We appear to be looking at an excellent entry point for long-term investors.
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We appear to be looking at an excellent entry point for long-term investors.
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.
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's earnings were impressive, but the most important part could be its future AI potential.
↘️ Airbnb (ABNB): The short-term rental company raised its full-year outlook, as strong global travel demand helped offset an influx in cancellations around the Iran war. The stock slipped about 1.7% afterhours.
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?
The fintech company now expects adjusted earnings of $3.85 a share this year, a 62% uplift from 2025.
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.
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 ...
XYZ gears up for Q1 earnings with rising revenue and EPS expectations, even as consensus bitcoin revenue dips and analyst sentiment weakens.
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.