Jack Dorsey made the loudest case yet that AI is already replacing jobs [CNBC]
Piper Sandler Companies (PIPR)
Last piper sandler companies earnings: 5/1 08:04 am
Check Earnings Report
Company Research
Source: CNBC
Key Points Jack Dorsey told investors that new “intelligence tools” are changing how companies are built and run. The stock rose sharply on the announcement, but some skeptics remain, with analysts at Piper Sandler reiterating their sell rating on the shares. In this article Jack Dorsey, co-founder and CEO of Block Inc., listens during the Bitcoin 2021 conference in Miami, Florida, on June 4, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images The tech industry has spent the last couple years debating whether artificial intelligence will actually eliminate jobs at scale or simply be used as an excuse for companies to engage in mass layoffs. Block just firmly planted its flag. Jack Dorsey , co-founder and CEO of the Square parent, announced Thursday that his company is cutting about 40% of its workforce, reducing headcount from over 10,000 to just under 6,000. And he was explicit about the reason, telling investors on Block's earnings call that “intelligence tools” ha
Show less
Read more
Impact Snapshot
Event Time:
PIPR
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
PIPR 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
PIPR alerts
High impacting Piper Sandler Companies news events
Weekly update
A roundup of the hottest topics
PIPR
News
- Cigna (CI) Gets Minor PT Cut from Piper Sandler as Firm Backs PBS Strategy [Yahoo! Finance]Yahoo! Finance
- Piper Sandler, Moelis, Lazard, Evercore, and Corpay Stocks Trade Down, What You Need To Know [Yahoo! Finance]Yahoo! Finance
- Piper Sandler Overweight on Skyward Specialty Insurance (SKWD) [Yahoo! Finance]Yahoo! Finance
- Dow falls by more than 600 points as oil hits $90 and weak jobs data add to market anxiety [CNN]CNN
- Dow falls by nearly 700 points as surging oil prices and weak jobs data add to market anxiety [Yahoo! Finance]Yahoo! Finance
PIPR
Earnings
- 2/6/26 - Beat
PIPR
Sec Filings
- 3/2/26 - Form 4
- 3/2/26 - Form 4
- 3/2/26 - Form 4
- PIPR's page on the SEC website