Latest news for Sdiptech (OTC:SDTHF) Stock

Sdiptech AB is engaged in infrastructures of society with specialized technology and solutions. The company has divided its operations into two new business areas: Resource Efficiency which includes Water & Sanitation, Power & Energy, Bioeconomy & Waste management. And Special Infrastructure Solutions, which includes Air and Climate Control, Safety and Security, and Transportation. Its geographical segments are Sweden, UK, Germany, Croatia, Austria, Norway, Finland, and Other countries.

Sdiptech AB

WIIM

Insperity shares are trading lower after the company reported mixed Q2 financial results and issued Q3 adjusted EPS guidance below estimates.

Stifel analyst Stanley Elliott maintains Oshkosh (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OSK#NYSE">OSK</a>) with a Buy and lowers the price target from $140 to $135.

News

Price Target

Analyst Ratings

Stifel Maintains Buy on Oshkosh, Lowers Price Target to $135

DA Davidson analyst Hans Chung maintains FormFactor (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FORM#NASDAQ">FORM</a>) with a Buy and raises the price target from $55 to $62.

FORM

DA Davidson Maintains Buy on FormFactor, Raises Price Target to $62

NSIT

Insight Enterprises shares are trading lower after the company reported worse-than-expected Q2 financial results.

Stifel analyst Steven Wieczynski maintains Norwegian Cruise Line (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NCLH#NYSE">NCLH</a>) with a Buy and raises the price target from $26 to $27.

NCLH

Stifel Maintains Buy on Norwegian Cruise Line, Raises Price Target to $27

Marriott Vacations shares are trading lower after the company reported worse-than-expected Q2 financial results and issued FY24 adjusted EPS guidance below estimates. Also, Stifel maintained a Buy rating on the stock and lowered its price target from $117 to $108.

SSRM

SSR Mining shares are trading lower after the company reported worse-than-expected Q2 revenue results.

DA Davidson analyst Peter Heckmann maintains Donnelley Financial Solns (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DFIN#NYSE">DFIN</a>) with a Buy and raises the price target from $72 to $80.

DFIN

DA Davidson Maintains Buy on Donnelley Financial Solns, Raises Price Target to $80

SMHI

Seacor Marine shares are trading lower after the company reported worse-than-expected Q2 adjusted EPS results.

Stifel analyst Steven Wieczynski maintains MGM Resorts Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MGM#NYSE">MGM</a>) with a Buy and raises the price target from $60 to $63.

Stifel Maintains Buy on MGM Resorts Intl, Raises Price Target to $63

EXPI

eXp World shares are trading lower after the company reported worse-than-expected Q2 sales results.

RBC Capital analyst Matthew Swanson reiterates Adobe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) with a Outperform and maintains $600 price target.

Reiteration

ADBE

RBC Capital Reiterates Outperform on Adobe, Maintains $600 Price Target

eXp World Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXPI#NASDAQ">EXPI</a>) reported quarterly earnings of $0.08 per share which met the analyst consensus estimate. The company reported quarterly sales of $1.29 billion which missed the analyst consensus estimate of $1.30 billion by 0.27 percent. This is a 5.03 percent increase over sales of $1.23 billion the same period last year.

Earnings

Earnings Misses

Reported Yesterday; eXp World Holdings Q2 2024 GAAP EPS $0.08, Inline, Sales $1.29B Miss $1.30B Estimate

Investor and NBA team owner Mark Cuban is among the 400+ names of venture capitalists who are pledging support to Vice President Kamala Harris in the <a href="https://www.benzinga.com/topic/2024-election">2024 presidential election.</a>
What Happened: The venture capital sector has garnered plenty of headlines in the 2024 election thanks to several notable names backing former President Donald Trump and his vice-presidential pick J.D. Vance <a href="https://www.benzinga.com/general/politics/24/07/39916075/j-d-vance-venture-capital-background-under-scrutiny-it-never-seemed-like-he-was-even-working-it-">coming from the sector.</a>
"In this pivotal moment, we are united in our support for Vice President Kamala Harris," the website reads.
A new <a href="https://www.vcsforkamala.org/">website </a>recently launched called "VCs for Kamala" and shares a list of venture capitalists who are backing Harris over Trump in the election and their reasons why.
"We the undersigned are Venture Capital investors, founders and tech leaders who pledge to vote for Kamala Harris in the 2024 election."
The website says that the individuals who have signed the pledge invest in and support entrepreneurs "who are building the future."
"We are pro-business, pro-American dream, pro-entrepreneurship, and pro-technological progress."
The website includes the signatures of 480 individuals at the time of writing and asks for others to sign the pledge along with a link to donate to the efforts.
"We also believe in democracy as the backbone of our nation. We believe that strong, trustworthy institutions are a feature, not a bug, and that our industry – and every other industry – would collapse without them. That is what's at stake in this election."
Did You Know?
<ul>
<li>Congress Is Making Huge Investments. <a href="https://www.benzinga.com/gov-trades/?utm_source=BZprocontent080124">Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</a></li>
</ul>
Why It's Important: Many of the names stand out in the investing world and many will be familiar with the likes of Bradley Tusk, Chris Sacca, Cuban, Reid Hoffman, Steve Wozniak, and Vinod Khosla.
Cuban <a href="https://www.benzinga.com/general/politics/24/07/39864062/will-joe-biden-drop-out-of-2024-white-house-race-who-replaces-him-on-democratic-ticket-mark-cuba">was recently vocal</a> in the Democratic Party needing a change in their presidential candidate. He called on Joe Biden to step down and used the basketball analogy of the trade deadline not being passed yet. Cuban was <a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39916724/vice-president-kamala-harris-team-contacted-mark-cuban-on-crypto-policy">also reportedly contacted </a>by the Harris campaign for help with working on cryptocurrency policy.
Hoffman <a href="https://www.benzinga.com/general/politics/24/06/39445316/biden-fundamentally-more-pro-business-than-trump-linkedin-founder-says-rule-of-law-is-what-has-m">said in an interview</a> that he believed Biden is more pro-business than Trump, a comment made as many of his peers are backing the former president over his business ideals.
Khosla<a href="https://www.benzinga.com/general/politics/24/07/39895458/legendary-vc-khosla-claps-back-at-billionaire-trump-ally-musk-hard-to-support-someone-who-lies-c"> spoke out against</a> Trump in a recent exchange on social media platform X with billionaire Elon Musk.
"Hard for me to support someone with no values, lies, cheats, rapes, demeans women, hates immigrants like me," Khosla said to Musk in a response to a call to support Trump and Vance.
Khosla acknowledged that Trump could be good for him with a plan to cut taxes and reduce regulation, "but that is no reason to accept depravity in his personal values."
Before and after adding Vance to the campaign ticket, Trump has attracted many of the most well-known investors and venture capitalists as donors and supporters, including Musk, Peter Thiel, David Sacks, Bill Ackman, Marc Andreessen, and Joe Lonsdale.
With the election expected to be close and both Trump and Harris raising hundreds of millions of dollars, the public and financial support of venture capitalists could prove crucial in the 2024 election.
Check This Out:
<ul>
<li>Lawmakers Made Huge Investments This Year. <a href="https://www.benzinga.com/gov-trades/?utm_source=BZprocontent080124">Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</a></li>
</ul>
Photo: Shutterstock

Politics

Mark Cuban, Reid Hoffman, Vinod Khosla And Nearly 500 Venture Capitalists Back Kamala Harris In 2024 Election: 'Believe In Democracy As The Backbone Of Our Nation'

DA Davidson analyst Rudy Kessinger maintains Confluent (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CFLT#NASDAQ">CFLT</a>) with a Buy and lowers the price target from $37 to $30.

CFLT

DA Davidson Maintains Buy on Confluent, Lowers Price Target to $30

Stifel analyst Mark Kelley maintains Meta Platforms (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) with a Buy and raises the price target from $550 to $590.

Stifel Maintains Buy on Meta Platforms, Raises Price Target to $590

Intel Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) will be reporting its second-quarter earnings Thursday. Wall Street expects 10 cents in EPS and $12.94 billion in revenues as the company reports<a href="https://www.benzinga.com/calendars/earnings?tickers=INTC" target="_blank" rel="noreferrer noopener"> after market hours</a>.
The stock is down 14.06% over the past year, -38.83% YTD.
Let&#8217;s look at what the charts indicate for Intel stock, and how the stock currently maps against Wall Street estimates.
<h2 class="wp-block-heading">Intel Stock Trend Strongly Bearish Ahead Of Q2 Earnings&nbsp;</h2>
Intel stock is currently in a strongly bearish trend. Its share price of $30.74 sits below the 5, 20, and 50-day exponential moving averages. Despite this downward trend, the buying pressure observed suggests a positive outlook for potential future bullish movement.
<figure class="wp-block-image size-full"><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent080124&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="626" height="454" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/01084411/Screenshot-2024-08-01-at-5.55.35-PM.png" alt="" class="wp-image-470288" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/01084411/Screenshot-2024-08-01-at-5.55.35-PM.png 626w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/01084411/Screenshot-2024-08-01-at-5.55.35-PM-300x218.png 300w" sizes="(max-width: 626px) 100vw, 626px" /></a></figure>
<a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent080124&amp;t=be2bearmibe3na1">Chart created using Benzinga Pro</a>
Currently, Intel's stock is facing resistance. It falls below the eight-day simple moving average (SMA) of $31.19, indicating a bearish signal. This trend continues with the 20-day SMA at $32.87 and the 50-day SMA at $31.59. Both reinforce a bearish sentiment for the stock.
The 200-day SMA, positioned at $38.65, further highlights the existing downward trend, creating another bearish signal. 
<figure class="wp-block-image size-full"><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent080124&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="626" height="454" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/01084423/Screenshot-2024-08-01-at-5.55.54-PM.png" alt="" class="wp-image-470289" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/01084423/Screenshot-2024-08-01-at-5.55.54-PM.png 626w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/01084423/Screenshot-2024-08-01-at-5.55.54-PM-300x218.png 300w" sizes="(max-width: 626px) 100vw, 626px" /></a></figure>
<a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent080124&amp;t=be2bearmibe3na1">Chart created using Benzinga Pro</a>
The Moving Average Convergence Divergence (MACD) indicator stands at -0.36, underscoring the prevailing bearish sentiment. However, with a Relative Strength Index (RSI) of 40.62, Intel appears to be near the oversold territory, suggesting that the stock may be undervalued and could attract bullish investors looking for entry points. 
The Bollinger Bands (25), ranging from $29.23 to $35.74, indicate a continued bearish stance. While the technical indicators predominantly reflect a bearish trend, the underlying buying pressure hints at potential bullish opportunities if the current downward pressure is alleviated.
Read Also: <a href="https://www.benzinga.com/news/24/07/40073980/intel-plans-job-cuts-to-fund-turnaround-efforts-bloomberg">Intel Plans Job Cuts To Fund Turnaround Efforts: Bloomberg</a>
<h2 class="wp-block-heading">Intel Analysts See 13% Upside</h2>
Intel Ratings &amp; Consensus Estimates:<a href="https://www.benzinga.com/quote/INTC/analyst-ratings" target="_blank" rel="noreferrer noopener"> The consensus analyst rating</a> on Intel stock stands at a Neutral currently with a price target of $39.82. Recent analyst ratings from Cantor Fitzgerald, Jefferies, and Goldman Sachs suggest a 13.36% upside for Intel stock with an average price target of $34.67.
INTC Price Action: Intel stock was trading at $30.55 at the time of publication.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/earnings/24/08/40096676/wall-street-looks-to-ride-on-earnings-cheer-as-meta-q2-impresses-investors-analyst-says-economic-da">Wall Street Looks To Ride On Earnings Cheer As Meta Q2 Impresses Investors: Analyst Says Economic Data, Stock Performances Suggest Republican Win In November</a></li>
</ul>

Analyst Color

Technicals

Previews

Tech

Trading Ideas

INTC

Intel Stock's Downward Spiral: Can Q2 Earnings Spark A Reversal?

RBC Capital analyst Scott Heleniak maintains Arch Capital Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ACGL#NASDAQ">ACGL</a>) with a Outperform and raises the price target from $108 to $112.

ACGL

RBC Capital Maintains Outperform on Arch Capital Group, Raises Price Target to $112

HOUS

Anywhere Real Estate shares are trading lower after the company reported worse-than-expected Q2 financial results.

ECVT

Ecovyst shares are trading lower after the company reported worse-than-expected Q2 financial results and cut its FY24 revenue guidance below estimates. Also, the company issued FY24 and Q3 EPS guidance below estimates.

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