Breaking: Jack Dorsey’s Block Stock Rally 8% After Phenomenal Q3 Earnings Beat

Jack Dorsey’s Block Inc. (NYSE: XYZ) rose 8.1% in after-hours trading on Tuesday, November 3, as the payments company posted better-than-expected earnings for its third quarter and raised its annual financial outlook. The numbers were aided by higher profitability and more activity across Cash App and Square, as well as the company’s initial forecast for 2027.