Isabelle Lee / Bloomberg:

Block reports Q1 revenue up 5% YoY to $6.1B, vs. $5.9B est., and raises its 2026 gross profit forecast above estimates; XYZ jumps 7%+ after hours  —  Block Inc. offered a sunnier outlook for profits and growth on Thursday after orchestrating a severe round of job cuts related to artificial intelligence …

Isabelle Lee / Bloomberg:

Block reports Q1 revenue up 5% YoY to $6.1B, vs. $5.9B est., and raises its 2026 gross profit forecast above estimates; XYZ jumps 7%+ after hours  —  Block Inc. offered a sunnier outlook for profits and growth on Thursday after orchestrating a severe round of job cuts related to artificial intelligence …

Source: TechMeme
Source Link: https://www.techmeme.com/260507/p47#a260507p47