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fintech company

Coverage of fintech company in the Nexus archive.

Earliest in view: Aug 6 · 11:30 UTCMost recent: Aug 6 · 11:30 UTC

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BUSINESSAug 6 · 11:30 UTCQUARTZ
Block beat earnings expectations after slashing 40% of its workforce for AI
Fintech company Block beat earnings expectations after slashing 40% of its workforce for AI development. The company reported a record adjusted operating income margin of 27% and achieved 25% gross profit growth during the second quarter.