Block Inc. XYZ shares are retreating during Thursday's session. The decline follows a broader market sell-off affecting the technology sector. Macroeconomic Pressures Weigh On Growth The Nasdaq fell 1 ...

Dorsey made the call. Markets answered ...

This entire layoff exercise will result in Block incurring charges of up to $500 million, consisting mostly of severance payments, employee benefits and non-cash expenses, which will reflect in the ...

Block beat views on growth in its consumer lending unit as writeoffs soared. With 40% of workers out, can AI replace them? If others follow, it could be AIpocalypse now.

Block Inc. XYZ shares rallied in Thursday's extended trading after the company released its fourth-quarter earnings report ...

Block (XYZ) stock jumps 23% after strong Q1 and 2026 guidance. Get key earnings highlights, gross profit beats, and what’s next for Cash App and Square.

Analysts highlight a trend of aggressive cost-cutting for AI efficiencies among tech firms. While such moves may yield savings, they can also indicate a lack of growth strategy and hurt employee ...

A yearlong investigation into Bank of America by India’s financial regulator found that the bank improperly shared material nonpublic information about a $180 million block trade of stock and then ...