Block stock price dips in premarket after AI-layoff rally — what traders watch next
Block dropped 3.3% to $61.57 ahead of the bell Monday, cooling off after it jumped 16.8% the day before on unusually high trading volume.

Block lifted its 2026 adjusted operating income forecast by $130 million and raised its gross profit outlook by $180 million. That equates to 72 cents in additional operating income for every incremental dollar of gross profit, according to a straightforward comparison to its May guidance.