Jack Dorsey Announces 40% Staff Cuts as AI-Driven Efficiency Takes Hold at Block
Jack Dorsey announced a 40% staff cut at Block, citing AI-driven efficiency, sending its stock up nearly 25%.
Markets
Jack Dorsey Fires 40% of Block Workers, Citing AI Revolution as Stock Rises
Jack Dorsey fires 40% of Block workers citing AI, as the company's stock rises.
Costco, Ross Stores, Target and Walmart: Discount Retail Stocks to Watch as Consumer Spending Holds
Investors are closely monitoring discount retail stocks like Costco, Ross Stores, Target, and Walmart as resilient consumer spending and strategic business moves signal growth potential in the sector.
Top Tech Mutual Funds for 2026 Portfolio Growth Highlight Strong Returns and AI-Driven Potential
Three top-performing technology mutual funds highlight strong returns and focus on emerging tech like AI.
Dubai Free Zones Partner with Emirates NBD to Boost Investor Experience
Dubai's Economic Security Centre, Dubai Free Zones Council, and Emirates NBD have signed a trilateral partnership to streamline business operations and enhance the investor experience.
Generate Biomedicines Inc Set To Launch IPO on Nasdaq Next Day
Generate Biomedicines Inc is set to launch its IPO on the Nasdaq exchange tomorrow.
Kyndryl Investors Face April 13 Deadline in Class Action Lawsuit
Kyndryl investors face a critical April 13 deadline in a class action lawsuit over financial misstatements and internal controls.
Zynex Investors Face April 21 Deadline in Securities Class Action
Zynex investors have until April 21, 2026, to seek the role of lead plaintiff in a federal securities class action.
Elbit Systems Ltd Sees Sharp Drop in Short Interest Amid Market Shifts
Elbit Systems Ltd (NASDAQ:ESLT) has seen a 19.7% drop in short interest, signaling a shift in investor sentiment.
State Street SPDR NYSE Technology ETF (XNTK) Gains Attention as Tech Sector Rises
The State Street SPDR NYSE Technology ETF (XNTK) has seen renewed interest as the tech sector continues to show resilience despite market fluctuations.
China’s Wind Power Surge: A Global Leader in Production and Consumption
China is the world's largest producer and consumer of wind turbines, with 94% of its installed capacity used domestically.
Sebi to Use Domestic Spot Prices for Gold, Silver Valuation in Mutual Funds from 2026
Sebi will require mutual funds to use domestic spot prices for valuing physical gold and silver from 2026.
Prediction Markets Surge in 2024 Amid US Election Betting
Prediction markets have exploded in 2024, with billions wagered on US election outcomes as platforms like Polymarket and Kalshi reshape the financial landscape.
IRFC Share Price Rises 1% as OFS Opens for Retail Investors
IRFC shares rose nearly 1% as OFS opens for retail investors, with institutional bids accounting for 94.98% of shares.
Va Tech Wabag Stock Targets 30% Upside as Water Demand Rises
Va Tech Wabag Ltd, a global water technology company, has seen a 58% compounded return in three years and is now rated a buy with a 30% upside potential.