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, ...

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 ...

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 ...

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 ...

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 ...

Is XYZ a good stock to buy? We came across a bullish thesis on Block, Inc. on PrimeTrading’s Substack by Alex. In this article, we will summarize the bulls’ thesis on XYZ. Block, Inc.’s share was ...

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 ...