Block’s stock pops after earnings, as its two financial engines reignite - MarketWatch
1. Block Inc. saw 14% growth in gross profit in Q2. 2. Gross profit of $2.54 billion exceeded analyst expectations. 3. Block's stock rose over 12% after positive Q2 results. 4. Cash App's gross profit increased 16% year-over-year to $1.50 billion. 5. Block raised its full-year gross profit outlook to $10.17 billion.