Core Insights - The information technology sector has several oversold stocks, presenting potential buying opportunities for undervalued companies [1] - The Relative Strength Index (RSI) is a key indicator for identifying oversold conditions, typically below 30 [1] Company Summaries - **VeriSign, Inc (NASDAQ:VRSN)**: - RSI Value: 29.7 - Stock Price Action: Fell 5.5% to close at $251.94 - Recent Performance: Stock dropped around 12% over the past month, with a 52-week low of $175.62 - Momentum Score: 71.58, Value Score: 10.11 [6] - **American Bitcoin Corp (NASDAQ:ABTC)**: - RSI Value: 29.3 - Stock Price Action: Fell 7.8% to close at $4.49 - Recent Performance: Stock decreased around 35% over the past month, with a 52-week low of $0.63 - Notable Event: KPMG named as new auditor on Sept. 25 [6] - **Neonode Inc (NASDAQ:NEON)**: - RSI Value: 24.3 - Stock Price Action: Fell 4.8% to close at $3.19 - Recent Performance: Stock declined around 20% over the past month, with a 52-week low of $3.13 - Notable Event: Expected $15-20 million from a Samsung Electronics patent settlement announced on Sept. 3 [6]

Core Viewpoint - The information technology sector has several oversold stocks, presenting potential buying opportunities for undervalued companies [1]. Group 1: Oversold Stocks - Endava PLC (DAVA) has an RSI of 29.8, with a stock price decline of approximately 34% over the past month, reaching a 52-week low of $9.12 [8]. - Neonode Inc (NEON) has an RSI of 23.5, with a significant stock price drop of around 84% in the last month, hitting a 52-week low of $3.80 [9]. - authID Inc (AUID) has an RSI of 29.54, with a stock price decrease of about 36% over the past month, reaching a 52-week low of $2.65 [9]. Group 2: Company Performance Insights - Endava's CEO noted that over half of their employees are now using AI in projects, indicating progress towards becoming AI-native, despite a cautious outlook due to volatile operating conditions [8]. - Neonode anticipates $15-20 million from a patent settlement with Samsung Electronics, which may influence future stock performance [9]. - authID reported its highest quarterly revenue in history, showcasing effective execution of its growth strategy, although the stock has still faced a decline [9].

🧑‍💻 Here are crypto's top Solana ecosystem projects by development. Directional indicators represent each project's ranking rise or fall since last month:➡️ 1) @solana $SOL 🥇➡️ 2) @wormholefdn $W 🥈📈 3) @driftprotocol $DRIFT 🥉📉 4) @pythnetwork $PYTH📈 5) @helium $IOT📉 6) @neonlabsorg $NEON📈 7) @swarms_corp $SWARMS📉 8) @jito_sol $JTO➡️ 9) @metaplex $MPLX📈 10) @jupiterexchange $JUP📖 Read about @santimentfeed's methodology for covering development activity for each project, objectively, using enhanced github eve ...

Company Performance - Neonode (NEON) has returned approximately 10.1% year-to-date, significantly outperforming the average return of -17.1% for the Computer and Technology sector [4] - The Zacks Consensus Estimate for Neonode's full-year earnings has increased by 30.4% over the past quarter, indicating improved analyst sentiment and a stronger earnings outlook [3] Industry Context - Neonode is part of the Computer - Software industry, which consists of 32 companies and currently ranks 76 in the Zacks Industry Rank. This industry has experienced a loss of about 13.4% year-to-date, highlighting Neonode's superior performance within this group [5] - The Computer and Technology group, which includes Neonode, ranks 5 within the Zacks Sector Rank, reflecting the overall strength of this sector [2] Comparison with Peers - Another stock in the Computer and Technology sector, PLDT (PHI), has also outperformed the sector with a year-to-date increase of 4% [4] - PLDT's consensus EPS estimate has risen by 0.3% over the past three months, and it holds a Zacks Rank of 2 (Buy), similar to Neonode [5]

Core Viewpoint - Neonode Inc. announced changes to its Board of Directors, with Didier Schreiber appointed as a Class I Director and Cecilia Edström resigning from the same position due to other commitments [1]. Group 1: Board Composition Changes - Didier Schreiber will join the Board as a Class I Director, bringing extensive experience from the automotive industry [1][2]. - Cecilia Edström will resign from her position as a Class I Director after serving from 2022 to 2025 [1][4]. Group 2: Didier Schreiber's Background - Didier Schreiber is the Owner and CEO of Rondiné Consulting and has held senior management roles at ZEEKR Technology EU AB/CEVT since 2014 [2]. - He holds a PhD in Combustion Technology from Ecole Centrale de Paris - Chalmers University of Technology, with applications on the Ariane rocket engine [2]. Group 3: Future Outlook - Schreiber expressed enthusiasm about joining Neonode's Board, highlighting the company's focus on technology and innovation, and its potential for profitable growth [3]. - Ulf Rosberg, Chairman of the Board, noted that Schreiber's automotive experience will be a significant asset during this pivotal phase for the company [4].

Group 1 - CSG Systems (CSGS) is currently outperforming the Computer and Technology sector, with a year-to-date return of approximately 19.6%, while the sector has lost about 10.4% on average [4] - The Zacks Consensus Estimate for CSGS' full-year earnings has increased by 4.1% over the past three months, indicating improved analyst sentiment and a stronger earnings outlook [4] - CSG Systems holds a Zacks Rank of 2 (Buy), suggesting it has characteristics that may lead to outperformance in the market over the next one to three months [3] Group 2 - CSG Systems is part of the Computer - Services industry, which consists of 9 companies and is currently ranked 87 in the Zacks Industry Rank, with an average loss of 5.2% this year [6] - Another stock in the Computer and Technology sector, Neonode (NEON), has also outperformed the sector with a year-to-date return of 4.4% and a Zacks Rank of 2 (Buy) [5] - The Computer - Software industry, which includes Neonode, has 32 stocks and is ranked 69, with a year-to-date performance of -5.2% [6]

Core Viewpoint - Neonode Inc. has appointed Daniel Alexus as the new President and CEO, effective March 31, 2025, marking a significant step in the company's journey towards profitability and technology licensing [1][2]. Group 1: Leadership Change - Daniel Alexus is set to lead Neonode, bringing a strong background in business leadership and technical expertise, which is deemed essential for the company's future success [2]. - The appointment is seen as a strategic move to reshape Neonode's business model and focus on licensing proprietary technologies to major suppliers and OEMs [2]. Group 2: Daniel Alexus's Background - Daniel Alexus, aged 40, has been with Ericsson since 2010, most recently serving as Executive, Global Head of Innovation and Founder of Ericsson ONE, an innovation accelerator [4]. - He holds a Master of Science in Engineering & Management from KTH Royal Institute of Technology in Stockholm, Sweden, adding to his qualifications for the role [4]. Group 3: Future Focus - Alexus expressed enthusiasm about joining Neonode and emphasized the importance of the company's technology platforms and engineering capabilities, which he believes have significant potential [3]. - His primary focus will be on accelerating commercial success and driving sustainable growth, aiming to create value for customers, employees, and shareholders [3].