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Elevance and UnitedHealth Earnings Are Next Test for Hot Health Insurer Stocks
Barrons.com39d agoneutral
Elevance and UnitedHealth Earnings Are Next Test for Hot Health Insurer Stocks

After a rocky start to the year, health insurer stocks have roared back. The insurers are trying to end a difficult cycle that began about three years ago, when healthcare use, and the costs to cover it, accelerated postpandemic. The fund’s top 10 holdings encompass six health insurers, three of which— UnitedHealth Group Aetna parent CVS Health and Elevance Health —comprise more than 40% of the fund.

Equity Residential (EQR) Skips Earnings Call As AvalonBay Merger Takes Center Stage
Simply Wall St.41d agoneutral
Equity Residential (EQR) Skips Earnings Call As AvalonBay Merger Takes Center Stage

Equity Residential, NYSE:EQR, will not host its usual conference call for upcoming quarterly results. The change is tied to a merger of equals with AvalonBay Communities, Inc. The merger marks a major shift in the company’s structure and reporting approach. Equity Residential enters this merger with AvalonBay while its stock trades at $68.69, giving investors a clear reference point as the combined company takes shape. The shares are up 10.7% year to date and 13.5% over the past 3 years,...

A $28 Billion AI IPO Trading at Just 7x Earnings: Too Cheap or Too Cyclical to Trust?
24/7 Wall St.42d agoneutral
A $28 Billion AI IPO Trading at Just 7x Earnings: Too Cheap or Too Cyclical to Trust?

John Coogan spent Wednesday’s TBPN segment arguing that the largest AI hardware IPO no US retail investor can buy yet might also be the cheapest name in the entire complex. SK Hynix, the South Korean memory giant, is preparing what could be a $28 billion NASDAQ listing, potentially ranking among the largest ever New York ... A $28 Billion AI IPO Trading at Just 7x Earnings: Too Cheap or Too Cyclical to Trust?

Delta earnings: Jet fuel spike has helped airlines pass on higher fares
Yahoo Finance Video42d agoneutralVIDEO
Delta earnings: Jet fuel spike has helped airlines pass on higher fares

Delta Air Lines (DAL) stock continues to face some turbulence ahead of Friday's close despite flying past second quarter estimates with the operator reporting revenue of $17.67 billion and adjusted earnings of $1.56 per share. The airline cited struggles with elevated jet fuel prices while boasting strong demand. Raymond James managing director Savi Syth discusses her recent downgrade on the stock.

Delta Air Lines Q2 Earnings Call Highlights
MarketBeat42d agoneutral
Delta Air Lines Q2 Earnings Call Highlights

Delta Air Lines (NYSE:DAL) reported record June-quarter revenue and better-than-expected profitability, with executives telling analysts that strong demand, fare momentum and diversified revenue streams are supporting the carrier’s full-year outlook despite a sharp increase in fuel costs. Chief Exe