Five things to know uh ahead of the opening uh bell. They still got today in there. You know what I'm talking about today, right.Shares of Block are sharply higher after Friday's close. S&P Global announced that the stock will join the S&P 500 on Wednesday. It's going to replace Hess, which was just acquired by Chevron.Alaska Airlines resuming operations uh overnight after grounding its flights for about 3 hours because of an IT outage. The airline requested a systemwide uh ground stop for Alaska and Horizo ...

Jack Dorsey's Bitcoin-centric Block Inc to join S&P 500 this week https://t.co/jkdfE33iyN ...

Group 1 - Block, owner of Square and Cash App, is set to join the S&P 500, replacing Hess starting July 23, marking a significant milestone for the company and the mainstream acceptance of digital payments and cryptocurrency [2][3] - The company has evolved from a payments processing entity to a comprehensive FinTech, offering services such as peer-to-peer transfers, merchant services, and consumer lending, with recent approval from the FDIC to provide consumer loans through Cash App Borrow [3][4] - Block is integrating bitcoin payment capabilities into its Square terminals, reflecting CEO Jack Dorsey's advocacy for cryptocurrency, which aims to empower small businesses by allowing them to accept bitcoin and receive payments faster [4][5] Group 2 - The news of Block's inclusion in the S&P 500 coincided with the cryptocurrency market reaching an all-time high, surpassing $4 trillion, following the passage of three crypto-related bills by Congress [5] - The company is leveraging machine learning for fraud detection, developing internal models to identify potentially scam payments in real-time, enhancing security without disrupting the payment process [6][7]

Block shares surged in extended trading Friday, after S&P Dow Jones Indices said the digital payments provider will be replacing Hess in the benchmark S&P 500 Index next week. https://t.co/xZmcPMKg6c ...

JUST IN: Jack Dorsey's 'Block' to join the S&P 500. ...

JUST IN: Jack Dorsey's Block to join the S&P 500.They hold 8,584 bitcoin on their balance sheet 🚀 https://t.co/6k97CSAuXy ...

Group 1 - Block shares increased by over 10% in extended trading as the fintech company prepares to join the S&P 500, replacing Hess [1] - The addition of Block to the S&P 500 is part of a series of changes, including The Trade Desk replacing Ansys [2][3] - Block's inclusion reflects the growing tech presence in the S&P 500, highlighting the market cap gains of tech companies [4] Group 2 - Block, formerly known as Square, has diversified into crypto, lending, and other financial services since its founding in 2009 [4] - Despite a 14% decline in shares this year, Block maintains a market cap of approximately $45 billion, significantly above the median company in the S&P 500 [5]

BREAKING: Jack Dorsey's Block to join the S&P 500 🔥 https://t.co/Blb7ot5j9t ...

In a pivotal moment for the energy sector, Chevron Corporation‘s CVX has won a dispute with Exxon Mobil Corporation XOM over Hess Corp’s HESS offshore oil assets in Guyana.Exxon CEO Darren Woods confirmed the latest news in an interview with CNBC on Friday.The International Chamber of Commerce’s (ICC) ruling, which favors Chevron, allows the oil major to complete its $53 billion acquisition of Hess.“We disagree with the ICC panel’s interpretation but respect the arbitration and dispute resolution process. A ...

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