Fintech specialist Block (XYZ 0.33%) recently reported its fourth-quarter and full-year 2024 financial results, and the market was not impressed, to say the least. The company's shares dropped significantly on the heels of this latest quarterly update.
Block — the company formerly known as Square — with the ticker XYZ — formerly SQ — is the focal point of this week's Tech Corner. George Tsilis dissects the fintech stock's latest earnings and the company's various business segments including Cash App, Tidal and Square.
Block's expanding partner base and strong positioning in the digital payments industry are driving prospects despite stiff competition and stretched valuation.
Explore the exciting world of Block (XYZ 0.09%) with our expert analysts in this Motley Fool Scoreboard episode. Check out the video below to gain valuable insights into market trends and potential investment opportunities!
Block's expanding partner base and strong positioning in the digital payments industry are driving prospects despite stiff competition and stretched valuation.