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News articleYahoo Finance· February 26, 2026

Earnings live: Block stock surges over 20% after Jack Dorsey cuts nearly half of staff, Dell stock jumps

View original at finance.yahoo.com
Earnings live: Block stock surges over 20% after Jack Dorsey cuts nearly half of staff, Dell stock jumps Fourth quarter earnings season is entering its final stretch…
Opening lines of the source · Yahoo Finance · short snapshot — read the full document at the original

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  • The early reaction with shares down low-single digits makes sense with the results and guide in-line to slightly below expectations

    80% confidence
  • While small amounts of H200 products for China-based customers were approved by the US government, Nvidia has yet to generate any revenue and doesn't know whether any imports will be allowed into China

    80% confidence
  • First Solar maintained a disciplined approach to contracting and remained anchored in core principle of pricing and delivery certainty

    80% confidence
  • Block is reducing its organization by nearly half, from over 10,000 people to just under 6,000

    80% confidence
  • Analysts expectations for 2026 capex across the top five cloud providers and hyperscalers are up nearly $120 billion since the start of the year and approaching $700 billion

    80% confidence
  • Something has changed and AI is enabling a new way of working which fundamentally changes what it means to build and run a company

    80% confidence
  • While the housing macro remains pressured, Lowe's is focused on directing what is within their control including ongoing productivity initiatives

    80% confidence
  • First Solar's growth journey continued into 2025 with commissioning of Louisiana factory and decision to establish new facility in South Carolina

    80% confidence
  • Nvidia continues to work with OpenAI toward a partnership agreement and believes they are close

    80% confidence
  • Nvidia expects the transition of classic data center workloads to GPU-accelerated computing and the use of AI to enhance hyperscale workloads to contribute toward roughly half of their long-term opportunity

    80% confidence
  • Just about every startup in the world is working on Nvidia's ecosystem

    80% confidence

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