The Latest Breaking News from XYZ

Block has significantly outperformed the Dow over the past year and in recent months, and analysts remain bullish on the stock’s longer-term prospects.

Block Inc. (NYSE:XYZ) CEO Jack Dorsey revealed a new location chat feature for his decentralized messaging application Bitchat on Thursday, claiming to “teleport” anywhere in the world.

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

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.

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.

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).

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…

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).

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.