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At Close: May 12, 2025
Block Shares Surge 19% After Jack Dorsey Cuts Workforce Nearly In Half
09:50am, Friday, 27'th Feb 2026
11.7%. That's how much of the U.S. labor market could be replaced by AI, or about $1.2 trillion in wages across finance, health care and professional services, according to a study released in Novembe
Block shares soar as Dorsey leans on AI to trim workforce
08:31am, Friday, 27'th Feb 2026
Block shares soared more than 20% in premarket trading on Friday after it announced it would nearly halve its workforce as part of an overhaul to embed artificial intelligence tools across its operati
Block, Dorsey & the AI jobs debate
08:20am, Friday, 27'th Feb 2026
Shares in payments firm Block surged in extended trade, after the company announced plans to lay off almost half of its workforce. CEO Jack Dorsey pointed to AI, saying intelligence tools have "change
How Jack Dorsey Explained Cutting Almost Half of Block's Staff
07:44am, Friday, 27'th Feb 2026
The tech entrepreneur said companies need flatter structures and fewer employees to thrive in the AI era.
Block Is the Latest AI Scaremonger. Why Markets Must Stick to the Fundamentals.
06:54am, Friday, 27'th Feb 2026
Nvidia suffers worst day in almost a year, China gets relief from Trump's tariffs, Netflix calls it quits on Warner Bros. bidding war, and more news to start your day.
Opinion: Block's layoffs might just be the biggest story of a tumultuous week. Here's why
06:05am, Friday, 27'th Feb 2026
Block, Jack Dorsey's payments company, will cut 4,000 of its 10,000 workers as it embraces AI. CNBC's Steve Sedgwick says it's "time we got better answers" to questions about what jobs the technology
Block Stock Jumps After Plan to Cut 40% of Staff . What Its AI Warning Means for Markets.
05:59am, Friday, 27'th Feb 2026
Although 2025 was a strong year for the company, CEO Jack Dorsey wrote, “intelligence tools have changed what it means to build and run a company.”
Block shares surge on workforce reduction, in-line fourth quarter earnings
05:32am, Friday, 27'th Feb 2026
Block Inc (NYSE:SQ) shares rose 17% in early trade on Friday after the company reported fourth quarter earnings in line with analyst expectations and...
Jack Dorsey's mea culpa on Block layoffs: 'We overhired'
05:19am, Friday, 27'th Feb 2026
Jack Dorsey said Block overhired during COVID after building two company structures. Block slashed nearly half its workforce in a single sweeping round of layoffs on Thursday.
Block, Inc. (XYZ) Q4 2025 Earnings Call Transcript
09:37pm, Thursday, 26'th Feb 2026
Block, Inc. (XYZ) Q4 2025 Earnings Call Transcript
Block Slashes Staff and Eyes AI as Primary Banking Actives Jump 22% to 9.3M
08:24pm, Thursday, 26'th Feb 2026
Block's massive staff cuts dominated the news surrounding its fourth quarter earnings release and conference call Thursday (Feb. 26).
Jack Dorsey's Block cuts 40% of staff, 4,000+ people — and yes, it's because of AI efficiencies
07:46pm, Thursday, 26'th Feb 2026
Former Twitter co-founder Jack Dorsey's new company Block — the parent of merchants payment system Square, mobile peer-to-peer payments Cash App, music streamer Tidal, and open source AI agentic sys
Block (XYZ) Meets Q4 Earnings Estimates
07:01pm, Thursday, 26'th Feb 2026
Block (XYZ) came out with quarterly earnings of $0.65 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $0.71 per share a year ago.
Jack Dorsey just halved the size of Block's employee base — and he says your company is next
06:43pm, Thursday, 26'th Feb 2026
Jack Dorsey has long been an open admirer of Elon Musk. Now, it seems, he may have been taking notes.
CEO Jack Dorsey issued a dire warning about AI's impact as he cuts Block by almost half
06:14pm, Thursday, 26'th Feb 2026
CEO Jack Dorsey warns of AI's impact on jobs, highlighting Block's workforce reduction strategy. Block's AI tools boost efficiency, with engineer output up 40%, says CFO Amrita Ahuja.
