Top political and market headlines this weekend include stock trades by lawmakers, Trump's tech export tax, and calls for Fed action after weak job data.
Upbeat retail sales data for July and a UnitedHealth Group stock rally pushed the Dow to a record intraday high, with all three major indexes scoring their second-consecutive weekly wins.
Shares of cloud communications infrastructure company Twilio (NYSE:TWLO)
jumped 6.5% in the afternoon session after the company was added to the S&P MidCap 400 index. S&P Dow Jones Indices announced that the cloud communications provider will join the index effective prior to the opening of trading on Tuesday, August 19. This inclusion is significant as it typically boosts demand for a company's stock from index funds and other institutional investors that track the benchmark. The move follows the completion of UnitedHealth Group's acquisition of Amedisys, the company Twilio is set to replace. The announcement spurred a positive market reaction, reflecting investor enthusiasm and increased confidence in the company's growth trajectory.
Shares of healthcare insurance company Molina Healthcare (NYSE:MOH)
jumped 4.7% in the afternoon session after news that Warren Buffett's Berkshire Hathaway disclosed a new stake in competitor UnitedHealth Group, lifting the broader health insurance sector. The positive sentiment spread across the health insurance industry after a regulatory filing revealed that Warren Buffett's Berkshire Hathaway had taken a roughly $1.6 billion stake in sector leader UnitedHealth Group. This news spurred a broad rally, with Centene, Elevance Health, and CVS Health also seeing their shares climb.
UnitedHealth Group Inc (NYSE: UNH) has transformed from Wall Street darling to crisis headline - yet ironically, a who's-who of investors are doubling down even as volatility reigns. Legendary investors are betting on UNH's recovery and analysts see potential upside despite recent struggles.UNH is facing a rough patch, but top investors like Burry, Buffett, and Tepper are doubling down. Analysts see potential upside in the stock.
Looking for the most active S&P500 stocks in today's session? Join us as we dive into the US markets on Friday and discover the stocks that are dominating the trading activity and setting the pace for the market.
Legendary Investor Warren Buffett and his Berkshire Hathaway revealed a $1.6 billion stake in UnitedHealth, buying heavily while sentiment was at its worst.
The Switzerland-based international advocacy non-governmental organization and think tank also cleared its founder, Klaus Schwab, and his wife, Hilde Schwab, of any wrongdoing.
Major tech-heavy indices edged lower from record highs by midday Friday in New York, as investors adopted a cautious stance ahead of the Trump-Putin meeting and after data showed a dip in consumer confidence alongside mounting inflation concerns.
UnitedHealth shares traded nearly 14% higher in Friday’s midday trade after Warren Buffett’s Berkshire Hathaway revealed in its latest 13F filing that it held five million shares of the firm at the end of the second quarter.
In a striking display of market intervention and strategic investment, two major corporate developments are sending ripples through the financial world. The U.S. government is reportedly considering an unprecedented ownership stake in struggling chipmaker Intel (NASDAQ: INTC), signaling a direct and significant move to bolster domestic semiconductor manufacturing. Simultaneously,
The financial markets are grappling with a perplexing economic puzzle as recent inflation data presents a contradictory picture. July 2025 saw the Producer Price Index (PPI) surge significantly, indicating rising wholesale costs for businesses, while the Consumer Price Index (CPI) remained relatively steady. This divergence has sent mixed signals to
Shares of health insurance company Oscar Health (NYSE:OSCR) jumped 7.1% in the morning session after continued positive momentum as it announced a partnership to launch a new health insurance plan with grocery chain Hy-Vee.
Shares of health insurance company UnitedHealth (NYSE:UNH)
jumped 11.6% in the morning session after the company disclosed that Warren Buffett's Berkshire Hathaway had acquired a significant new stake, with news that regulators had also approved a major merger.
