The Latest Breaking News from Block

Block reported Q4 earnings and revenue that missed estimates. Square stock fell as investors mulled mixed results for key financial metrics.

March S&P 500 E-Mini futures (ESH25) are down -0.15%, and March Nasdaq 100 E-Mini futures (NQH25) are down -0.17% this morning as investors assess tariff and geopolitical risks, while also awaiting a raft of U.S. economic data, remarks from Federal Reserve officials, and an earnings report from retail giant Walmart.

Block created a new open-source team and launched Goose, an open-source AI agent.

Block will trade under the ticker XYZ starting on Jan. 21.

The Consumer Financial Protection Bureau announced the order on Thursday in the waning days of the Biden administration.

The U.S. Consumer Financial Protection Bureau found that Block, which is owned by Twitter founder, Jack Dorsey, failed to give adequate customer service–including the absence of live telephone agents–for customers to get assistance.

The Fortune 500 company aspires to offer economic empowerment.

Portelli and his company will contest charges over giveaways of properties from The Block TV show as well as other prizes

With its stock trading at less than half its 2021 value, the fintech company is looking to retain workers and boost morale.