Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

SHOCKING: 4 - What They Never Told You

Fintech company Block lays off 4,000 of its 10,000 staff, citing gains from AI

Shares in the financial technology company Block have soared more than 20% in after-hours trading after its CEO announced it was laying off more than 4,000 of its 10,000 some employees due to efficiency gains from artificial intelligence

The Independent UK

Jack Dorsey fires nearly half the staff at Block as he goes fully in on AI

Block, which owns payment service Cash App, went from more than 10,000 employees to just under 6,000 Thursday

The Independent UK

Block, Inc. Stock: Is Wall Street Bullish or Bearish?

Block, Inc. has notably underperformed the broader market over the past year, but analysts are cautiously optimistic about the stock’s prospects.

Barchart

From analysis to the latest developments in health,
read the most diverse news in one place.

Earnings Preview: What to Expect From Block's Report

Block is ready to unveil its fiscal fourth-quarter earnings soon, and analysts project earnings in line with the year-ago quarter.

Barchart

Longtime Pittsburgh newspaper announces it’s ending operations after 240 years

The paper's DNA stretches back to the original Pittsburgh Gazette, founded in 1786

The Independent UK

Klarna partners with Coinbase to receive stablecoin funds from institutional investors

The buy-now-pay-later giant launched its own stablecoin in late November on a blockchain backed by Stripe and the VC firm Paradigm.

Fortune

A Visionary in Motion: How Sachin Malik Scales Businesses From Millions to Billions

The impact of Malik's work is unmistakable. Industry analysts point to his ability to bring both operational rigor and cultural insight to businesses expanding across continents.

International Business Times

Read news from The Economist, FT, and more,
with one subscription

Major AI rivals just co-founded a foundation for open source agent development — will the rest be on board with a playbook from OpenAI, Anthropic, and Block?

OpenAI, Anthropic, and Block recently co-founded a new open source organization called the Agentic AI Foundation designed to promote a clear path and standards for developing AI-powered agents.

Windows Central

Block, Inc. Stock: Is XYZ Underperforming the Technology Sector?

Block, Inc. has underperformed the technology sector over the past year. However, Wall Street analysts remain moderately bullish about its prospects.

Barchart

3 Stocks to Profit from the $1 Trillion Holiday Shopping Bonanza

Wall Street doesn’t officially have any sectors named after the end-of-year holidays, but don’t let that fool you.

Benzinga

Hims, Block, and NRG Just Launched Huge Stock Buybacks

Buyback capacity just got a big-time boost at Hims, Block, and NRG Energy. The three firms authorized more than $8 billion in buybacks combined.

MarketBeat

Block Banks On Cash App, AI, Buybacks For Its Next Act

Block, Inc. (XYZ) shares are trading higher on Thursday.

Benzinga

The Block Contestants Have Regained Access To Their IGs & There’s Already Controversy

"People can read between the lines."

Pedestrian.tv

Apparently The Tension Among The Block Cast Was ‘Impossible To Miss’ At A Recent Event

"After months of keeping the peace, they’ve clearly chosen their people."

Pedestrian.tv

Get all your
news in one place.

100's of premium titles.
One news app.

Benzinga

JPMorgan Remains Overweight On Block (XYZ): What Investors Need To Know

Block Inc (NYSE:XYZ) shares are trading marginally lower Friday morning, continuing to digest last week’s third-quarter earnings miss. Despite the recent pullback, J.P. Morgan reiterated its Overweight rating on the stock, citing a significant “step-up in product velocity” following the company’s inaugural Cash App Release. Here’s what investors need to…

International Business Times UK

Jack Dorsey's diVine Bets on Anti-AI Content—Can It Rescue Original Creators?

Jack Dorsey is working to reboot the popular short-form video-sharing app Vine and ban AI-generated content to cater to those seeking original material and support creators.

The Independent UK

Cash App's MoneyBot might know your spending habits better than you do

Cash App has introduced MoneyBot, a new financial services chatbot that will be integrated into its banking app this winter

Fortune

New Cash App features let users send and receive stablecoins, pay merchants in Bitcoin

Dorsey, who also cofounded Twitter, has long been a Bitcoin devotee.

Get all your
news in one place.

100's of premium titles.
One news app.

Benzinga

Gen Z, Millennials Emerge As Top Scam Targets: Block-Commissioned PYMNTS Report Finds

Younger, digital-first generations are now more likely to fall for scams than their parents or grandparents, according to a new report commissioned by Block Inc. (NYSE:XYZ) and conducted by PYMNTS Intelligence.

Kiplinger

Stocks Bounce But End With Big Weekly Losses: Stock Market Today

The stock market rout continued on Friday, but a late-day burst of buying power brought the main indexes off their session lows.

Benzinga

Block's Strong Quarter Overshadowed By Market Overreaction, Growth Story Remains Intact: Analyst

Block Inc (NYSE:XYZ) delivered a strong third quarter, even as investors reacted negatively to temporary headwinds tied to its new processing partner agreement. The company's solid performance was driven by robust growth across both its Cash App and Square businesses.

Benzinga

Block Inc To Hit 'Rule Of 40' By 2026 Despite $70 Million Party, Says JPMorgan

Block Inc.'s (NYSE:XYZ) third quarter may not have been as clean as investors hoped, but JPMorgan analyst Tien-tsin Huang isn't losing faith. The analyst called the third quarter results "not as straightforward as hoped, but still solid overall," and reaffirmed his Overweight rating on the stock with a $100 price…

Benzinga

Block CEO Jack Dorsey Says Company Has 'A Lot Of Hope' From Upcoming Square Bitcoin Payment Rollout, But Notes This 'Challenge'

Block Inc. (NYSE:SQ) CEO Jack Dorsey said Thursday that the company has high expectations for the upcoming launch of Bitcoin (CRYPTO: BTC) payments on its Square point-of-sale system.

Pedestrian.tv

The Block Cast Are Finally Scoring An Invite To The Logies After Being Snubbed Twice

"The Block earned its place back this year. The interest was huge again, viewers, press, memes, everything."

Barchart

Block stock: Analyst Estimates & Ratings

While Block stock has underperformed the broader market over the past year, analysts remain moderately bullish about its prospects.

1 … 3 4 5 6

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Read news from The Economist, FT, and more,
with one subscription

Topics

Artificial Intelligence

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.