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Key PointsSoftware stocks have plunged this year on fears of AI disruption.Block seemed to confirm those fears by announcing mass layoffs as it pivoted AI.Software stocks fell on the news, but it’s likely to encourage more layoffs. 10 stocks we like better than Block ›The news out of Block (NYSE: XYZ) on Thursday night sent shockwaves through the tech industry.The Jack Dorsey-run fintech company said it would lay off more than 40% of its employees, citing gains from artificial intelligence (AI). Dorsey said, “The core thesis is simple. Intelligence tools have changed what it means to build and run a…

Check out what’s clicking on FoxBusiness.com. A major high-tax blue state has seen a significant population loss due to domestic out-migration over the last five years, new research found. Massachusetts recorded a net loss of about 182,000 residents to domestic out-migration from April 2020 to July 2025, according to an analysis of the state’s workforce by the Pioneer Institute. The free market think tank noted the population decline is equivalent to losing roughly one and half Cambridges in that period.”With domestic out-migration levels growing prior to the pandemic and remaining significantly elevated beyond it, it is clear out-migration is a structural…

Shares of Swedbank AB (OTCMKTS:SWDBY – Get Free Report) have earned a consensus recommendation of “Reduce” from the seven brokerages that are covering the firm, Marketbeat.com reports. Three equities research analysts have rated the stock with a sell rating, three have given a hold rating and one has issued a strong buy rating on the company. A number of analysts recently issued reports on SWDBY shares. Morgan Stanley reissued an “underweight” rating on shares of Swedbank in a research report on Thursday, February 12th. Zacks Research raised shares of Swedbank from a “hold” rating to a “strong-buy” rating in a…

Bitcoin was tumbling on Saturday after military action was carried out against Iran by the U.S. and Israel.

TOPSHOT – A plume of smoke rises following a reported explosion in Tehran on February 28, 2026. (Photo by AFP via Getty Images)- | Afp | Getty ImagesThe U.S. military has begun “major combat operations” in Iran, U.S. President Donald Trump confirmed on Saturday.”Our objective is to defend the American people by eliminating imminent threats from the Iranian regime, a vicious group of very hard, terrible people,” Trump said in a video message on his Truth Social account.A U.S. official confirmed earlier that American forces attacked Iran by air and sea, the Reuters news agency reported.Several ministries in the southern…

Bitcoin and other digital assets fell sharply after Israel said it launched a preemptive strike on Iran on Saturday.

Israel says it launched pre-emptive attack against Iran

Israel and US launch strikes on Iran

Feb 27 (Reuters) – Japanese technology firm NTT Data plans to raise its India headcount by 5,000 ‌employees this year across software programming, consulting ‌and IT support, a senior executive told Reuters. Large IT contracts of ​more than $100 million have doubled in the last 12 months, with deals stemming from manufacturing, logistics and public sector, Sudhir Chaturvedi, chief growth officer and CEO of ‌North America, said ⁠on Tuesday. “North America is back to growth, and we expect strong growth next financial ⁠year.” The company, a subsidiary of telecom giant NTT Group, is building out four data centers in India…

Key PointsLucid is attempting to build an electric car business from the ground up.The company remains a money-losing start-up that is little more than a rounding error compared to its larger peers.10 stocks we like better than Lucid Group ›Shares of Lucid Group (NASDAQ: LCID) are trading at a touch below $10. That’s an interesting level because the stock underwent a 1-for-10 reverse split in late August 2025. If that reverse split hadn’t been implemented, Lucid would be a penny stock right now. Investors looking at this electric vehicle start-up should probably tread with caution.The problems Lucid Group is facingLucid…