David Tepper’s Appaloosa cut exposure to several semiconductor stocks, but bought into one well-known ETF
The hedge fund reduced exposure to several chip names, while opening a stake Cathie Wood's tech fund. Source link
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HCA Holdings Inc
This beauty company is the most oversold S&P 500 stock
CNBC Pro screened for the most overbought and oversold names in the stock market's benchmark index. Source link
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Goldman Sachs names ‘directors’ cut’ conviction list stocks — and adds 2 names
Goldman Sachs named multiple "most differentiated buy" recommended U.S. stocks, all of which are on its conviction list. Source link
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HCA Healthcare patient data stolen and for sale by hackers
The healthcare giant claimed that no "clinical" information was breached by the hackers, a claim undercut by sample data provided
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Health insurance stocks slide after UnitedHealth warns more surgeries will drive up medical costs
Shares of UnitedHealth, Humana, Elevance Health and CVS Health all declined, while medical device manufacturers and hospital operators edged higher.
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The most overbought S&P 500 stocks include one fast food giant
CNBC Pro screened for S&P 500 stocks in overbought territory, based on their relative strength index. Source link
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China’s Covid wave drives up consumer interest in insurance after health system shortfalls
More than 60% of non-policyholders now plan to buy health insurance, according to an Oliver Wyman survey of Chinese consumers
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Stocks making the biggest moves midday: Snap, American Express, Verizon, Seagate and more
These are the stocks posting the largest moves in midday trading. Source link
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Citi names its ‘highest conviction ideas’ for the second half of 2022 — and gives one upside of 85%
Ssome companies tend to weather an inflationary environment better than competitors because they can pass on higher costs to customers.
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