Block's latest strategic decision is fueling fears that people might have about an AI doom scenario. Shareholders appear to be more bullish, as analysts expect adjusted diluted earnings per share to ...

In late 2022, when ChatGPT was first blowing everyone's minds, Kenji didn't really get it. Sure, it did some pretty cool things. But so had plenty of other generative AI models he'd tinkered with over ...

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Financial tech firm Block’s stock surged as much as 20% in Friday trading after its billionaire CEO Jack Dorsey revealed plans for sweeping layoffs and a full embrace of AI tools. Dorsey, best known ...

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 ...

Jack Dorsey believes A.I. will force most companies to rethink headcount, and he’s acting before the market does. MARCO BELLO/AFP via Getty Images Block, the parent company of Square and Cash App, has ...

Want more stock market and economic analysis from Phil Rosen directly in your inbox? Subscribe to Opening Bell Daily’s newsletter. Wall Street is excited for Block to move forward with fewer humans ...

Block, the company behind Square, Cash App and Afterpay, is cutting its staff by 40%. The reason: “intelligence tools,” according to a letter to shareholders by co-founder Jack Dorsey. Dorsey thinks ...

What started as a bidding war for Warner Bros. Discovery became an unconditional surrender Thursday. Netflix had a deal in place for a couple of months, but Paramount, under the direction of MAGA heir ...

Block, the parent company of Square and the Cash App, is conducting a major reorganization in the age of artificial intelligence, and investors are rewarding the move. The payment-technology company ...

Block Inc. (Nasdaq: XYZ), Jack Dorsey's Bitcoin-centric fintech company reported the financial results for Q4 2025 on Feb. 26. The company generated adjusted earnings per share (EPS) of $0.65 on ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Block, the parent of mobile ...