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The Latest Breaking News from Block

Cathie Wood's Thursday Bet: ARK Just Bought $31 Million Worth Of Falling Deere Stock, Also Loads Up On Block, Robinhood Shares

Ark Invest, led by Cathie Wood, made significant trades on Thursday — focusing on Deere Co. (NYSE:DE), Block Inc. (NYSE:XYZ) and Robinhood Markets Inc. (NASDAQ:HOOD).

Benzinga

Should You Buy, Sell, or Hold Block Stock After Its Post-Earnings Pop?

Block stock is down more than 70% from all-time highs despite its recent earnings pop. However, XYZ stock remains a top investment given its cheap valuation.

Barchart

Block (XYZ) Stock Jumps After Announcing $1.5 Billion Debt Offering

Shares of Block Inc (NYSE:XYZ) are trading higher Wednesday afternoon after the company announced its intention to offer $1.5 billion in senior notes. Here’s what investors need to know.

Benzinga

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Cathie Wood Bets $19 Million More On Jack Dorsey's Block Amid Bitcoin's All-Time High Push, Dumps Shopify Stock

On Monday, Cathie Wood-led Ark Invest made significant trades involving Block Inc. (NYSE:XYZ) and Shopify Inc. (NASDAQ:SHOP).

Benzinga

Block Impresses Analysts As Cash App Momentum Builds

Could Block Inc. (NYSE:XYZ) be the unlikely hero of this earnings season? While many expected tech giants to dominate headlines, Block’s surprising financial performance has analysts buzzing. The stock was falling in early trading on Friday, after the company reported upbeat second-quarter earnings on Thursday.

Benzinga

Stock Market Today: Dow Gains, Nasdaq At New High As Apple Rallies; SoundHound Spikes Up On AI Demand

Large-cap indexes close higher in another earnings-packed week. Apple, Cisco, and Alphabet among winners.

Investors Business Daily

Block's Bitcoin Holdings Surge Under New Accounting Rules—Now Worth Nearly A Billion Dollars

Block Inc.‘s (NYSE:XYZ) investment in Bitcoin (CRYPTO: BTC) has surged in value, with the company’s holdings now worth nearly a billion dollars.

Benzinga

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Block CEO Jack Dorsey Credits AI For 'Super-Bullish' Outlook, Faster Product Launches—Raises Full-Year Profit Guidance To $10.17 Billion

Fintech firm Block Inc. (NYSE:XYZ) announced a significant boost to its full-year guidance despite a worse-than-expected second quarter, with CEO Jack Dorsey attributing the company's accelerated growth and product velocity to its adoption of artificial intelligence (AI).

Benzinga

The Trade Desk, SoundHound AI, Eli Lilly, Block And CrowdStrike: Why These 5 Stocks Are On Investors' Radars Today

The U.S. stock market saw a mixed performance today, with the Nasdaq gaining over 70 points, reflecting a 0.35% increase to 21,242.70. Meanwhile, the SP 500 fell by 0.08% to 6,340, and the Dow Jones Industrial Average experienced a decline of 0.5% to settle at 43,968.64.

Benzinga

Square Stock Pops On Q2 Results As Cash App Banking Gains Traction

Square's Q2 earnings and revenue slightly missed Wall Street targets. Square stock popped on improving business trends as some key financial metrics beat expectations.

Investors Business Daily

Cathie Wood's Ark Dumps Block Stock Worth $4.8 Million As Bitcoin-Heavy Company Preps Q2 Results

Cathie Wood-led Ark Invest executed a significant trade in Block Inc. (NYSE:XYZ) on Tuesday. The move comes just days before the company’s much-anticipated second-quarter earnings, due on Thursday, and following its high-profile addition to the SP 500. The move comes amid renewed excitement around Block’s innovative product launches and its growing presence…

Benzinga

A Sneaky Insider Has Spilled Explosive Details About Scott Cam & Adrian Portelli’s Feud

"He gave them the biggest TV moment of the season and barely got a thank you.”

Pedestrian.tv

Cathie Wood Pounces On Tesla Dip: Ark Snaps Up $43.7 Million In EV Stock While Ditching Crypto Shares Amid Bitcoin Frenzy

On Thursday, Cathie Wood-led Ark Invest made significant trades, prominently featuring the purchase of Tesla Inc. (NASDAQ:TSLA) shares across multiple ETFs. This move comes amidst a backdrop of strategic sell-offs in other notable cryptocurrency-linked stocks like Coinbase Global Inc. (NASDAQ:COIN), Block Inc. (NYSE:XYZ), and Robinhood Markets Inc. (NASDAQ:HOOD), along with ARK 21Shares Bitcoin ETF (BATS:ARKB).

Benzinga

Adrian Portelli Announces New Show After Being Barred From The Block & It’s Messy As Hell

Billionaire bidder Adrian Portelli has announced a new home renovation show amidst rumours of a beef with The Block's Scott Cam.

Pedestrian.tv

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Benzinga

Bitcoin Purist Jack Dorsey Was Once Accused of 'Ethereum Hate,' He Made It Clear That 'Focus On One Thing' Isn't The Same As Disdain For The Others

Jack Dorsey, co-founder of Bitcoin (CRYPTO: BTC)-focused firm Block, Inc. (NYSE:XYZ), has openly criticized Ethereum (CRYPTO: ETH), although he has refused to label it as “hate” for the second-largest cryptocurrency.

MarketBeat

Block Levels Up: What S&P 500 Inclusion Means for Investors

Block's inclusion in the S&P 500 provides a major catalyst while its future growth hinges on monetizing Cash App and expanding its Square ecosystem.

Investors Business Daily

Block Scores Relative Strength Rating Upgrade; Hits Key Threshold

Block shows improving price performance, earning an upgrade to its IBD Relative Strength Rating from 69 to 81.

Benzinga

Peter Thiel Effect? Cathie Wood Pours $175 Million Into Bitmine Immersion Stock As Founders Fund Backing, Ethereum Spike Fuels Buzz

Ark Invest, led by Cathie Wood, made significant trades on Monday. Notably, the firm increased its stake in Bitmine Immersion Technologies Inc. (NYSE:BMNR) and Advanced Micro Devices Inc. (NASDAQ:AMD) while reducing its holdings in Coinbase Global Inc. (NASDAQ:COIN) and Block Inc. (NYSE:XYZ). These trades reflect Ark’s strategic adjustments amid evolving market conditions.

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Barchart

Stocks Supported by Chip Stock Strength and Lower Bond Yields

The S&P 500 Index ($SPX ) (SPY ) Monday closed up +0.14%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.50%. September E-mini S&P futures (ESU25 ) rose +0.19%, and September E-mini Nasdaq futures (NQU25...

Kiplinger

Stock Market Today: S&P 500 Hits High After Verizon Earnings

The Nasdaq also notched a new high on Monday, while the Dow finished with a marginal loss.

Barchart

Block Is Joining the S&P 500 Index. Should You Buy XYZ Stock Now?

Block stock extends gains on news it will replace Hess in the S&P 500 index on July 23. Baird says XYZ shares are not out of juice just yet.

Benzinga

Wall Street Meets Web3: Fintech ETFs, SPY, VOO To Get Jack Dorsey Upgrade As Block Joins S&P 500

Jack Dorsey’s Block Inc (NYSE:XYZ) has officially entered the big leagues, and index-tracking ETFs such as SPDR SP 500 ETF TRUST (NYSE:SPY) and Vanguard SP 500 ETF (NYSE:VOO) are coming along for the ride.

Barchart

S&P 500 and Nasdaq 100 Jump to Record Highs as Bond Yields Fall

The S&P 500 Index ($SPX ) (SPY ) today is up +0.54%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.41%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.72%. September E-mini S&P futures (ESU25 ) are up +0.53%, and September E-mini Nasdaq futures...

Barchart

Stocks Climb on Lower Bond Yields and Favorable Corporate News

The S&P 500 Index ($SPX ) (SPY ) today is up +0.30%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.13%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.49%. September E-mini S&P futures (ESU25 ) are up +0.37%, and September E-mini Nasdaq futures...

Barchart

Block Stock Spikes on S&P 500 Index Addition. Here’s What Traders Need to Know.

Jack Dorsey's fintech company will replace recently acquired Hess in the S&P 500 Index.

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