Block, Inc. shares rise 8.65% in premarket after raising full-year profit and revenue forecasts, and CEO Jack Dorsey announces AI-driven product acceleration.

Block, Inc. surged 8.65% in premarket trading, with the company raising its full-year adjusted operating profit forecast to $20.3 billion and its full-year gross profit forecast to $101.7 billion. Additionally, the company reported a 14% year-over-year increase in gross profit for the second quarter of 2025, exceeding expectations. CEO Jack Dorsey also announced that AI is accelerating product releases, boosting the company's strategic confidence.