Block Inc. gained 9% in pre-market trading following its S&P 500 inclusion announcement. While the fintech company presents a mixed investment profile with strong balance sheet metrics offset by ...

Block's Square and Cash App ecosystems have fueled impressive gross profit growth. The company has leaned into high-growth opportunities, like cryptocurrencies and buy now, pay later lending. Block's ...

Block's stock surged 19% after strong Q4 results and raised guidance, despite cutting 4,000 jobs (40% of its workforce). The company attributes these layoffs to AI tools, aiming for a leaner, ...

Block’s share price has tanked after it reached a peak roughly four years ago. Square and Cash App are two key segments for Block that cater to different customer groups. The business is more focused ...

Block rose 7% Monday after S&P Global said the fintech company will replace Hess in the S&P 500. Passive funds are expected to buy around 101 million shares ahead of inclusion, according to Stephens.

Block said it expects annual gross profit growth through 2028 to be in the mid-teens, with adjusted operating income climbing about 30% annually. The company also expanded its share repurchase program ...

Gross profit growth at Square lags growth in payment volume, and the company's earnings beat was materially smaller than its gross-profit beat, notes an analyst Block has introduced AI tools for ...

Colin is an Associate Editor focused on tech and financial news. He has more than three years of experience editing, proofreading, and fact-checking content on current financial events and politics.