Block Raises Full-Year Profit Outlook as Cash App Powers Strong Q3 Growth
Block posted 22% gross profit growth in Q3, raised its annual outlook, and continues expanding AI tools across Cash App and Square.
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Block posted 22% gross profit growth in Q3, raised its annual outlook, and continues expanding AI tools across Cash App and Square.
DAUs rose 29% to 64.9M as product experiments and partnerships drove reacceleration. Beats on revenue and bookings plus raised guidance fueled a relief rally.
Data Center revenue hit a record $8.5B (+97%) for AMD in Q3 2026. Company guided ~$17B for Q4, above estimates.
Supermicro reported $19.9B in Q1 revenue and $1.81 non-GAAP EPS, then lifted its FY27 outlook, sending shares higher.
Stronger Q3 results and robust demand led Ferrari to lift its full-year EBITDA and revenue forecasts. Order book extends to 2028.