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via wsj.comBusiness & Companies

Block Inc. profit rises as Square payment volume jumps

FROM THE WIRE · WSJ.COM

The owner of Cash App and Square reported third-quarter net income of $565.6 million, up from $461.5 million the year prior.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishRising profit and payment volumes are a positive signal for the Block stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Third-quarter net income was $565.6 million.
  2. 02It was $461.5 million the year before.
  3. 03The company owns Cash App and Square.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Block, Inc.SQStock83.46 USDMarket closedtoday +0.57%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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