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Medigen Vaccine Biologics Corporation (6547.TWO)

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-1.95

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At close: January 16 at 1:30:22 PM GMT+8

Big Tech execs going to Trump's inauguration is a 'good sign': Mark Penn

Big Tech executives are courting President-elect Donald Trump ahead of his return to the White House as Tesla (TSLA) CEO Elon Musk has emerged as a significant figure in Trump's administration. Stagwell CEO Mark Penn joins Market Domination Overtime to share his take on Musk's role for Trump's second term and Trump's evolving relationship with Big Tech companies. "I think it's super interesting that Elon Musk has really agreed to participate in a serious way in the administration and that the other kind of major tech executives are coming out," Penn says. "The financial innovation of the country is driven in large part by these companies and these incredible executives of these companies. So, it is a good sign, I think, that they're coming out well for this inauguration." Penn expects tech companies will "get back to more open platforms ... [un]involved in government-related censorship" during Trump's second term. When asked if Big Tech executives cozying up to Trump could be a defensive move, Penn says he views Trump's biggest policy priority that affects these companies as "overseas manufacturing breaks" with the main focus on China. Watch the video above to hear Penn's thoughts on Musk's emergence as a GOP political leader and more. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. This post was written by Naomi Buchanan.

Yahoo Finance Video 15 minutes ago

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GOOG

TSLA
Symbotic inks deal to acquire Walmart's robotics arm. Stock jumps.

AI-powered warehouse operator Symbotic (SYM) is set to acquire Walmart's (WMT) robotics business in a deal valued at over $500 million. Julie Hyman and Josh Lipton expand more upon the details of this deal and the value this poses for Symbotic as its stock climbs nearly 20% on the news. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. This post was written by Luke Carberry Mogan.

Yahoo Finance Video 4 hours ago

WMT

SYM
United Health Group CEO addresses public outrage over claims denials in Q4 earnings

UnitedHealth reported its first earnings since the murder of its insurance executive last month.

Yahoo Finance 6 hours ago

UNH
UnitedHealth misses Q4 revenue forecast, medical cost challenges

UnitedHealth Group (UNH) reported weaker-than-expected fourth quarter revenue due to weakness in its health insurance unit and soaring medical costs. Morning Brief hosts Brad Smith and Seana Smith discuss the company’s underperformance, while also citing challenges it has faced in the wake of UnitedHealthcare CEO Brian Thompson's assassination on December 4, 2024; the stock price has fallen by nearly $100 since then. Despite this, UnitedHealth remains committed to bettering healthcare accessibility and anticipates growth in 2025. Follow Yahoo Finance's recent reporting on the US healthcare system and the health insurance industry's reaction to Thompson's killing: The healthcare 'barriers' that made this fmr. insurance exec. walk awayBipartisan lawmakers appear 'aligned' on PBM, insurance reformHealthcare concerns rise as insurers deny patient claimsUnitedHealth Group CEO calls healthcare system 'flawed' in NYT letterHealth insurance industry 'laying low' in aftermath of UnitedHealthcare CEO shootingUS has a 'sickcare system,' not a healthcare system: Anomaly CEOHow to fix the health insurance industry everybody seems to hateUnitedHealthcare exec shooting is 'a wake-up call for the industry': Oscar Health CEOUS healthcare industry 'is now broken,' Oscar Health CEO explains To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Josh Lynch

Yahoo Finance Video 9 hours ago

UNH
Retail sales, Big Bank earnings, Bessent hearing: 3 Things

US stock futures (ES=F, NQ=F, YM=F) pull back from this morning's session highs as Wall Street digests weekly jobs claims data and December's retail sales, which missed estimates of 0.6% and rose by only 0.4% month-over-month. Earnings season keeps on rolling for the financials sector, with major banks Morgan Stanley (MS) and Bank of America (BAC) reporting their fourth quarter results Thursday morning. Read up on Big Bank earnings as the industry looks ahead to the incoming Trump administration in the latest Morning Brief column. Lastly, President-elect Donald Trump's nominee for secretary of the US Department of the Treasury, Scott Bessent, will be heading to Capitol Hill today to face questioning by lawmakers as part of his confirmation hearing. Senator Elizabeth Warren (D-Ma.) has reportedly prepped over 180 questions for Bessent ahead of Bessent's confirmation vote. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Luke Carberry Mogan.

Yahoo Finance Video 10 hours ago

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Why Rivian Stock Topped the Market Today

One of the more high-profile electric vehicle (EV) stocks on the scene, pickup and SUV manufacturer Rivian Automotive (NASDAQ: RIVN), had a fine Thursday on the stock exchange. Investors traded the company's shares up by almost 4% on news that it had secured billions of dollars in financing from a very reliable source. Rivian divulged in a press release that it has closed a loan agreement with a division of the U.S. Department of Energy (DoE).

Motley Fool 32 minutes ago

RIVN
Why Symbotic Inc. (SYM) Is Skyrocketing

We recently compiled a list of the 10 Firms Shine Amid Wall Street’s Lackluster Trading. In this article, we are going to take a look at where Symbotic Inc. (NASDAQ:SYM) stands against the other stocks. A lackluster trading persisted throughout Thursday, with Wall Street’s main indices ending the day with only marginal changes. The Dow Jones […]

Insider Monkey 38 minutes ago

SYM

WMT
Why Rumble Inc. (RUM) Is Skyrocketing

We recently compiled a list of the 10 Firms Shine Amid Wall Street’s Lackluster Trading. In this article, we are going to take a look at where Rumble Inc. (NASDAQ:RUM) stands against the other stocks. A lackluster trading persisted throughout Thursday, with Wall Street’s main indices ending the day with only marginal changes. The Dow Jones […]

Insider Monkey 41 minutes ago

RUMBW
Why NextDecade Corporation (NEXT) Is Skyrocketing

We recently compiled a list of the 10 Firms Shine Amid Wall Street’s Lackluster Trading. In this article, we are going to take a look at where NextDecade Corporation (NASDAQ:NEXT) stands against the other stocks. A lackluster trading persisted throughout Thursday, with Wall Street’s main indices ending the day with only marginal changes. The Dow Jones […]

Insider Monkey 44 minutes ago

NEXT
Trump Is Making a Last-Ditch Attempt to Save TikTok. Meta and Snap Stocks Fall.

The president-elect is considering issuing an executive order to temporarily block the law that will either ban or force a sale of the app, according to a Wall Street Journal report.

Barrons.com 1 hour ago

SNAP
Okta (OKTA) Gains As Market Dips: What You Should Know

Okta (OKTA) concluded the recent trading session at $85.67, signifying a +1.75% move from its prior day's close.

Zacks 1 hour ago

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^GSPC
JB Hunt (JBHT) Reports Q4 Earnings: What Key Metrics Have to Say

While the top- and bottom-line numbers for JB Hunt (JBHT) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Zacks 1 hour ago

JBHT
J.B. Hunt’s Fourth-Quarter Revenue Falls Despite Higher Volumes

The freight-sector bellwether’s profit improved slightly even though revenue in its core intermodal business declined.

The Wall Street Journal 2 hours ago

FDS

JBHT
UnitedHealth: The 'Number One Company On Sale' Ahead Of Q4 Earnings Report

UnitedHealth Group Inc. (NYSE:UNH) is gearing up to release its fourth quarter earnings report, and investors are watching closely. Stephanie Link, CIO at Hightower Advisors LLC, has dubbed the managed care giant the “number one company on sale” ...

Benzinga 2 hours ago

UNH
US Finalizing Billions for Rivian, Plug Power Before Trump Retakes Office

(Bloomberg) -- The Biden administration finalized billions of dollars in financing for electric-vehicle maker Rivian Automotive Inc. and hydrogen company Plug Power Inc. just days before President-elect Donald Trump returns to the White House.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyNYC Commuters Get New Way to Dodge Traffic: $95 Helicopter RidesChicago Agency Pitches $1.5 Billion Plan to Fix Transit WoesWill Americans Ever Lose Their Taste for Telework?C

Bloomberg 2 hours ago

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PLUG
S&P 500 Gains and Losses Today: UnitedHealth Stock Ails as Results Fall Short

The S&P 500 slid 0.2% on Thursday, Jan. 16, 2025, losing momentum after posting solid gains driven by earnings and inflation optimism in the previous session.

Investopedia 2 hours ago

UNH

^GSPC

TXN
J.B. Hunt Q4 earnings: First look

J.B. Hunt Transport Services reported fourth-quarter results Thursday after the market closed. The post J.B. Hunt Q4 earnings: First look appeared first on FreightWaves.

FreightWaves 2 hours ago

JBHT
Magnificent Seven Stocks: Nvidia Reverses Lower; Apple, Meta, Tesla Slide

Dubbed the Magnificent Seven stocks, Apple, Microsoft, Google parent Alphabet, Amazon.com, Nvidia, Meta Platforms and Tesla lived up to their name in 2024 with solid gains. Due to their outsized market capitalizations, Magnificent Seven stocks hold a disproportionate influence on the market-cap weighted Nasdaq composite and S&P 500 indexes.

Investor's Business Daily 2 hours ago

NVDA

AAPL

TSLA
Trump Allies Eye Last-Ditch Effort to Save TikTok

Shou Chew intends to attend Trump’s inauguration, as the president-elect’s advisers consider options to delay a ban of the popular video app.

The Wall Street Journal 2 hours ago

META

AAPL

AMZN
Rivian, DOE Finalize Loan Agreement for Georgia Manufacturing Site

Rivian said it closed a loan agreement with the U.S. Department of Energy for up to $6.6 billion to support construction of a new manufacturing facility in Georgia.

The Wall Street Journal 2 hours ago

RIVN

Performance Overview

Return	6547.TWO	TSEC CAPITALIZATION WEIGHTED ST
YTD	+28.13%	-0.71%
1-Year	-30.61%	+31.22%
3-Year	-72.54%	+25.11%

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Related News

Big Tech execs going to Trump's inauguration is a 'good sign': Mark Penn

Symbotic inks deal to acquire Walmart's robotics arm. Stock jumps.

United Health Group CEO addresses public outrage over claims denials in Q4 earnings

UnitedHealth misses Q4 revenue forecast, medical cost challenges

Retail sales, Big Bank earnings, Bessent hearing: 3 Things

Why Rivian Stock Topped the Market Today

Why Symbotic Inc. (SYM) Is Skyrocketing

Why Rumble Inc. (RUM) Is Skyrocketing

Why NextDecade Corporation (NEXT) Is Skyrocketing

Trump Is Making a Last-Ditch Attempt to Save TikTok. Meta and Snap Stocks Fall.

Okta (OKTA) Gains As Market Dips: What You Should Know

JB Hunt (JBHT) Reports Q4 Earnings: What Key Metrics Have to Say

J.B. Hunt’s Fourth-Quarter Revenue Falls Despite Higher Volumes

UnitedHealth: The 'Number One Company On Sale' Ahead Of Q4 Earnings Report

US Finalizing Billions for Rivian, Plug Power Before Trump Retakes Office

S&P 500 Gains and Losses Today: UnitedHealth Stock Ails as Results Fall Short

J.B. Hunt Q4 earnings: First look

Magnificent Seven Stocks: Nvidia Reverses Lower; Apple, Meta, Tesla Slide

Trump Allies Eye Last-Ditch Effort to Save TikTok

Rivian, DOE Finalize Loan Agreement for Georgia Manufacturing Site

Performance Overview