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Block Jumps 6% as Strong Q4 Results, Job Cuts, Analyst Upgrades Reignite Investor Interest

Block (NYSE:XYZ) stock is surging today, up roughly 6% in Wednesday trading after a confluence of catalysts reignited ...

Jack Dorsey Just Laid Off Nearly Half of Block’s Employees, Citing AI. Wall Street Is Cheering the Layoffs

Wall Street is excited for Block to move forward with fewer humans and more AI. The Jack Dorsey-led company announced it will cut more than 4,000 employees, or about half its workforce, and investors ...

H&R Block wants to be more than a tax company. It wants to be your year-round financial advisor

H&R Block’s innovation push extends well beyond tax prep. Campbell’s larger goal is to use software, data, and AI to build ...

What Is Going on With Block Stock Right Now?

The innovative financial services business saw its share price pop more than 20% after it reported Q4 2025 financials last ...
TechCrunch

Read the email Jack Dorsey sent when he cut 931 of Block’s staff

Fintech Block laid off 931 people, roughly 8% of the company’s staff, on Tuesday, according to a leaked message from the company seen by TechCrunch. The news was announced to staff in an email from ...
CNBC

Block's stock pops 9% on gross profit forecast, 3-year financial outlook

Block said it expects annual gross profit growth through 2028 to be in the mid-teens, with adjusted operating income climbing about 30% annually. The company also expanded its share repurchase program ...
Morningstar

Block says AI will let it cut more than 4,000 jobs. Some argue that's not the whole story.

Block's 'audacious' move ignites debate over whether the company is using AI as an excuse to walk back reckless hiring Block is the parent company of Square and the Cash App. Block's stock is ...