Warren Buffett’s Berkshire Hathaway acquired a stake worth $1.6 billion in beleaguered insurer UnitedHealth in the second quarter. WireImage It’s a difficult time for value investors to find bargains, with the stock market shrugging off pessimism about tariffs and a weak job market to keep climbing to record highs, but Warren Buffett’s Berkshire Hathaway found…
OMAHA, Neb. (AP) — Berkshire Hathaway revealed four new investments Thursday in steelmaker Nucor, insurer UnitedHealth and two of the nation’s biggest homebuilders — Lennar and DR Horton — but it’s not clear if the investments are big enough to ensure that legendary investor Warren Buffett handled them. Buffett, who plans to retire as CEO…
In This Story Shaken by geopolitical shocks, the S&P 500 was flat last week and the Nasdaq nosed just into the red — but the Dow Jones Industrial Average finished significantly lower, weighed down by a double blow from UnitedHealth (UNH) and Nvidia (NVDA). How Trump’s tariffs could make your iPhone cost $3,500 UnitedHealth slashed…
Stock indexes were mixed in choppy trading on Thursday as investors weighed progress in trade negotiations with Japan against concerns about the monetary policy outlook, while a slump in UnitedHealth’s shares weighed on the Dow. The Dow Jones Industrial Average tumbled 527 points, or 1.3%, to 39,142.23. The S&P 500 rose 0.1%, and the Nasdaq edged…
UnitedHealth (UNH) stock cratered just over 22% Thursday — its biggest single-day drop since August 1998 — after its first quarter earnings missed expectations and the company cut its full-year profit guidance. The health insurance giant now expects adjusted full-year profits to fall in a range between $26 and $26.50 per share, down from its…
By Sriparna Roy (Reuters) -UnitedHealth has traditionally been a company investors saw as reliable, having not missed earnings estimates since the 2008 global financial crisis. Until Thursday. The country’s largest insurer by market value fell far short of expectations with its quarterly earnings, leading to its worst one-day selloff in more than a quarter-century. Its…
UnitedHealth (UNH) is America’s largest private health insurer. That’s its biggest problem. The parent company, UnitedHealth Group, traded down nearly 20% Thursday morning after missing Wall Street estimates on both the top and bottom lines. The reason for the steep sell-off? Medicare Advantage. NYSE – Nasdaq Real Time Price • USD As of 12:10:27 PM…
By Lisa Pauline Mattackal and Purvi Agarwal (Reuters) -Futures tied to the S&P 500 and the Nasdaq regained some ground on Thursday on the final trading day of the week, with focus on U.S.-Japan tariff talks, while UnitedHealth’s shares fell sharply following a forecast cut by the insurer. U.S. President Donald Trump said the country…
Photo: Spencer Platt (Getty Images) U.S. stocks plummeted on Friday on poor economic news. Consumer confidence weakened to the lowest level since November 2023, even as long-run inflation expectations rose to the highest since 1995. The services purchasing managers’ index fell into contractionary territory and January home sales contracted by more than expected. As the…
Wall Street’s main indexes were set for weekly declines on Friday, as fresh data painted a weak picture for the American economy, while UnitedHealth dropped after a report that the Justice Department is investigating the healthcare conglomerate. In afternoon trading, the Dow Jones Industrial Average slumped 704 points, or 1.6%, to 43,472. The S&P 500 dropped 1.4%, and the Nasdaq lost…