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 ...

Block shares were on track for their second-worst day, plunging more than 20% after a brutal quarterly report and a wave of analyst downgrades. Analysts flagged fresh concerns around stagnant Cash App ...

Shares of payment services company Block jumped 19% in premarket trading Friday after rising nearly 25% on Thursday afternoon. The moves came after after it said it was cutting 4,000 workers, or 40% ...

Shares of Block tumbled 11% in after hours trading on Thursday following the company's third quarter earnings report that missed analysts expectations for revenue and net income. Processing Content ...

Block has laid off 931 workers, which make up around eight percent of its entire staff, according to TechCrunch and The Guardian. The publications have viewed an email, wherein the financial ...

While firms like Tesla are already in the S&P 500, VanEck’s Matthew Sigel says Block may become the first company in the index with an “explicit strategy” for accumulating Bitcoin. Financial services ...

Block Inc. gained 9% in pre-market trading following its S&P 500 inclusion announcement. While the fintech company presents a mixed investment profile with strong balance sheet metrics offset by ...

H&R Block's DIY tax-filing platform has garnered a huge following for its straightforwardness and affordability. The easy-to-use interface prompts users with questions to determine which tier is right ...

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, ...