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Block Surges 10% as S&P 500 Inclusion Announced

7/19/2025

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Summary

Story summary

Block (XYZ) will replace Hess (HES) in the S&P 500 index on July 23 following Chevron's acquisition.
Block's stock surged 10% late Friday, with an overall weekly gain of 11.8%.
Robinhood (HOOD) missed S&P 500 inclusion again, despite an 11.6% weekly increase.
AppLovin, Carvana, and Interactive Brokers exhibited mixed performance throughout the week.

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Story summary

Block (XYZ) will replace Hess (HES) in the S&P 500 index on July 23 following Chevron's acquisition.
Block's stock surged 10% late Friday, with an overall weekly gain of 11.8%.
Robinhood (HOOD) missed S&P 500 inclusion again, despite an 11.6% weekly increase.
AppLovin, Carvana, and Interactive Brokers exhibited mixed performance throughout the week.