SUPERNEWS - NASDAQ:SEDG (SolarEdge Technologies, Inc.) Stock Price, News, Quote, History

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After-Market: Tech and Education Stocks Soar, Solar Dims After Hours

4/23, 17:09 EDT

[TOP MOVERS] Earnings Shocks Jolt US Stocks Amid Market Speculation

## US Equities: A Day of Declines and Surprising Jumps Amid Earnings Updates and Market Speculations As the US stock market braces for another day of fluctuations, investors are closely monitoring a mix of disappointing earnings forecasts and surprising gains among various sectors. With S&P futures dipping by 0.2% to 4,981.25, the market sentiment seems cautiously pessimistic, especially with tech giant Nvidia feeling the heat before its earnings announcement. ### Healthcare and Tech Take a Hit Community Health Systems (CYH US) witnessed a significant drop of 18% after its 2024 adjusted EBITDA guidance fell short of analysts' expectations, signaling potential challenges ahead for the hospital operator. Similarly, Teladoc Health (TDOC US) saw its shares tumble by 22% following a fourthquarter revenue report that didn't meet expectations, coupled with a less-than-optimistic forecast for the first quarter. In the tech realm, Palo Alto Networks (PANW US) experienced a sharp 23% decline after revising its full-year revenue and billings forecast downwards, a move attributed to what the network security company describes as "spending fatigue" in the cybersecurity sector. This sentiment was echoed by Piper Sandler, which subsequently downgraded its rating on the stock. ### Disappointments in Consumer Goods and Energy International Flavors & Fragrances (IFF US) also faced an 8.6% decline after presenting a sales outlook that left investors wanting, alongside a dividend cut. This paints a concerning picture for the ingredients and flavors provider, hinting at underlying challenges in the food and beverage industry. SolarEdge (SEDG US) shares plunged by 16% as the solar equipment maker's first-quarter revenue forecast missed Wall Street's expectations, further dampening the mood in the renewable energy sector. ### Bright Spots Amid the Gloom Despite the overarching downward trend, some companies managed to buck the trend. Intuitive Machines (LUNR US) shares soared by 22% after updating the market on its lunar lander, Odysseus, showcasing the potential for significant advancements in space exploration. Wix.com (WIX US) also enjoyed a 5.9% uptick as the web platform company's fourth-quarter revenue slightly surpassed analysts' estimates, fueling optimism for continued revenue growth and margin expansion in the foreseeable future. ### Market Movers by Market Capitalization A closer look at the day's biggest movers across different market capitalizations reveals a mixed bag of outcomes: | Market Cap Over $20 Billion | Change | |-----------------------------|--------| | Copart (CPRT US) | +3.1% | | Garmin (GRMN US) | +2.5% | | Analog Devices (ADI US) | +2.4% | | Symbotic (SYM US) | +2.0% | | Amazon (AMZN US) | +1.3% | | Fortinet (FTNT US) | -6.0% | | International Flavors (IFF US) | -8.6% | | CrowdStrike (CRWD US) | -9.5% | | Zscaler (ZS US) | -9.7% | | Palo Alto Networks (PANW US)| -22.7% | ### Emerging Companies Show Volatility The smaller cap segment, ranging from $50 million to $5 billion, also displayed significant volatility, with companies like MicroCloud Hologram (HOLO US) and Intuitive Machines (LUNR US) posting substantial gains, while others like Community Health (CYH US) and Teladoc (TDOC US) faced steep declines. ### Investor Sentiment and Future Outlook As the market navigates through these turbulent waters, the mix of overbought and oversold stocks according to their 14-day Relative Strength Index offers a glimpse into investor sentiment and potential future movements. Intuitive Machines (LUNR US) tops the overbought list with a score of 92.1, while ReAlpha Tech (AIRE US) leads the oversold category at 11.6, highlighting the diverse reactions to corporate earnings and market speculations. As investors digest these developments, the US equities market continues to be a theater of rapid changes, with every earnings update and market forecast playing a crucial role in shaping the investment landscape.

2/21, 06:26 EST

Cisco and Solar Stocks Shine, Restaurant Chains Wilt

Tech and Solar Stocks Rise, Restaurant Chains and Tilray Fall, with Copper Rallying and CEOs Marking Milestones

Shift4 and Nucor Rated Buy; Boeing Faces Downgrade Concerns

Analysts see attractive entry points and growth potential in Shift4 Payments (buy), Nucor (buy), and bullish sentiment on SolarEdge, Enphase Energy, and Nextracker. Upgrades include Home Depot to overweight, Western Digital to buy with a $65 target, Dutch Bros to buy, Starbucks to overweight with favorable risk/reward, and Target to overweight with a $165 price target. - Downgrades reflect concerns over Boeing's Max issues leading to increased production/delivery risks ## Analyst Calls Impacting US Stocks The latest analyst calls have had a significant impact on various US stocks, with upgrades, downgrades, and initiations affecting investor sentiment. - KBW initiated Shift4 Payments as a buy due to its attractive entry point for strong organic and inorganic growth. - UBS initiated Nucor as a buy, citing the company's high-quality industrial status after reengineering its business model. - Piper Sandler upgraded Home Depot to overweight from neutral, taking a more bullish stance on home improvement and large remodel projects. - Barclays upgraded NXP Semiconductor to overweight from equal weight, highlighting the company's well-positioned status within the semis industry. ## Upgrades & Downgrades Driving Stock Movement Several companies saw their stock prices impacted by recent upgrades or downgrades from major financial institutions. - Citi added Verizon to its Positive Catalyst Watch list ahead of earnings later this month, expecting stabilizing wireless competitive landscape. - Deutsche Bank upgraded Western Digital to buy from hold based on an attractive risk/reward scenario for the stock. - Stifel upgraded Dutch Bros to buy from hold due to confidence in the company’s management and future progress under new leadership. ## Boeing Downgrade and Starbucks Upgrade Analyst calls also reflected market performances and valuations of certain stocks: - Wells Fargo downgraded Boeing due to ongoing concerns about production issues related to Max aircrafts but reiterated Amazon as overweight heading into earnings later this month. - Morgan Stanley upgraded Starbucks based on an attractive risk/reward skew for shares despite recent headwinds across SBUX’s global business. <div style="display: flex; flex-direction: row;" class="divbox"> <a style="display: flex; flex-direction: row;" class="MuiButtonBase-root wallstreet-review-item" href="https://www.cnbc.com/2024/01/16/top-stocks-to-buy-on-tuesday.html" target="_blank" rel="noopener noreferrer"> <div style="font-family: monospace; display: flex; ">  [1]  </div> <span> Here are Tuesday’s biggest analyst calls: Apple, Boeing, Starbucks, Target, Home Depot, Nike, SolarEdge & more    </span> <span class="MuiTouchRipple-root"></span> </a> </div><div style="display: flex; flex-direction: row;" class="divbox"> <a style="display: flex; flex-direction: row;" class="MuiButtonBase-root wallstreet-review-item" href="https://www.cnbc.com/2024/01/16/analyst-calls-all-the-market-moving-chatter-from-wall-street-tuesday-morning.html" target="_blank" rel="noopener noreferrer"> <div style="font-family: monospace; display: flex; ">  [2]  </div> <span> Tuesday’s analyst calls: Home Depot gets upgraded, 30% upside for Starbucks?    </span> <span class="MuiTouchRipple-root"></span> </a> </div><div style="display: flex; flex-direction: row;" class="divbox"> <a style="display: flex; flex-direction: row;" class="MuiButtonBase-root wallstreet-review-item" href="https://www.barrons.com/articles/stock-market-movers-38dd56f0" target="_blank" rel="noopener noreferrer"> <div style="font-family: monospace; display: flex; ">  [3]  </div> <span> These Stocks Are Moving the Most Today: Morgan Stanley, Goldman Sachs, Apple, Boeing, Tesla, and More    </span> <span class="MuiTouchRipple-root"></span> </a> </div>

1/17, 21:40 EST

[TOP MOVERS] Nvidia Earnings Awaited Amid Market Jitters, Tech Slumps

## US Equities and Sectors: A Detailed Analysis of Today's Market Movers As the US stock market braces for another trading day, investors are closely monitoring the premarket movers, with a keen eye on Nvidia Corp.'s upcoming earnings report. The anticipation has led to a cautious sentiment across the board, with S&P 500 futures dipping by 0.3% as of 8:31 a.m. New York time. This cautious stance is further echoed in the Nasdaq 100 and Dow Jones Industrial Average futures, which are down by 0.7% and 0.2%, respectively. Meanwhile, the MSCI World index has seen a slight decline of 0.1%. ### Key Premarket Movers Several companies have made headlines this morning due to significant price movements: **Amplitude** sees a sharp 22% drop after its full-year forecast fell short of expectations. - **Community Health Systems** is down by 10%, following a 2024 adjusted Ebitda guidance that didn't meet analyst estimates. - **International Flavors & Fragrances** experiences a 7% decline after a disappointing sales outlook and a dividend cut. - **Intuitive Machines** surges 20% amid updates on its lunar lander, Odysseus, building on a 50% gain from Tuesday's session. - **Palo Alto Networks** faces a 24% slump after revising its annual revenue forecast downwards, raising concerns over tech spending cutbacks. ### Sector Highlights The market's reaction spans across various sectors, from healthcare to technology, reflecting a diverse range of investor concerns and expectations. Notably, **NeoGenomics** stands out with a 12% increase after its 2024 revenue forecast surpassed analyst predictions, signaling strength in the cancer diagnostics sector. Conversely, the tech sector appears to be under pressure, with companies like **Palo Alto Networks** and **SolarEdge** facing steep declines due to disappointing forecasts. This trend raises questions about the broader tech spending environment and its impact on related stocks. ### Market Capitalization Insights A deeper dive into the market movers by capitalization offers additional insights: #### Over $20 Billion - **Garmin** and **Exelon** lead with gains of 5.0% and 2.9%, respectively, showcasing resilience in their respective sectors. - On the downside, **Palo Alto Networks** and **Vertiv Holdings** are among the hardest hit, with declines of 24% and 11%, highlighting challenges in the tech and data center equipment sectors. #### $5 Billion to $20 Billion - **Ionis Pharma** and **Wix.com** show positive momentum, with increases of 4.6% and 4.3%, indicating investor confidence in their growth prospects. - **Palo Alto Networks**' downward revision of its revenue forecast has also impacted this segment, with **SentinelOne** and **Global-e Online** experiencing significant drops. #### $50 Million to $5 Billion - **Intuitive Machines** and **NeoGenomics** lead with impressive gains, underscoring investor enthusiasm for their recent updates and forecasts. - Conversely, **SolarEdge** and **Teladoc** face sharp declines, reflecting concerns over their near-term revenue prospects. ### RSI Highlights The Relative Strength Index (RSI) provides a glimpse into stocks that may be overbought or oversold: - **Intuitive Machines** tops the overbought list with an RSI of 92.1, suggesting potential caution among investors. - On the oversold end, **ReAlpha Tech** and **AN2 Therapeutics** show RSIs of 11.6 and 13.8, respectively, indicating possible undervaluation. ### Final Thoughts Today's premarket activity paints a complex picture of the US equities market, with significant movements across various sectors and market capitalizations. While some companies like **Intuitive Machines** and **NeoGenomics** ride high on positive updates, others like **Palo Alto Networks** and **SolarEdge** grapple with investor concerns over future growth. As the market awaits Nvidia Corp.'s earnings report, these movements underscore the importance of staying informed and agile in the ever-evolving investment landscape.

2/21, 08:37 EST

After-Market: Tech and Education Stocks Soar, Solar Dims After Hours

4/23, 17:09 EDT

[TOP MOVERS] Earnings Shocks Jolt US Stocks Amid Market Speculation

2/21, 06:26 EST

Cisco and Solar Stocks Shine, Restaurant Chains Wilt

SEDG News

Siemens Energy Up 12%, Eyes Job Cuts for Gamesa Boost

Goldman Sees 45% Gain in Stocks Amid $858B Electric Surge

First Solar Sees 50% Rise on Data Boom, Goldman Ups Target to $268

Solera Eyes $1B IPO, Expands Auto Data Empire

TotalEnergies Eyes NY Listing Amid ESG Policy Shifts

4/30, 12:04 EDT

TotalEnergies Eyes AES Brazil's $1.1B Renewable Portfolio

4/29, 11:59 EDT

After-Market: Tech and Education Stocks Soar, Solar Dims After Hours

4/23, 17:09 EDT

ACEN's $15B Plan for 20,000MW in Renewables by 2030

4/18, 03:08 EDT

Jera Eyes IPO for 6x Green Capacity Boost by 2035

4/15, 02:28 EDT

SunPower Leads in Short Bets Amid 48% Drop, Market Wary

4/12, 06:23 EDT

EU Probes Hit China Clean Energy; Ming Yang, Longi Stocks Fall

4/10, 04:09 EDT

U.S. Energy Policy Critiqued Amid EV Subsidies, China Rivalry

Cisco and Solar Stocks Shine, Restaurant Chains Wilt

Nvidia Leads Wall Street Picks with 82% Surge

3/27, 19:50 EDT

AI Chip Demand Sparks Market Rally with Nvidia's Surge - Meta and Microsoft Among Top Beneficiaries

Potential Breakouts Ahead for McDonald's, Restaurant Brands International, and Yum! Brands

Market Volatility in Tech Stocks: Nvidia, SolarEdge, Teladoc, and Palo Alto Networks Face Earnings Challenges

2/21, 08:39 EST

[TOP MOVERS] Nvidia Earnings Awaited Amid Market Jitters, Tech Slumps

2/21, 08:37 EST

[TOP MOVERS] Nvidia Earnings Awaited Amid Premarket Jitters

2/21, 07:35 EST

[TOP MOVERS] Earnings Shocks Jolt US Stocks Amid Market Speculation

2/21, 06:26 EST

Nvidia's Pre-Earnings Dip, Amazon's Dow Debut Stir Markets

2/20, 19:30 EST

SolarEdge Technologies Inc. stock plunges 14% post-earnings amid solar industry challenges

2/20, 17:15 EST

[TOP MOVERS] Tech and Healthcare Drag S&P 500 Lower Amid Volatility

2/20, 17:07 EST

Palantir's 44% Surge Leads Market Highlights, PayPal Tumbles

Shift4 and Nucor Rated Buy; Boeing Faces Downgrade Concerns

1/17, 21:40 EST

Fed's Rate Stance Spurs Market Volatility, Treasury Yields Jump

1/17, 09:21 EST

S&P 500 Shakeup: Top Companies' Unprecedented Moves

Wall Street Views

Harvest Portfolio Management

Paul Meeks, 3/7/24

Bullish on

“Super Micro makes customized servers that are used by AI customers, so it uses Nvidia’s chips in their servers and ... Super Micro sells their servers to folks like Microsoft, and then they put them in a data center. And so Super Micro has done a pretty good job of transitioning its focus to AI customers.”

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