Inside Block’s Fundamental Performance Block maintains a strong financial position with impressive metrics, including $13 billion in cash and a favorable debt-to-equity ratio of 14.2%. The company ...
(Reuters) -Tech billionaire Jack Dorsey-led Block's shares rose 7% in morning trading on Monday after the payments firm was added to the benchmark S&P 500, marking a milestone for the fintech sector.
Block’s inclusion in the S&P 500 could indirectly increase equity investors’ exposure to Bitcoin and the asset’s mainstream acceptance. Jack Dorsey’s technology company Block joined the Standard & ...
Block joined the S&P 500 this morning. The Bitcoin-focused payments company will be the second blockchain company to join the club. Shares of Block have risen 9% since the announcement that it would ...
The S&P 500 is getting another shakeup, this time with the addition of Block Inc. S&P Dow Jones Indices, which determines membership of the benchmark index SPX, said after the close of Friday trading ...
Kara Greenberg is a senior news editor for Investopedia, where she does work writing, editing, and assigning daily markets and investing news. Prior to joining Investopedia, Kara was a researcher and ...
Jack Dorsey’s financial services company, Block, Inc., surged almost 9% in after-hours trading on Friday following the news that it will be added to the S&P 500, the benchmark index of the 500 largest ...
Block (NYSE:XYZ) has surged by over 7% this morning after the S&P Dow Jones Indices announced that this company is joining the S&P 500 Index effective Wednesday. This has pushed the stock above its ...
(RTTNews) - S&P Dow Jones Indices, a division of S&P Global (SPGI), announced that Block Inc. (XYZ) will replace Hess Corp. (HES) in the S&P 500 effective prior to the opening of trading on Wednesday, ...
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