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- 1d47fe921d47fe92
  ·2022-02-25
  👍🏼👍🏼
  Shares of Block Soared over 15% Premarket as Q4 Results Beat Estimates
  Shares of Block Soared over 15% Premarket as Q4 Results Beat Estimates.Payments platform Block beat
  Shares of Block Soared over 15% Premarket as Q4 Results Beat Estimates
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- 1d47fe921d47fe92
  ·2022-02-18
  👍🏼
  1 No-Brainer Growth Stock That Could Soar, According to Wall Street
  This company wasn't spared in the recent stock market sell-off.
  1 No-Brainer Growth Stock That Could Soar, According to Wall Street
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The company reported a profit of $1.18 billion, up from the $804 million a year earlier.</p><p>Square, the company’s business for sellers, generated a profit of $657 million, while Cash App reported a profit of $518 million. Square’s profit from markets outside the United States grew 60% year-over-year in the fourth quarter, faster than the business overall.</p><p>Block reported earnings per share of $0.27, beating analysts&#39; average estimates of $0.22. Despite the report, shares of Block fell as much as 4.5% in after-hours trade to $91.44 following results.</p><p>Block&#39;s Cash App generated $1.96 billion of bitcoin revenue during the fourth quarter, up 12% year over year despite the cryptocurrency’s sharp swings in value through the end of the year.</p><p></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Shares of Block Soared over 15% Premarket as Q4 Results Beat Estimates</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nShares of Block Soared over 15% Premarket as Q4 Results Beat Estimates\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-02-25 17:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Shares of Block Soared over 15% Premarket as Q4 Results Beat Estimates.<img src=\"https://static.tigerbbs.com/01432f82d72b37eacd3e4dc5a92353ba\" tg-width=\"888\" tg-height=\"639\" referrerpolicy=\"no-referrer\"/>Payments platform <a href=\"https://laohu8.com/S/SQ\">Block</a> beat profit estimates, as busier trading in bitcoin softened the blow from declining growth in digital commerce.</p><p>Block, which changed its name from Square in December, posted net revenue of $4.08 billion in the fourth quarter, up from $3.16 billion last year, as several of the firm’s business lines continued to grow. The company reported a profit of $1.18 billion, up from the $804 million a year earlier.</p><p>Square, the company’s business for sellers, generated a profit of $657 million, while Cash App reported a profit of $518 million. Square’s profit from markets outside the United States grew 60% year-over-year in the fourth quarter, faster than the business overall.</p><p>Block reported earnings per share of $0.27, beating analysts&#39; average estimates of $0.22. Despite the report, shares of Block fell as much as 4.5% in after-hours trade to $91.44 following results.</p><p>Block&#39;s Cash App generated $1.96 billion of bitcoin revenue during the fourth quarter, up 12% year over year despite the cryptocurrency’s sharp swings in value through the end of the year.</p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SQ":"Block"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181001731","content_text":"Shares of Block Soared over 15% Premarket as Q4 Results Beat Estimates.Payments platform Block beat profit estimates, as busier trading in bitcoin softened the blow from declining growth in digital commerce.Block, which changed its name from Square in December, posted net revenue of $4.08 billion in the fourth quarter, up from $3.16 billion last year, as several of the firm’s business lines continued to grow. The company reported a profit of $1.18 billion, up from the $804 million a year earlier.Square, the company’s business for sellers, generated a profit of $657 million, while Cash App reported a profit of $518 million. Square’s profit from markets outside the United States grew 60% year-over-year in the fourth quarter, faster than the business overall.Block reported earnings per share of $0.27, beating analysts' average estimates of $0.22. Despite the report, shares of Block fell as much as 4.5% in after-hours trade to $91.44 following results.Block's Cash App generated $1.96 billion of bitcoin revenue during the fourth quarter, up 12% year over year despite the cryptocurrency’s sharp swings in value through the end of the year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":50,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9094498661,"gmtCreate":1645198591519,"gmtModify":1676534008436,"author":{"id":"4103360034816100","authorId":"4103360034816100","name":"1d47fe92","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4103360034816100","authorIdStr":"4103360034816100"},"themes":[],"htmlText":"👍🏼","listText":"👍🏼","text":"👍🏼","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094498661","repostId":"2212856614","repostType":4,"repost":{"id":"2212856614","kind":"highlight","pubTimestamp":1645191780,"share":"https://ttm.financial/m/news/2212856614?lang=&edition=fundamental","pubTime":"2022-02-18 21:43","market":"us","language":"en","title":"1 No-Brainer Growth Stock That Could Soar, According to Wall Street","url":"https://stock-news.laohu8.com/highlight/detail?id=2212856614","media":"Motley Fool","summary":"This company wasn't spared in the recent stock market sell-off.","content":"<html><head></head><body><p>In the past six months, share prices of <b><a href=\"https://laohu8.com/S/SQ\">Block</a></b> (NYSE:SQ), the company formerly known as Square, have dropped sharply along with many other growth stocks. Investors have been exiting this sector of the market, especially the stocks that aren&#39;t consistently profitable. There are increased concerns that perceived marketwide issues, including potential interest rate hikes in the U.S., could weigh on these companies.</p><p>Despite the bearish attitude toward the stock, Wall Street remains bullish on Block&#39;s future as a business. When averaging the price targets of various analysts following the stock, they think the stock price should be $242.53, according to Yahoo! Finance. That represents an upside of about 117% from the stock&#39;s current price.</p><p>Are the analysts right to place such lofty expectations on Block? I think so, and here&#39;s why.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e4cd6fd5b32c789d69126c4023a275a8\" tg-width=\"720\" tg-height=\"449\" referrerpolicy=\"no-referrer\"/><span>SQ data by YCharts.</span></p><h2>Block&#39;s original business can still drive growth</h2><p>Novel and practical solutions to age-old problems are always welcome. Block was a pioneer in developing such solutions for businesses. Every company needs a way to process transactions. However, traditional point-of-sale (POS) systems are clunky and expensive. Block offered companies the ability to turn almost any mobile device into a POS system thanks to the slick hardware it provides and the accompanying software.</p><p>The company successfully built an ecosystem of sellers thanks to this, and it provided other services to these sellers, including payroll and data analytics tools. While Block&#39;s seller services are now somewhat widespread within the company&#39;s target market, there are likely scores of businesses out there that still don&#39;t use the company&#39;s products.</p><p>Block management once estimated that its seller business boasted a more than $100 billion market opportunity, with very low penetration. Block has the potential to make significant headway into this market in the coming years. Even capturing only a portion of it will help the tech company substantially grow its seller revenue.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/325bec20bf300694c3a86d1c4db7bbb8\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"/><span>Image source: Getty Images.</span></p><h2>Block&#39;s Cash App is disrupting traditional banking</h2><p>In addition to its seller ecosystem, Block&#39;s peer-to-peer (P2P) payment app, Cash App, has massive opportunities. The company is looking to provide traditional banking and other financial services to individuals via this app. It now offers a debit card, the ability to buy and sell stocks and cryptocurrencies, direct deposits, and tax preparation services.</p><p>Cash App recently extended some of these services to young adults between the ages of 13 and 17 (with parental guidance) for a straightforward reason: Block argues that teens have often been overlooked by the financial services industry. Block&#39;s mission with its Cash App is to precisely target those historically underbanked communities, and the company will continue to increase the range of services it offers.</p><p>In January, Block completed the acquisition of buy now, pay later (BNPL) company Afterpay in an all-stock transaction valued at $29 billion. The BNPL trend, which has been gaining steam, allows consumers to purchase items and pay for them on an installment basis, often with no interest. Block&#39;s acquisition of Afterpay will serve both its seller and Cash App ecosystems. As the company said in a press release, &#34;Together, Square and Afterpay intend to enable sellers of all sizes to offer &#39;buy now, pay later&#39; (BNPL) at checkout, give Afterpay consumers the ability to manage their installment payments directly in Cash App, and give Cash App customers the ability to discover sellers and BNPL offers directly within the app.&#34;</p><p>Block&#39;s most recent ventures, including targeting teens with its banking services and adding BNPL options to its business, will help attract new users onto Cash App, thereby helping the company grow its ecosystem. And that&#39;s great news for its long-term master plan.</p><h2>Be aware of these risks</h2><p>While Block&#39;s Cash App and seller ecosystems are booming and still have considerable room to grow, the company changed its name in part to reflect its increased focus on cryptocurrencies and the potential of the blockchain. CEO Jack Dorsey is very much a crypto enthusiast, to say the least, even going as far as asserting that <b>Bitcoin</b> will eventually replace the U.S. dollar. Block has invested heavily in Bitcoin, and it generates a significant amount of revenue from Bitcoin trading on its Cash App. The company recorded $1.81 billion in Bitcoin revenue in the third quarter, representing an 11% year-over-year increase.</p><p>But Bitcoin gross profit in Q3 only came in at $42 million. The company&#39;s total Q3 revenue was $3.84 billion, growing by 27% year over year, while its gross profit of $1.13 billion soared by 42% compared to the year-ago period. The company broke even during the quarter.</p><p>The market might increasingly perceive Block as a crypto play, and that could bring some added volatility as the crypto market is not the most stable in the world. Furthermore, Block still isn&#39;t consistently profitable, and in today&#39;s environment, that could disrupt the company&#39;s near-term progress.</p><h2>Investor takeaway</h2><p>Even with all these caveats, I see Block as an excellent long-term stock to buy, thanks to the potential that both its seller and Cash App ecosystems bring and the name recognition it has already garnered in its industry. I do not think the company&#39;s share prices will more than double in value in the next 12 to 18 months to attain the street&#39;s lofty price targets, but even if they don&#39;t, patient investors will be rewarded with solid growth down the road.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>1 No-Brainer Growth Stock That Could Soar, According to Wall Street</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n1 No-Brainer Growth Stock That Could Soar, According to Wall Street\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-18 21:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/02/17/1-no-brainer-growth-stock-that-could-soar-block/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In the past six months, share prices of Block (NYSE:SQ), the company formerly known as Square, have dropped sharply along with many other growth stocks. Investors have been exiting this sector of the ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/02/17/1-no-brainer-growth-stock-that-could-soar-block/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4551":"寇图资本持仓","BK4106":"数据处理与外包服务","SQ":"Block","BK4528":"SaaS概念","BK4554":"元宇宙及AR概念","BK4503":"景林资产持仓"},"source_url":"https://www.fool.com/investing/2022/02/17/1-no-brainer-growth-stock-that-could-soar-block/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2212856614","content_text":"In the past six months, share prices of Block (NYSE:SQ), the company formerly known as Square, have dropped sharply along with many other growth stocks. Investors have been exiting this sector of the market, especially the stocks that aren't consistently profitable. There are increased concerns that perceived marketwide issues, including potential interest rate hikes in the U.S., could weigh on these companies.Despite the bearish attitude toward the stock, Wall Street remains bullish on Block's future as a business. When averaging the price targets of various analysts following the stock, they think the stock price should be $242.53, according to Yahoo! Finance. That represents an upside of about 117% from the stock's current price.Are the analysts right to place such lofty expectations on Block? I think so, and here's why.SQ data by YCharts.Block's original business can still drive growthNovel and practical solutions to age-old problems are always welcome. Block was a pioneer in developing such solutions for businesses. Every company needs a way to process transactions. However, traditional point-of-sale (POS) systems are clunky and expensive. Block offered companies the ability to turn almost any mobile device into a POS system thanks to the slick hardware it provides and the accompanying software.The company successfully built an ecosystem of sellers thanks to this, and it provided other services to these sellers, including payroll and data analytics tools. While Block's seller services are now somewhat widespread within the company's target market, there are likely scores of businesses out there that still don't use the company's products.Block management once estimated that its seller business boasted a more than $100 billion market opportunity, with very low penetration. Block has the potential to make significant headway into this market in the coming years. Even capturing only a portion of it will help the tech company substantially grow its seller revenue.Image source: Getty Images.Block's Cash App is disrupting traditional bankingIn addition to its seller ecosystem, Block's peer-to-peer (P2P) payment app, Cash App, has massive opportunities. The company is looking to provide traditional banking and other financial services to individuals via this app. It now offers a debit card, the ability to buy and sell stocks and cryptocurrencies, direct deposits, and tax preparation services.Cash App recently extended some of these services to young adults between the ages of 13 and 17 (with parental guidance) for a straightforward reason: Block argues that teens have often been overlooked by the financial services industry. Block's mission with its Cash App is to precisely target those historically underbanked communities, and the company will continue to increase the range of services it offers.In January, Block completed the acquisition of buy now, pay later (BNPL) company Afterpay in an all-stock transaction valued at $29 billion. The BNPL trend, which has been gaining steam, allows consumers to purchase items and pay for them on an installment basis, often with no interest. Block's acquisition of Afterpay will serve both its seller and Cash App ecosystems. As the company said in a press release, \"Together, Square and Afterpay intend to enable sellers of all sizes to offer 'buy now, pay later' (BNPL) at checkout, give Afterpay consumers the ability to manage their installment payments directly in Cash App, and give Cash App customers the ability to discover sellers and BNPL offers directly within the app.\"Block's most recent ventures, including targeting teens with its banking services and adding BNPL options to its business, will help attract new users onto Cash App, thereby helping the company grow its ecosystem. And that's great news for its long-term master plan.Be aware of these risksWhile Block's Cash App and seller ecosystems are booming and still have considerable room to grow, the company changed its name in part to reflect its increased focus on cryptocurrencies and the potential of the blockchain. CEO Jack Dorsey is very much a crypto enthusiast, to say the least, even going as far as asserting that Bitcoin will eventually replace the U.S. dollar. Block has invested heavily in Bitcoin, and it generates a significant amount of revenue from Bitcoin trading on its Cash App. The company recorded $1.81 billion in Bitcoin revenue in the third quarter, representing an 11% year-over-year increase.But Bitcoin gross profit in Q3 only came in at $42 million. The company's total Q3 revenue was $3.84 billion, growing by 27% year over year, while its gross profit of $1.13 billion soared by 42% compared to the year-ago period. The company broke even during the quarter.The market might increasingly perceive Block as a crypto play, and that could bring some added volatility as the crypto market is not the most stable in the world. Furthermore, Block still isn't consistently profitable, and in today's environment, that could disrupt the company's near-term progress.Investor takeawayEven with all these caveats, I see Block as an excellent long-term stock to buy, thanks to the potential that both its seller and Cash App ecosystems bring and the name recognition it has already garnered in its industry. I do not think the company's share prices will more than double in value in the next 12 to 18 months to attain the street's lofty price targets, but even if they don't, patient investors will be rewarded with solid growth down the road.","news_type":1},"isVote":1,"tweetType":1,"viewCount":87,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}