Jack Dorsey-led Block announced plans to allocate 10% of profits from its Bitcoin products toward buying more of the cryptocurrency each month, its quarterly…
(Reuters) - Jack Dorsey-led Block posted a jump in first-quarter profit on Thursday as the payments firm benefited from resilient consumer spending and its own cost cuts. Adjusted net income rose to $542.9 million, or 85 cents per share, in the thr.
(Reuters) - Jack Dorsey-led Block on Thursday forecast adjusted core earnings for the current quarter above Wall Street estimates as the payments firm bets on continued consumer resilience and its cost-cutting measures. The company expects adjusted.
U.S. stock index futures paused for
breath on Friday after a stunning rally in the previous session,
spurred by upbeat results from AI poster child Nvidia that
renewed enthusiasm about artificial.