BLOCK(SQ)

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X @Cointelegraph
Cointelegraph· 2025-07-23 03:00
🔥 TODAY: Jack Dorsey's Square has started allowing merchants to accept payments in Bitcoin. https://t.co/GfchPy9aKK ...
X @Documenting ₿itcoin 📄
Documenting ₿itcoin 📄· 2025-07-23 02:13
Square Begins Bitcoin Payment Feature Rollout On Devices Used By 4 Million Businesses and Sellers ...
X @Bitcoin Archive
Bitcoin Archive· 2025-07-22 20:28
NEW: Jack Dorsey's Square to allow merchant to accept Bitcoin native transactions from today! 🔥 https://t.co/efLh2rtMPh ...
Block Levels Up: What S&P 500 Inclusion Means for Investors
MarketBeat· 2025-07-22 19:44
Core Insights - Block's inclusion in the S&P 500 index has led to a significant stock rally, with shares increasing approximately 11% following the announcement, reflecting the company's transition to a major player in the financial sector [3][4]. - The S&P 500 inclusion is expected to create forced buying from passive index funds, generating immediate demand for Block shares, independent of the company's daily performance [5]. - The addition to the index introduces Block to a wider base of institutional investors, enhancing trading liquidity and potentially stabilizing stock prices over time [6]. Business Performance - Block's two main segments, Cash App and Square, are positioned for growth, with a focus on monetization and capturing market share [7][8]. - Cash App has 57 million monthly active users, with gross profit per active user increasing by 9% year-over-year to $81 in Q1 2025, indicating a shift from user acquisition to monetization [9]. - Key initiatives for Cash App include the expansion of Cash App Borrow, which nearly doubles the addressable market, and the integration of Afterpay's BNPL service, enhancing the platform's offerings [10][11]. - Square is experiencing a 9% gross profit growth, outpacing the broader payments industry, driven by a strategy to serve larger businesses, particularly those with over $500,000 in annual sales [12][13]. Future Outlook - Analysts have set a 12-month stock price forecast for Block at $74.91, indicating a potential downside of 5.02% from the current price of $78.87, with a high forecast of $115.00 and a low of $50.00 [14]. - Management anticipates an acceleration in gross profit growth in the second half of 2025, targeting mid-teens growth by year-end [14]. - The upcoming Q2 earnings report on August 7, 2025, is critical for validating the company's growth trajectory and sustaining the momentum gained from S&P 500 inclusion [15][16].
Block Stock Rises 24.7% in a Month: What This Means for Investors
ZACKS· 2025-07-22 18:35
Key Takeaways Block jumped 24.7% in a month, outperforming its industry's 5.7% gain and rising 7.2% intraday yesterday. SBlock, Inc. (XYZ) shares have surged 24.7% in a month, outperforming its industry’s rise of 5.7%. Notably, XYZ shares gained 7.2% during the intra-day trading session yesterday, after Block had made it to the coveted S&P 500 list.On Friday, July 18, S&P Dow Jones Indices announced that it will add Block to the S&P 500 Index, replacing Hess, which is set to be acquired by Chevron. The cha ...
Block S&P 500 Debut Could See 759% Volume Frenzy, 54 Million Shares Snapped Up: JPMorgan
Benzinga· 2025-07-21 16:18
Block Inc. XYZ is gearing up for a major milestone. The fintech company is set to join the S&P 500 index ahead of trading on Wednesday, July 23. Analysts expect the inclusion to trigger significant buying pressure from index funds. JPMorgan analyst Min Moon is forecasting a net demand of 54.2 million shares. That’s equivalent to 759% of Block's average daily trading volume.Indexer Demand BreakdownThe surge in demand comes from two main forces. S&P 500 index funds will need to purchase roughly 70.9 million s ...
Block's Blueprint For A Bounce Back
Seeking Alpha· 2025-07-21 15:41
Since my last coverage , Block, Inc. (NYSE: XYZ ) is down by 10% underperforming the S&P 500’s 5% gain. This points to near-term concerns around macro consumer weakness and delayed monetization. At that time, the thesis was basedHi, I'm Yiannis. Spotting winners before they break out is what I do best.Experience: Previously worked at Deloitte and KPMG in external/internal auditing and consulting. Education: Chartered Certified Accountant, Fellow Member of ACCA Global, with BSc and MSc degrees from U.K. busi ...
今夜,见证历史!全线爆发!
券商中国· 2025-07-21 14:53
纳指首次突破21000点。 21日晚间,美股大型科技股集体走强,纳指、标普500指数盘中均创出历史新高,纳指首次站上21000点大关。 有分析指出,美股上市公司超预期的财报是美股市场持续上涨的主要原因之一。 受此影响,美股加密货币概念股盘初全线爆发,Galaxy Digital、SharpLink Gaming大涨超15%,BTCS Inc涨超 12%,Bit Origin涨超6%。 与此同时,美股大型科技股亦集体走强,谷歌大涨超2%,苹果涨1.8%,Meta、博通涨超1%,英伟达、亚马 逊、微软、台积电ADR、特斯拉均小幅上涨。 另外,美股金融科技公司Block股价大涨超7%,消息面上,Block将于7月23日被纳入标普500指数,将取代即 将被雪佛龙收购而退出指数的Hess公司。 当前,美联储的货币政策预期也持续扰动美股市场。美东时间7月21日,美国财长贝森特表示,如果美国通胀 数据低,美联储就应该降息。降低利率将释放抵押贷款市场。 贝森特补充说,他们需要审查整个美联储机构,但贝森特没有对关于他曾建议美国总统特朗普不要解雇鲍威尔 的报道发表评论。 此前有消息称,贝森特警告特朗普"如果你解雇美联储主席鲍威尔 ...
Block Stock Pops on S&P 500 Inclusion News
Schaeffers Investment Research· 2025-07-21 14:38
Tech giant Block Inc (NYSE:XYZ) is charging 9% higher to trade at $79.21 at last glance, after news broke late last week it will be joining the S&P 500 Index (SPX) before the bell on Wednesday. Block stock will replace Hess (HES), after the company was purchased by Chevron (CVX) for $53 billionXYZ is now on track for a fourth-straight daily win, aiding in its attempt to erase some of its 7% year-to-date deficit. Should today's gains hold, the equity will log its best daily pop since May 12, though potential ...
Block Surges on S&P 500 Inclusion: ETFs in Focus
ZACKS· 2025-07-21 11:30
Shares of Block Inc. (XYZ) jumped over 8.5% in extended trading on July 18, 2025, following news that the fintech company will join the S&P 500 index, replacing Hess. The addition becomes effective before the opening bell on July 23, according to a statement from S&P Dow Jones Indices.Recent Changes to the S&P 500This marks the second alteration to the benchmark index last week. Earlier, ad-tech firm The Trade Desk was added to the S&P 500, taking the place of software company Ansys. The latter was acquired ...