Block Inc (NYSE:SQ) shares added almost 6% after the financial technology firm outlined its three-year outlook during its 2025 Investor Day and announced a $5 billion increase to its share repurchase program. The company outlined plans for profitable growth and operating leverage through 2028, highlighting the scale of its ecosystems, including Cash App, Square, and Proto, alongside continued...
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 by $5 billion, adding to the $1.1 billion in remaining authorization as of Sept.
DISTRIBUTED-WORK-MODEL/OAKLAND, Calif.--(BUSINESS WIRE)--Block, Inc. (NYSE: XYZ) will share its three-year financial outlook during its previously announced 2025 Investor Day. The company will outline a plan for profitable growth and operating leverage over the next three years, reflecting the scale of its ecosystems, including Cash App, Square and Proto, as well as continued discipline in exec...
DISTRIBUTED-WORK-MODEL/OAKLAND, Calif.--(BUSINESS WIRE)--Today Cash App, a part of Block, Inc. (NYSE: XYZ), announced a pilot program that gives select customers visibility into their Cash App Score, a near real-time measure of a Cash App customer's financial health. The experience shows customers the score that informs their access to Cash App Borrow and empowers them to better understand how ...
Block (XYZ) stock has reached the sixth day of a consecutive downward trend, resulting in a total loss of -14% over this timeframe. The company has experienced a decline of approximately $5.6 billion in value during the past 6 days, with its current market capitalization standing at about $35 billion.
DISTRIBUTED-WORK-MODEL/OAKLAND, Calif.--(BUSINESS WIRE)--Block, Inc. (NYSE: XYZ) is hosting its 2025 Investor Day today, Wednesday, November 19, 2025, at 9:00 a.m. Pacific Time in San Francisco. During the event, senior leadership will present full-year 2026 financial guidance and a three-year financial outlook as well as a $5 billion increase to its stock repurchase program as part of the comp...
The idea that bitcoin could be used to buy a cup of coffee has been more ideological than practical since the very inception of blockchain. After all, bitcoin cannot become everyday money if spending it feels like filing paperwork, and under current U.S. tax law, digital assets are treated like investments.
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