Block's stock surged 19% after strong Q4 results and raised guidance, despite cutting 4,000 jobs (40% of its workforce). The company attributes these layoffs to AI tools, aiming for a leaner, ...

On the Cash App side, the company's Moneybot tool finds patterns like forgotten subscriptions or spending drift and helps ...

Block is rated hold as it navigates a complex transition toward an autonomous economic platform, with execution risks tempering upside. Despite a $5B stock buyback and GAAP profitability, XYZ's ...

It was the combination of "layoffs" and "artificial intelligence" that stoked broader concern for an AI-driven shock to the labor market, leaving many to wonder whether Jack Dorsey's payments company ...

Block announced it will lay off 40% of its workforce as it shifts focus toward expanding its use of artificial intelligence. CEO Jack Dorsey said the company remains financially strong but believes AI ...

Jack Dorsey is one of the most consequential entrepreneurs of his generation. When someone with that track record says A.I. is about to reshape every company in America, and then proves he means it by ...

Payments company Block announced it’s laying off 40% of its staff. According to Chairman and founder Jack Dorsey: “This decision comes from a position of strength. Intelligence tools have changed what ...

On November 19, Block Inc. held its first Investor Day in three years. Jack Dorsey, the company’s cofounder, chief executive, and “Block Head,” took to the stage and summarily posed what many ...

Block (XYZ) announced on Thursday that it's slashing its headcount by more than 40% because intelligent technology means fewer people can do more. The company's stock jumped 24% with the news. Block ...

PayPal Holdings PYPL and Block XYZ remain key players in the fintech industry. Both companies continue to transform digital payments and commerce, though their strategies differ: PayPal leverages its ...

Block had a tough 2025. The fintech company seeks to make an “everything financial app” for customers. The key word in 2026 for Block will be execution. Before looking ahead, let's start with where ...