Old meets new economy: AI boom to supercharge European banks’ rally
Banks are ‘cost winners’ of AI boom, BlackRock says European banks remain undervalued, despite strong rally AI could…
Rivian shares surge as analysts cheer shift to custom self-driving chip, AI strategy
Dec 12 (Reuters) – Shares of Rivian Automotive (RIVN.O), opens new tab surged 18% on Friday as analysts…
Trump says CNN should be sold as part of Warner Bros Discovery deal
WASHINGTON, Dec 10 (Reuters) – U.S. President Donald Trump said on Wednesday the news network CNN should be…
Health insurers rise on report Trump considering ACA subsidy extension
Nov 24 (Reuters) – Shares of U.S. health insurers jumped on Monday following a media report the White…
AI boom brings fresh risks to US markets, and more money to M&A
Citadel’s risk models show modern markets amplify shocks, volatility spikes hit harder McKinsey estimates $7 trillion needed for…
Abbott is weighing takeover of Exact Sciences, Bloomberg News reports
Nov 19 (Reuters) – Medical device maker Abbott Laboratories (ABT.N), opens new tab is nearing a potential takeover…
Health insurers slide as US reaches government shutdown deal without extending subsidies
Nov 10 (Reuters) – Shares of health insurers fell about 2% to 10% in early trading on Monday…
AMD forecasts fourth-quarter revenue above estimates on strong AI chip demand
AMD reports adjusted gross margins of 54%, ahead of Wall Street expectations AI chip demand boosts AMD’s data…
CVS Health forecasts double-digit earnings growth for 2026
CVS beats earnings estimates for fourth consecutive quarter CVS expects mid-teens profit growth in 2026 Company plans to…
Texas sues Tylenol makers J&J and Kenvue, claiming they hid drug’s autism risks
Ken Paxton says US ‘confirmed’ Tylenol’s risks to children Trump warned pregnant women against using Tylenol Kenvue to…
UnitedHealth lifts 2025 profit forecast, aims for growth in 2026
Oct 28 (Reuters) – UnitedHealth (UNH.N), opens new tab on Tuesday raised its annual profit forecast and said…
Universal Health Services beats quarterly profit estimates on higher medical care demand
Oct 27 (Reuters) – Universal Health Services (UHS.N), opens new tab beat Wall Street estimates for third-quarter profit…