Block Soars on Results; Flutter Slumps After Revenue Miss; Duolingo Sinks
On this episode of Stock Movers: - Block (XYZ) shares rally after the financial technology company said it was reducing its workforce by nearly half in a bet on AI. Jack Dorsey’s firm also raised its full-year outlook for gross profit, which was already above the average analyst estimate. - Flutter (FLUT) shares fall after the gambling company reported fourth-quarter results that fell short of Wall Street estimates. Guidance for 2026 was worse than expected, according to analysts, who pointed to increasing competitive pressures in the US sports-betting market as a key concern. -…
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