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Block's Q4 gross profit outlook of 14% fell short of expectations, prompting analysts to predict growth acceleration won't occur until the second half of 2025. Despite this, BTIG's Andrew Harte maintains a buy rating, citing the company's strong product adoption and attractive valuation. Meanwhile, Amazon and Uber also received positive analyst ratings, with Amazon benefiting from its cloud and advertising sectors, and Uber focusing on autonomous vehicle rollouts to enhance service and margins.
Following Donald Trump's election victory, US stocks surged, with the S&P 500 closing above 6000 points and banking stocks seeing significant gains. Trump's protectionist policies are expected to benefit small businesses and the cryptocurrency sector, with bitcoin reaching over $87,000. However, concerns over renewed US-China trade tensions arise as Trump threatens tariffs, prompting mixed expert opinions on the potential for a trade war.
Jack Dorsey is scaling back his crypto ambitions at Block, previously focused on decentralized financial services and Web5. The company is winding down its TBD efforts while maintaining a significant bitcoin investment and exploring bitcoin mining and wallet initiatives. Amidst a challenging market and declining stock value, Dorsey has shifted focus to lending products, notably the buy now, pay later service from Afterpay, without mentioning crypto in his recent communications.
Shares of Marqeta Inc. plummeted over 40% following a disappointing fourth-quarter outlook, with the company forecasting gross-profit growth of only 13%-to-15%, significantly below the 23% consensus. Increased regulatory scrutiny in the banking sector has been cited as a contributing factor to this outlook. For more details, visit [Bloomberg](https://www.bloomberg.com).
Analysts from Sandstone Insights discuss Beach Energy and Woodside Energy, alongside Block Inc. Beach Energy's share price currently reflects minimal value for potential exploration and production growth. In contrast, Block Inc. is experiencing upgraded earnings guidance and improved profitability, suggesting a positive re-rating for the stock.
Block, Inc.
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
top analysts recommend amazon uber and block for long term growth
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