Block, Inc. (XYZ) surged 7.22% on Monday to $78.08 after being added to the S&P 500 index, replacing Hess Corp. Companies added to indices during rebalancing often see a price increase as index-tracking funds buy shares. Inclusion in a market index boosts visibility among investors, a significant milestone for listed companies.

Block, Inc. (XYZ) is set to announce its second-quarter earnings in early August 2025, expecting a 9.5% year-on-year growth in gross profit to $2.45 billion. While XYZ shows promise as an investment, some AI stocks may offer higher returns with limited downside risk. Explore our report on the best short-term AI stock for more insights.

Read more at Yahoo Finance: Block Inc. (XYZ) Jumps 7% on S&P 500 Inclusion