This article was written by David Krein, Head of Real-Time Pricing Research and Chirag Gupta, AI Researcher at Bloomberg. Welcome to Pricing Insights our series exploring key themes in the fixed ...

Bank of America reconsidered its rating on Block due to rising Cash App engagement and AI-driven efficiency gains.

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 ...

DISTRIBUTED-WORK-MODEL/OAKLAND, Calif.--(BUSINESS WIRE)-- Block, Inc. (“Block”) (NYSE: SQ) today announced the pricing of $2.0 billion principal amount of its 6.50% senior notes due 2032 (the “Notes”) ...