Block shares tumble after earnings miss, slowing Square growth

Core Insights - Block Inc. shares experienced a significant decline following the release of third-quarter results that fell short of Wall Street expectations, indicating a slowdown in profit growth within its primary Square business [1] Financial Performance - The third-quarter results revealed that Block Inc. did not meet analysts' forecasts, which has raised concerns about the company's financial trajectory [1] - The core Square business is showing signs of slowing profit growth, which is critical for the company's overall performance [1]