Investors cheered Block's big layoffs, but the move also flicks at the tension between markets and the economy Citrini highligthed in its viral AI note.

For investors, a wave of layoffs is likely to be a good thing, and layoffs among big tech companies at the end of 2022 and ...

After several years of growing expenses and declining profits, Block is working to streamline its business. According to CEO Jack Dorsey, Block is restructuring its business "to provide consumer ...

BMO Capital Markets downgraded Block (NYSE:SQ), parent of the Square payment system and Cash App, to Market Perform from Outperform as analyst Rufus Hone said it will be difficult to exceed ...

Deep-pocketed investors have adopted a bearish approach towards Block (NYSE:XYZ), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this ...