Shares of server solutions provider Super Micro (NASDAQ:SMCI) jumped 15.8% in the afternoon session after Raymond James analysts initiated coverage of the stock with a Buy rating and a price target of $41. The analysts called out SMCI's leadership in "AI-optimized infrastructure," noting that artificial-intelligence platforms represented approximately 70% of the company's sales.
As CEO for more than a decade, Stephen Hemsley built up UnitedHealth Group now a $400 billion healthcare behemoth. With his return to the top job, the company will learn whether his playbook still works. Hemsley, 72, is back in the chief executive’s chair after seven years as chairman, and UnitedHealth is in a more vulnerable position than it has been since he started his first CEO stint in 2006, in the shadow of a stock-options-backdating scandal that helped lead to the ouster of his predecessor.
While the equity market (^DJI, ^IXIC, ^GSPC) and Big Tech stocks react to the latest US-China tariff news and April's Consumer Price Index (CPI) data, this strategist has his eye on one Magnificent Seven stock in particular. Catalysts anchor Madison Mills is joined by guest host and Prairie Operating Co.'s Lou Basenese discusses why Alphabet (GOOG, GOOGL) is most likely to have a "breakout solo career" from the rest of the Mag Seven pack, which he compares to a "boy band that's breaking up." To watch more expert insights and analysis on the latest market action, check out more Catalysts here.
(Bloomberg) -- The Trump administration plans to overhaul regulations on the export of semiconductors used in artificial intelligence, tossing out a Biden-era approach that had drawn strenuous objections from US allies and companies including Nvidia Corp. and Oracle Corp.Most Read from BloombergAs Coastline Erodes, One California City Considers ‘Retreat Now’A New Central Park Amenity, Tailored to Its East Harlem NeighborsWhat’s Behind the Rise in Serious Injuries on New York City’s Streets?Lawsu
In true UnitedHealth fashion, the big health insurance stock was denying the Dow of a daily gain on Tuesday. The Dow was down 160 points, or 0.4%, but UnitedHealth stock was shaving 382 points off the index on its own with a nearly 17% drop. UnitedHealth is regularly a thorn in the Dow’s side due to the index’s antiquated weighting by stock price rather than market cap.
Archer Aviation released its Q1 earnings, revealing a solid balance sheet. Archer announced a partnership with the artificial intelligence (AI)-powered data analytics company Palantir. Shares of Archer Aviation (NYSE: ACHR) are surging on Tuesday.
Market Domination co-host Julie Hyman tracks today's top moving stocks and biggest market stories, including the S&P 500 (^GSPC) being on pace to turn positive in 2025, erasing previous losses. UnitedHealth Group (UNH) drags the Dow Jones Industrial (^DJI) as the stock falls after the health insurer suspended its 2025 forecast and its CEO suddenly stepped down. Meanwhile, FedEx (FDX) and Amazon (AMZN) strike a deal on large package deliveries, marking a shift after years of competition. Chevron (CVX) gets downgraded by HSBC from Buy to Hold over slowing stock buybacks. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.
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