SeaStar Medical Holding Stock (NASDAQ: ICUCW)

Latest news for SeaStar Medical Holding (NASDAQ:ICUCW) Stock

SeaStar Medical Holding Corp is a medical technology company developing proprietary solutions to reduce the consequences of hyperinflammation on vital organs. It is developing and commercializing extracorporeal therapies that target the effector cells that drive systemic inflammation, causing direct tissue damage and secreting a range of pro-inflammatory cytokines that initiate and propagate imbalanced immune responses.

SeaStar Medical Holding Corporation - Warrant

SeaStar Medical Holding Corp

Mizuho analyst Maheep Mandloi maintains GE Vernova (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEV#NYSE">GEV</a>) with a Outperform and raises the price target from $186 to $208.

News

Price Target

Analyst Ratings

Mizuho Maintains Outperform on GE Vernova, Raises Price Target to $208

Shares of New York Community Bancorp, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NYCB#NYSE">NYCB</a>) were climbing on Friday, after the company reported its second-quarter results. The company had agreed in May to sell around <a href="https://www.benzinga.com/markets/equities/24/05/38837953/why-is-new-york-community-bancorp-stock-higher-premarket-wednesday">$5 billion in mortgage warehouse loans to</a> JPMorgan Chase &amp; Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>).
The results came amid an <a href="https://www.benzinga.com/earnings">exciting earnings season</a>. Here are some key analyst takeaways.
JPMorgan On New York Community Bancorp
Analyst Steven Alexopoulos reiterated a Neutral rating, while reducing the price target from $12.50 to $10.50.
New York Community Bancorp reported a larger-than-expected loss for the second quarter, while "fairly meaningfully" lowering its baseline forecasts for 2024-2026 PTPP (pre-tax pre-provision profit), a quarter after the new management laid out strategic targets, Alexopoulos said in a note.
"With the baseline forecasts for 2024-2026 provision having also increased versus the prior quarter, the second quarter results largely reaffirmed our prior view that the credit risk profile of the company remains elevated," the analyst wrote. The company is unlikely to reach peer-level of profitability by 2026, he added.
Check out <a href="https://www.benzinga.com/analyst-stock-ratings">other analyst stock ratings</a>.
Wedbush On New York Community Bancorp
Analyst David Chiaverini maintained a Neutral rating and price target of $10.50.
New York Community Bancorp reported a weaker-than-expected quarter and lowered its near- and long-term guidance, Chiaverini said. 
"2024 continues to be a bumpy transition year for NYCB, and along with earnings, the company announced that it would be divesting its Flagstar mortgage servicing and third party origination platform in a sale to Mr. Cooper for $1.4 billion," he added.
While deposit growth was positive is the second quarter, most of it was generated on the interest-bearing side, the analyst stated. "The credit story remains fluid with large sequential increases in both net charge-offs and nonperforming loans," he further wrote.
NYCB Price Action: Shares of New York Community Bancorp were up 3.49% to $10.98 at the time of publication on Friday.
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Photo: Shutterstock

Analyst Color

Earnings

Reiteration

Movers

Trading Ideas

NYCB

New York Community Bancorp's 'Credit Story Remains Fluid': Analysts React To Q2 Results

Uber Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) shares are trading lower today. On Thursday, the California Supreme Court <a href="https://www.uber.com/newsroom/prop-22-upheld/" target="_blank" rel="noreferrer noopener">upheld </a>Proposition 22, affirming the decision for the rideshare companies to consider drivers as independent contractors.
In November 2020, California voters approved Proposition 22, a statewide ballot measure that protected the ability of app-based rideshare and food delivery drivers to work as independent contractors with access to guaranteed earnings and new benefits. As independent contractors, drivers maintain control over when, where and how long they work.
Since its enactment, Prop 22 has benefitted millions of drivers and couriers on platforms like Uber, which has provided over $1 billion in direct benefits.
The California Supreme Court&#8217;s ruling is a significant win for the ride-hailing industry, which argued that requiring companies to classify drivers as employees could lead to service cutbacks or termination in the state, reported Reuters.
Read: <a target="_blank" href="https://www.benzinga.com/markets/asia/24/07/39681081/ubers-hong-kong-operations-in-limbo-as-government-plans-regulation-for-ride-hailing-services" rel="noreferrer noopener">Uber&#8217;s Hong Kong Operations In Limbo As Government Plans Regulation For Ride-Hailing Services</a>
The court rejected a lawsuit from the Service Employees International Union (SEIU) and four drivers challenging the constitutionality of Proposition 22. This 2020 measure maintains drivers&#8217; contractor status while offering some benefits.
Uber said the ruling upheld &#8220;the will of the nearly 10 million Californians who voted to deliver historic benefits and protections to drivers, while protecting their independence.&#8221;
Earlier in the month, Uber introduced&nbsp;new nautical experiences designed to enhance tourists&#8217; adventures across Europe. Among these offerings is&nbsp;Uber Yacht, which will debut in Ibiza this August and provide an <a target="_blank" href="https://www.benzinga.com/news/24/07/39602700/ubers-latest-wave-launches-luxury-yacht-and-boat-rides-across-european-destinations" rel="noreferrer noopener">affordable luxury yacht experience</a>.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/24/07/39779775/uber-loses-vat-lawsuit-for-rivals-outside-london" rel="noreferrer noopener">Uber Loses VAT Lawsuit For Rivals Outside London</a>
UBER stock rose around 38% in the last twelve months. Investors can gain exposure to the stock via IShares Trust IShares U.S. Transportation ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/IYT#BATS">IYT</a>) and Franklin Disruptive Commerce ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/BUYZ#BATS">BUYZ</a>).
Price Action: UBER shares are down 0.89% at $65.16 at the last check Friday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Image via Shutterstock
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</ul>

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BUYZ

iShares Dow Jones Transportation Average Index Fund

UBER

What's Going On With Uber Technologies Shares Today?

Lake Street analyst Jacob Stephan initiates coverage on Dave (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DAVE#NASDAQ">DAVE</a>) with a Buy rating and announces Price Target of $53.

Initiation

DAVE

Lake Street Initiates Coverage On Dave with Buy Rating, Announces Price Target of $53

Evercore ISI Group analyst JESALYN Wong maintains Skechers USA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SKX#NYSE">SKX</a>) with a Outperform and raises the price target from $68 to $72.

Evercore ISI Group Maintains Outperform on Skechers USA, Raises Price Target to $72

AMZN

Amazon Under Second Investigation In Milan For Tax Evasion, Sources Say

Intel Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) shares are trading flat Friday and lower by some 6.6% to $31.10 for the week. This decline comes amid sector-wide pressure from recent earnings reports and looming concerns over <a href="https://www.benzinga.com/news/24/07/39938971/chip-stocks-nvidia-amd-and-others-see-more-selloff-on-wednesday-whats-going-on">potential new restrictions</a> on China.
<h2 class="wp-block-heading">What&#8217;s Happening? </h2>
The semiconductor sector has experienced heightened volatility recently. President Biden is contemplating additional measures against China, which is causing uncertainty in the market. Furthermore, former President Donald Trump&#8217;s remarks during a recent Bloomberg interview regarding the China-Taiwan conflict have stoked fears of political and economic instability. Trump&#8217;s suggestion of a possible shift in U.S. policy toward Taiwan could threaten Intel&#8217;s supply chain.
Geopolitical tensions are exacerbating investor concerns about supply chain disruptions, potential tariffs and sanctions. As a leading company in the semiconductor industry, Intel is particularly vulnerable to these risks.
Read Also: <a href="https://www.benzinga.com/news/24/07/39986346/why-taiwan-semiconductor-manufacturing-company-shares-are-volatile-this-week">Why Taiwan Semiconductor Manufacturing Company Shares Are Volatile This Week</a>
<h2 class="wp-block-heading">What Else?</h2>
As the U.S. government considers additional restrictions on China, there may be increased investment in domestic semiconductor manufacturing. Intel, being a leading U.S.-based semiconductor company, could benefit from government incentives and subsidies aimed at boosting domestic production.
Additionally, geopolitical tensions might accelerate technological innovation within the U.S. semiconductor industry. Intel, with its strong research and development capabilities, could lead in developing new technologies, giving it a competitive edge.
Read Also: <a href="https://www.benzinga.com/markets/equities/24/07/39984413/feds-favorite-inflation-gauge-falls-to-2-5-lowest-since-february-2021-but-core-remains-sticky-10">Fed&#8217;s Favorite Inflation Gauge Falls To 2.5%, Lowest Since February 2021</a>
<h2 class="wp-block-heading">Is INTC A Good Stock To Buy?</h2>
An investor can make a few decisions when deciding whether a stock is a good buy. In addition to valuation metrics and price action which you can find on Benzinga's quote pages &#8211; like <a href="https://www.benzinga.com/quote/INTC">Intel</a>&#8216;s page for example &#8211; there are factors like whether or not a company pays a dividend or buys a large portion of its stock each quarter.
These are known as capital allocation programs. Intel does pay a dividend, which yields 1.36% per year as of the closing price on Jul. 26, 2024. Feel free to search Benzinga's <a href="https://www.benzinga.com/calendars/dividends">dividend calendar</a> for the next company that is due to pay a dividend and determine what kind of yield you can earn for holding a share of the company.
For example, if you're looking to earn an annualized return of 19.89%, you'll need to buy a share of Oxford Lane Capital by the Dec. 17, 2024. Once done, you can expect to receive a nominal payout of $0.09 on Dec. 31, 2024.
Buyback programs are obviously different and highly variable. A company can approve a buyback program and purchase shares as it sees fit over the course of time in which the buyback was authorized. Looking through the latest news on <a href="https://www.benzinga.com/quote/INTC">Intel</a> will often yield whether or not the company has approved a buyback program recently. Buyback programs usually serve as a support for share prices, serving as a backstop for demand.
According to data from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>, INTC has a 52-week high of $51.28 and a 52-week low of $29.73.

INTC

What's Going On With Intel Stock?

Barclays analyst Brandt Montour maintains Wyndham Hotels &amp; Resorts (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WH#NYSE">WH</a>) with a Overweight and raises the price target from $88 to $90.

Barclays Maintains Overweight on Wyndham Hotels & Resorts, Raises Price Target to $90

Evercore ISI Group analyst Steve Sakwa upgrades Invitation Homes (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/INVH#NYSE">INVH</a>) from In-Line to Outperform and maintains the price target from $37 to $37.

Upgrades

INVH

Evercore ISI Group Upgrades Invitation Homes to Outperform, Maintains Price Target to $37

Barclays analyst Brandon Oglenski maintains Union Pacific (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNP#NYSE">UNP</a>) with a Overweight and lowers the price target from $290 to $280.

Barclays Maintains Overweight on Union Pacific, Lowers Price Target to $280

WIIM

VLTO

Veralto shares are trading higher after the company reported better-than-expected Q2 financial results and raised its 2024 EPS guidance.

Barclays analyst Saket Kalia maintains Tyler Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TYL#NYSE">TYL</a>) with a Equal-Weight and raises the price target from $515 to $577.

Barclays Maintains Equal-Weight on Tyler Technologies, Raises Price Target to $577

Barclays analyst Manav Patnaik maintains TransUnion (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRU#NYSE">TRU</a>) with a Equal-Weight and raises the price target from $75 to $80.

Barclays Maintains Equal-Weight on TransUnion, Raises Price Target to $80

Craig-Hallum analyst Jeff Van Sinderen maintains SPS Commerce (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPSC#NASDAQ">SPSC</a>) with a Buy and raises the price target from $210 to $230.

SPSC

Craig-Hallum Maintains Buy on SPS Commerce, Raises Price Target to $230

In the stock market, different things are in the driver&#8217;s seat at different times. It can be a particular sector or industry. It could even be an important commodity like oil.
But sometimes, and can be just one individual stock that could influence the direction of the entire market. And that's the case now with Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>). That's why our team of trading experts made it our <a href="https://www.benzinga.com/topic/stock-of-the-day">Stock of the Day</a>.
When markets are headed down it's because they are out of equilibrium. There are more shares for sale than there are to buy. Because of this the price trends lower.
When they reach a support level, the tide turns. There is enough demand, or buy orders, to absorb all of the supply, or sell orders.
As you can see on the chart, after a nasty selloff, shares of <a href="https://www.benzinga.com/quote/AAPL">Apple</a> found support at the $218.00 level. At least for now, the price has stopped going lower.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="590" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/26114424/1-30-1024x590.png" alt="Apple Inc. (AAPL)" class="wp-image-459818" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/26114424/1-30-1024x590.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/26114424/1-30-300x173.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/26114424/1-30-768x442.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/26114424/1-30.png 1038w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read Also: <a href="https://www.benzinga.com/news/24/07/39984404/apple-joins-meta-and-google-pledges-support-for-bidens-ai-regulations">Apple Joins Meta And Google, Pledges Support For Biden&#8217;s AI Regulations</a>
There is a reason why there is support at this price. It was a resistance level in June, and levels that were previously resistance can convert into support. This is a common occurrence not just in the stock market, but it all financial markets.
This happens because there are traders and investors who sold their shares of AAPL when the stock was at resistance. At first, they thought they made a good decision because the stock moved lower after they did so.
But the price eventually moved above $218.00. When this happened, many of these sellers thought that they actually made a bad decision. Some vow that if the stock eventually reverses and falls back to their selling price, they will buy their shares back.
So as a result, now that AAPL has returned to this price these remorseful sellers are placing buy orders. And as for now, this large concentration of these orders has created support and put a floor underneath the shares.
If this support breaks it will mean the buyers have either finished or canceled their orders. This will set <a href="https://www.benzinga.com/24/07/39987363/market-clubhouse-morning-memo-july-26th-2024-trade-strategy-for-spy-qqq-aapl-msft-nvda-googl-meta-an">Apple</a> up for a move lower. And this could bring the entire market down
But if it holds, the market should be able to work its way higher. Right now, Apple is in the driver's seat and it's about to tell the market which way to go.
Read Next: 
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</ul>

Technicals

AAPL

Stock Of The Day: Apple Is In The Driver Seat

Barclays analyst Benjamin Budish maintains Tradeweb Markets (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TW#NASDAQ">TW</a>) with a Overweight and raises the price target from $124 to $125.

Barclays Maintains Overweight on Tradeweb Markets, Raises Price Target to $125

Benchmark analyst Michael Albanese reiterates Brunswick (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BC#NYSE">BC</a>) with a Buy and maintains $100 price target.

Benchmark Reiterates Buy on Brunswick, Maintains $100 Price Target

Hartford Financial shares are trading higher after the company reported better-than-expected Q2 earnings results. Also, the company authorized a $3B buyback program.

Hartford Financial shares are trading higher after the company reported better-than-expected Q2 earnings results. Also, the company authorized a $3.3B buyback program.

Craig-Hallum analyst George Sutton maintains First Internet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INBK#NASDAQ">INBK</a>) with a Buy and raises the price target from $40 to $45.

INBK

Craig-Hallum Maintains Buy on First Internet, Raises Price Target to $45

Press Releases

ICU; ICUCW INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Seastar Medical Holding Corp. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!

SeaStar Medical Holding Corporation Investors: Robbins LLP Reminds Shareholders of the SeaStar Medical Holding Corporation (ICU) Class Action

Robbins LLP Reminds ICU Investors with Large Losses to Seek Information About the SeaStar Medical Holding Corporation Class Action Lawsuit

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SeaStar Medical Holding

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Latest news for SeaStar Medical Holding (NASDAQ:ICUCW) Stock

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