Block’s results top expectations, but a few nitpicks weigh on the stock

1. Block's Square unit saw 12% growth in gross payment volume year-over-year. 2. Cash App's Q3 gross profit reached $1.62 billion, exceeding expectations. 3. Full-year gross profit forecast raised to $10.24 billion from $10.17 billion. 4. Despite strong quarterly results, Block's stock fell over 10% post-report. 5. AI tools enhanced product development and customer engagement at Block.