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Elevance Shares Dive After Insurer Faces 'Unprecedented' Medicaid Challenge
The company’s earnings missed expectations, the latest sign of how medical expenses are squeezing insurers’ government businesses.Business - The Wall Street Journal - October 17 -
Netflix rose 11% after third-quarter earnings beat
Netflix saw momentum in its ad-supported membership tier, which surged 35% quarter over quarter.Business - CNBC - October 18 -
Kenvue shares surge after activist Starboard takes stake
Starboard Value has amassed a significant stake in Kenvue, which spun out of Johnson & Johnson in mid-2023.Business - CNBC - October 21 -
Kelce shares ominous message to Kittle after 49ers vs. Chiefs
Chiefs tight end Travis Kelce shared an ominous one-liner to 49ers tight end George Kittle after Kansas City defeated San Francisco on Sunday at Levi's Stadium.Sports - Yahoo Sports - October 22 -
Starbucks shares slide after coffee chain says sales fell again, suspends outlook
The company's same-store sales slid for the third consecutive quarter, fueled by a 10% tumble in traffic to its North American stores.Business - CNBC - October 23 -
Starbucks Shares Drop After Dismal Preliminary Quarterly Earnings
“We need to fundamentally change our strategy,” the coffee giant’s new chief executive said.Business - The New York Times - October 23