News

Block raises 2026 outlook after first-quarter earnings beat, accelerating gross profit growth

  • Duncan Riley--SiliconANGLE News
  • published date: 2026-05-07 23:17:56 UTC

Shares of Block Inc. rose more than 8% in late trading today after the financial services company beat earnings expectations, accelerated gross profit growth and raised its full-year outlook on the back of a deepening artificial intelligence push inside the b…

Shares of Block Inc. rose more than 8% in late trading today after the financial services company beat earnings expectations, accelerated gross profit growth and raised its full-year outlook on the b… [+4578 chars]