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Here Are Wednesday’s Top Wall Street Analyst Research Calls: Airbnb, Booking Holdings, Credicorp, Dutch Bros, Expedia, Hartford Financial Services, Group, Meritage Homes, Patchex, Yum! Brands, and More
24/7 Wall St.17d agoneutral
Here Are Wednesday’s Top Wall Street Analyst Research Calls: Airbnb, Booking Holdings, Credicorp, Dutch Bros, Expedia, Hartford Financial Services, Group, Meritage Homes, Patchex, Yum! Brands, and More

Pre-Market Stock Futures: Futures are trading higher as the Federal Reserve’s reckoning day has arrived. Interest rate futures tracked by CME FedWatch show a 92% chance of a 25-basis-point increase in the Fed funds rate today. That will push the funds rate to 3.75% to 4%. In addition, market watchers expect two more rate hikes […]

Oscar Health Lowers Medical Cost Outlook. Here's The Caveat.
Investor's Business Daily17d agoneutral
Oscar Health Lowers Medical Cost Outlook. Here's The Caveat.

Oscar Health raised its full-year earnings outlook while lowering its expected medical costs to cover benefits for its nearly 3 million Affordable Care Act exchange members. Oscar, which made an aggressive play to gain ACA market share, has seen enrollment surge 47% from a year ago as of June 30, even as overall enrollment has plunged due to the expiration of enhanced premium subsidies. The ACA's No. 2 insurer by membership behind Centene said that it now expects its medical loss ratio, or benefit costs as a share of premiums, to be in the 81% to 82% range, down from the prior outlook of 81.5% to 82.5%.

Palantir’s Investment Case is Very Simple Now
24/7 Wall St.17d agoneutral
Palantir’s Investment Case is Very Simple Now

Palantir's multiple looks stretched on every traditional measure, yet the earnings math is quietly doing something that could make the valuation argument obsolete before most investors notice it.

DoorDash to Acquire Wonder’s Grubhub Campus Dining Business, Invest $125M in Company
QSR17d agoneutral
DoorDash to Acquire Wonder’s Grubhub Campus Dining Business, Invest $125M in Company

DoorDash, and Wonder announced a strategic partnership. Under the agreement, DoorDash will acquire Wonder’s Grubhub Campus Dining business. In addition, DoorDash made a long-term investment in Wonder as part of its Series D round. Grubhub Campus Dining, formerly known as Tapingo, enables millions of students to order a meal from campus dining facilities and on-campus […]

Wall Street Fear Index Slips Ahead of Fed Rate Decision
Barrons.com17d agoneutral
Wall Street Fear Index Slips Ahead of Fed Rate Decision

The most widely followed gauge of market fear and uncertainty was sliding on Wednesday, suggesting investors were feeling a little calmer ahead of the Federal Reserve's interest-rate decision. The Cboe Volatility Index, or VIX, slipped 0.