UnitedHealth stock craters as CEO calls disappointing results 'unusual and unacceptable'
UnitedHealth stock was under pressure early Thursday after the company slashed its profit outlook following results its CEO called "unusual and unacceptable."
UnitedHealth stock was under pressure early Thursday after the company slashed its profit outlook following results its CEO called "unusual and unacceptable."
Nvidia stock continued its slide on Thursday bringing market cap losses since it disclosed new export controls to more than $250 billion.
Chagee sold 14.7 million ADS at the top of its marketed range of $26 to $28 per share to raise $411 million, in the biggest listing for a Chinese consumer company since vaping firm RLX Technology's $1.4 billion IPO in January 2021, according to Dealogic data. The market reaction signals sustained investor appetite for Chinese IPOs on U.S. exchanges at a time when two of the world's biggest economies are engaged in a full-on trade war.
Mortgage rates have swung higher, and that's reducing application activity. The average 30-year loan stood at 6.83%, according to Freddie Mac.
US stock futures traded flat on the heels of a bruising day on Wall Street that underscored fears over the economic impact of President Trump's tariffs.
Shares of Global Payments tumbled 17% Thursday after the fintech firm announced the acquisition of payment processing company Worldpay from private equity firm GTCR and Fidelity National Information Services for $24.25 billion in cash and stock.
(Bloomberg) -- Gold paused its record-breaking rally amid optimism over US-Japan trade talks, after bullion earlier reached another all-time high.Most Read from BloombergTrump Signs Executive Orders on Federal Purchasing, Office SpaceDOGE Places Entire Staff of Federal Homelessness Agency on LeaveHow Did This Suburb Figure Out Mass Transit?Why the Best Bike Lanes Always Get BlamedNashville’s $3 Billion Transit Plan Brings a Call for Zoning ReformThe precious metal slipped by as much as 1.8% afte
Several big insurance firms joined UnitedHealth in the list of top S&P 500 decliners today.
(Bloomberg) -- Stocks in developing nations were on track for their best daily performance in a month on Thursday, as progress in trade talks between the US and Japan spurred investor optimism. Most Read from BloombergTrump Signs Executive Orders on Federal Purchasing, Office SpaceDOGE Places Entire Staff of Federal Homelessness Agency on LeaveHow Did This Suburb Figure Out Mass Transit?Why the Best Bike Lanes Always Get BlamedNashville’s $3 Billion Transit Plan Brings a Call for Zoning ReformTh
(Bloomberg) -- A double-digit selloff in UnitedHealth Group Inc. is dragging down the blue-chip Dow Jones Industrial Average, pushing it toward a day of historical underperformance.Most Read from BloombergTrump Signs Executive Orders on Federal Purchasing, Office SpaceDOGE Places Entire Staff of Federal Homelessness Agency on LeaveHow Did This Suburb Figure Out Mass Transit?Why the Best Bike Lanes Always Get BlamedNashville’s $3 Billion Transit Plan Brings a Call for Zoning ReformThe Dow Jones I