Block raises 2026 outlook on strong quarter, says AI touches nearly all code
CoinTelegraph·
60-second summary
Block raises its 2026 outlook after reporting a strong quarter, driven by cash-rich Cash App and Square, which delivered better-than-expected results. The company also expands its use of AI across software engineering, stating it now touches nearly all code, indicating significant technological advancements. This move is expected to boost efficiency and drive future growth.
Cash App and Square drove better-than-expected results, while the company said it expanded its use of AI across software engineering.