ASX-listed shares of Block Inc jumps on upbeat earnings, forecast hike

** ASX-listed shares of Block Inc XYZ.AX soars as much as 9.8% to A$127.88, hitting their highest level since February 20

** Payments firm reported rise in Q2 income and raised its annual gross profit forecast on Thursday helped by resilient consumer spending

** Co sees 2025 gross profit of $10.17 billion, up from the $9.96 billion it forecast earlier

** More than 408,600 shares change hand, about 2.0x their 30 day average

** YTD, stock down 10.9%, including current session's move

($1 = 1.5344 Australian dollars)