Brian Thompson, CEO of UnitedHealthcare.Courtesy: UnitedHealth GroupA New York state man was arrested Wednesday for allegedly leaving threatening voicemails for the widow of UnitedHealthcare CEO Brian Thompson, hours after he was fatally shot on a Manhattan sidewalk in December.The man, Shane Daley, left Paulette Thompson profanity-laced voicemails calling her husband a “f—— capitalist pig” and declaring he died because he was “profiting off the backs of poor Americans,” according to a criminal complaint in Albany federal court charging Daley with cyberstalking.”This s— is gonna keep happening to you f—— p—–,” Daley, 40, warned Paulette in one of three voicemails he…
Author: usaeverydaylife
Cisco CEO Chuck Robbins speaks at the Business Roundtable CEO Workforce Forum in Washington on June 17, 2025.Al Drago | Bloomberg | Getty ImagesCIsco reported results on Wednesday that narrowly exceeded analysts’ expectations and issued quarterly guidance that was also better than expected. The stock slipped in extended trading.Here’s how the company did in comparison with LSEG consensus:Earnings per share: 99 cents adjusted vs. 98 cents expectedRevenue: $14.67 billion vs. $14.62 billion expectedRevenue increased 7.6% year over year in the quarter, which ended on July 26, according to a statement. Net income rose to $2.82 billion, or 71 cents per…
Shares of crypto exchange Bullish rocketed Wednesday after the company raised about $1.1 billion in an initial public offering.The stock opened at $90 on the New York Stock Exchange, 143% above its IPO price of $37. At one point, it rose as high as $118. It closed with a more than 83% gain at $68.The company priced its IPO early Wednesday far above this week’s expected range of $32 to $33 and an initial range last week of between $28 and $31, valuing the company at some $5.4 billion before trading began.Stock Chart IconStock chart iconBullish (BLSH) more than doubles its…
(PRO Views are exclusive to PRO subscribers, giving them insight on the news of the day direct from a real investing pro. See the full discussion above.) As this stock market is ripping to records, Capital Wealth Planning’s Kevin Simpson is keeping his cool, scooping up some value picks that will benefit as the rally broadens out, while deploying his tried-and-true options strategy to generate income. He’s also playing along with one bull market leader — Meta — which he still puts in the value category despite its 33% gain this year. I spoke with Simpson, whose Morningstar five-star rated…
Groceries are seen at a Walmart supermarket in Houston, Texas, on May 15, 2025.Ronaldo Schemidt | AFP | Getty ImagesAs tariffs spark worries of higher prices, Walmart is dangling more discounts for its own employees.The largest private U.S. employer said Wednesday that it will offer a 10% employee discount on nearly all groceries, including milk, meat and frozen food. That discount previously applied to fresh produce and most general merchandise items, such as clothing and toys, but only to other food during the holiday season.In a memo to employees obtained by CNBC, Walmart’s chief people officer, Donna Morris, said the…
Richard Kim, a former Goldman Sachs and JPMorgan Chase executive, was indicted on securities and wire fraud charges related to his alleged misappropriation of about $4 million in investor funds for his start-up online casino company, most of which he allegedly lost within a week through gambling on another site, prosecutors said Wednesday.Investors who lost money in Kim’s scheme included Galaxy Digital, where he had been a venture fund investor for six years, court filings show.The case against Kim again relates to his company Zero Edge, which the 39-year-old New York resident announced after leaving Galaxy Digital in March 2024,…
Warren Buffett’s Berkshire Hathaway has been building a secret stock position with special confidential treatment for two quarters in a row. The mystery name could be revealed Thursday when the conglomerate releases its 13F filing. Berkshire’s second-quarter earnings report showed a $2.8 billion increase in cost basis to “commercial, industrial and other” equities, after a rise in the same category in the first quarter. It’s most likely that Berkshire has been accumulating the same stock, now worth about $4.7 billion. The Omaha-based conglomerate could keep the pick under wraps for another quarter. The confidential treatment allows Berkshire to quietly build…
The so-called “big, beautiful” budget bill made headlines for, among other things, introducing a new type of investing account that parents could open on behalf of children under 18.For U.S. citizens born from 2025 through 2028, the government will seed the portfolios, which have come to be known as Trump accounts, with an initial contribution of $1,000.It’s easy to see why the accounts took the spotlight — free money is free money. But if you’re a parent looking to save money for your child’s education in particular, the bill also quietly made an investment vehicle designed for that purpose more flexible.When…
Check out the companies making the biggest moves midday: Paramount Skydance — The media giant popped more than 31%, putting it on track for its best day ever. It wasn’t clear what drove the surge. H & R Block — The tax preparation company posted fiscal fourth-quarter earnings of $2.27 per share, higher than the year-ago earnings of $1.89 per share. Revenue of $1.11 billion was 5% above the $1.06 billion it posted one year prior. However, those numbers underwhelmed investors, who sent the stock down 4%. Hillenbrand — Shares gained more than 13% after Bloomberg, citing people familiar with…
As we know, large-cap growth and technology have been breaking out from various bullish patterns over the last few months, with many now pushing to new all-time highs and extending from there. However, two key market ETFs have yet to break through their own long-term bullish patterns — ironically, they are the iShares Russell 2000 ETF (IWM) and the SPDR Dow Jones Industrial Average ETF Trust (DIA) . It’s rare to see two areas on opposite ends of the market-cap spectrum looking this similar. Typically, one area leads while the other lags, allowing for rotation between them. Here, we could…
