Betting on artificial intelligence, Block cuts nearly half of its workforce!

Wallstreetcn
2026.02.26 22:26
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Block's U.S. stock rose 22% after hours, as the company plans to cut nearly half of its employees. Risk warning and disclaimer: The market has risks, and investment requires caution. This article does not constitute personal investment advice and does not take into account the specific investment goals, financial situation, or needs of individual users. Users should consider whether any opinions, views, or conclusions in this article align with their specific circumstances. Investment based on this is at one's own risk

Block's U.S. stock rose 22% after hours, as the company plans to cut nearly half of its employees.

Risk Warning and Disclaimer

The market carries risks, and investment should be cautious. This article does not constitute personal investment advice and does not take into account the specific investment objectives, financial situation, or needs of individual users. Users should consider whether any opinions, views, or conclusions in this article are suitable for their specific circumstances. Investment based on this is at one's own risk