XYZ News
3 R40 articles on Block, Inc. (XYZ). Latest, Sep 9, 2026: Block Already Custodies Its Customers' Bitcoin for Free. Its New Bank Is Not for Them.
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Block Already Custodies Its Customers' Bitcoin for Free. Its New Bank Is Not for Them.
Block applied to charter Builders Bank for bitcoin custody. It already holds that bitcoin free: a $1.41bn book, worth $3.5M a year at a named fund's fee.
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Block's Rule of 40 Says 20. Its Gross Profit Grew 25%. Only One of Those Describes the Business.
Block Q2: net revenue $6.62B up 9.4%, gross profit $3.17B up 25%, a record 27% adjusted operating margin, adjusted EPS $1.02. The score reads the wrong line.
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Block (XYZ): The AI-Efficiency Rebound Faces Its Next Test on August 5
Block has erased a 39% drawdown in five months on an AI-driven efficiency story — profit growing twice as fast as gross profit after Jack Dorsey's early-2026 layoffs. Q2 2026 earnings, expected around August 5, are the next checkpoint.
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