Block, headquartered in Oakland, California, employs 12,985 people and operates two segments: Square, offering payment and business solutions, and Cash App, providing financial tools and services. The company went public on November 19, 2015.
XYZ has been in the news recently: On July 23, 2025, Block Inc. will join the S&P 500 index, significantly boosting its shares by nearly 10%. This milestone comes in the context of Chevron's acquisition of Hess, which has intensified competition in the fintech sector.
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