Visa plans to cut 7% of its workforce, or about 2,600 jobs, Bloomberg News reported on Tuesday, citing a staff memo, as the payments processor seeks to become more efficient in a challenging industry. AI has helped cut repetitive tasks and speed up product development, but it was not the sole factor behind the decision, Bloomberg reported, citing a person familiar with the company's reasoning. Earlier this year, peer Mastercard announced plans to lay off 4% of its global workforce, citing the need to refocus investments in different areas.
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Sezzle embeds AI across support, engineering and underwriting to scale product launches and efficiency without matching growth in staffing.
Coinbase launched a multi-year quantum-resistant security plan for Bitcoin and joined the Bitcoin Security Consortium. The focus is on migrating Bitcoin before quantum threats emerge, ...
Investors can debate if S&P 500 CEOs deserve their sky-high pay packages. But not all CEOs get such princely sums.
Cash App makes sending and receiving money easy, but its convenience comes with risks that users should understand before relying on it for everyday payments.
XYZ vs. SPOT: Which Stock Is the Better Value Option?
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.
India’s government has ordered the shutdown of Bitchat, the messaging app built by Block (NYSE: $XYZ) chief e...
Jack Dorsey is best known for helping to create Twitter and Square. The entrepreneur and investor has his eyes on another venture with the recent launch of Buzz. Here’s why investors in Salesforce Inc and Microsoft Corporation should be paying...
Block stock sits at an awkward valuation crossroads, with an intrinsic value estimate from the Excess Returns model pointing to meaningful upside while traditional market multiples paint a more demanding picture and the broader checks lean expensive after a 5 year stretch of weak returns. Block shareholders have seen the stock fall about 70.0% over the past 5 years, which means many investors are still sitting on heavy losses despite the more recent rebound. On the upside, new initiatives...
Expeditors International earns Bull of the Day as rising earnings estimates and expanding logistics services contrast with Agnico Eagle Mines' weaker outlook.
Microsoft’s Teams and Salesforce’s Slack dominate the workplace messaging market, and investors are watching whether Block can gain traction with Buzz among enterprise customers.
(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
Block, Inc. (NYSE: XYZ), the Bitcoin (BTC)-centric financial technology company founded by Jack Dorsey, launched a new platform called Buzz on July 21. Built on the Nostr protocol, Buzz is a free, decentralized, and open-source platform where employees and artificial intelligence ...
TOST's AI agents show early sales gains while boosting efficiency, but investors watch whether adoption can drive stronger growth.
Here, we pick four Internet stocks - XYZ, U, AMZN and ANET - that are likely to pull off a beat this earnings season.
Unity Software leads a list of software firms positioned for earnings season as AI, cloud adoption and recurring revenue trends support growth expectations.
HTLD, LCNB and XYZ made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on July 22, 2026.
Honolulu Cookie Company is expanding its use of Block (XYZ) through Square, rolling the platform out across 14 locations and a new flagship store, giving investors another real world view of Block's merchant reach. See our latest analysis for Block. For investors, this Honolulu Cookie Company rollout lands at a time when Block's short term momentum is firm, with a 30 day share price return of 7.49% and a year to date share price return of 23.38%. However, the 5 year total shareholder return...
NU expands its banking footprint in Brazil and Mexico as rising customers, deposits and credit point to further growth.
Unity Software, HubSpot, Arista Networks and Block gear up for Q2 earnings, with AI and cloud growth supporting potential beats.
Block is set to report Q2 earnings next month, and analysts expect its EPS to dip by double digits.
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.
David Sacks issued a sharp warning to tech executives cozying up to Washington regulators, while investors are already debating whether PayPal's reported takeover offer drastically undersells one of fintech's most contested assets.
Block (XYZ) possesses solid growth attributes, which could help it handily outperform the market.
A company that generates cash isn’t automatically a winner. Some businesses stockpile cash but fail to reinvest wisely, limiting their ability to expand.
Investing.com -- Stripe could gain consumer reach, merchant-processing scale and a stronger stablecoin position by acquiring PayPal Holdings Inc. (NASDAQ:PYPL), though analysts at Cantor Fitzgerald, Bernstein and Mizuho questioned whether the reported $60.50-per-share offer would secure a deal.
Unprofitable companies can burn through cash quickly, leaving investors exposed if they fail to turn things around. Without a clear path to profitability, these businesses risk running out of capital or relying on dilutive fundraising.