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 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 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 ...

Block's Square ecosystem and Cash App are two pillars of the business that provide steady revenue. The Cash App is a leading investment platform, particularly among younger customers. The company ...

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 is joining the S&P 500, replacing Hess as of July 23. Hess is exiting the index upon its acquisition by Chevron. In May, Block reported disappointing quarterly results and issued a weak forecast ...

On November 19, Block Inc. held its first Investor Day in three years. Jack Dorsey, the company’s cofounder, chief executive, and “Block Head,” took to the stage and summarily posed what many ...