Weekly | XYZ Jumps 15.5% as Bridgewater Backs Rebound!
@ASX_Stars:
As of the close on Friday, $S&P/ASX 200(XJO.AU)$ closed at 8231.20 on Friday, up 0.48% in the past 5 days.1. $Block Inc(XYZ.AU)$ +15.5%Despite the disappointing Q1 2025 earnings, Block shows a 43.43% upside potential as of May 2, 2025. This suggests market confidence in a potential rebound and long-term growth.With a substantial stake of $104.5 million from Bridgewater, XYZ is backed by one of the most successful hedge funds in the world, indicating a strong belief in its future potential despite the short-term challenges.2. $QANTAS AIRWAYS LIMITED(QAN.AU)$ +8.83%Shares of Qantas Airways rose to a one-month high, tracking a drop in oil prices after OPEC