Bitcoin purist Jack Dorsey says that his firm is reluctantly giving in to stable...
The shift comes as stablecoins surge in popularity and competitors like Stripe and PayPal add stablecoin options, increasing marke...
Block Earnings Jump as Square Eyes AI-Driven Growth
TLDR Block reported fourth-quarter operating income of $485 million and raised its 2026 gross profit forecast to $12.2 billion. Bl...
MARA and Block jump double digits in pre-market trading while CoreWeave sinks
Mixed fourth quarter results highlight divergence between AI expansion plays and margin pressure.
Block Fires 4,000 Workers, Stock Jumps 22% as Dorsey Cites AI Shift
TLDR: Block is cutting headcount from 10,000 to under 6,000, the largest AI-linked layoff in corporate history. 2026 profit guidan...
Analysis: Block’s retreat to 2019 scale could be a hint of deeper shifts in paym...
While Jack Dorsey cites AI-enabled productivity gains as the reason for Block's cuts, the deeper shift is in payments plumbing: st...
Block weighs cutting up to 10% of jobs: Bloomberg
The company has told hundreds of employees their jobs are at risk as part of a broader overhaul.
Cathie Wood's Ark Invest Adds $30.9M of Shares in Jack Dorsey's Block
The buys were made across three Ark's ETFs.
Square Launches Bitcoin Payment Tools for Small Businesses
The features allow U.S. sellers to accept BTC, convert fiat sales automatically and manage crypto alongside traditional finances.