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The Latest Breaking News from Block, Inc.

Jack Dorsey's mass job cuts expose tech's bogus narrative

Block Inc. CEO Jack Dorsey announced significant layoffs, framing them as a move towards artificial intelligence. This strategy mirrors a long-standing Silicon Valley tradition of reinterpreting setbacks as forward-thinking innovation. The company's past decisions, including over-hiring and questionable acquisitions, are now overshadowed by this new narrative. This approach aims to…

The Economic Times

Cybertruck 'The Best Robot Out There,' Says Jack Dorsey As Elon Musk Takes Note

Cybertruck 'The Best Robot Out There,' Says Jack Dorsey As Elon Musk Takes Note

Over the weekend, Block Inc. (NYSE:XYZ) CEO and Twitter co-founder Jack Dorsey praised Tesla Inc.'s (NASDAQ:TSLA) electric utility truck.

Gen Z, Millennials Emerge As Top Scam Targets: Block-Commissioned PYMNTS Report Finds

Gen Z, Millennials Emerge As Top Scam Targets: Block-Commissioned PYMNTS Report Finds

Younger, digital-first generations are now more likely to fall for scams than their parents or grandparents, according to a new report commissioned by Block Inc. (NYSE:XYZ) and conducted by PYMNTS Intelligence.

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Block's Strong Quarter Overshadowed By Market Overreaction, Growth Story Remains Intact: Analyst

Block Inc (NYSE:XYZ) delivered a strong third quarter, even as investors reacted negatively to temporary headwinds tied to its new processing partner agreement. The company's solid performance was driven by robust growth across both its Cash App and Square businesses.

Cathie Wood Bets Big On Jack Dorsey's Bitcoin-Heavy Block, Adds Amazon And Alibaba — Sells Shopify, Surging Palantir

On Monday, Cathie Wood-led Ark Invest executed significant trades, including a notable purchase of shares in Amazon.com Inc. (NASDAQ:AMZN), Block Inc. (NYSE:XYZ), and Alibaba Group Holding Ltd. (NYSE:BABA). Ark sold shares of Shopify Inc. (NASDAQ:SHOP) and Palantir Inc. (NASDAQ:PLTR).

Jack Dorsey Shares 'Maturity Is Realizing Safari Is Just Better' Meme As Browser Wars Heat Up With AI Debutants

Jack Dorsey, co-founder of Twitter — now X — and CEO of Block Inc. (NYSE:SQ), stirred the internet with a meme praising Apple Inc.'s (NASDAQ:AAPL) Safari browser just as Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google doubles down on AI-powered Chrome amid rising competition and legal scrutiny.

Weekend Roundup: Bitcoin Jesus' Tax Evasion Case, Gold's Rally And More Crypto News

The past week in the crypto world was nothing short of eventful. From the “Bitcoin Jesus” nearing a settlement with the Justice Department to gold’s rally potentially signaling a surge for Bitcoin, there was no shortage of intriguing developments.

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Jack Dorsey Wants A Tax Exemption On Everyday Bitcoin Transactions — Cynthia Lummis Points Toward A Bill She Introduced

Jack Dorsey Wants A Tax Exemption On Everyday Bitcoin Transactions — Cynthia Lummis Points Toward A Bill She Introduced

Sen. Cynthia Lummis (R-Wyo.) backed Block Inc. (NYSE:XYZ) CEO Jack Dorsey’s call for tax relief on Bitcoin (CRYPTO: BTC) transactions on Thursday, citing a supportive legislation she introduced earlier.

Block Shares Hit 8-Month High After Jack Dorsey's Firm Announces Bitcoin Payments For Square PoS System

Block Shares Hit 8-Month High After Jack Dorsey's Firm Announces Bitcoin Payments For Square PoS System

Fintech company Block Inc. (NYSE:XYZ) said it will integrate Bitcoin (CRYPTO: BTC) into its Square point-of-sale system, enabling merchants to accept and stack the cryptocurrency from their daily sales.

Block CEO Jack Dorsey Invites Businesses Using Square PoS System To Test Bitcoin Payments Feature

Block CEO Jack Dorsey Invites Businesses Using Square PoS System To Test Bitcoin Payments Feature

Jack Dorsey, co-founder and CEO of Block Inc. (NYSE:XYZ), on Monday encouraged merchants using the company's Square platform to test Bitcoin (CRYPTO: BTC) payments.

Cathie Wood's Thursday Bet: ARK Just Bought $31 Million Worth Of Falling Deere Stock, Also Loads Up On Block, Robinhood Shares

Ark Invest, led by Cathie Wood, made significant trades on Thursday — focusing on Deere Co. (NYSE:DE), Block Inc. (NYSE:XYZ) and Robinhood Markets Inc. (NASDAQ:HOOD).

Block (XYZ) Stock Jumps After Announcing $1.5 Billion Debt Offering

Block (XYZ) Stock Jumps After Announcing $1.5 Billion Debt Offering

Shares of Block Inc (NYSE:XYZ) are trading higher Wednesday afternoon after the company announced its intention to offer $1.5 billion in senior notes. Here’s what investors need to know.

Cathie Wood Bets $19 Million More On Jack Dorsey's Block Amid Bitcoin's All-Time High Push, Dumps Shopify Stock

Cathie Wood Bets $19 Million More On Jack Dorsey's Block Amid Bitcoin's All-Time High Push, Dumps Shopify Stock

On Monday, Cathie Wood-led Ark Invest made significant trades involving Block Inc. (NYSE:XYZ) and Shopify Inc. (NASDAQ:SHOP).

5 Stock Picks Last Week From Wall Street's Most Accurate Analysts

5 Stock Picks Last Week From Wall Street's Most Accurate Analysts

U.S. stocks settled higher on Friday, with the Dow Jones index gaining by more than 200 points during the session. The Nasdaq Composite also jumped to a new record intraday high on Friday.

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Block Impresses Analysts As Cash App Momentum Builds

Could Block Inc. (NYSE:XYZ) be the unlikely hero of this earnings season? While many expected tech giants to dominate headlines, Block’s surprising financial performance has analysts buzzing. The stock was falling in early trading on Friday, after the company reported upbeat second-quarter earnings on Thursday.

Block CEO Jack Dorsey Credits AI For 'Super-Bullish' Outlook, Faster Product Launches—Raises Full-Year Profit Guidance To $10.17 Billion

Fintech firm Block Inc. (NYSE:XYZ) announced a significant boost to its full-year guidance despite a worse-than-expected second quarter, with CEO Jack Dorsey attributing the company's accelerated growth and product velocity to its adoption of artificial intelligence (AI).

Cathie Wood's Ark Dumps Block Stock Worth $4.8 Million As Bitcoin-Heavy Company Preps Q2 Results

Cathie Wood-led Ark Invest executed a significant trade in Block Inc. (NYSE:XYZ) on Tuesday. The move comes just days before the company’s much-anticipated second-quarter earnings, due on Thursday, and following its high-profile addition to the SP 500. The move comes amid renewed excitement around Block’s innovative product launches and its growing presence…

Cathie Wood's Wednesday Moves: Ark Dumps Bitcoin-Heavy Block Again, Doubles Down On AMD's AI Chip Rally (CORRECTED)

Editor’s Note: The headline has been corrected from the original version to ensure accuracy and clarity

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Cathie Wood's $15M Crypto Bet: Sells Bitcoin King Block, Doubles Down On Ethereum Giant Bitmine Immersion

On Tuesday, Cathie Wood-led Ark Invest executed significant trades, focusing on Bitmine Immersion Technologies Inc. (NYSE:BMNR) and Block Inc. (NYSE:XYZ). These trades reflect Ark’s strategic positioning in the market amidst evolving financial landscapes.

Cathie Wood Pounces On Tesla Dip: Ark Snaps Up $43.7 Million In EV Stock While Ditching Crypto Shares Amid Bitcoin Frenzy

On Thursday, Cathie Wood-led Ark Invest made significant trades, prominently featuring the purchase of Tesla Inc. (NASDAQ:TSLA) shares across multiple ETFs. This move comes amidst a backdrop of strategic sell-offs in other notable cryptocurrency-linked stocks like Coinbase Global Inc. (NASDAQ:COIN), Block Inc. (NYSE:XYZ), and Robinhood Markets Inc. (NASDAQ:HOOD), along with ARK 21Shares Bitcoin ETF (BATS:ARKB).

Peter Thiel Effect? Cathie Wood Pours $175 Million Into Bitmine Immersion Stock As Founders Fund Backing, Ethereum Spike Fuels Buzz

Ark Invest, led by Cathie Wood, made significant trades on Monday. Notably, the firm increased its stake in Bitmine Immersion Technologies Inc. (NYSE:BMNR) and Advanced Micro Devices Inc. (NASDAQ:AMD) while reducing its holdings in Coinbase Global Inc. (NASDAQ:COIN) and Block Inc. (NYSE:XYZ). These trades reflect Ark’s strategic adjustments amid evolving market conditions.

International Business Times UK

Cash App Referral Lawsuit Settlement: Do You Qualify? Yes, Here's Why

Cash App settles $12.5M lawsuit over referral texts. Washington residents may get up to $147. Check if you're eligible and how to file a claim.

Cathie Wood Bets Another $1 Million On Tempus AI Despite Jim Cramer's Doubts, Dumps Crypto Stocks As Bitcoin Hits Fresh New Highs

On Thursday, Cathie Wood-led Ark Invest made significant trades involving Tempus AI Inc. (NASDAQ:TEM), Coinbase Global Inc. (NASDAQ:COIN), Robinhood Markets Inc. (NASDAQ:HOOD), and Block Inc. (NYSE:XYZ).

Cathie Wood Dumps Jack Dorsey's Block As Bitcoin Flirts With All-Time Highs, Bets $8.8 million On Tempus AI

On Wednesday, the Cathie Wood-led Ark Invest made a significant move by purchasing a substantial number of shares in Tempus AI Inc. (NASDAQ:TEM) and selling shares of Block Inc. (NYSE:XYZ). The trades were executed through the ARKG and ARKK ETFs.

Jack Dorsey Unveils 'Bitchat,' A Decentralized, Bluetooth-Powered, Server-Free Messaging Service

Twitter (Now X) co-founder and Block Inc. (NYSE:XYZ) CEO, Jack Dorsey, has launched a beta version of a new decentralized messaging service, Bitchat, that operates entirely over Bluetooth.

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