ADVFN US – Market Content Editor

Shares of UnitedHealth Group (NYSE:UNH) tumbled nearly 7% in premarket trading Thursday, following a report from The Wall Street Journal that the U.S. Department of Justice is conducting a criminal investigation into the company’s Medicare billing practices. This development further deepens the challenges facing the health insurance giant, which has already been navigating a turbulent…

Petrobras (NYSE:PBR) received a bullish upgrade from Jefferies, which raised its rating on the Brazilian state-run oil giant from Hold to Buy, citing a more favorable risk-reward profile fueled by recent cost-cutting initiatives and a tighter approach to capital allocation. The reassessment follows Petrobras’ Q1 2025 earnings, where management emphasized a strategic shift toward operational…

Major American retailers such as Walmart (NYSE:WMT) and a range of apparel brands are racing to replenish their inventories with goods made in China, as they prepare for the critical summer shopping season kicking off in late May. The urgency follows a temporary easing of tariffs between the U.S. and China, bringing rates down from…

The Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits came in unchanged in the week ended May 10th The report said initial jobless claims came in at 229,000 last week, unchanged from the previous week’s revised level. Economists had expected jobless claims to tick up to 229,000 from the…

Here are the top five losers by percentage on the Nasdaq before the market opened. Healthcare Triangle Inc (NASDAQ:HCTI)Healthcare Triangle Inc is a healthcare information technology company focused on advancing innovative industry-transforming solutions in the sectors of cloud services, data science, and professional and managed services for the healthcare and life sciences industry. Price: 0.038Percentage…

Here are the top five gainers by percentage on the Nasdaq before the market opened. Clik Holdings Ltd (NASDAQ:CLIK)Click Holdings is a human resources solutions provider, specializing in offering comprehensive human resources solutions in three principal sectors, namely (i) professional solution services, (ii) nursing solution services, and (iii) logistics and other solution services. Price: 1.01Percentage…

Stellantis (NYSE:STLA) announced Thursday that it will shift production of Maserati vehicles from the Mirafiori plant in Turin back to the brand’s birthplace in Modena by the end of the year. The move brings Maserati closer to its historic roots in Modena, a city with deep ties to Italy’s luxury automotive heritage. Maserati has been…

Crude oil prices plummeted Thursday as optimism surrounding a potential U.S.-Iran nuclear agreement raised expectations of increased global supply. Brent crude slipped by more than $2, falling below $64 per barrel, while global stock markets took a breather following weeks of steady gains. The decline in oil came amid comments from former President Donald Trump,…

Tesla (NASDAQ:TSLA) and several major tech companies, commonly known as the “Magnificent Seven,” experienced declines in premarket trading on Thursday, signaling a dip in investor confidence following a recent upswing. U.S. stock futures also moved lower, reflecting a pullback in risk-taking after a strong rally in tech shares last week, which had been driven in…