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52 sats \ 3 replies \ @wolfsbane 27 May \ on: Block (XYZ) Q1 Earnings Analysis Stacker_Stocks
With growth slowing but profits steady, how sustainable is Cash App’s banking push despite stagnant users? How significant is the 30% AI productivity gain in Square? What’s the potential of the Goose AI COO? And why no mention of Bitcoin?
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0 sats \ 2 replies \ @BlokchainB OP 27 May
The marketing spend has been somewhat successful with getting new users but cash app is hoping more users use their direct deposit feature which will unlock more lending.
It should lower engineering costs but I’m skeptical
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149 sats \ 1 reply \ @wolfsbane 27 May
Totally agree growth through direct deposit is key, but not guaranteed.AI gains sound nice, but translating that into real cost reduction is a different challenge.
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0 sats \ 0 replies \ @BlokchainB OP 27 May
Agreed
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