UnitedHealth shares plunge 19% after slashing profit forecast on soaring medicare costs – Times of India

UnitedHealth shares plunge 19% after slashing profit forecast on soaring medicare costs – Times of India

UnitedHealth Group (UNH) stock tumbled 19% Thursday after the company drastically cut its 2025 earnings forecast, citing significantly higher-than-expected medical costs tied to a surge in demand for outpatient and physician services within its Medicare Advantage plans.The insurer now expects adjusted earnings per share to fall between $26 and $26.50, well below its earlier guidance…

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S&P 500 edges up as tech steadies; Dow sinks nearly 500 points amid UnitedHealth scrutiny – Times of India

S&P 500 edges up as tech steadies; Dow sinks nearly 500 points amid UnitedHealth scrutiny – Times of India

US stocks opened mixed as investors cautiously returned to tech and growth stocks, while healthcare weighed heavily on the broader market as global financial markets remained volatile on Thursday.Investors assessed a mix of corporate earnings, central bank signals, and geopolitical developments. While some sectors showed signs of recovery, others continued to feel pressure amid persistent…

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