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Powell, Sterling, Vertiv, Nextpower, and Hubbell Shares Are Falling, What You Need To Know
StockStory38d agobearish
Powell, Sterling, Vertiv, Nextpower, and Hubbell Shares Are Falling, What You Need To Know

A number of stocks fell in the morning session after the latest industrial production report showed slower-than-expected growth for July. Data from the Federal Reserve indicated that U.S. industrial production rose by 0.2%, which was half of the 0.4% increase that analysts polled by The Wall Street Journal had anticipated. While this marked the second consecutive month of growth, it represented a slowdown from the previous month's revised figures. Manufacturing output also saw a modest 0.2% incr

UnitedHealth Group (UNH) Hit With Investor Lawsuit Over Governance And Cybersecurity Claims
Simply Wall St.38d agobearish
UnitedHealth Group (UNH) Hit With Investor Lawsuit Over Governance And Cybersecurity Claims

UnitedHealth Group (NYSE:UNH) is facing a major investor lawsuit alleging longstanding corporate governance and cybersecurity failures tied to its Change Healthcare acquisition. The complaint claims oversight gaps at UnitedHealth contributed to what plaintiffs describe as the largest healthcare data breach in U.S. history. Investors argue that weaknesses in internal controls and board level risk management left sensitive patient and claims data exposed. The case raises fresh questions for...

Bond Traders Are Hedging Risk Fed Pivots to Rate Cuts in 2027
Bloomberg38d agobearish
Bond Traders Are Hedging Risk Fed Pivots to Rate Cuts in 2027

Bond traders are changing gears again. After a raft of data helped all but price out interest rate hikes for the rest of the year, wagers in the options market are looking to hedge the risk that the Federal Reserve pivots to cutting rates in 2027.

Nasdaq Tumbles as Chip Stocks Hit a Wall
Barrons.com38d agobearish
Nasdaq Tumbles as Chip Stocks Hit a Wall

The Dow Jones Industrial Average fell 116 points, or 0.2%. The Nasdaq Composite fell 1.3%. A majority of Dow stocks actually closed higher, but shares of firms linked to the artificial intelligence trade weighed down the index.

Carvana Stock Falls Amid Concerns About Walter Probe
The Wall Street Journal38d agobearish
Carvana Stock Falls Amid Concerns About Walter Probe

Shares of Carvana dropped about 6.3% Tuesday as worries swirl that a federal investigation into one of its investors, Mark Walter, could lead to the billionaire selling his stake of the used car retailer.