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Sources: TBD Lab, a team under Meta Superintelligence Labs that houses many researchers poached from rival labs, is spearheading work on Llama's newest version (Meghan Bobrowsky/Wall Street Journal)

Meghan Bobrowsky / Wall Street Journal : Sources: TBD Lab, a team under Meta Superintelligence Labs that houses many researchers poached ...

7 August 2025

Block reports Q2 gross profit up 14% YoY to $2.54B, vs. $2.46B est., GPV up 10% to $64.25B, raises FY gross profit forecast to $10.17B; XYZ up 10%+ after hours (MacKenzie Sigalos/CNBC)

MacKenzie Sigalos / CNBC:
Block reports Q2 gross profit up 14% YoY to $2.54B, vs. $2.46B est., GPV up 10% to $64.25B, raises FY gross profit forecast to $10.17B; XYZ up 10%+ after hours  —  Block shares jumped in extended trading on Thursday after the fintech company increased its forecast for the year.

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