Why did SQ stock today move on the news?

Investors rewarded a clearer earnings path. Block announced about 4,000 layoffs tied to an AI overhaul, set a 2026 EPS target of $3.66 that beat estimates, and accepted near-term restructuring charges. Markets often price durable margin expansion ahead of results, so credible guidance with cost actions can lift sentiment quickly.

How do the restructuring charges affect results?

The $450–$500 million in Q1 restructuring charges will weigh on near-term GAAP results. These items are largely one-time and relate to severance, facilities, and systems. Investors are focusing on ongoing cost savings and the 2026 earnings run rate, which should matter more for valuation if execution meets plan.

Is the 2026 EPS guidance of $3.66 realistic?

It is plausible if Block sustains monetisation in Cash App and seller ecosystems while lowering unit costs through AI. Key checkpoints include Opex run-rate reductions, fraud-loss trends, and customer retention. If those metrics improve each quarter, the guidance gains credibility. If not, the market may discount it.

What should Singapore investors consider before buying SQ stock today?

Trade in USD via a U.S.-enabled broker, account for SGD to USD conversion costs, and expect T+1 settlement. Position size modestly due to execution and regulatory risks in payments. Consider staged entries around earnings updates and monitor Opex, gross profit per employee, and fraud metrics to validate the AI transition.

Global Market Insights

SQ Stock Today: February 28 — AI Overhaul, EPS Guide Outweigh Charges

ByDanny Kontos February 28, 2026February 28, 2026

SQ stock today is in focus after Block, Inc. (SQ) outlined an AI-driven overhaul with about 4,000 job cuts, in-line Q4, and a 2026 EPS guidance of $3.66 that topped estimates. Management also projected $450–$500 million in Q1 restructuring charges. For Singapore investors trading U.S. equities in USD, the headline is simple. Markets are rewarding clearer earnings power and leaner costs, while weighing near-term GAAP noise. We break down what matters and how to position around this pivot.