Thursday's trading session has presented significant movements among stocks, particularly within the mega-cap and large-cap segments. Market participants have witnessed notable declines in heavyweight stocks like UnitedHealth Group (UNH) and Tesla Motors (NASDAQ:TSLA),
U.S. stock markets experienced a downturn on Thursday, with the Nasdaq Composite shedding over 170 points and ending the day at 19,338.29.
UnitedHealth Group reported $14.4 billion in 2024 profits as its UnitedHealthcare health insurance and Optum provider services overcame rising costs and a cyberattack.
U.S. stock indexes drifted lower Thursday following a mixed set of earnings reports from Morgan Stanley, UnitedHealth Group and other big companies. The S&P 500 slipped 0.2% after flipping between small gains and losses through the day.
NEW YORK — U.S. stock indexes drifted lower Thursday following a mixed set of earnings reports from Morgan Stanley, UnitedHealth Group and other big companies.
U.S. stocks erased a modest early gain, with the S&P 500 struggling to tally a fourth-straight advance. The index was marginally lower in recent trading, although it was outperforming both the Nasdaq Composite and the Dow.
The UnitedHealth Group leader whose murder in December unleashed a torrent of public frustration and dissatisfaction with the U.S. health care system was pushing for some of the very improvements that critics have been seeking.
Cybersecurity companies are seeing strong demand as businesses try to equip themselves against growing online threats and digital fraud. AT&T and UnitedHealth Group were among the firms targeted by hacking attempts last year.
UnitedHealth Q4 earnings beat EPS estimates at $6.81 but missed revenue projections. Analysts highlight growth potential in Medicare Advantage trends.
Witty's comments came during the company's first earnings call since the killing of Brian Thompson, the CEO of the company's insurance arm UnitedHealthcare.
The Federal Trade Commission said three top pharmacy suppliers made profits of 7,700 percent on a lifesaving hypertension drug.
Shares were mostly lower in Asia on Friday after China reported that its economy grew at a 5% annual pace last year, hitting the government’s target but slowing from the year