Carson Block sees new dawn for short sellers in AI disruption ⊖
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a story from Financial Times ✅ › Financial Times
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Block
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30 hours ago
Muddy Waters founder says bets against US stocks will have ‘wind at their backs’ as technology upends markets
7 days ago
Tech companies are cutting jobs and betting on AI. The payoff is far from guaranteed ○
AI experts say we’re living in an experiment that may fundamentally change the model of work
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Hundreds of thousands of tech …
26 days ago
Here are Wednesday's biggest analyst calls: Nvidia, Tesla, Disney, Block, Starbucks, Netflix, Micron & more ⊖
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Here are Wednesday's biggest calls on Wall Street.
Better growth and an attractive valuation make Block a buy, says Truist ⊕
Truist Securities sees shares of Block rising 29% from here.
31 days ago
AI agents could easily send college grad unemployment over 30%, ServiceNow CEO says ⊖
Technology companies, including Block and Atlassian, have already cut jobs this year due to AI adoption.
36 days ago
Current and former Block workers say AI can’t do their jobs after Jack Dorsey’s mass layoffs: ‘You can’t really AI that’ ⊖
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a story from The Guardian ⚠️ › International
The CEO said he cut the company’s workforce by 4,000 people – almost in half – because of gains in AI productivity
Mark remembers the first time he wondered whether he was teaching Block’s AI tools ho…
41 days ago
Can AI do 40% of your job? Block’s Jack Dorsey thinks so ⊖
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a story from The Guardian ⚠️ › International
Jack Dorsey to cut 4,000 workers at Block amid AI advances – but specters such as weak crypto market haunt company
Jack Dorsey cited AI as the driving force behind cutting 40% of his company’s employe…
Here are Tuesday's biggest analyst calls: Nvidia, Apple, Palantir, Netflix, Ferrari, CoreWeave, Block & more ⊖
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Here are the biggest calls on Wall Street on Tuesday.
45 days ago
Jack Dorsey made the loudest case yet that AI is already replacing jobs ⊖
In cutting nearly 40% of its workforce, Block loudly professed that the days of AI taking the jobs of humans has arrived.
Block cuts about half its workforce — how to move forward after a mass layoff, career experts say ⊖
Block, Amazon and CrowdStrike have recently announced significant job cuts. Mass layoffs can create unique financial and career challenges for workers.