Block Banks On Cash App, AI, Buybacks For Its Next Act

Block, Inc. (XYZ) shares are trading higher on Thursday.Yesterday, the company provided guidance at its Investor Day event. • XYZ is gathering positive momentum. Check the market position here.The company also announced a $5 billion increase to its stock repurchase program.JPMorgan analyst Tien-tsin Huang reiterated the Overweight rating on the stock.Huang says Block’s latest Investor Day offered a more confident and disciplined outlook for the company’s next phase.Also Read: IonQ’s Big Market Potential Is ...