Articles

UnitedHealth’s stock surges as medical costs rise, but less than investors feared

UnitedHealth’s stock was set to surge as medical costs rose less than feared and the profit outlook was raised.

Here’s how much money PayPal is making from Venmo — and more earnings takeaways as the stock soars

PayPal is also instituting its first dividend, boosting its full-year forecast and partnering with OpenAI.

U.S. says $80 billion worth of nuclear reactors will be built. Cameco’s stock jumps.

The U.S. government announced a pact to build at least $80 billion worth of nuclear reactors, in a pact to meet the growing power demands caused by artificial intelligence.

Amazon to cut 14,000 jobs. Credit — or blame — goes to AI.

Amazon.com on Tuesday announced job cuts of 14,000, as the megacap tech company said it needs to better prepare for the impact of artificial intelligence.

Why tech evangelist Cathie Wood predicts a ‘shudder’ in markets next year.

Wood foresees a reality check on AI valuations at some point but she does not think we’re in a bubble.

Mark Wahlberg buys a $37 million Florida mansion on ‘Billionaire’s Row’

Hollywood heavyweight Mark Wahlberg has forked over $37 million to buy a newly flipped, fully furnished Florida mansion on an exclusive stretch known as “Billionaires Row.”

CarMax to leave the S&P 500 to give way to this famous industrial company’s spinoff

A place in the S&P 500 is a sought-after spot for companies, as it exposes their stock to a broad swath of active investors and to countless passive funds that track the benchmark automatically.

This biotech’s stock soared as investors look for the next buyout target

Dyne Therapeutics’ stock sees record rally, but one analyst says it could still climb a lot further, after a rival got bought out for a big premium.

Why the odds of gas prices falling below $2 anytime soon are one in a million

Gasoline prices at the pump last week fell to their lowest average intraday price in four years, but aren’t likely to see a dip below $2 a gallon any time soon.

The Fed has a strong case for an October rate cut — but investors should brace for anything

Here’s what investors should do when the central bank doesn’t have official data.

The stock market is shattering records — but picking winners still isn’t easy

More stocks are making money, but there are more losers too.

Amazon plans its biggest job cut in roughly three years, Reuters reports

Move would follow reports of cuts at Target, Meta and elsewhere.
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