Posts with tag: java
UnitedHealth Group (UNH) stock plunged 8.64% on news of a DOJ investigation into its Medicare Advantage insurance business. The company has faced numerous challenges in recent months, including layoffs, a cybersecurity attack, and the death of a top executive.
Published on: February 21, 2025, 04:02 PM UTC
Rivian posts gross profit in Q4, narrows 2024 EBITDA loss, and forecasts continued growth in 2025, despite a dip in stock price.
Published on: February 21, 2025, 04:01 PM UTC
The "Magnificent Seven" tech stocks (Meta, Amazon, Google, Apple, Nvidia, Microsoft, Tesla) have had mixed results in 2025. Despite their popularity, valuations remain high, and investors are advised to diversify their portfolios.
Published on: February 21, 2025, 02:00 PM UTC
Walmart's stock falls over 6% on conservative guidance amid tariff concerns. The company says it's not immune to tariffs but will work with suppliers to keep prices low. Walmart imports two-thirds of its products from the US, giving it lower exposure to tariffs than other companies. However, analysts say tariffs could reverse deflation in general merchandise and hurt Walmart's business in Mexico.
Published on: February 21, 2025, 01:02 PM UTC
Australia's Reserve Bank is cautious about further rate cuts due to labor market pressures, but will respond if inflation slows more than expected.
Published on: February 21, 2025, 03:03 AM UTC
Delta Air Lines has reportedly offered $30,000 to passengers on a Minneapolis-to-Toronto flight that crash-landed. The payment is not tied to any strings and is in accordance with international treaties governing flights and incidents.
Published on: February 21, 2025, 12:03 AM UTC
Rivian (RIVN) reported strong Q4 results, posting a gross profit driven by cost improvements. The company projects a smaller EBITDA loss in 2024 and 2025, with vehicle deliveries between 46,000-51,000 in 2025. Rivian's partnership with Volkswagen and potential DOE loan support its growth plans. Regulatory changes, including the potential repeal of EV tax credits, remain a wildcard.
Published on: February 20, 2025, 10:01 PM UTC
Federal Reserve officials discuss concerns about inflation amid talk of higher tariffs and changing immigration policies from the Trump administration.
Published on: February 20, 2025, 09:01 PM UTC
CVS, PFE, GDRX, LLY, and HIMS saw stock price increases in a recent market update. Pharmaceutical companies and pharmacy benefit managers are in a heated battle in Washington, D.C. PBMs defend their value, but a bipartisan investigation questions their rebate strategy.
Published on: February 20, 2025, 02:02 PM UTC
Upbound Group beats expectations, reports $31M in profits for the fourth quarter. For the year, the furniture and appliance leasing company reported a profit of $123.5 million.
Published on: February 20, 2025, 01:09 PM UTC