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

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 ba

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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 business. For its fiscal 2026 first quarter that ended on March 31, Block reported adjusted […] The post Block raises 2026 outlook after first-quarter earnings beat, accelerating gross profit growth appeared first on SiliconANGLE.

Source: SiliconANGLE | 2026-05-07

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