Block, which owns retail POS solution Square, money transfer service Cash App, and buy now, pay later (BNPL) firm Afterpay, is on a journey to overall profitability but has work to do.
Block wants to develop more adjacent services for the Cash App ecosystem, which could help it maintain its Q4 growth trajectory.
Cash App is not the only reason Block investors should be excited.
A recession may be around the corner, but these two tech stocks still have a lot of growth ahead.
Amrita Ahuja, Block CFO and COO, joins 'Squawk Box' to discuss the company's recent performance, the current pressure on financial technology, and more.

Block: Rapid Growth With A Hint Of Risk

10:28am, Sunday, 26'th Feb 2023
Block is currently overvalued from my margin of safety price. Block has a growing moat that will continue to deepen alongside its ecosystem.
While Block's fourth-quarter earnings report showcased an overall strong performance with the company beating estimates in most categories.
Yahoo Finance anchor Brad Smith and Seana Smith report on Block shares and Wall Street analyst ratings.
Block's (SQ) fourth-quarter results are hurt by declining bitcoin revenues. Yet, the results benefit from solid momentum across the Square and Cash App ecosystems.

Why Block Stock Got a Boost Today

03:01pm, Friday, 24'th Feb 2023
The company is still growing, and management is focusing on profits as well.
Adobe Inc. shares dropped Friday as Wall Street assessed a potential new roadblock to the software company's $20 billion acquisition of privately held interactive-design platform Figma.
Amid another rough session on Wall Street due to a hotter-than-expected inflation report, Block (NYSE: SQ ) managed to spark some smiles among beleaguered investors. Although the company reported a mi
Adobe stock fell Friday on news that the U.S. Department of Justice plans to block the software giant's $20 billion acquisition of Figma. The post Adobe Stock Falls As Feds Move To Block $20 Billion F
The DOJ is reportedly getting ready to file suit to block the $20 billion Adobe-Figma deal announced last year on the grounds it is anti-competitive. Bloomberg first reported the story yesterday after
Adobe (NASDAQ: ADBE ) stock is falling on Friday on reports that the U.S. may stand in the way of its $20 billion Figma acquisition. According to these reports, people close to the matter claim that t
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