The S&P 500 Index ($SPX ) (SPY ) closed up +1.58% on Wednesday, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +3.03%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.91%.  December E-mini S&P futures (ESZ26 ) rose +1.60%, and December E-mini Nasdaq futures...

Stocks Surge on Midterm Election Optimism

The S&P 500 Index ($SPX ) (SPY ) is up +1.44% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +2.42%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.15%.  December E-mini S&P futures (ESZ26 ) are up +1.56%, and December E-mini Nasdaq futures...

Stocks Sharply Higher as Democrats Retake Congress

The S&P 500 Index ($SPX ) (SPY ) is up +1.56% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +2.28%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.41%.  December E-mini S&P futures (ESZ26 ) are up +1.73%, and December E-mini Nasdaq futures...

Stocks Surge as Democrats Sweep Congress

In early trading on Wednesday, shares of Stanley Black & Decker topped the list of the day's best performing components of the S&P 500 index, trading up 13.2%.  Year to date, Stanley Black & Decker registers a 59.5% gain.

And the worst performing S&P 500 compone

S&P 500 Movers: FIS, SWK  

Block, Inc. announced its financial results for the third quarter ended September 30, 2026, reporting gross profit of $3.24 billion, representing 22% year-over-year growth. Cash App gross profit grew 27% year over year to $2.07B, while Square gross profit grew 14% year over year

Block, Inc. Reports Gross Profit of $3.24 billion for Third Quarter Ended September 30, 2026

Key PointsCompetition and saturation are finally limiting this company’s growth.

Should You Buy PayPal Stock at About 10 Times Its Expected 2026 Earnings?

Block, Inc., together with its subsidiaries, builds ecosystems focused on commerce and financial products and services in the United States and internationally. It operates through two segments: Square and Cash App. The Square segment offers managed payment services; software solutions; hardware products, such as registers, terminals, stands, and readers for contactless and chips; banking services consisting of lending, instant transfer, and checking and savings accounts; and full-service setup and support services. This segment also provides loyalty, marketing, team management, and payroll services; and gift cards. It also offers Square Handheld, a portable point-of sale device for transaction purposes. The Cash App segment offers financial tools, including peer-to-peer payments, bitcoin, and stock investment brokerage; Cash App Card, a debit card; Cash App Pay, mobile-friendly way for cash app customers to pay at merchants across online and in-person channels; direct deposit, stock brokerage, and tax preparation services; and Afterpay, a buy now, pay later platform. In addition, the company operates TIDAL, a platform for musicians and fans; TBD, an open developer platform focused on making the decentralized financial world accessible; Bitkey, a self-custody bitcoin wallet; and proto. The company was formerly known as Square, Inc. and changed its name to Block, Inc. in December 2021. Block, Inc. was incorporated in 2009 and is based in Oakland, California.

Block, Inc. News