Block Bulls Charge Into Q3 As Cathie Wood Sells, Dorsey Restructures
Block Bulls Charge Into Q3 As Cathie Wood Sells, Dorsey Restructures
Meanwhile, CEO Block Inc (NASDAQ:SQ) will be reporting its third-quarter earnings on Thursday. Wall Street expects 87 cents in EPS and $6.24 billion in revenues when the company reports after market hours.
Block Inc（納斯達克:SQ）將於週四發佈其第三季度收益報告。華爾街預計公司在盤後公佈時將實現每股收益87美分和62.4億美元的營收。
The stock is up 52.09% over the past year and 7.5% year-to-date. In the lead-up to Block's third-quarter earnings, notable activity surrounding the stock could impact sentiment.
該股過去一年上漲52.09%，年初至今上漲7.5%。在Block公司第三季度收益公佈前，圍繞該股票的活動可能會影響市場情緒。
Block Bulls Ride High as Ark Sells, Dorsey Restructures Tidal
看好Block的牛市隨着Ark出售股票、Dorsey重組Tidal而持續高漲。
Cathie Wood's Ark Invest recently sold 31,771 shares of the Bitcoin (CRYPTO: BTC) — focused Block, valued at approximately $2.5 million, through the ARK Innovation ETF (NYSE:ARKK) and the ARK Fintech Innovation ETF (NYSE:ARKF).
凱瑟琳·伍德（Cathie Wood）的Ark Invest最近通過ARk Innovation ETF（紐交所:ARKK）和ARk Fintech Innovation ETF（紐交所:ARKF）賣出了比特幣（CRYPTO: BTC） - 重點關注Block的31,771股，價值約250萬美元。
Meanwhile, CEO Jack Dorsey announced another round of layoffs at Tidal, Block's music streaming subsidiary, aiming to reshape the business with a leaner, more agile team. These moves underscore Block's focus on cost efficiency and resource allocation as it prepares for upcoming earnings.
與此同時，CEO傑克·多爾西（Jack Dorsey）宣佈Tidal的另一輪裁員，Block旗下的音樂流媒體子公司，旨在通過更敏捷的團隊重塑業務。這些舉措突出了Block專注於成本效益和資源配置，以備即將公佈的收益。
Let's look at what the charts indicate for Block stock and how the stock currently maps against Wall Street estimates.
讓我們來看看圖表對Block股票的指示以及該股票如何與華爾街估計相匹配。
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閱讀更多：特朗普勝選後，道瓊斯指數飆升1500多點至新高：投資者情緒改善，恐慌和貪婪指數移至'中立'區域
Block Stock Riding A Bullish Wave, But Overheating?
Block股票乘放積極浪潮，但是否有過熱風險？
Block stock is currently on a strong bullish trend. Its share price of $78.80 sits comfortably above key moving averages, signaling sustained buying pressure.
Block股票目前處於強勁的看漲趨勢。其每股價格爲78.80美元，明顯高於關鍵移動平均線，表明持續的買盤壓力。
Chart created using Benzinga Pro
Chart created using Benzinga Pro
With the five, 20 and 50-day exponential moving averages all trending below the current price, the momentum suggests continued bullish potential. SQ's eight-day and 20-day simple moving averages at $74.06 and $73.26, respectively, both flash bullish signals, confirming short-term strength.
用五日、20日和50日指數移動平均線都在當前價格下方趨勢，動能暗示持續的看漲潛力。SQ的八日和20日簡單移動平均線分別爲74.06美元和73.26美元，都顯示出積極信號，證實短期強勢。
On a broader scale, the 50-day SMA at $68.77 and the 200-day SMA at $69.41 further validate the bullish case, marking solid support levels under SQ's current price.
在更宏觀的層面上，50日簡單移動平均線爲68.77美元，200日簡單移動平均線爲69.41美元，進一步驗證了看漲情況，標誌着SQ當前價格下方的堅實支撐水平。
The Moving Average Convergence Divergence (MACD) indicator, at a healthy 1.95, adds to the positive outlook. However, with Block's Relative Strength Index (RSI) now hovers at 72.05. The stock is in the overbought zone, triggering a potential for a near-term pullback.
移動平均收斂差離（MACD）指標良好，爲1.95，進一步提升了積極前景。然而，隨着Block的相對強弱指標（RSI）目前處於72.05，表明股票處於超買區，觸發了近期可能出現回調的潛力。
Investors should watch if Block can sustain this buying pressure or if the RSI calls for a cooling-off period.
投資者應該關注Block是否能夠維持這種買盤壓力，或者RSI是否呼籲降溫期。
Analysts See 5% Upside
分析師預計上漲5%
Block Ratings & Consensus Estimates: The consensus analyst rating on Block stock stands at a Buy currently with a price target of $86.49. The latest analyst ratings for Block stock, from RBC Capital, BMO Capital and New Street Research, imply a 5.49% upside, with an average price target of $83.33.
板塊評級與共識預估：當前對板塊股票的共識分析師評級爲買入，目標價爲86.49美元。來自RBC Capital、BMO Capital和New Street Research的最新分析師評級顯示，板塊股票有5.49%的上漲空間，平均目標價爲83.33美元。
SQ Price Action: Block stock closed the trading day Wednesday at $77.64, up 7.27%.
SQ價格走勢：板塊股票週三收盤價爲77.64美元，上漲了7.27%。
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Image: Shutterstock
圖片：shutterstock
譯文內容由第三人軟體翻譯。
