Shares of Block (NASDAQ: SQ) are up 13% in after-hours trading to $76, data shows. Overall, Block reported its gross profit grew 22% yearly to $2.03 billion. Square generated a gross profit of $828 million, up 18% year over year, and Cash App generated a gross profit of $1.18 billion, up 25% year over year.
U.S. House’s McHenry Says Senate May Be Swayed if Many Democrats Back Crypto Bill
The thing to watch, he suggested, is if a lot of Democrats show up to support the bill.McHenry, who is...