Block’s AI Push Drives Record Profits | Business and Finance News

Block, formerly Square, is soaring with its latest earnings—raising full-year guidance and hitting record profitability—with a 25% year-over-year jump in gross profit. Cash App alone surged 31%, fueled by rising engagement with new tools like Tags and Afterpay Pre-Purchase. The company’s big bet? AI-powered platforms like Buzz to supercharge productivity across its ecosystem. By deepening integration between Square for sellers and Cash App for users, Block is building a smarter, more connected economy—and it’s just getting started. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/d87408f1c22ccd02