Shares of major US health insurers jumped in premarket trading on Tuesday following the government’s announcement of a larger-than-expected increase in 2027 payment rates for Medicare Advantage plans. Insurance giant UnitedHealth led the rally, climbing 6.9%, while CVS Health, Elevance Health, Centene , and Molina Healthcare rose between 3.6% and 6%. Notably, Humana surged 10.7%,… Continue reading UnitedHealth, US insurer stocks surge on Tuesday: here’s why
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Broadcom stock price bullish flag points to more gains after the Anthropic deal
Broadcom stock price has crashed into a technical bear market after falling by over 24% from its highest point in December last year. AVGO dropped to 314, with its market capitalisation dropping from over $1.9 trillion to $1.5 trillion. So, will the new deal with Anthropic fuel its comeback? Broadcom inks major deal with Anthropic … Continue reading Broadcom stock price bullish flag points to more gains after the Anthropic deal
ASML stock tumbles as US bill threatens China chip tool sales
ASML shares fell 2.6% on Tuesday after a group of bipartisan US lawmakers introduced legislation last week that could further restrict the Dutch semiconductor equipment maker’s already constrained sales to China. The bill, if passed, would extend export controls to include less advanced chipmaking tools that Chinese manufacturers have so far been permitted to buy.… Continue reading ASML stock tumbles as US bill threatens China chip tool sales
Why Air India’s turnaround CEO is leaving before the job is done
Campbell Wilson’s resignation as Air India chief executive is striking not because it comes after a failed turnaround, but because it comes in the middle of an unfinished one. When Tata Group brought him in during 2022, the task was clear: rebuild a former state-run airline that had lost years to underinvestment, weak service and… Continue reading Why Air India’s turnaround CEO is leaving before the job is done
Tesco share price analysis ahead of earnings: buy or sell?
Tesco share has done modestly well in the past few weeks and is hovering near its all-time high as traders wait for the upcoming financial results. It was trading at 487p on Tuesday, down slightly from the all-time high of 510p. Tesco to publish its earnings on Thursday next week TSCO, the biggest retailer in… Continue reading Tesco share price analysis ahead of earnings: buy or sell?
What next for the Rolls-Royce share price as it falls into a correction?
Rolls-Royce share price has dived sharply in the past few months. It has dropped by over 15% from its highest point this year, remaining in a technical correction. RR stock was trading at 1,190p, and the weakness may continue as the Iran war continues. Rolls-Royce Holdings business is being impacted by the Iran war Rolls-Royce,… Continue reading What next for the Rolls-Royce share price as it falls into a correction?
Ackman’s $64B UMG bid targets valuation gap, US listing pivot
Activist investor Pershing Square Capital Management said on Tuesday it plans to acquire Universal Music Group in a cash-and-stock transaction valued at approximately €55.8 billion ($64.4 billion) in a move that could shift the world’s largest music label toward a US listing while offering shareholders a substantial premium. The deal, unveiled on Tuesday, values UMG… Continue reading Ackman’s $64B UMG bid targets valuation gap, US listing pivot
Beyond Elon Musk: these stocks could be real winners of SpaceX IPO
SpaceX’s stock market debut is already stirring the usual Elon Musk wealth headlines. But the more interesting question for investors may be which listed companies could gain alongside it. If SpaceX does come to market at anything close to the valuations now under discussion, the clearest public-market beneficiary would be Alphabet, which already owns a… Continue reading Beyond Elon Musk: these stocks could be real winners of SpaceX IPO
FTSE 100 futures climb as Europe eyes cautious open amid Iran risk
European equity futures were trading cautiously higher on Tuesday as investors held back from making large directional bets ahead of US President Donald Trump’s deadline for Iran to reopen the Strait of Hormuz to oil traffic. The main European exchanges are set to return from the Easter break, with markets closed on Good Friday and… Continue reading FTSE 100 futures climb as Europe eyes cautious open amid Iran risk