Block Lays Off 40% of Staff Citing AI. CEO Dorsey Says Other Firms Will Make Similar Moves. [Yahoo! Finance]
Amazon.com, Inc. (AMZN)
Last amazon.com, inc. earnings: 4/30 04:01 pm
Check Earnings Report
US:NASDAQ Investor Relations:
phx.corporate-ir.net/phoenix.zhtml%3fc%3d97664%26p%3dirol-irhome
Company Research
Source: Yahoo! Finance
Key Takeaways Shares of Block surged Friday after the fintech company announced plans to lay off nearly half of its staff. Almost 30,000 people across 45 tech companies have been laid off since the start of the year. As artificial intelligence technology advances, more people are likely to lose their jobs, according to one high-profile tech CEO. Jack Dorsey, chief of fintech shop Block ( XYZ ), delivered the foreboding message on Thursday after announcing the company will lay off more than 4,000 people, representing nearly half of its existing staff of 10,000. Block, which owns Square and Cash App, had a "strong year" in 2025, but the advances in artificial intelligence tools have "changed what it means to build and run a company," Dorsey said in a shareholder letter published alongside its fourth-quarter earnings results. Shares of Block were up 15% recently, after surging as much as 21% earlier in the session in response to the news. The company, formerly called Square,
Show less
Read more
Impact Snapshot
Event Time:
AMZN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
AMZN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
AMZN alerts
High impacting Amazon.com, Inc. news events
Weekly update
A roundup of the hottest topics
AMZN
News
- Buy the Dip in Nvidia Stock After Q4 Earnings, or is it Too Soon? [Yahoo! Finance]Yahoo! Finance
- Rolex has just opened a trade school for watchmakers in Texas. Already competition is as fierce as Harvard's, and students could walk out with $95,000 jobs [Yahoo! Finance]Yahoo! Finance
- Want to Own Anthropic Stock But Can't? You Need to Buy Its AI Data Center Provider Instead. [Yahoo! Finance]Yahoo! Finance
- How Amazon's massive stake in OpenAI could boost its AI and cloud businesses [CNBC]CNBC
- Walmart FTC Settlement Reshapes Driver Pay Transparency And Delivery Economics [Yahoo! Finance]Yahoo! Finance
AMZN
Earnings
- 2/5/26 - Miss
AMZN
Sec Filings
- 2/27/26 - Form 8-K
- 2/24/26 - Form 4
- 2/24/26 - Form 4
- AMZN's page on the SEC website