Stock and crypto markets seem to go down before the 8th of the month, but this is a heavy one. Perhaps something explosive is coming? Charging up before moon? Iโm counting my change. All in. Hodl. Not financial advice.
BREAKING: Jack Dorsey's Block lays off ~4,000 employees (nearly half its workforce) to shift to AI-powered operations. Remaining team ~6,000. Stock jumps +24%.
Dorsey: "Most companies will do this in the next 12 months."
AI reshaping work, not just replacing it.