Latest Block News & Updates

See the latest news and media coverage for Block. We track all announcements, press releases, and industry mentions in real time, all in one place.

Block

Technology for economic empowerment

block.xyz

Headquarters: Oakland, United States
Company type: Public company
Number of employees: 10,000+

Last updated Today

Latest news about Block

In short: Block restructured its operations around AI-driven models, resulting in 4,000 job cuts while raising its profit outlook and expanding Square Banking.

Company announcements

June 17 Block

Block rolls out Builderbot, a new suite of AI-native tools

Builderbot coordinates AI agents across Block's codebase inside Slack, handling tasks from bug fixes to new features.

June 12 Block

Block announces 3.50% APY high yield savings for Square sellers

Sellers with $10,000 or more automatically earn the higher rate, aiming to grow deposits and support lending.

June 4 Block

Block's Tidal launches direct-to-fan sales powered by Square

Independent artists can sell music directly to fans, keeping 90% of sales, with Square processing.

June 2 Block

Block brings BNPL to every Cash App Card purchase

The integration allows pay-over-time for groceries, gas, and utilities, targeting variable-income earners. It uses real-time underwriting and a flat 7.5% finance fee.

Media coverage

Today TechCrunch

The running list: major tech layoffs in 2026 where employers cited AI

A running look — in reverse chronological order — at the bigger tech companies that have announced significant layoffs this year with AI as a stated factor.

June 19 Yahoo Finance

Block (XYZ) Stock Could Be 23% Below Fair Value After Square Client Wins

Recent client wins are putting Block (XYZ) back in focus for investors, as Sofive Soccer Centers and...

June 15 MarketBeat

Block (NYSE:XYZ) Director Anthony Mathew Eisen Sells 6,000 Shares of Stock

Block, Inc. (NYSE:XYZ - Get Free Report) Director Anthony Mathew Eisen sold 6,000 shares of Block stock in a transaction on Wednesday, June 17th. The...

June 12 Seeking Alpha

Block: Discounted Valuations Meet Renewed Growth Prospects - Reiterate Buy

Block (XYZ) stock analysis: strong FQ1'26 results, raised FY2026 guidance, AI-driven growth, and low P/E/PEG signal upside to $96.40—click to read more.

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