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Here's the Medicaid stock 4 Congress members suspiciously dumped before funding cuts
Finbold· 2025-07-06 10:51
Core Insights - Centene Corporation experienced a significant stock decline of nearly 40% on July 2 after withdrawing its full-year guidance, attributing the drop to challenges in its Medicaid and Affordable Care Act (ACA) businesses [1][8] - The company's stock closed at $33.31, marking a 38% decrease over the past week [1] Group 1: Stock Performance and Legislative Context - Four U.S. House members sold Centene shares between May 12 and May 30, prior to the company's warning and the passage of the One Big Beautiful Bill Act (OBBBA), which cuts Medicaid funding by $1 trillion over the next decade [3][4] - The OBBBA, passed on July 3, imposes stricter Medicaid work requirements and eligibility checks, potentially removing 10 to 12 million Americans from coverage by 2034 [8] - The timing of congressional stock trades has raised concerns about potential insider trading, given the direct impact of legislation on Centene [9] Group 2: Financial Impact and Market Conditions - Centene disclosed that enrollment and cost trends would reduce earnings by $2.75 per share [8] - The company is facing challenges as healthier enrollees are dropping coverage following the rollback of pandemic-era benefits, resulting in fewer, higher-cost members and squeezing earnings [9] - Critics of the OBBBA warn that it could severely impact low-income families and rural healthcare providers, while supporters argue it will help reduce fraud and abuse [8]
X @Bloomberg
Bloomberg· 2025-07-05 13:56
Tropical Storm Chantal has formed off the southeast US coast, with tropical storm warnings issued for portions of the Carolinas https://t.co/gVrykIJuA6 ...
X @CNN Breaking News
CNN Breaking News· 2025-07-05 12:55
Tropical Storm Chantal forms off the Southeastern US coast, putting parts of North and South Carolina under a tropical storm warning.https://t.co/ndN0SYWmHB ...
X @CNN
CNN· 2025-07-04 19:54
Chances have increased for a tropical storm to form off the southeastern US coast over the July 4th weekend, the National Hurricane Center sayshttps://t.co/QgxwWtAsqP ...
X @The Wall Street Journal
In the age of Ozempic, women are downsizing their breast implants and seeking surgeries that offer subtle enhancement: “We all want little perky boobs” https://t.co/0VtWZ4YY7r ...
Small cuts with big impact in surgery | Nicole Basa | TEDxLeander High School
TEDx Talks· 2025-07-03 15:13
What if I asked you to take 3/4 of the stomach, which is the size of a football, through a hole smaller than a dime. You would think I'm crazy. Have I lost my mind.What What am I talking about. Am I a magician. Am I pulling like a rabbit out of a hat or something like that.And that's actually what I thought 25 years ago when I started surgical residency. At that time you did a lot of surgeries with open abdominal incisions. You did laparottoies for traumas. You did laparottoies for emergency surgery to save ...
ETF experts on a theme-picker’s market
CNBC Television· 2025-07-01 14:36
Tom Lee, Fundstrat Capital’s CIO & Portfolio Manager and Dave Nadig, Independent ETF Expert, sit down with CNBC’s Dominic Chu to discuss how the idea of a “stock picker’s market” is now being placed by could be called a “theme picker’s market.” ...
X @Bloomberg
Bloomberg· 2025-07-01 14:25
Switzerland’s financial watchdog has stepped up pressure on trading platform Swissquote to do more to curb suspicious activity amid a surge in attempted fraud and hacks https://t.co/zfP5Jt4NAy ...
If You Are Bullish On The Semiconductor Industry, You Should Love Ichor Holdings
Seeking Alpha· 2025-06-30 03:53
Core Insights - The article highlights the investment strategies of Paul Franke, a seasoned investor with 39 years of trading experience, emphasizing his contrarian stock selection style and the development of a system called "Victory Formation" for identifying stocks based on supply/demand imbalances [1] Group 1: Investment Strategies - Paul Franke suggests using a diversified approach by owning at least 50 well-positioned stocks to achieve regular stock market outperformance [1] - The "Bottom Fishing Club" articles focus on deep value candidates or stocks that are experiencing a significant reversal in technical momentum [1] - The "Volume Breakout Report" articles discuss positive trend changes supported by strong price and volume trading action [1] Group 2: Performance and Recognition - Franke was consistently ranked among the top investment advisors nationally during the 1990s and was recognized for his stock market and commodity macro views [1] - He achieved a top ranking in the Motley Fool® CAPS stock picking contest during parts of 2008 and 2009, out of over 60,000 portfolios [1] - As of June 2025, he was ranked in the Top 4% of bloggers by TipRanks® for 12-month stock picking performance based on suggestions made over the last decade [1]
X @The Economist
The Economist· 2025-06-29 14:52
Manosphere Terminology - The manosphere uses specific terms like "incels" (involuntary celibates) and "PUA" (Pick-Up Artists) [1] - The manosphere frequently references the concepts of the "blue pill" and the "red pill" [1]