Block's Earnings Will Be Energized By AI (Rating Upgrade)

FotografieLinkWith Jack Dorsey back in the hot seat with Block (NYSE:SQ), the market appears to be very optimistic on his plans to turn the company’s growth around and reach the Rule of 40 by 2026. In addition to striving for stronger topline growth, Dorsey outlined a number of cost-cutting measures that will be taking place, including cutting and capping staff at 12,000, limiting stock-based compensation, cutting overhead personnel, and leveraging AI across the sales & marketing and development process ...