Block is rated hold as it navigates a complex transition toward an autonomous economic platform, with execution risks tempering upside. Despite a $5B stock buyback and GAAP profitability, XYZ's ...
Block, Inc. (XYZ) just delivered a "good" quarter, and the stock is up over 15% following news of a historic 40% headcount reduction. Yes, gross profit accelerated, and there is some encouraging news ...
Jack Dorsey and Roelof Botha outlined Block's AI future one month after its sweeping 40% layoffs. The company will have three types of roles, they wrote. "Player-coaches" will replace managers.