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CVS Still Sees 'High-Trend' Cost Growth; Oscar, UNH Stock Fall
Investor's Business Daily16d agobearish
CVS Still Sees 'High-Trend' Cost Growth; Oscar, UNH Stock Fall

CVS Health noted a continuation of "high-trend" medical cost growth at a Wells Fargo investor conference on Wednesday, helping to put a spring in the step of hospital stocks including HCA Healthcare, while souring the mood of managed care investors. Shares of CVS stock came away relatively unscathed, while UnitedHealth slipped and Oscar Health stumbled. CVS management's comments about medical cost trends were brief and vague, while Wells Fargo conference presentations by HCA and Universal Health Services didn't appear to provide updates to Q3 trends since Q2 earnings calls.

Northrop Grumman (NOC) Just Won Another Missile-Defense Contract. Why Does the Stock Still Trade at a Discount?
Insider Monkey16d agobearish
Northrop Grumman (NOC) Just Won Another Missile-Defense Contract. Why Does the Stock Still Trade at a Discount?

Wall Street has bid up defense contractors on geopolitical tensions alongside expanded missile-defense funding, but Northrop Grumman Corporation (NYSE:NOC) remains an outlier. On September 4, 2026, the company secured a $508.5 million Missile Defense Agency contract for ICBM and IRBM target flight-test support running through 2035. The non-competitive contract follows the $3 billion (approx.) in […]

Why Bruker (BRKR) Stock Is Falling Today
StockStory16d agobearish
Why Bruker (BRKR) Stock Is Falling Today

Shares of scientific instrument company Bruker (NASDAQ:BRKR) fell 6.3% in the afternoon session after UBS initiated coverage on the stock with a Neutral rating and a $65 price target.

SpaceX Falls More Than 4% as 319 Million Shares Unlock
Benzinga Prediction Markets16d agobearish
SpaceX Falls More Than 4% as 319 Million Shares Unlock

Space Exploration Technologies Corp. (NASDAQ:SPCX) shares fell more than 4% Wednesday as up to 319 million previously locked-up shares became eligible for sale, more than erasing the stock’s gain a day earlier. The release is the latest stage of SpaceX’s...

Why Lululemon (LULU) Shares Are Falling Today
StockStory16d agobearish
Why Lululemon (LULU) Shares Are Falling Today

Shares of athletic apparel retailer Lululemon (NASDAQ:LULU) fell 4% in the afternoon session after BMO Capital Markets analyst Kelly Crago initiated coverage with an Underperform rating and a $70 price target. According to TipRanks, Crago flagged weakening demand in the Americas and China and pressure on Lululemon’s premium margins, and she is forecasting fiscal 2027 earnings well below Wall Street consensus. The $70 target implied roughly 32% downside from the prior close and sits below the bro

Investing.com16d agobearish
Comcast drops 7% on persistent broadband losses and ’irrational’ fiber pricing

Investing.com -- Comcast Corporation (NASDAQ: CMCSA) shares dropped 7% on Wednesday following cautionary remarks at the Goldman Sachs Communacopia + Technology Conference regarding persistent challenges in its broadband division. Charter Communications shares also fell 5% amid the broader sector sell-off. Speaking at the conference, Comcast Chief Financial Officer Jason Armstrong stated that fiber broadband pricing has grown "irrational," and the company expects no improvement in third-quarter b

Why Affirm (AFRM) Shares Are Falling Today
StockStory16d agobearish
Why Affirm (AFRM) Shares Are Falling Today

Shares of buy now, pay later company Affirm (NASDAQ:AFRM) fell 4.7% in the afternoon session after Loop Capital Markets analyst Reginald Smith initiated coverage with a Buy rating and a $105 price target, even as consumer fintech shares traded lower. According to TipRanks, Loop Capital launched coverage on September 8 with that $105 Buy, favoring Affirm over SoFi, which the firm rated Hold. TipRanks shows a Strong Buy consensus and an average target of about $100.46, so the Loop mark is in line