Yahoo Finance • 20 hours ago

Palidye Holdings Initiates PENN Entertainment Position, According to Recent SEC Filing

What happened According to a SEC filing dated May 15, 2026, Palidye Holdings (Caymans) Ltd reported a new position in PENN Entertainment(NASDAQ:PENN), acquiring 1,400,000 shares over the first quarter. The position’s quarter-end market va... Full story

Yahoo Finance • 3 days ago

Another Company Trades AI Layoffs For Stock Price

Quick Read Is It AI, Or Just A Way To Save Money? Layoffs Help Stock Price But Do Layoffs Go Too Far? Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Groupon didn't make the cut. Grab the names FREE to... Full story

Yahoo Finance • 5 days ago

This former top Biden and Obama economic official is worried about the speed of AI

Listen and subscribe to Power Players with Brian Sozzi on Apple Podcasts, Amazon Music, Spotify, YouTube, or wherever you find your favorite podcasts. Be wary of the speed at which AI is displacing workers throughout the US economy. “The... Full story

Yahoo Finance • 7 days ago

Fiserv Targets ‘Constant Compounder’ Comeback as Clover, AI and Banking Bets Ramp

Key Points Interested in Fiserv, Inc.? Here are five stocks we like better. Fiserv is aiming to regain a “constant compounder” profile by improving execution, refining its business mix and leaning into growth in banking, commerce and AI-e... Full story

Yahoo Finance • 9 days ago

Black Eyed Peas star Will.i.am: Workers are losing jobs because of inhumane business practices

Listen and subscribe to Power Players with Brian Sozzi on Apple Podcasts, Amazon Music, Spotify, YouTube, or wherever you find your favorite podcasts. AI is rapidly reshaping the workforce, causing profit-seeking CEOs to be ruthless towar... Full story

Yahoo Finance • 10 days ago

Billionaire Block founder Jack Dorsey suggests radically reshaping manager roles in the age of AI

In February, billionaire Block (XYZ) founder and CEO Jack Dorsey laid off 40% of his workforce as part of an AI-driven efficiency push. A string of job cuts followed. Tech execs fine-tuned their slide decks in subsequent management meetin... Full story

Yahoo Finance • 15 days ago

1 Software Stock to Keep an Eye On and 2 We Turn Down

From commerce to culture, software is digitizing every aspect of our lives. Companies bringing it to life have been rewarded with high valuation multiples that make fundraising easier, but they have weighed on the returns lately as the ind... Full story

Yahoo Finance • 16 days ago

From Cisco to Block, more companies are pointing to AI when unveiling job cuts

NEW YORK (AP) — Layoffs have been piling up recently, especially in the tech world. And the words “artificial intelligence” are accompanying more and more notices about the cuts. That's unnerving workers across sectors, with many fearing... Full story

Yahoo Finance • 16 days ago

Cisco surges on Q3 AI demand, while cutting 4,000 jobs in AI overhaul

Cisco Systems (CSCO) stock has surged by double-digits since reporting fiscal third quarter results in Wednesday's extended hours, topping Wall Street expectations with revenue of $15.84 billion and adjusted earnings of $1.06 per share. T... Full story

Yahoo Finance • 17 days ago

Where Does Block Inc (XYZ) Stock Belong? Evercore Puts It at $96

Block Inc (NYSE:XYZ) is one of the most undervalued blockchain stocks to buy now. Block Inc (NYSE:XYZ) stock has gained around 17% in the past month, trading under $72. The equity research firm Evercore ISI sees the stock making a huge lea... Full story

Yahoo Finance • 17 days ago

$1000 Invested In Block 10 Years Ago Would Be Worth This Much Today

Block (NYSE:XYZ) has outperformed the market over the past 10 years by 9.02% on an annualized basis producing an average annual return of 22.7%. Currently, Block has a market capitalization of $42.25 billion. Buying $1000 In XYZ: If an in... Full story

Yahoo Finance • 19 days ago

SA analyst upgrades/downgrades: GOOG, CRWD, SNDK, XYZ

[Man looking at currency trading app on his smart phone from his home office] Alistair Berg Gary Alexander has upgraded CrowdStrike (CRWD [https://seekingalpha.com/symbol/CRWD]), citing its resilience amid sector-wide sell-offs, while Jac... Full story

Yahoo Finance • 22 days ago

Coinbase & Cloudflare's AI-driven layoffs might not be rewarded

Cloudflare (NET) announced a round of layoffs, following Coinbase's (COIN) similar announcement at the beginning of the week. Yahoo Finance Senior Business Reporter Ines Ferré, Yahoo Finance Senior Reporter Brooke DiPalma, and EMJ Capital... Full story

Yahoo Finance • 22 days ago

S&P 500 Nears Record As SOX Hits Intraday High

This article first appeared on GuruFocus. US stocks pushed toward a record closing high as investors moved back into risk, helped by a powerful semiconductor rally, stronger monthly payrolls figures, and a US-Iran ceasefire that appeared... Full story

Yahoo Finance • 22 days ago

Block Earnings Show How the Company Is Leaning Into AI As a Catalyst for Its Business

Block(NYSE: XYZ) recently reported its first-quarter earnings, and the numbers were quite strong across the board. Gross profit grew 27% year-over-year, including 38% growth on the Cash App side of the business. The company posted a 25% ad... Full story

Yahoo Finance • 22 days ago

Earnings Strength Lifts S&P 500 and Nasdaq 100 to Record Highs

The S&P 500 Index ($SPX) (SPY) today is up +0.79%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.14%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +1.74%.  June E-mini S&P futures (ESM26) are up +0.77%, and June E-mini Nasdaq fut... Full story

Yahoo Finance • 22 days ago

Block (XYZ) Q1 2026 Earnings Transcript

Image source: The Motley Fool. Date May 7, 2026, 5 p.m. ET Call participants Chief Executive Officer — Jack DorseyChief Financial Officer — Amrita AhujaBusiness Lead — Owen JenningsSales and Marketing Lead — Nicholas MolnarHead of Inve... Full story

Yahoo Finance • 22 days ago

Stocks Climb on Solid Tech Earnings and US Labor Market Strength

The S&P 500 Index ($SPX) (SPY) today is up +0.62%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.22%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +1.32%.  June E-mini S&P futures (ESM26) are up +0.61%, and June E-mini Nasdaq fut... Full story

Yahoo Finance • 22 days ago

Block earnings beat driven by Cash App and Square strength

Block earnings beat driven by Cash App and Square strength Proactive uses images sourced from Shutterstock Block Inc (NYSE:SQ) shares rose about 6.5% after it reported stronger-than-expected first-quarter 2026 earnings, highlighted by sol... Full story

Yahoo Finance • 22 days ago

Stocks making the biggest moves premarket: Cloudflare, Akamai Technologies, JFrog, Trade Desk & more

Check out the companies making the biggest moves premarket: Akamai Technologies — Shares surged 27% after the cybersecurity and cloud computing company said a leading U.S.-based frontier model provider has committed to $1.8 billion over se... Full story