On Monday, BrightSpring Health Services Inc BTSG agreed to sell its Community Living business, ResCare Community Living, to Sevita for $835 million in cash.The deal, set to close in 2025, aligns with BrightSpring’s strategic focus on enhancing its core services, including home health, hospice, primary care, rehabilitation, and pharmacy solutions.After the divestiture, the company expects to realize additional operational efficiencies across the BrightSpring platform, with a more synergistic overall portfoli ...

U.S. stocks traded higher midway through trading, with the Dow Jones index gaining over 450 points on Tuesday.The Dow traded up 1.07% to 43,951.84 while the NASDAQ rose 0.71% to 19,770.38. The S&P 500 also rose, gaining, 0.85% to 6,047.41.Check This Out: Top 4 Health Care Stocks You May Want To Dump In Q1Leading and Lagging SectorsUtilities shares surged by 1.6% on Tuesday.In trading on Tuesday, energy shares fell by 0.6%.Top HeadlineD.R. Horton, Inc. DHI reported better-than-expected first-quarter results. ...

WASHINGTON, DC - JANUARY 20: Apple CEO Tim Cook (C) sits next to Donald Trump Jr at the inaugural ... [+] luncheon on January 20, 2025 in Washington, DC. Donald Trump takes office for his second term as the 47th president of the United States. (Photo by Kevin Dietsch/Getty Images)Getty ImagesIn China, Apple’s second largest market, iPhone sales fell 18.2% in the December ending quarter, according to Bloomberg. Apple’s stock price fell 4.4% on the news and prompted analyst downgrades, according to TipRanks.T ...

President Donald Trump’s social-media stock is dropping in his first hours back in office.  Shares of Trump Media & Technology Group (DJT), which owns the Truth Social platform, were recently down 10% at about $36. They’ve mostly fallen since touching January highs above $40 and pre-election highs above $50, though they’re up for the year and well above lows they touched earlier in the fall.  The latest moves come as traders seek to position themselves for the start of a new administration. Since Trump’s r ...

Company Performance and Market Sentiment - Intel shares rose 2 5% to around $22 in early-afternoon trading Tuesday following a 12% surge last week [2][3] - The stock has lost more than half its value over the past 12 months due to investor skepticism about its ability to capture a greater share of the AI chip market [3] - A bullish engulfing pattern formed on the chart near the early-September low, signaling a potential double bottom [4][10] Strategic Updates and Deal Rumors - Intel plans to spin off its venture fund as a standalone entity while remaining an investor to improve business efficiency [2] - Sentiment was further boosted by rumors that Intel might be a takeover target [2] Technical Analysis and Key Price Levels - Follow-through buying could push Intel shares to around $25, near resistance levels from October 2022 and February 2023 troughs [6] - A decisive close above $25 may see the stock climb to $30, near a trendline connecting highs and lows from September 2022 to June 2023 [7] - More bullish price action could propel the stock to around $37, near the 200-day moving average and a horizontal line linking trading levels from June 2022 to July 2023 [8] - A key support level to track is around $19, near significant lows from September and January [9][10] Market Activity and Investor Behavior - Last week's rally occurred on the highest weekly volume since early December, indicating strong buying conviction from institutional investors and hedge funds [5]

LendingClub (NYSE: LC ) launched in 2007 as a peer-to-peer lender and one of the pioneers of the then-burgeoning fintech landscape. The company went public in 2014 and then made a major pivot in 2020, shutting down its P2P lending platformWriting about banks, fintech, mutual banks, and other financials and sectors occasionally. Interested in the growing intersection between banks and fintech companies. Have now covered banking for five years.Analyst’s Disclosure: I/we have a beneficial long position in the ...

Oracle co-founder Larry Ellison, center, watches Andy Murray of Great Britain against Alexander Zverev of Germany during their third round match on Day 9 of the BNP Paribas Open at the Indian Wells Tennis Garden on October 12, 2021 in Indian Wells, California.Oracle shares jumped 6% on Tuesday on reports that the software maker is involved in a joint venture with OpenAI and SoftBank to build artificial intelligence infrastructure in the U.S.President Donald Trump, who returned to the White House on Monday, ...

Investors might want to bet on Life Time Group Holdings, Inc. (LTH) , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook.The upward trend in estimate revisions for this company reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation ...

Range Resources (RRC) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving.The upward trend in estimate revisions for this independent oil and gas company reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earni ...

Google has reportedly been ordered by Indonesia’s antitrust agency to pay fines of 202 billion rupiah (about $12.4 million) for alleged unfair business practices.The agency found that the company abused its dominant position by threatening to remove app developers from its Google Play app store if they did not use its Google Pay Billing payment system services, Reuters reported Tuesday (Jan. 21).It also found that Google Pay Billing charged higher rates than other payment systems, with fees of up to 30%, ac ...