Wall Street just sent a jarring message: cutting half your workforce is good for business. Block (XYZ) shares surged more ...

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Block beat views on growth in its consumer lending unit as writeoffs soared. With 40% of workers out, can AI replace them? If others follow, it could be AIpocalypse now.

Block Inc. XYZ shares rallied in Thursday's extended trading after the company released its fourth-quarter earnings report ...