2 weeks ago

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...

Feb 27, 2026

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...