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The Latest Breaking News from XYZ

Unusual QQQ Options Activity Prompts Covered Strangle Thought Experiment

The Nasdaq QQQ ETF’s unusual options activity on Thursday prompted a little thought experiment. Although the ETF had plenty of unusually active options yesterday, the $800 call expiring in September 2026 presented an interesting hypothetical.

Barchart

Block's Strong Quarter Overshadowed By Market Overreaction, Growth Story Remains Intact: Analyst

Block Inc (NYSE:XYZ) delivered a strong third quarter, even as investors reacted negatively to temporary headwinds tied to its new processing partner agreement. The company's solid performance was driven by robust growth across both its Cash App and Square businesses.

Benzinga

Block Inc To Hit 'Rule Of 40' By 2026 Despite $70 Million Party, Says JPMorgan

Block Inc.'s (NYSE:XYZ) third quarter may not have been as clean as investors hoped, but JPMorgan analyst Tien-tsin Huang isn't losing faith. The analyst called the third quarter results "not as straightforward as hoped, but still solid overall," and reaffirmed his Overweight rating on the stock with a $100 price…

Benzinga

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Block stock: Analyst Estimates & Ratings

While Block stock has underperformed the broader market over the past year, analysts remain moderately bullish about its prospects.

Barchart

Cathie Wood Bets Big On Jack Dorsey's Bitcoin-Heavy Block, Adds Amazon And Alibaba — Sells Shopify, Surging Palantir

On Monday, Cathie Wood-led Ark Invest executed significant trades, including a notable purchase of shares in Amazon.com Inc. (NASDAQ:AMZN), Block Inc. (NYSE:XYZ), and Alibaba Group Holding Ltd. (NYSE:BABA). Ark sold shares of Shopify Inc. (NASDAQ:SHOP) and Palantir Inc. (NASDAQ:PLTR).

Benzinga

Block's CTO Says 'Perfect Code Doesn't Make A Great Product, Solving Real Problems Does' — Cites YouTube's Success Over Google Video

Block Inc.‘s (NYSE:XYZ) Chief Technology Officer Dhanji Prasanna challenged one of software engineering's core beliefs, arguing that clean, elegant code doesn't guarantee success in solving real problems for users.

Benzinga

Block's Quarterly Earnings Preview: What You Need to Know

Block is scheduled to announce its fiscal third-quarter earnings next month, and analysts project a notable double-digit earnings drop.

Barchart

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Jack Dorsey Wants A Tax Exemption On Everyday Bitcoin Transactions — Cynthia Lummis Points Toward A Bill She Introduced

Sen. Cynthia Lummis (R-Wyo.) backed Block Inc. (NYSE:XYZ) CEO Jack Dorsey’s call for tax relief on Bitcoin (CRYPTO: BTC) transactions on Thursday, citing a supportive legislation she introduced earlier.

Benzinga

Unusual Options Activity: Bullish Traders on Block Could Explore These 2 Strategies

Among the 1,311 unusually active options in Wednesday's trading, Block had six with Vol/OI ratios higher than 1.24 and expiring in seven days or more. Two particular options’ strategies come to mind for bullish investors.

Barchart

Block Shares Hit 8-Month High After Jack Dorsey's Firm Announces Bitcoin Payments For Square PoS System

Fintech company Block Inc. (NYSE:XYZ) said it will integrate Bitcoin (CRYPTO: BTC) into its Square point-of-sale system, enabling merchants to accept and stack the cryptocurrency from their daily sales.

Benzinga

Block CEO Jack Dorsey Invites Businesses Using Square PoS System To Test Bitcoin Payments Feature

Jack Dorsey, co-founder and CEO of Block Inc. (NYSE:XYZ), on Monday encouraged merchants using the company's Square platform to test Bitcoin (CRYPTO: BTC) payments.

Benzinga

Is Block Stock Outperforming the Dow?

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.

Barchart

Jack Dorsey Teases Bitchat's New 'Teleport' Tool: Users Worry About Privacy, Surveillance And Bots

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.

Benzinga

As Block Launches New Bitcoin Mining Tools, Is XYZ Stock a Buy, Sell, or Hold?

As Bitcoin consolidates, could Block’s tech-driven crypto ventures spark sustained growth, or is caution the smarter play?

Barchart

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Benzinga

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).

Barchart

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.

Benzinga

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

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).

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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

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

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

Block Stock Climbs After Q2 Earnings Report: Here's Why

Block, Inc. (NYSE:XYZ) released its second-quarter results after Thursday's closing bell. Here's a look at the details from the report.

Benzinga

Block Likely To Report Lower Q2 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Block, Inc. (NYSE:XYZ) will release earnings results for the second quarter, after the closing bell on Thursday, Aug. 7.

Benzinga

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

Cathie Wood's Wednesday Moves: Ark Dumps Bitcoin-Heavy Block Again, Doubles Down On AMD's AI Chip Rally (CORRECTED)

Editor’s Note: The headline has been corrected from the original version to ensure accuracy and clarity

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