Block shares soar as Dorsey leans on AI to trim workforce [Yahoo! Finance]
Evercore Inc. Class A (EVR)
Last evercore inc. class a earnings: 4/22 06:00 am
Check Earnings Report
US:NYSE Investor Relations:
phx.corporate-ir.net/phoenix.zhtml?c=66653&p=irol-irhome
Company Research
Source: Yahoo! Finance
Feb 27 (Reuters) - Block shares soared more than 20% in premarket trading on Friday after it announced it would nearly ?halve its workforce as part of an overhaul to embed artificial ?intelligence tools across its operations. The layoffs are the most visible signs of how the ?U.S. fintech industry is navigating the impact of AI, with its CEO, tech billionaire Jack Dorsey, warning that most companies were "late" to realize the emerging technology's potential. "At its core, it's about how some companies may be run ?going forward – not just ?doomsday headcount reductions, but also enabling higher ROI investments in growth and FCF," analysts at Evercore ISI wrote, referring ?to free cash flow. Accelerating AI adoption is helping companies to cut jobs in divisions most exposed to automation. Economists at Goldman Sachs have estimated ?that AI ?was responsible for job losses amounting ?to a 5,000 to 10,000 ?hit to average monthly job growth in the industries most exposed to it in 202
Show less
Read more
Impact Snapshot
Event Time:
EVR
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
EVR 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
EVR alerts
High impacting Evercore Inc. Class A news events
Weekly update
A roundup of the hottest topics
EVR
News
- Waystar announces expanded collaboration with Google Cloud [Yahoo! Finance]Yahoo! Finance
- Mark Mahaney on top Big Tech picks: Amazon, Meta, Alphabet [FOX Business Network]FOX Business Network
- Julian Emanuel: Gasoline near $4 a gallon becomes an economic tipping point [CNBC]CNBC
- How Investors Are Reacting To Southern (SO) Analyst Upgrades And A Key Leadership Appointment [Yahoo! Finance]Yahoo! Finance
- Analysts Say This 1 Unexpected Stock to Buy Could Be a Major AI Winner [Yahoo! Finance]Yahoo! Finance
EVR
Earnings
- 2/4/26 - Beat
EVR
Sec Filings
- 2/23/26 - Form 4
- 2/23/26 - Form 4
- 2/23/26 - Form 4
- EVR's page on the SEC website