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Block, Inc., together with its subsidiaries, creates tools that enables sellers to accept card payments and provides reporting and analytics, and next-day settlement.
It provides hardware products, including Magstripe reader, which enables swiped transactions of magnetic stripe cards; Contactless and chip reader that accepts Europay, MasterCard, and Visa (EMV) chip cards and Near Field Communication payments; Square Stand, which enables an iPad to be used as a payment terminal or full point of sale solution; Square Register that combines its hardware, point-of-sale software, and payments technology; Square Terminal, a payments device and receipt printer to replace traditional keypad terminals, which accepts tap, dip, and swipe payments. The company also offers various software products, including Square Point of Sale; Square Appointments; Square for Retail; Square for Restaurants; Square Online and Square Online Checkout; Square Invoices; Square Virtual Terminal; Square Team Management; Square Contracts; Square Loyalty, Marketing, and Gift Cards; and Square Dashboard. In addition, it offers a developer platform, which includes application programming interfaces and software development kits. Further, the company provides Cash App, which enables to send, spend, and store money; and Weebly that offers customers website hosting and domain name registration solutions. It serves in the United States, Canada, Japan, Australia, Ireland, France, Spain, and the United Kingdom. The company was formerly known as Square, Inc. and changed its name to Block, Inc. in December 2021. Block, Inc. was incorporated in 2009 and is based in San Francisco, California.
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DISTRIBUTED LOCATION/OAKLAND, Calif.--(BUSINESS WIRE)--Birch Coffee, one of New York City's most beloved independent coffee brands, has opened its twelfth location powered by Square's unified commerce platform. Built on a hospitality-first ethos and a commitment to driving neighborhood connection, Birch Coffee is steadily scaling by leveraging Square to simplify operations, empower frontline teams, and deliver a consistent customer experience at every location. Birch Coffee's origin story is on.
Block is initiated with a "Buy" rating, highlighting a compelling entry point after a 25% decline from 2025 highs. I see Block positioned to benefit from AI trends and a major cost-cutting initiative, including a high-profile layoff of nearly half its staff. Cash App now contributes 61% of FY25 gross profit, reflecting Block's successful pivot toward digital neobanking.
DISTRIBUTED-WORK-MODEL/OAKLAND, Calif.--(BUSINESS WIRE)--Block, Inc. (NYSE: XYZ) will release financial results for the first quarter of 2026 on Thursday, May 7, 2026, after market close. Block will also host a conference call and earnings webcast at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time on the same day to discuss these results. To register to participate in the conference call, or to listen to the live audio webcast, please visit the Events & Presentations section of Block's Inve.
Block (XYZ) possesses solid growth attributes, which could help it handily outperform the market.
Cache Advisors LLC lowered its stake in Block, Inc. (NYSE: XYZ) by 66.7% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 7,830 shares of the technology company's stock after selling 15,705 shares during the quarter. Cache Advisors LLC's holdings in Block
Block (NYSE:XYZ) stock is surging today, up roughly 6% in Wednesday trading after a confluence of catalysts reignited investor enthusiasm.
XYZ's Square powers GOLFTEC across 200+ locations, delivering efficiency gains, cost savings and seamless commerce to boost enterprise adoption.
XYZ's Cash App rolls out pay-over-time for P2P transfers, letting customers split everyday payments into installments with transparent fees and flexible repayment options.
One of the most successful investors, Peter Lynch is known for managing a fund at Fidelity Investments and delivering exceptional results.
DISTRIBUTED-WORKFORCE/OAKLAND, Calif.--(BUSINESS WIRE)--Square today announced that GOLFTEC, the world's largest provider of golf lessons and premium club fittings, has selected Square to power its payments and commerce infrastructure across 200+ US locations. Built on more than 30 years of precision coaching and cutting-edge swing technology, GOLFTEC chose Square for its ability to seamlessly connect in-center and online commerce operations, bringing the same data-driven standard to its busine.
Apple has delisted the Bitchat messaging service from China's App Store on orders from authorities, Block Inc. CEO Jack Dorsey revealed on Sunday, April 5.
A massive AI wealth transfer may already be underway as tech companies enclose the infrastructure of the AI economy.
DISTRIBUTED-WORKFORCE/OAKLAND, Calif.--(BUSINESS WIRE)--Square today announced the global launch of Square Restaurant Inventory by MarketMan, an integration offering AI-driven ingredient and recipe management directly within the Square platform. By unifying front-of-house sales with back-of-house purchasing and food cost intelligence, the innovative solution provides restaurants with real-time visibility into ingredient usage across locations. Sellers are further equipped with automated purchas.
DISTRIBUTED WORKFORCE/OAKLAND, Calif.--(BUSINESS WIRE)--Cash App announced today a first-of-its-kind feature that allows customers to convert peer-to-peer (P2P) money transfers into installment plans, becoming the first major U.S. finance app to bring pay-over-time flexibility to everyday money movement. Whether splitting utilities, covering everyday necessities, or sending money to family, customers can now spread the cost of P2P payments over time, giving them greater control over their cash.
Jack Dorsey and Roelof Botha outlined Block's AI future one month after its sweeping 40% layoffs. The company will have three types of roles, they wrote.
