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 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 ...

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 ...

Twitter founder and Block Inc (formerly Square) CEO Jack Dorsey announced late last month that his fintech venture was making “one of the hardest decisions in the history of our company” by “reducing ...

Quarterly results from Block, Affirm and PayPal show that the major U.S. fintechs are converging as they all try to become the go-to digital bank. Block's stock price plummeted after earnings, but CEO ...

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 ...