US Stocks: Block shares soar 16% as Jack Dorsey leans on AI to trim workforce

  • Posted on February 27, 2026
  • By Business News Today
  • 2 Views
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.
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