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Friday, February 27, 2026
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Pessimistic (-14.5)
Article New York Post Business

Block shares spike 20% after Jack Dorsey orders sweeping layoffs to ride AI wave

New York Post Business February 27, 2026 · 8:29 pm Read Original
Strong Bearish -100.0
−100 Bearish 0 +100 Bullish
Block shares spike 20% after Jack Dorsey orders sweeping layoffs to ride AI wave

Financial tech firm Block’s stock surged as much as 20% in Friday trading after its billionaire CEO Jack Dorsey revealed plans for sweeping layoffs and a full embrace of AI tools.

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Article Info
Source New York Post Business
Published Feb 27, 2026 · 8:29 pm
Article ID vzw0vbe
Original URL Open source
Sentiment Signal
Strong Bearish -100.0
−100Neutral+100
Newsletter
Glideslope AI
Block shares spike 20% after Jack Dorsey orders sweeping layoffs to ride AI wave
Financial tech firm Block’s stock surged as much as 20% in Friday trading after its billionaire CEO Jack Dorsey revealed plans for sweeping layoffs and a full embrace of AI tools.
New York Post Business • Feb 27, 2026 • Found on Glideslope.ai
Post hash: vzw0vbe • glideslope.ai/post/vzw0vbe
Sentiment
Strong Bearish • Score: -100.0
-100 (Bearish) +100 (Bullish)
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