Block Inc Stock Price, News & Analysis

Block (NYSE: XYZ) has announced the release of its financial results for the first quarter of 2025. The company has made these results available on the Financials section of its Investor Relations website at investors.block.xyz. Block will be hosting a conference call and earnings webcast to discuss these financial results on May 1, 2025, at 2:00 p.m. Pacific Time/5:00 p.m. Eastern Time. Interested participants can register for the conference call through the Events & Presentations section of Block's Investor Relations website.

Square has launched "The Way Up," a new video series hosted by award-winning podcaster Guy Raz, showcasing innovative local businesses across America. The series features six successful Square-powered businesses, including James Beard Award-winning Nixta Taqueria, Charles Pan-Fried Chicken, The Sports Bra, Vala's Pumpkin Patch, Green Apple Books, and Rustler Hat Co.

Each episode explores how these businesses overcome challenges, implement solutions, and scale operations using Square's technology. The series will be distributed across multiple platforms, including Square's YouTube channel and Raz's "Wisdom From the Top" podcast. The featured businesses represent diverse industries, from restaurants and retail to entertainment and agriculture, demonstrating the transformative impact of technology on local business growth.

Square has expanded its banking services with enhanced features for Square Banking, offering sellers instant access to cash flow management tools. The platform now allows business owners to simultaneously sign up for Square Payments and Square Checking through a streamlined application process.

Key highlights:

• Sellers spent $3.6 billion via Square Checking debit cards in 2024, up 29% from 2023
• Square Savings now features personalized savings recommendations based on cash flow data
• Businesses save average of 44 hours monthly by avoiding traditional bank transfer delays
• Customer satisfaction score of 86%, exceeding traditional banking institutions by 20%
• Over $300 million stored in Square Savings accounts by end of 2024

The service includes instant access to sales revenue, no monthly fees, free transfers, and competitive 1.00% APY on savings. Additional features include cash deposits at 70,000+ retail locations, mobile check deposits, and seamless integration with Square's ecosystem.

Square has unveiled its next-generation Square Point of Sale app, consolidating its vertical-specific commerce and payments functionality into a single, unified platform. The new app brings together capabilities previously spread across Square for Restaurants, Square for Retail, Square Appointments, and Square Invoices.

The platform features seven specialized modes tailored to different business types: three Food & Beverage modes (Quick Service, Full Service, and Bar), plus Retail, Bookings, Services, and Standard modes. During testing, feature discovery and usage among new sellers increased by nearly 80% compared to the previous POS experience.

Each mode offers industry-specific tools, from inventory management and scheduling to invoice handling and payment processing. The unified approach allows businesses to easily expand their capabilities as they grow, while enabling Square to deploy new features more efficiently across its platform.

Bluestone Lane, the Australian premium coffee roaster and café brand, has partnered with Square to implement their commerce platform across all 65 locations. The technology upgrade replaces their legacy point-of-sale system with Square's integrated solution, including Square Registers, Terminal devices, and Kitchen Display Systems.

The implementation has yielded significant operational improvements, with 50% faster ordering and thousands of hours saved through streamlined operations. The platform integrates with essential business systems including Olo, Thanx, Uber Eats, DoorDash, and Restaurant365, enabling comprehensive management of their multi-concept business model spanning coffee shops, full-service cafés, and retail offerings.

Square's solution provides Bluestone Lane with real-time data insights across all locations and streamlines operations from staffing and payroll to reporting and compliance. The partnership also includes plans for local activations across the U.S., combining Bluestone's café offerings with Square's technology.

Block (NYSE: XYZ) has scheduled the release of its first quarter 2025 financial results on Thursday, May 1, 2025, after market close. The company will host a conference call and earnings webcast at 2:00 p.m. Pacific Time/5:00 p.m. Eastern Time on the same day to discuss the quarterly results. Interested participants can register for the conference call and access the live audio webcast through Block's Investor Relations website at investors.block.xyz, where a replay will also be made available following the call.

Cash App Afterpay has released a new report revealing significant shifts in payment preferences among younger consumers. The study shows that 63% of Gen Z are moving away from credit cards, with 51% saying credit cards give them the 'ick'.

Key findings indicate that 82% of Americans believe credit cards can be financially dangerous, and 68% of Gen Z report stress and anxiety from credit card bills. The research highlights that 40% of credit card users are frequently surprised by interest fees, rising to 53% for Gen Z.

The report demonstrates a clear trend toward alternative payment methods, with 70% of Americans preferring debit cards. Notably, 52% of Gen Z believe Buy Now, Pay Later (BNPL) services could help them better manage finances compared to traditional credit. The study also reveals that 48% of Americans are open to using BNPL in the future, including 55% of Gen Z.

Cash App, a Block, Inc. (NYSE: XYZ) subsidiary, has launched its largest marketing campaign called 'Cash In' to promote its comprehensive banking features. The multi-channel national campaign, directed by Emmy-nominated Ramy Youssef, includes a four-part ad series highlighting the platform's benefits for smarter money management.

The campaign began with extensive out-of-home advertising across major U.S. markets in February. Two initial ads, 'Tips' and 'Wingin' It,' showcase everyday scenarios of using Cash App's features, including automatic paycheck distribution into Stocks, Bitcoin, and Savings, and free overdraft coverage.

Key statistics reveal Cash App Card has reached 25 million monthly active users as of December 2024, with 21% penetration among U.S. 18-21 year olds. The platform offers benefits for customers who direct deposit $300+ monthly, including up to $200 in free overdraft coverage, 4% interest on savings, and ATM fee reimbursement. The campaign will continue throughout 2025 across various media channels.

Block Inc. (NYSE: XYZ) is integrating Afterpay's pay-over-time services into Cash App, creating a unified brand called Cash App Afterpay. Starting this week, eligible Cash App customers can access Afterpay's Pay-in-4 product at partner merchant sites, with Pay Monthly features coming in the following months.

The integration connects Afterpay's payment solutions with Cash App's 57 million monthly active users, significantly expanding the merchant network's potential customer base. When shopping online, customers can select $Afterpay at checkout to split their purchases into payments. Cash App users can manage their pay-over-time transactions directly within the app through the applet feature.

Cash App ranks among the top five most authentic brands for Gen Z, while Afterpay holds the position of most trusted BNPL (Buy Now, Pay Later) provider in the market.