Ultime notizie per Star Equity Hldgs (NASDAQ:STRRP) Azioni

Star Equity Holdings Inc is a multi-industry diversified holding company with two segments: The construction segment manufactures modular housing units for commercial and residential applications. It operates in two businesses: modular building manufacturing and structural wall panel and wood foundation manufacturing, including building supply retail operations, and The investments segment holds corporate-owned real estate, which currently includes two manufacturing facilities in Maine that it leases back to KBS and manufacturing facility. The company derives maximum revenue from Construction Segment.

Star Equity Holdings, Inc. - Series A Cumulative Perpetual Preferred Stock

Star Equity Holdings Inc

Needham analyst Mike Cikos maintains JFrog (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FROG#NASDAQ">FROG</a>) with a Buy and raises the price target from $33 to $36.

News

Price Target

Analyst Ratings

FROG

Needham Maintains Buy on JFrog, Raises Price Target to $36

Needham analyst Mike Cikos reiterates Dynatrace (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DT#NYSE">DT</a>) with a Hold.

Reiteration

Needham Reiterates Hold on Dynatrace

Needham analyst Ryan MacDonald reiterates Nerdy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NRDY#NYSE">NRDY</a>) with a Buy and maintains $2 price target.

NRDY

Needham Reiterates Buy on Nerdy, Maintains $2 Price Target

Shares of Taiwan Semiconductor Manufacturing Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) rose by 2.63% during pre-market trading on Friday, as per <a href="https://pro.benzinga.com">Benzinga Pro</a>, despite the company&#8217;s October sales showing the slowest growth since February. This slow growth raises concerns about the sustainability of demand for AI chips.
What Happened: As a leading producer of advanced chips, the Taiwanese company is considered a key indicator for the development of AI infrastructure. As per Bloomberg, investor focus on TSMC&#8217;s monthly sales has intensified amid growing skepticism about AI&#8217;s business potential and its ability to deliver tangible benefits. Notably, TSMC&#8217;s stock has surged over 80% this year.
In response to the election of Donald Trump as the next U.S. president, TSMC confirmed that its investment plans in the United States remain unchanged, as per Reuters. The company is investing $65 billion in new factories in Arizona, a move that aligns with its strategic expansion efforts. TSMC, along with GlobalFoundries, is expected to receive final awards from the Biden administration under the Chips and Science Act.
See Also: <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/11/41809435/how-to-earn-500-a-month-from-nvidia-stock-after-trump-win?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">How To Earn $500 A Month From Nvidia Stock After Trump Win</a>
Why It Matters: TSMC&#8217;s recent performance is set against a backdrop of operational challenges and strategic expansions. The company is grappling with rising electricity costs in Taiwan, a consequence of the country&#8217;s transition to renewable energy. Since 2022, electricity prices have surged, impacting TSMC&#8217;s operations significantly, as highlighted by CFO Wendell Huang. This increase in costs poses a challenge for the semiconductor giant, which is already facing the slowest growth in months.
Despite these challenges, TSMC is doubling its capacity for advanced chip packaging, driven by soaring demand for AI chips from tech giants like Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), and Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>). This expansion is expected to be completed by 2025, with Nvidia projected to occupy over half of the new capacity.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/equities/24/11/41763411/jeff-bezos-sells-214m-worth-of-amazon-shares-in-latest-stock-move-heres-how-much-he-still-owns?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Jeff Bezos Sells $214M Worth Of Amazon Shares In Latest Stock Move, Here&#8217;s How Much He Still Owns</a></li>
</ul>
Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.

Equities

Pre-Market Outlook

Markets

General

AMZN

MSFT

NVDA

TSMC Shares Climb Despite Sluggish Growth In October: What's Going On?

EV maker Lucid Motors (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LCID#NASDAQ">LCID</a>) opened <a href="https://www.benzinga.com/news/24/10/41617327/lucid-to-start-taking-orders-for-gravity-suv-next-week-but-only-for-premium-variant-priced-at-about">orders for its Gravity SUV </a>on Thursday, aiming to increase its total addressable market.
What Happened: &#8220;Now, today we opened orders for Lucid Gravity and we&#8217;ve entered a market that&#8217;s about 6 times larger than our addressable market last year with Lucid Air,&#8221; company CEO Peter Rawlinson said on Thursday during the company&#8217;s third-quarter earnings call. 
Orders will initially be taken for the Grand Touring trim of the SUV starting from $94,900. Production of the lower-priced Touring trim of the vehicle, starting at $79,900, will start only in late 2025, the company said. 
The start of production for the Grand Touring trim of the Gravity SUV is expected in a few weeks and the company will announce when it might be able to make its first deliveries &#8220;very soon,&#8221; the CEO said. The company sees a pathway to positive margin individually on both the Lucid Air sedan and the Gravity SUV, he added. 
Some Gravity vehicles might also be shipped to Saudi Arabia next year, the CEO said. However, the company did not provide production or delivery guidance for the vehicle for 2025. 
Why It Matters: The Gravity is expected to rival&nbsp;Tesla Inc.'s&nbsp;Model X SUV which starts at $79,990 for the base version and at $94,990 for the more premium Plaid version. During Lucid's&nbsp;<a href="https://www.benzinga.com/news/24/05/38663810/lucid-ceo-throws-down-the-gauntlet-with-48k-ev-plan-to-take-on-teslas-dominance-wait-until-our-midsi" target="_blank" rel="noreferrer noopener">first-quarter earnings call in May</a>, the CEO said that Gravity has a &#8220;significant opportunity&#8221; that the Model X did not capture. While the Model X is a bit car-like, the Gravity is a proper three-row SUV and is on track to become the &#8220;world&#8217;s best SUV,&#8221; he said. 
Lucid is also looking forward to starting production of a high-volume midsized platform priced between $48,000 and $50,000 in late 2026 as a&nbsp;<a href="https://www.benzinga.com/news/24/06/39135581/youtuber-mkbhd-praises-lucid-air-sapphire-if-it-couldnt-be-a-tesla-it-would-have-to-be-this" target="_blank" rel="noreferrer noopener">direct competitor&nbsp;</a>to Tesla's mass-market offerings Model 3 and Model Y. 
Lucid on Thursday reported <a href="https://www.benzinga.com/news/earnings/24/11/41826774/lucid-q3-earnings-revenue-beat-eps-beat-on-track-to-produce-9k-vehicles-in-2024">third-quarter revenue of $200.04 million</a>, beating the&nbsp;consensus estimate&nbsp;of $197.97 million. The EV company reported an adjusted quarterly loss of 28 cents per share, beating analyst estimates for a loss of 30 cents per share.
Price Action: Lucid shares are up by nearly 4.9% in pre-market trading on Friday. The stock closed up 3.9% at $2.21 on Thursday, according to <a href="https://pro.benzinga.com/dashboard">data from Benzinga Pro</a>. 
Check out more of Benzinga's Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link.</a>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/24/11/41803756/xpeng-flying-car-can-be-mastered-in-3-hours-says-company-chairman" target="_blank" rel="noreferrer noopener">XPeng Flying Car Can Be Mastered In 3 Hours, Says Company Chairman</a></li>
</ul>
Photo by Around the World Photos on Shutterstock

Tech

LCID

Lucid Rises Nearly 5% In Pre-Market After Strong Q3 Results, Opening Orders For Gravity SUV

Needham analyst Gil Blum maintains Nkarta (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NKTX#NASDAQ">NKTX</a>) with a Buy and lowers the price target from $13 to $11.

NKTX

Needham Maintains Buy on Nkarta, Lowers Price Target to $11

Needham analyst Mayank Tandon maintains Block (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SQ#NYSE">SQ</a>) with a Buy and raises the price target from $80 to $90.

Needham Maintains Buy on Block, Raises Price Target to $90

Piper Sandler analyst Peter Keith downgrades Savers Value Village (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SVV#NYSE">SVV</a>) from Overweight to Neutral and lowers the price target from $11 to $10.

Downgrades

Piper Sandler Downgrades Savers Value Village to Neutral, Lowers Price Target to $10

Needham analyst Scott Berg reiterates Five9 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIVN#NASDAQ">FIVN</a>) with a Buy and maintains $48 price target.

FIVN

Needham Reiterates Buy on Five9, Maintains $48 Price Target

Wall Street strategist Tom Lee forecasts a significant market rally through year-end, citing renewed investor confidence following President-elect Donald Trump&#8216;s victory and strong market performance.
What Happened: Lee, head of research at Fundstrat, told CNBC&#8217;s Halftime Report that markets could surge between 5% and 10% by year-end, following what he called &#8220;the best move in the history of any post-election rally.&#8221;
&#8220;This historic rally needs to be respected,&#8221; Lee said, noting unprecedented pre-election derisking and potential &#8220;animal spirits&#8221; being unleashed by expectations of deregulation and a more business-friendly environment.
Despite positive indicators, Lee acknowledged potential headwinds in the coming months, suggesting market dynamics could shift as fiscal policies take effect or expectations adjust.
The prediction follows strong market performance, with the S&amp;P 500, tracked by the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>), rallied 2.85%. Meanwhile, the Nasdaq 100, tracked by the Invesco QQQ Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), soared 4.12% on Thursday.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Tom Lee makes the case for a Year-End Rally <a href="https://t.co/bRpOIohLrx">pic.twitter.com/bRpOIohLrx</a>
&mdash; CNBC Halftime Report (@HalftimeReport) <a href="https://twitter.com/HalftimeReport/status/1854583728518906015?ref_src=twsrc%5Etfw">November 7, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/news/24/11/41832610/obama-era-economist-jason-furman-warns-feds-inflation-outlook-may-be-too-optimistic-peter-schiff-sla">Obama-Era Economist Jason Furman Warns Fed&#8217;s Inflation Outlook May Be Too Optimistic — Peter Schiff Slams Powell&#8217;s Strategy Amid National Debt Concerns</a>
Why It Matters: Supporting the bullish outlook, Goldman Sachs recently lowered its U.S. recession probability to 15%, citing <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41202247/goldman-sachs-lowers-us-recession-risk-to-15-after-robust-jobs-data">robust job growth</a>. 
However, economists warn that a Republican administration could present new challenges, including increased inflationary pressures from <a href="https://www.benzinga.com/government/24/11/41695926/a-republican-sweep-might-be-the-most-inflationary-election-outcome-economists-warn">higher tariffs and growing budget deficits</a>.
Market observers note that rising U.S. Treasury yields and a strengthening dollar could complicate the Federal Reserve&#8217;s interest rate strategy. The bond market appears more focused on the fiscal and inflationary implications of Trump&#8217;s victory <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/41814589/why-trumps-boost-to-treasury-yields-inflation-expectations-may-weaken-feds-efforts-">than the Fed&#8217;s dovish stance</a>.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/global/24/11/41837111/as-trumps-return-to-white-house-china-plans-new-stimulus-package-to-protect-economy-from-us-trade-policies">As Trump&#8217;s Return To White House, China Plans New Stimulus Package To Protect Economy From US Trade Policies</a></li>
</ul>
Image Via Unsplash 
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Global

Market Surge Predicted To Reach 10% By Year-End As Trump Victory Fuels Stock Rally, Says Fundstrat's Tom Lee

Needham analyst Scott Berg reiterates ON24 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ONTF#NYSE">ONTF</a>) with a Hold.

ONTF

Needham Reiterates Hold on ON24

Goldman Sachs analyst Carly Davenport reinstates Dominion Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/D#NYSE">D</a>) with a Neutral and announces $61 price target.

Initiation

Goldman Sachs Reinstates Neutral on Dominion Energy, Announces $61 Price Target

Needham analyst Mike Matson reiterates Inogen (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INGN#NASDAQ">INGN</a>) with a Hold.

INGN

Needham Reiterates Hold on Inogen

Needham analyst Gil Blum reiterates Rocket Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RCKT#NASDAQ">RCKT</a>) with a Buy and maintains $52 price target.

RCKT

Needham Reiterates Buy on Rocket Pharmaceuticals, Maintains $52 Price Target

Needham analyst David Saxon reiterates Sight Sciences (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SGHT#NASDAQ">SGHT</a>) with a Hold.

SGHT

Needham Reiterates Hold on Sight Sciences

Needham analyst Scott Berg reiterates Sprout Social (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPT#NASDAQ">SPT</a>) with a Buy and maintains $55 price target.

Needham Reiterates Buy on Sprout Social, Maintains $55 Price Target

Stifel analyst Mathew Blackman upgrades Orthofix Medical (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OFIX#NASDAQ">OFIX</a>) from Hold to Buy and raises the price target from $18 to $24.

Upgrades

OFIX

Stifel Upgrades Orthofix Medical to Buy, Raises Price Target to $24

Palmer Luckey, founder of U.S. defense technology startup Anduril Industries, has voiced his support for President-elect Donald Trump&#8217;s defense strategy.
What Happened: On Thursday, in an interview with Bloomberg TV, Luckey discussed the 2024 U.S. presidential election results and his&nbsp;
During a<a href="https://x.com/BloombergTV/status/1854646038700675543"> BloombergTV</a> interview, Luckey <a href="https://www.benzinga.com/news/24/11/41768178/donald-trump-defeats-kamala-harris-to-win-2024-election">discussed the election</a> results and shared his views on the next four years.
Luckey admitted being a staunch Trump supporter and commended the President-elect's selection of Sen. JD Vance (R-Ohio).
"I supported him in 2016. I support him in 2020. I actually wrote a letter to him while I was in college in 2011 telling him that he should run for president," he stated.
Luckey also agreed with the incoming administration&#8217;s stance on reducing defense spending while still achieving more. "We need to do a better job of procuring the defense tools that protect our country."
See Also: <a href="https://www.benzinga.com/general/social-media/24/11/41784933/donald-trumps-wealth-soars-with-2024-election-win-heres-how-much-president-elect-is-worth-ho">Donald Trump&#8217;s Wealth Soars With 2024 Election Win: Here&#8217;s How Much President-Elect Is Worth, How Much He&#8217;ll Make In White House</a>
Regarding potential Defense Secretary candidates, Luckey said he&#8217;s been in contact with the transition team but declined to name anyone
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">&quot;We need to do a better job of procuring the defense tools that protect our country.&quot; Anduril Founder Palmer Luckey on how he thinks a Trump presidency could be more in line with &quot;spending less on defense while still getting more&quot; <a href="https://t.co/VsFjW8PRyc">https://t.co/VsFjW8PRyc</a> <a href="https://t.co/Tfl5gZKbWc">pic.twitter.com/Tfl5gZKbWc</a>
&mdash; Bloomberg TV (@BloombergTV) <a href="https://twitter.com/BloombergTV/status/1854646038700675543?ref_src=twsrc%5Etfw">November 7, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: <a href="https://www.benzinga.com/economics/macro-economic-events/24/11/41772701/trumps-historic-return-7-ways-his-second-term-could-impact-the-us-economy">Trump&#8217;s victory in the 2024 election</a> has made him the 47th U.S. president and the first to secure a non-consecutive second term since Grover Cleveland in the late 1800s.
Now with the Republican Party regaining control of the Senate and leading in the House of Representatives, there could be a significant shift in U.S. economic policy.
Trump&#8217;s policy direction, including tax cuts, higher trade tariffs, and possible climate rollbacks, could significantly impact the economy, influencing inflation and the national debt.
In FY 2024, the Department of Defense (DOD) allocated $1.94 trillion across its six branches. Trump's approach to defense matters could also <a href="https://www.benzinga.com/news/24/11/41787417/trumps-win-heightens-nato-stakes-in-ukraine-territory-battle">bring NATO members&#8217; defense</a> spending back into focus.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41770352/bitcoins-future-under-president-elect-donald-trump-a-look-at-his-crypto-policies">Bitcoin&#8217;s Future Under President-Elect Donald Trump: A Look At His Crypto Policies</a></li>
</ul>
Image Via Flickr

Politics

'We Need To Do A Better Job Of Procuring The Defense Tools:' Anduril Founder Palmer Luckey Explains Why Donald Trump's Strategy Could Be The Future

Goldman Sachs analyst Chris Shibutani upgrades BioNTech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BNTX#NASDAQ">BNTX</a>) from Neutral to Buy and raises the price target from $90 to $137.

BNTX

Goldman Sachs Upgrades BioNTech to Buy, Raises Price Target to $137

Goldman Sachs analyst Christine Cho downgrades Sweetgreen (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SG#NYSE">SG</a>) from Buy to Neutral and maintains the price target from $40 to $40.

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Ultime notizie per Star Equity Hldgs (NASDAQ:STRRP) Azioni

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