Molina Healthcare Plunges on Weak 2026 Profit Outlook
Molina Healthcare shares drop 29% after forecasting 2026 earnings at $5/share vs. Wall Street's $13.71 estimate, while exiting Medicare Part D amid rising medical costs.
Molina Healthcare shares drop 29% after forecasting 2026 earnings at $5/share vs. Wall Street's $13.71 estimate, while exiting Medicare Part D amid rising medical costs.
Peloton shares jumped after investor Eric Jackson announced he’s long the stock. He called it cheap on strong free cash flow and highlighted insider confidence.
Citigroup dismissed as "baseless speculation" a Bloomberg report that it is considering buying a U.S. regional bank. The bank says it remains focused on organic growth and completing its turnaround under CEO Jane Fraser.
US appeals court overturns $16.1 billion judgment against Argentina in the YPF nationalization lawsuit. A major victory for President Milei that clears the path for Argentina’s return to international markets.