Market

US stocks trade mixed; S&P 500, Nasdaq on track for weekly gains while Dow Jones Industrial Average heads for a loss. UnitedHealth's probe by the Department of Justice weighs on Dow. Walmart's tariff concerns impact sentiment. Celsius Holdings surges after $1.8 billion Alani Nutrition acquisition.

Published on: February 21, 2025, 03:04 PM UTC

Reddit (RDDT) stock has lost 19% since earnings, after a six-month rally. CEO Steve Huffman sold $70.5 million worth of shares. The US FTC is investigating tech platforms' policies. Despite the drop, RDDT is still up 220% from six months ago. Wall Street analysts maintain Buy ratings on the stock.

Published on: February 21, 2025, 03:03 PM UTC

UnitedHealth Group (UNH) stock plunged 8.68% on Friday after news of a DOJ investigation into its Medicare Advantage insurance business. The investigation focuses on how UNH records diagnoses to boost payments from CMS. This is the sixth time UNH stock has fallen this year, and the company has faced other headwinds including a cybersecurity attack, DOJ scrutiny, and FTC blockage of an acquisition.

Published on: February 21, 2025, 03:03 PM UTC

The stock market rally in 2025 continues unabated, but some on Wall Street are growing concerned that much of the positive news surrounding Trump's impending policies could be priced in.

Published on: February 21, 2025, 03:03 PM UTC

Nvidia's quarterly results may not hold as much sway over the S&P 500 as in the past, as the market broadens and other stocks contribute more to gains.

Published on: February 21, 2025, 03:03 PM UTC

Walmart's stock price tumbled 6.23% on Thursday after the retailer issued a weak 2025 outlook, with analysts lowering EPS estimates but maintaining bullish ratings and price targets.

Published on: February 21, 2025, 03:02 PM UTC

The "Magnificent Seven" tech stocks (Meta, Amazon, Google, Apple, Nvidia, Microsoft, and Tesla) have had a mixed performance in 2025. Meta has outperformed the S&P 500, while Tesla has underperformed. Despite this, the stocks remain popular among investors, with Tesla being the most crowded trade. However, valuations are still high, and analysts are recommending investors diversify their portfolios.

Published on: February 21, 2025, 03:02 PM UTC

U.S. stocks traded mixed on Friday, with the Dow Jones Industrial Average falling 0.5%, while the S&P 500 and Nasdaq Composite were flat and up 0.2%, respectively. UnitedHealth shares plunged 11% after a report about a Department of Justice probe into its Medicare billing practices. Investors will be watching for economic data on existing home sales and consumer sentiment later in the day.

Published on: February 21, 2025, 03:02 PM UTC

Reddit (RDDT) stock has lost 19% since earnings, despite user growth and advertising revenue gains. CEO Steve Huffman sold $70.5 million worth of shares, the largest sale to date.

Published on: February 21, 2025, 03:01 PM UTC

Coinbase's case with the SEC was dismissed, boosting shares by 3%. Coinbase claimed the win on social media, but the SEC has not confirmed the decision.

Published on: February 21, 2025, 03:01 PM UTC