US Stocks: Block shares soar 16% as Jack Dorsey leans on AI to trim workforce
- Posted on February 27, 2026
- By Business News Today
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US Stocks: Block shares soar 16% as Jack Dorsey leans on AI to trim workforce
Block shares soared more than 16% on Friday after the fintech firm announced it would nearly halve its workforce as part of an overhaul to embed artificial intelligence tools across its operations.