Jack Dorsey-led Block set to join S&P 500 index in new milestone, to replace Hess

Jack Dorsey’s Block Inc. is set to join the S&P 500 index, a milestone that underscores the growing influence of digital payments and crypto in mainstream finance. The fintech firm will replace Hess Corp. in the benchmark, following Chevron Corp.’s $53 billion acquisition of the energy producer. The changes will go into effect prior to … Read more

Block shares soar 10% on entry into S&P 500

Jack Dorsey, co-founder and chief government officer of Twitter Inc. and Sq. Inc., listens throughout the Bitcoin 2021 convention in Miami, Florida, on Friday, June 4, 2021. Eva Marie Uzcategui | Bloomberg | Getty Photos Block shares jumped greater than 10% in prolonged buying and selling on Friday, because the fintech firm will get set … Read more