To The Moon

Shares of health insurance company UnitedHealth fell 22.9% in the morning session after the company reported underwhelming first-quarter 2025 results as its sales and profits fell below Wall Street expectations.The real story was the sudden rise in health care activity among seniors in its Medicare plans, which pushed costs higher and hurt profits. Some of those activities were delayed visits dating back to the COVID period. As a result, while revenue grew 10% from the previous year, costs grew faster. This reflected in the medical care ratio, which ticked up, meaning more of each dollar went to covering claims, and the company expected the ratio to increase significantly in the near term.Guidance was the biggest concern. The new full-year earnings forecast came in well below what analysts had been expecting, mainly because the company saw its care and funding issues lasting longer.Unless you’ve been living under a rock, it should be obvious by now that generative AI is going to have

Tesla is scaling down its Cybertruck production goals and transferring some workers to other production lines, Business Insider reported. Cybertruck sales have slumped amid a slew of recalls and investor concerns over the future of the EV-maker. Tesla has recently incentivized Cybertruck purchases with perks and a cheaper model.Tesla is reportedly shrinking its Cybertruck production goals amid struggles to sell the model.The EV-maker has lowered its production targets in the past few months, Business Insider reported, citing two anonymous employees. Tesla has also thinned out some Cybertruck production lines—some teams by more than half—according to four workers who spoke on the condition of anonymity with the publication. Some Cybertruck factory workers at the company’s Texas Gigafactory have reportedly been transferred to the Model Y line as of January.“It feels a lot like they're filtering people out," one employee told BI. "The parking lot keeps getting emptier.". Tesla reportedly

$UnitedHealth(UNH)$ surprised investors with what its CEO said was an "unusual and unacceptable" quarterly earnings miss, and it lowered its outlook for the full year due to higher-than-expected medic

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

The U.S. government has levied a 125% equivalent tariff on Chinese goods, further augmented by a previously imposed 20% tariff related to the fentanyl issue. This cumulative action has propelled the e

President Donald Trump called on China to reach out to him in order to kick off negotiations aimed at resolving the escalating trade fight between the world’s two largest economies.“The ball is in Chi

China has remained Malaysia’s largest trading partner for 16 consecutive years

Smartphones, laptops and equipment for chipmaking are among items exempt from China tariffs under new guidance from the government. Apple Inc. got "the best news possible" overnight, according to an analyst, as the Trump administration exempted smartphones and other consumer electronics products from tariffs.Shares of Apple and other technology companies had been weighed down by worries about Trump's steep tariffs. In Apple's case, given its heavy manufacturing footprint in China, investors feared the company would either need to raise prices on its products or sacrifice margins by holding prices steady. Apple shares had lost 11% between Trump's tariff announcement on April 2 and Friday's close.This is a familiar course for Apple, which got a break from tariffs in Trump's first administration as well."The U.S. tech industry has a loud voice and despite initial strong pushback against exemptions within the White House the reality of the situation was finally recognized," Wedbush analys

China on Friday fired back for what it said was the final time.China's finance ministry raised its tariffs on the U.S., to 125%, from 84%, as the tit-for-tat continues. The China tariffs are effective on April 12."Given that at the current tariff level, there is no market acceptance for U.S. goods exported to China, if the U.S. continues to impose tariffs on Chinese goods exported to the U.S., China will ignore it," said the finance ministry.On Thursday, the U.S. clarified that tariffs on China are 145% - 125% based on retaliatory measures and another 20% related to fentanyl.Friday saw more volatile action in financial markets. Up as much as 463 points, Dow futures recently were down 162 points, with the dollar DXY index falling below the key 100 mark.The yield on the 10-year Treasury BX:TMUBMUSD10Yrose 3 basis points.The dollar was slightly higher vs. the offshore Chinese yuan , rising to 7.3220 yuan, which is near a record high.This content was created by MarketWatch, which is opera