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Block's Bitcoin profit drops 31% as it cuts fees to boost user growth in Q2 2026

Market News
06 Aug 2026
CrowdFundInsider
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Neutral
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Block reported a 31% decline in Bitcoin Ecosystem gross profit to $72 million in Q2 2026, driven by fee cuts on Bitcoin transactions via Cash App and weaker market activity. Despite this, total gross profit rose 25% to $3.17 billion, with strong growth in Cash App and Square segments. Net income fell sharply due to an $88.5 million unrealized loss on Bitcoin holdings, but adjusted earnings per share increased 65%. Block raised its full-year outlook, expecting 21% gross profit growth, signaling confidence in its broader payment and lending businesses despite Bitcoin challenges.

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Dogfish Head hosts NYC's Dog & Owner Lookalike Contest with prizes and celebrity judges on National Dog Day.

Dogfish Head hosts NYC's Dog & Owner Lookalike Contest with prizes and celebrity judges on National Dog Day.

Dogfish Head Craft Brewery is hosting its first Dog & Owner Lookalike Contest on August 26, 2026, in Brooklyn, NYC, to celebrate National Dog Day. The free event invites dog owners to showcase their resemblance to their pets, judged by celebrities in...

Others
Bullish
55 minutes ago
Klépierre releases its first-half 2026 financial report, highlighting its strong market position in European retail.

Klépierre releases its first-half 2026 financial report, highlighting its strong market position in European retail.

Klépierre, a leading European shopping mall operator, published its first-half 2026 financial report on August 6, 2026. The report is accessible on the company's website and details the performance of its €21.8 billion portfolio across more than 10 c...

Company Fundamentals
Neutral
58 minutes ago
Klépierre releases its 2026 half-year financial report, highlighting its strong European retail property portfolio.

Klépierre releases its 2026 half-year financial report, highlighting its strong European retail property portfolio.

Klépierre has published its 2026 half-year financial report, available on its website and filed with the French financial regulator. The report details the company's portfolio valued at €21.8 billion as of June 30, 2026, which includes major shopping...

Company Fundamentals
Neutral
58 minutes ago
Euronext reports July 2026 trading volumes across European markets.

Euronext reports July 2026 trading volumes across European markets.

Euronext announced its trading volumes for July 2026, covering multiple European exchanges including Amsterdam, Paris, Milan, and others. The update reflects Euronext's role as a leading capital market infrastructure in Europe, hosting over 1,800 lis...

Market News
Neutral
1 hour ago
Thomson Reuters beats Q2 earnings estimates, boosts AI focus and shareholder returns.

Thomson Reuters beats Q2 earnings estimates, boosts AI focus and shareholder returns.

Thomson Reuters reported stronger-than-expected Q2 2026 earnings of $0.99 per share, surpassing analyst estimates by 3.13%, with revenues growing 9% to $1.95 billion. The company increased its revenue targets and returned significant capital to share...

Company Fundamentals
Bullish
1 hour ago
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