Molina’s second quarter was complicated, with stability in Medicaid and outperformance in Medicare Advantage overshadowed by problems in the ACA exchanges. The trend was “unfortunate,” according to the insurer’s CEO.
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The Dallas carrier posted adjusted EPS of 94 cents against a 51-cent consensus estimate, but its third-quarter earnings outlook of 50–75 cents trailed the 82-cent analyst expectation
The company now expects constant-currency revenue growth of 4% to 5% for 2026, down from a prior forecast of over 5%
Investing.com -- T-Mobile reported second-quarter earnings that topped Wall Street estimates on Thursday and raised its full-year cash flow guidance, but the company’s shares fell as quarterly revenue missed analyst forecasts.
(Bloomberg) -- Infosys Ltd. cut the upper end of its sales growth outlook as global clients slow down technology spending at a time of elevated interest rates and geopolitical conflicts.Most Read from BloombergRetina Chip Designed to Restore Sight to Go on Sale in EuropeHegseth Turns to UNC, Virginia Tech After Dropping Ivy LeagueApple Plans Overhaul of MacBooks, iMac in Push to Meet AI DemandTrump’s 100% Generic Drug Duty Threatens US Low-Cost SupplyAlphabet’s $205 Billion Spending Target Fuels
BENGALURU, July 23 (Reuters) - Infosys reported lower-than-expected quarterly revenue on Thursday as India's second-largest IT firm's clients held back spending as artificial intelligence tools
The hedge fund manager who made billions betting against subprime mortgages is now pounding the table on gold mining stocks, but his loudest endorsement comes with a conflict of interest investors cannot afford to ignore.
Ark Invest also reduced its small positions in Brera Holdings across several of its funds.
Small-cap stocks in the Russell 2000 (^RUT) can be a goldmine for investors looking beyond the usual large-cap names. But with less stability and fewer resources than their bigger counterparts, these companies face steeper challenges in scaling their businesses.
Morgan Stanley’s new “Moat & Journey” framework and Underweight rating on Workday (WDAY), along with a CLSA Underperform initiation, have put the company’s AI ambitions and growth outlook under closer investor scrutiny. See our latest analysis for Workday. Workday’s latest Underweight and Underperform calls arrive after a sharp 1-day share price decline of 6.2%, set against a 30-day share price return of 17.14% but a year-to-date share price return down 35.65%. This points to near term...
ABR, ARDX and RGNX have been added to the Zacks Rank #5 (Strong Sell) List on July 23, 2026.
Nathan Blecharczyk disposed of 17,692 shares through a pre-arranged trading plan, reducing his indirect equity stake by 59% while maintaining substantial beneficial ownership.
Technological advances are driven by hype, with next-big-thing innovations taking years to mature.
Tesla Q2 net income was down 17% on last year, despite strong car sales.
Stock futures were falling ahead of the open Thursday as investors assessed rising inflationary risks from the conflict with Iran, and a flurry of earnings reports. S&P 500 futures lost 0.5% with contracts tracking the tech-heavy Nasdaq down 0.6%. Inflation is on focus again amid renewed U.S. strikes against Iran and diminishing signs of progress in peace talks.
Stocktwits data showed retail sentiment is weak, declining to ‘extremely bearish’ on SPY and ‘bearish’ on QQQ.
(Updates with analyst comments in the headline and the last four paragraphs.) Tesla (TSLA) report
Lockheed Martin (NYSE:LMT) introduced the PAC-3 ACE interceptor, a next-generation missile defense solution positioned for rapid production and allied use. The system is described as a cost-effective option aimed at meeting record global demand for air and missile defense capabilities. The announcement expands Lockheed Martin’s missile defense portfolio at a time when many governments are prioritizing scalable defense systems. For investors tracking Lockheed Martin, the PAC-3 ACE...
A class action lawsuit has been filed against Intuit alleging materially false or misleading statements about its business and growth. The complaint focuses on Intuit's TurboTax segment, including claimed overstatements of tax season performance and business prospects. The suit comes alongside workforce reductions and restructuring moves that have raised questions about the health of the core tax business. For investors watching Intuit, ticker NasdaqGS:INTU, the lawsuit lands at a time when...
Drugmakers have announced 37 biotech acquisitions worth at least $1 billion this year, topping the previous annual record.
(Bloomberg) -- STMicroelectronics NV plunged the most in a year after the chipmaker forecast third-quarter sales that missed analysts’ expectations, dimming hopes for a stronger recovery on the back of artificial intelligence data center demand. Most Read from BloombergHegseth Turns to UNC, Virginia Tech After Dropping Ivy LeagueRetina Chip Designed to Restore Sight to Go on Sale in EuropeApple Plans Overhaul of MacBooks, iMac in Push to Meet AI DemandTrump’s 100% Generic Drug Duty Threatens US
The European chip maker, which also counts Apple and Tesla among its clients, raised its revenue target after having had upgraded its forecast in June.
Analyst Gene Munster sees Tesla’s 2027 Capex reaching $25 billion, above Wall Street’s $21 billion estimate.
Red Cat faces pressure from executive turmoil, lawsuit, insider selling, and weak performance and investor concerns ahead of Q2 earnings.
Investors reacted to enterprise spending delays, healthcare competition, and weakening consumer demand.
Fiserv stock has fallen 64.9% over the past year, yet the broader valuation checks still lean cheap, which puts the recent price at odds with what many of the numbers suggest about value. Over the last 12 months, Fiserv has declined 64.9%, a drop that often prompts investors to ask whether sentiment has swung too far relative to fundamentals. The new role as exclusive embedded financial services and payments provider for Datavault AI can support expectations around future payment volumes...
The conflict in the Middle East is raging again, which highlights an important fact that energy investors ignore at their own risk.
QuantumScape’s second-quarter net loss narrowed, but adjusted EBITDA was nearly flat, indicating limited improvement in profit.