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The Latest Breaking News from Block

Dow Jones Rises After Jobs Report; Carl Icahn Stock Crashes 30% On Dividend Cut

The Dow Jones Industrial Average rose 190 points Friday after the July jobs report. Amazon surged on strong earnings, while Apple stock sold off. Icahn Enterprises crashed.

Investors Business Daily

Dow Jones Futures Await Jobs Report; Amazon Soars On Earnings, AI Outlook As Apple Falls

Indexes resisted further selling despite soaring yields. Apple falls on iPhone sales late. The jobs report looms.

Investors Business Daily

Square Earnings Top Estimates, Business Trends Pressure Stock

Block reported second-quarter earnings that topped estimates as the consumer Cash App business turned in a strong quarter.

Investors Business Daily

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The Block’s Golden Girl Shelley Craft Just Revealed Which Couple She Thought Was An ‘F-ing’ Disaster

“That is the worst team that there is.”

Pedestrian.tv

SQ Stock Looks To Squash Summertime Blues With Fresh Breakout

With BNPL leader Afterpay under the Block umbrella and 122% EPS growth under its belt, SQ stock looks for a new breakout to pay off.

Investors Business Daily

Block Stock Scores Relative Strength Upgrade

A Relative Strength Rating upgrade for Block shows improving technical performance.

Investors Business Daily

Block Stock Getting Closer To Key Technical Measure

A Relative Strength Rating upgrade for Block shows improving technical performance. Will it continue?

Investors Business Daily

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This Cathie Wood Stock Is Outperforming Even Tesla

Cathie Wood has bet big on 10 stocks. Tesla stock has more than doubled in 2023, but it's not the strongest performer among Ark Invest's major holdings.

Investors Business Daily

Job card-Aadhaar mismatch | A missing letter means no work for MGNREGS workers in Odisha

A mismatch between names on the MNREGS jobcards and Aadhaar card — A missing alphabet or a differently spelt name — is enough to push MGNREGS workers in Odisha to migrate to earn a living

The Hindu

Block to open public beta of self-custody wallet and integrate it with Coinbase and Cash App

Bitkey is part of the payments firm’s larger bet on the staying power of Bitcoin and Web3.

Fortune

'I was drinking and taking drugs every day before being rescued from a motorway bridge - now I'm in the best place of my life'

War veteran Richard suffered trauma from a young age

Manchester Evening News

Strike expands Bitcoin payments to 65 countries, moves global headquarters to El Salvador

The Jack-Mallers led Lightning app says it can now support nearly 3 billion people globally.

Fortune

Channel Seven builds Dream Home to rival The Block

Seven has confirmed a new renovation show, Dream House. But the creator of Nine's show, The Block, isn't afraid of the potential competition.

The New Daily

Judge nixes Block shareholder suit over online music deal

A Delaware judge has dismissed a shareholder lawsuit against financial technology company Block Inc. over its 2021 acquisition of majority ownership in a music streaming service partly owned by rapper Jay-Z

The Independent UK

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Investors Business Daily

Dow Jones Surges 450 Points On Strong Jobs Report. AAPL Stock Jumps On Earnings.

The Dow Jones rallied 450 points on a strong April jobs report. AAPL stock jumped, while Carvana, DraftKings and Square were other key earnings movers.

Fortune

Cash App’s quarterly Bitcoin sales approach $2.2 billion, up 25% year over year

The increase in Bitcoin sales is a reverse from the prior quarter.

Investors Business Daily

Square Earnings Top Estimates Amid Cash App Growth Controversy

Square reported first-quarter results that topped Wall Street targets as the company's gross profit came in above expectations.

Fortune

Short-seller Hindenburg accuses corporate raider Carl Icahn of a “ponzi-like” corporate setup

Hindenburg claims Icahn’s exchange-listed investment vehicle lures small amateur investors with an excessively generous dividend funded by issuing $1.7 billion in new shares since 2019.

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Fortune

Jack Dorsey is the hero that crypto needs right now

Elon Musk is a favorite of many crypto fans, but Jack Dorsey is a much better choice.

Tom’s Hardware

Intel Discontinues Bitcoin-Mining Blockscale Chips, No Future Gens Announced

Intel released a bulletin that announces it is ending production of all of its known bitcoin-mining Blockscale ASICs.

Fortune

Block partners with African crypto exchange Yellow Card

The maker of Cash App continues to double down on its investments in payment infrastructure outside the U.S.

The Independent UK

Bob Lee: Police say it’s ‘too early’ to tell if Cash App founder’s fatal stabbing was a random attack

San Francisco police chief William Scott says he is ‘100 per cent confident’ brutal murder of tech executive will be solved

The Independent UK

Bob Lee: A genius tech visionary killed in a ‘horrifying act of violence’

Bob Lee’s creations helped to change the world. In touching online eulogies, friends say his work as a software developer and digital payment pioneer was only part of his brilliance. Bevan Hurley reports.

The Independent UK

Bob Lee: Shocking video appears to show onlookers ignore dying Cash App founder as he begs for help

Surveillance footage appears to show the fatally wounded tech entrepreneur seeking help in his final moments

The New Daily

Controversy swamps The Block amid housing crisis

Controversy surrounds this season of Nine's The Block amid current housing crisis, angry neighbours, and a surprise critic.

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