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Block, Inc.
XYZTechnologyNYSEUS
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XYZ launches NFC-enabled Cash App Tags, starting with the Cash App Wand, and lets users tap to pay while blending payments with style.
Cash App users can now pay by tapping with a wand. The Cash App Wand is a pearlescent physical payment accessory that is the first example of a new payment form factor called Cash App Tags, the company said in a Thursday (June 4) press release.
DISTRIBUTED-WORK-MODEL/OAKLAND, Calif.--(BUSINESS WIRE)--Today, Cash App is launching a new payment form factor that's changing the shape of money. Cash App Tags are NFC-enabled, physical payment accessories that let customers pay without having to reach for their phone or card. The first-edition Cash App Tag—the pearlescent Cash App Wand—is now available for Cash App Card holders to purchase in the app, while supplies last. Designed to match the way Gen Z expresses their style and identity, th.
XYZ's Square expands its Baker St Cafe partnership, adding marketing, analytics and kiosk tools that boost engagement, streamline operations and growth.
XYZ expands BNPL access as Afterpay arrives on Cash App Card, letting eligible users split everyday expenses with transparent six-week repayments.
DISTRIBUTED-WORKFORCE/OAKLAND, Calif.--(BUSINESS WIRE)--Square today announced that Baker St Cafe - Thai Kitchen & Bubble Tea, a family-run restaurant in McMinnville, Oregon, is utilizing Square's unified commerce platform to power its standing as one of the town's most beloved dining destinations. In the two years since its founding, Baker St Cafe has established a strong local reputation enabling it to serve 1 in 7 residents* of McMinnville, and secured the Thai SELECT certification, a di.
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DISTRIBUTED-WORK-MODEL/OAKLAND, Calif.--(BUSINESS WIRE)--Cash App today announced the general availability of Afterpay on Cash App Card, bringing Buy Now, Pay Later to eligible Cash App Card customers.1 The launch marks the full commercial realization of a product built for a new kind of American earner: one whose income doesn't arrive on a fixed schedule, whose financial needs extend well beyond a merchant's checkout, and who has long been underserved by a traditional financial system that was.
Block, Inc. (XYZ) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, XYZ's 50-day simple moving average crossed above its 200-day simple moving average, known as a "golden cross.
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PGY, MOV, YPF and XYZ stand out on relative price strength as the S&P 500 hits records.
XYZ's Cash App banking push pays off as PBAs, inflows and lending rise, deepening engagement across its financial ecosystem.
XYZ's Cash App and Square fuel strong growth, while UPST's AI-driven lending and rapid loan expansion intensify the fintech battle.
Cash App is rolling out its stablecoin payment feature. “Stablecoin send and receive is now available for all eligible customers on Cash App,” the Block-owned company said in a Wednesday (May 27) press release.
On May 27, 2026, Block Inc (XYZ) shares rose 3.2% today to a price of $71.42. This price is situated within a 52-week range of $48.21 to $82.50, reflecting a si
It has become a pattern. A public company lays off employees and says it has found new efficiencies due to AI. Its stock trades higher immediately. This happened yesterday. The job loss count was modest. Groupon (NASDAQ: GRPN) cut 400 people, but the cut was high relative to its overall employee count. It employs a... Another Company Trades AI Layoffs For Stock Price
XYZ's Square is likely to power Magnolia Soap & Bath Co.'s operations across 50+ locations, boosting franchise oversight, customer engagement and retail efficiency.
DISTRIBUTED-WORKFORCE/OAKLAND, Calif.--(BUSINESS WIRE)--Magnolia Soap & Bath Co., the fast-growing, clean personal care franchise, has selected Square as its unified commerce platform powering more than 50 locations across 17 states. As the brand continues its national expansion, Magnolia Soap & Bath Co. is investing in modern, scalable infrastructure to support franchisee success, maintain brand consistency, and deliver the immersive in-store experience that has defined the brand since.
XYZ's stock surges 24.9%, backed by strong Cash App growth, rising gross profit, and expanding BNPL and lending momentum.
XYZ's Square gains traction in restaurants and mid-market as new commerce tools and customer wins help drive payment volume and gross profit growth.
Visa, Affirm and Block highlight how fintech is remaking payments, lending and investing with AI, blockchain and digital wallets.
Block NYSE: XYZ, the company behind Square and Cash App, delivered a much stronger quarter than expected, raised full-year guidance, and showed that its aggressive restructuring might already be helping.
Block, Inc. (XYZ) Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference Transcript
DISTRIBUTED-WORKFORCE/OAKLAND, Calif.--(BUSINESS WIRE)--Square today announced that The Hat, a quick-service restaurant (QSR) beloved for its pastrami sandwiches for 75 years, has selected Square as its unified commerce platform. With Square's technology foundation now rolled out across The Hat's 11 locations in California, the brand is ready to embark on its first expansion out of state. This month, The Hat is opening its 12th restaurant in Las Vegas, Nevada, marking a new chapter of multi-loc.
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Block (XYZ 1.69%) captured headlines with a massive layoff announcement.
Jason Calacanis used Block (NYSE:XYZ | XYZ Price Prediction) as a case study on a recent This Week in Startups episode to argue that
MicroStrategy (NASDAQ:MSTR | MSTR Price Prediction), now operating as Strategy, is once again the loudest ticker in the room, riding a 55.97% one-month rally and a 12.79% weekly pop on the back of yet another bitcoin treasury announcement.
XYZ's strong Q1, rising EPS and boosted 2026 outlook highlight momentum, but rising costs, net loss and stiff competition cloud the stock's path forward.
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Shares of PayPal Holdings (NASDAQ:PYPL | PYPL Price Prediction) picked up another cautious analyst signal on Tuesday, as Truist lowered its price target to $44 from $45 while maintaining a Sell rating.
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XYZ launches Square for Drive-Thru, helping QSRs boost order accuracy, speed service and simplify operations.
The AI boom is building fences around labor, capital, and power. Investors need to know who owns the gates.
Block Inc (NYSE:SQ) is beginning to silence investor skepticism around its sweeping workforce reduction, with Bank of America raising its earnings estimates and reaffirming its Buy rating following the payments company's latest quarterly results. The Wall Street bank bumped its adjusted EPS estimate to $5.37 from $5.07 and maintained its $100 price objective, citing early evidence that Block's structural reset (which included a roughly 40% cut to its workforce) is translating into measurable gains in efficiency, margins, and operating cadence.
DISTRIBUTED-WORKFORCE/OAKLAND, Calif.--(BUSINESS WIRE)--Square today unveiled Square for Drive-Thru, a fully integrated solution that brings together order capture, kitchen operations, and customer handoff into a single, streamlined workflow. Built in partnership with The Howard Company and Nanonation, Square for Drive-Thru is purpose-built to help quick-service restaurant (QSR) operators with one of their most critical sales channels – enabling them to reduce bottlenecks, minimize errors, and.
HO CHI MINH CITY, Vietnam--(BUSINESS WIRE)-- #BlockBlast--Block Blast! completed its first Vietnam offline experience at GameVerse Vietnam 2026 from May 8–9.
Block is a fintech leader demonstrating accelerating growth and operational efficiency, with Q1 gross profit up 27% YoY and adjusted EPS up 52%. 2026 guidance was raised: gross profit growth to 19%, adjusted operating margin to 27%, and adjusted EPS growth to 62%, all signaling robust forward momentum. Cash App is the primary growth engine, outpacing Square, with new partnerships like Uber expected to drive further user engagement and revenue.
I'm upgrading Block to a Buy after Q1 earnings, reversing my November skepticism, on Cash App's stronger-than-expected growth and Dorsey's company-wide AI restructuring bet. Block beat on non-GAAP EPS and revenue, with adjusted EBITDA crossing $1B for the first time, but posted a sharp net income loss tied to layoffs. Cash App is the standout: primary banking actives grew 18% YoY to 9.7M, and inflows per active rose 10%, driven by direct deposit capture.
CNBC's MacKenzie Sigalos reports the latest news on Block's earnings.
CNBC's MacKenzie Sigalos has a look at Block's latest earnings report after its AI-driven layoffs.
Block's earnings were impressive, but the most important part could be its future AI potential.
XYZ posts 52% EPS growth as Cash App lending and commerce fuel profit gains, prompting it to raise the 2026 outlook.
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 $0.68.
Block Inc (NYSE:XYZ) on Thursday reported better-than-expected first-quarter earnings and issued FY26 adjusted EPS guidance above estimates.
Stock futures are gaining ground Friday, while oil prices are holding steady amid uncertainty over the state of the ceasefire in Iran; the nonfarm payrolls report is expected to show that job growth slowed in April, as the economy faces risks including high gas prices caused by the war; Cloudflare shares are tumbling despite strong earnings as the company announced plans to cut about one-fifth of its workforce; shares of CoreWeave are also lower after the cloud computing provider posted a larger-than-expected loss for the first quarter; and Block shares are rising after the CashApp and Square parent topped Wall Street earnings estimates and lifted its profit forecast. Here's what you need to know today.
Shares rise after the fintech company's results signal to investors that it is chugging along just fine despite mass layoffs.
Block's first-quarter earnings report was the company's first since its sweeping organizational restructuring and staff reductions earlier this year, and management used the call to highlight accelerating toward artificial intelligence-driven automation, embedded financial services and tighter connections between Cash App consumers and Square merchants.
Block (XYZ) came out with quarterly earnings of $0.85 per share, beating the Zacks Consensus Estimate of $0.68 per share. This compares to earnings of $0.56 per share a year ago.
The headline numbers for Block (XYZ) give insight into how the company performed in the quarter ended March 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Block Inc. (NYSE:XYZ) posted its first-quarter results after Thursday's closing bell, blowing past analysts' earnings expectations. Here's a look at the details inside the report.
The fintech company now expects adjusted earnings of $3.85 a share this year, a 62% uplift from 2025.
100% of Block employees now use AI at work, three months after the company's eye-popping mass-layoff announcement.
DISTRIBUTED-WORK-MODEL/OAKLAND, Calif.--(BUSINESS WIRE)--Block, Inc. (NYSE: XYZ) has posted its results for the first quarter of 2026 on the Financials section of its Investor Relations website at investors.block.xyz. Block will host a conference call and earnings webcast at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time today to discuss these financial results. To register to participate in the conference call, please visit the Events & Presentations section of Block's Investor Relations.
XYZ gears up for Q1 earnings with rising revenue and EPS expectations, even as consensus bitcoin revenue dips and analyst sentiment weakens.
Shareholders are encouraged to contact the firm to discuss their rights and options at no cost or obligation. We would handle any matter on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses.
Looking beyond Wall Street's top-and-bottom-line estimate forecasts for Block (XYZ), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended March 2026.
An Italian court rejected a request by state lender Cassa Depositi e Prestiti to block the reappointment of Fabrizio Testa as chief executive of the Milan Stock Exchange, two sources familiar with the matter said on Monday.
Some companies are simply in the right place at the right time with the right service or product. Eventually, their stocks will reflect this reality.
The wave of layoffs that made their way through the tech sector has raised a lot of questions. Most notably, what's the cause of the latest wave of cuts? Some would argue that a correction from overhiring during the COVID days is to blame, while others might point the finger at the rise of generative... The Latest Tech Layoffs Look Less Cyclical and More Like the First Wave of AI‑Driven Efficiency
