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Despite the sale, the insider still retains a significant number of shares.

Block, Inc. (XYZ) reduced its workforce by 40% earlier this year as it committed to a wider adoption of AI tools. Block CFO Amrita Ahuja sits down with Yahoo Finance Executive Editor Brian Sozzi to discuss this choice and the results from becoming a leaner, more AI-centric company.

Block has outperformed the broader market over the past year, while analysts remain cautiously optimistic about its future prospects.

The Russell 2000 (^RUT) is home to many small-cap stocks, offering investors the chance to uncover hidden gems before the broader market catches on. However, these companies often come with higher volatility and risk, as their smaller size makes them more vulnerable to economic downturns.

Job cuts are at a four-year low, according to Challenger Grey data illustrating the over 500,000 job cuts that have occurred in 2026 year-to-date. Morning Brief Host Julie Hyman is joined by Yahoo Finance Breaking Business News Reporter Jake Conley and BD8 Capital Partners, LLC CEO Barbara Doran to take a closer look and this data discuss whether AI-driven job loss fears were initially overblown. The US Bureau of Labor Statistics (BLS) is scheduled to release August jobs data on Friday, September 4.

Job cuts are at a four-year low, according to Challenger Grey data illustrating the over 500,000 job cuts that have occurred in 2026 year-to-date. Morning Brief Host Julie Hyman is joined by Yahoo Finance Breaking Business News Reporter Jake Conley and BD8 Capital Partners, LLC CEO Barbara Doran to take a closer look and this data discuss whether AI-driven job loss fears were initially overblown. The US Bureau of Labor Statistics (BLS) is scheduled to release August jobs data on Friday, September 4.

Square expanded its merchant footprint through a new partnership with 100-year-old Parsons Bakery across 48 locations.

Eisen maintains ~1.47 million shares worth $124.79 million after the sale, executed under a pre-established Rule 10b5-1 trading plan adopted in March 2026.

PayPal was for sale. Now it's not.

Apple's rare Bay Area layoffs hit Vision Pro and Siri teams amid AI shake-up

Cerebras Systems' wafer-scale chips, hyperscale deals with AMD, Amazon and OpenAI, and a $25.4 billion backlog position it as a key player in the AI inference buildout.

AI-driven efficiencies are an underappreciated catalyst for the fintech company.

Ahuja retains 454,275 shares worth $38.25 million post-transaction.

After years of acquisitions and spin-offs, the bank technology vendors are under pressure to sell parts of their businesses.

Block's Q2 earnings beat expectations, months after Jack Dorsey's controversial 40% AI-driven layoffs, potentially setting a precedent.

Block stock fell amid Q2 earnings and revenue that topped consensus estimates while profit guidance met expectations.

Ark Invest sold shares of Bitmine, Robinhood, Bullish, and Block during Wednesday's pullback in crypto equities, while continuing to add to Coinbase and Circle.

Ark Invest sold 120,665 shares of BMNR, making it the firm's largest trade of the day.

The reported workforce reduction will primarily affect Visa's technology and product operations.

Uber just cut a chunk of its customer service workforce in the name of AI efficiency, and it is far from alone. The real question is whether these scattered layoffs signal the early edge of a wave that could reshape employment across entire industries.

(Bloomberg) -- Uber Technologies Inc. said it has cut 10% of jobs within its customer service operations as part of a broader effort to simplify its ranks and “embrace artificial intelligence.” Most Read from BloombergTrump’s 100% Generic Drug Duty Threatens US Low-Cost SupplyApple Plans Overhaul of MacBooks, iMac in Push to Meet AI DemandHegseth Turns to UNC, Virginia Tech After Dropping Ivy LeagueApple to Launch ‘Upgrade’ Device Leasing Program With Klarna to Spur SalesTrump Extends Pardons to

On a podcast last week, the short seller said SoFi Technologies remains one of the most compelling short ideas amid its accounting practices that operate in a legal gray area.

SpaceX initiated, Lululemon downgraded: Wall Street's top analyst calls

State attorneys general said they found that Block misled users by falsely advertising that Cash App provided bank-like protections, including advanced fraud detection.

Financial stocks were lower in late Wednesday afternoon trading, with the NYSE Financial Index falli

Block stock enters this valuation review with a clear tension, as the Excess Returns intrinsic value estimate suggests about 21.2% upside while market multiples lean the other way, and a 5 year share price decline still hangs over recent gains. Over the past 5 years, Block has fallen 67.9%, which means long term holders are still deep in the red despite the more recent recovery. Recent upgrades that highlight AI driven efficiencies and product execution can support higher earnings...

The company on Tuesday announced the launch of commission-free stock trading for U.S. customers.

XYZ's Square adds ChatGPT app and Claude plugin to help sellers get discovered in AI search and accept orders, expanding its commerce strategy.

Following the footsteps of major cryptocurrency companies like Block (NYSE: XYZ), Ethereum Foundation, Coinbase Global (Nasdaq: COIN), and MARA Holdings (Nasdaq: MARA), another firm has decided to fire staff. Launched in 2011, BitGo Holdings (NYSE: BTGO) is a crypto ...

XYZ's SFS launches a 3.5% APY savings option for eligible sellers, aiming to boost deposits and deepen merchant engagement.