchers say
[ Thu, Feb 20th ]: MSN
200+ inspirational quotes for success, work, leadership & finance
[ Thu, Feb 20th ]: cfodive
GM tariff playbook includes international inventory cuts, CFO says
[ Thu, Feb 20th ]: Fortune
Walmart has kept prices low during inflation and raised pay for managers. Investors aren't happy
[ Thu, Feb 20th ]: MSN
Gas hangs in the balance of geopolitical peace talks, oil is long-term, says RBC's Helima Croft
[ Thu, Feb 20th ]: Reuters
PepsiCo joins major US companies in tweaking DEI policies
[ Thu, Feb 20th ]: MSN
Consensus Cloud Solutions, Inc. (NASDAQ:CCSI) Q4 2024 Earnings Call Transcript

Block shares drop as spending slowdown puts BNPL expansion in focus

  Copy link into your clipboard //business-finance.news-articles.net/content/202 .. nding-slowdown-puts-bnpl-expansion-in-focus.html
  Print publication without navigation Published in Business and Finance on by Reuters
          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
Payments firm Block's shares fell 8% in premarket trading on Friday as a slowdown in spending growth fueled investor concerns, turning the spotlight to its bet on buy-now, pay-later lending to drive profits in 2025.
Block Inc., the parent company of Square and Cash App, experienced a significant drop in its share value after reporting a slowdown in spending growth, which has put its expansion plans for its buy now, pay later (BNPL) service under scrutiny. The company's shares fell as much as 15% in after-hours trading following the announcement. Despite this, Block's CEO Jack Dorsey highlighted that the company is focusing on profitability and sustainable growth, aiming to expand its BNPL offerings more cautiously. The report indicated that while gross profit increased by 22% to $1.66 billion in the fourth quarter, the growth rate was lower than in previous periods. This has led investors to question the scalability and future profitability of Block's BNPL strategy amidst a cooling economic environment where consumer spending is not as robust.

Read the Full Reuters Article at:
[ https://www.reuters.com/business/block-shares-drop-spending-slowdown-puts-bnpl-expansion-focus-2025-02-21/ ]