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Business
U.S. Stocks Slide as UnitedHealth Probe and Economic Woes Weigh on Markets
Wall Street Sees Red Amid UnitedHealth Investigation and Weak Economic Data U.S. stocks tumbled on Friday, with all three major…
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Business
UnitedHealth Group (NYSE:UNH) Shares Plunge 7% Amid DOJ Fraud Investigation
DOJ Launches Civil Fraud Probe into UnitedHealth’s Medicare Advantage Practices Shares of UnitedHealth Group (NYSE:UNH) tumbled approximately 7% in premarket…
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Business
Wall Street Struggles for Direction Amid Walmart’s Outlook and UnitedHealth Investigation
Markets Mixed as Wall Street Recovers from Thursday’s Sell-Off Wall Street’s major indexes showed a mixed performance on Friday as…
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FDA Declares End to Semaglutide Shortage, Grants Grace Period for Compounders
FDA Ends GLP-1 Shortage, Pauses Enforcement Against Compounders The U.S. Food and Drug Administration (FDA) announced Friday that it will…
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Business
Hims & Hers Acquires Peptide Facility Amid Weight Loss Drug Shift, Stock Drops 20%
Hims & Hers Health (NYSE: HIMS) has acquired a California-based peptide facility to strengthen its supply chain and expand its…
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Business
FDA Declares End to Ozempic and Wegovy Shortages, Impacting Hims & Hers Health (NYSE:HIMS)
Novo Nordisk’s Ozempic and Wegovy No Longer in Short Supply, Creating Challenges for Hims & Hers The U.S. Food and…
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Arbor Realty Trust (NYSE:ABR) Q4 2024 Earnings and Dividend Announcement
Arbor Realty Trust (NYSE:ABR) reported Q4 2024 earnings with lower-than-expected results, as EPS and revenue both came in below analyst…
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Business
Goldman Sachs Reveals Stocks with Biggest Short Interest Shifts Since U.S. Election
Goldman Sachs analysts have identified the stocks with the largest increases and decreases in short interest since the U.S. election…
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Business
Bluebird Bio (NASDAQ:BLUE) to Go Private in $3 Billion M&A Deal with Carlyle and SK Capital
Bluebird Bio Stock Crashes 37% as Carlyle and SK Capital Plan Takeover Shares of bluebird bio (NASDAQ:BLUE) plummeted ~37% in…
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Business
Apple (NASDAQ:AAPL) Removes Advanced Data Protection in the UK Amid Government Pressure
Apple (NASDAQ:AAPL) is withdrawing its Advanced Data Protection (ADP) feature for cloud data in the United Kingdom after facing government…
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Business
Coinbase (NASDAQ:COIN) Surges as SEC Agrees to Dismiss Lawsuit with No Fines
Coinbase CEO Brian Armstrong Announces Victory in SEC Legal Battle Shares of Coinbase (NASDAQ:COIN) climbed 2.4% in early Friday trading…
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Business
Virtus InfraCap U.S. Preferred Stock ETF (NYSEARCA:PFFA) Declares $0.1700 Dividend for February 2024
PFFA Maintains Consistent Dividend Payout for Investors Virtus InfraCap U.S. Preferred Stock ETF (NYSEARCA:PFFA) has announced a monthly dividend of…
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Business
Kenvue (NYSE:KVUE) Rises on Takeover Speculation Amid Activist Pressure
Kenvue Gains Amid Rumors of Acquisition Interest Shares of Kenvue (NYSE:KVUE), the consumer health company known for brands like Tylenol,…
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Business
Arbor Realty Trust (NYSE:ABR) Posts Mixed Q4 Results as Earnings Miss but NII Beats Estimates
Arbor Realty Trust Reports Q4 2024 Financial Results Arbor Realty Trust (NYSE:ABR) delivered a mixed performance in its Q4 2024…
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Business
J.P. Morgan Upgrades Grab Holdings (GRAB) to Overweight, Sees Strong Earnings Growth Ahead
Grab Holdings (NASDAQ: GRAB) received a major boost from J.P. Morgan, which upgraded the stock to Overweight from Neutral, citing…
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Business
Goldman Sachs Identifies Key Hedge Fund Shifts Following Post-Election Policies
Hedge Funds Reposition Portfolios Amidst Regulatory and Trade Policy Changes Goldman Sachs strategists have observed significant shifts in hedge fund…
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Business
Arbor Realty Trust (NYSE:ABR) Q4 2024 Earnings: EPS and Revenue Fall Short of Expectations
Arbor Realty Trust (NYSE:ABR) reported Q4 2024 earnings with lower-than-expected results, as EPS and revenue both came in below analyst…
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Business
Gilead Seladelpar Wins EU Approval for Rare Liver Disease Treatment
Gilead Sciences (NASDAQ: GILD) has secured conditional marketing authorization from the European Commission (EC) for seladelpar, a breakthrough treatment for…
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Business
Stock Market Movers: MercadoLibre and Celsius Surge, UnitedHealth and Akamai Drop
Stock Futures Slip as Investors Eye Economic Data; Here’s What’s Moving Markets Stock futures edged lower on Friday as investors…
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Business
Five9 (NASDAQ:FIVN) Surges on Strong Q4 Results and AI Growth Acceleration
Five9 (NASDAQ:FIVN) shares soared in early market trading on Friday after the company’s Q4 2024 financial results exceeded expectations, showcasing…
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Business
Nu Holdings (NYSE:NU) Stock Slumps After Q4 2024 Revenue Miss, Slower Customer Growth
Nu Holdings Faces After-Hours Stock Decline Following Q4 Earnings Report Brazilian digital banking giant Nu Holdings (NYSE:NU) saw its stock…
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Business
Arbor Realty Trust (NYSE:ABR) Declares $0.43 Quarterly Dividend, Maintaining High 12.43% Yield
Arbor Realty Trust Sustains Strong Dividend Performance Arbor Realty Trust (NYSE:ABR) has announced its latest quarterly dividend of $0.43 per…
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Business
Amazon Surpasses Walmart in Quarterly Sales for the First Time Ever
Amazon Record-Breaking Quarter Puts It Ahead of Walmart For the first time in history, Amazon (NASDAQ:AMZN) has overtaken Walmart (NYSE:WMT)…
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Business
UnitedHealth Group (NYSE:UNH) Stock Plummets Amid U.S. DoJ Investigation, Impacting ETFs
UnitedHealth Group Faces Regulatory Scrutiny, Leading to Major Stock Decline UnitedHealth Group (NYSE:UNH) witnessed a sharp decline in its stock…
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Business
Rivian Recalls Over 17,000 Vehicles Amid Headlight Malfunction, Stock Drops 6%
Rivian Automotive (NASDAQ: RIVN) is recalling 17,260 vehicles in the U.S. due to a headlight defect that could impact visibility…
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Business
Spirit Airlines (OTC:SAVEQ) Secures Bankruptcy Court Approval for Debt Restructuring
Spirit Airlines Transfers Ownership to Majority Lenders as Bankruptcy Exit Plan Moves Forward Spirit Airlines (OTC:SAVEQ) has received court approval…
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Business
Uniti Group (NASDAQ:UNIT) Q4 2024 Earnings: AI Expansion, Fiber Growth and Windstream Merger
Uniti Group (NASDAQ:UNIT) delivered a strong Q4 2024 performance, with growth in recurring revenue, fiber infrastructure demand, and a strategic…
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Business
Tesla (TSLA) Recalls Over 376,000 Vehicles Due to Steering Issue, Releases Free Software Fix
Tesla (NASDAQ: TSLA) has issued a software update as part of a major recall involving 376,241 Model 3 and Model…