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via reuters.comMarkets

Block lifts profit outlook on Cash App strength, reaches preliminary DOJ settlement

FROM THE WIRE · REUTERS.COM

Block lifts profit outlook on Cash App strength, reaches preliminary DOJ settlement

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishThe raised profit outlook and DOJ settlement can move the Block share price.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Block raised its profit outlook on Cash App strength.
  2. 02The company reached a preliminary settlement with the DOJ.
  3. 03The stock is listed under ticker SQ.
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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