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23,206 signal articles · 361 in last 24h · 110,884 total before filter · latest 52m ago
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Block inches closer to DOJ settlement
Payments Dive89d agoneutral
Block inches closer to DOJ settlement

The company set aside $240 million in the first quarter as it negotiates with the Justice Department over allegations in a 2023 short seller’s report.

BofA revisits Block stock price target after earnings
TheStreet91d agoneutral
BofA revisits Block stock price target after earnings

Block investors have been looking for signs that the company’s reset is doing more than lowering costs, and Bank of America says the first quarter gave them a stronger case to consider. In a Bank of America note provided to TheStreet, analyst Matthew C. O’Neill maintained a Buy rating on Block and ...

Block earnings beat driven by Cash App and Square strength
Proactive95d agobullish
Block earnings beat driven by Cash App and Square strength

Block Inc (NYSE:SQ) shares rose about 6.5% after it reported stronger-than-expected first-quarter 2026 earnings, highlighted by solid profit growth and improved margins, despite a slight revenue miss. Block (XYZ) reported adjusted earnings per share of $0.85, above analyst expectations of...

Block (XYZ) shares rally after earnings beat and stronger full-year outlook
InvestorsHub95d agobullish
Block (XYZ) shares rally after earnings beat and stronger full-year outlook

Block Inc (NYSE:XYZ) posted first-quarter results that topped Wall Street profit expectations, sending the company’s shares up around 7% in premarket trading Friday after management raised its outlook for the full year. The financial technology company reported adjusted earnings per share of $0.

Investing.com96d agobullish
Block beats profit expectations, shares jump 8%

Investing.com -- Block Inc (NYSE:XYZ) reported first-quarter results that exceeded profit expectations, sending shares up 8.4% in after-hours trading Thursday as the company raised its full-year outlook.

Block (XYZ) Q1 Earnings Surpass Estimates
Zacks96d agoneutral
Block (XYZ) Q1 Earnings Surpass Estimates

Block (XYZ) delivered earnings and revenue surprises of +25.68% and -0.81%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?

Block raises annual gross profit outlook on consumer spending strength
Reuters96d agoneutral
Block raises annual gross profit outlook on consumer spending strength

Jack Dorsey-led Block raised its full-year outlook on Thursday as the payments firm benefited from resilient ‌consumer spending and strong growth in its core businesses. The ‌Oakland, California-based company now expects annual gross profit to be $12.33 billion in 2026, compared ​with its previous forecast of $12.20 billion. U.S. consumer spending remained broadly resilient ‌in the first three ⁠months of 2026, underpinned by a stable labor market and wage growth.

Analyst predicts 35% upside for Dorsey's Block ahead of earnings
TheStreet97d agoneutral
Analyst predicts 35% upside for Dorsey's Block ahead of earnings

Jack Dorsey's financial services company Block, Inc. (NYSE: XYZ) is set to report the financial results for the first quarter of 2026 on May 7. As Dorsey is a strong Bitcoin (BTC) advocate, Block's products integrate the top cryptocurrency. Cash App, a wallet that allows Bitcoin ...

CEOs Have Split on AI’s Jobs Impact
The Wall Street Journal97d agoneutral
CEOs Have Split on AI’s Jobs Impact

Here's how two senior executives said AI will affect their businesses in the years ahead: AI changes “how we work,” says Brian Armstrong, CEO at Coinbase Global. The company on Tuesday announced it was cutting 14% of its workforce.