MARKET

UnitedHealth’s stock can soar 40% as antitrust concerns are overblown, BofA says
- By West virginia digital
- . March 7, 2024
Shares of UnitedHealth Group Inc. rallied Thursday after a ringing endorsement from BofA Securities analyst Kevin Fischbeck, who said investor

Reddit IPO offers ‘unprecedented’ twist in meme-stock saga, says Firstrade
- By West virginia digital
- . March 7, 2024
Reddit played an important part in the meme-stock frenzy, but could become a meme stock in its own right. Source

DWAC says Delaware court has cleared path for March 22 vote on merger with Trump’s social-media company
- By West virginia digital
- . March 7, 2024
Digital World Acquisition Corp., the special-purpose acquisition corporation that’s seeking to merge with Trump Media and Technology Group, former President

Mortgage rates edge down. Home buyers are seizing the moment — while it lasts.
- By West virginia digital
- . March 7, 2024
The 30-year mortgage rate is averaging at 6.88% Freddie Mac said in its latest weekly survey on Thursday. Source link

Kroger is ‘committed’ to defending the Albertsons merger, and stock surges
- By West virginia digital
- . March 7, 2024
Kroger’s stock leaped toward a near two-year high Thursday, after the grocery chain reported quarterly profit and same-store sales that

Micron’s stock gets new buy call as it’s deemed another chip-sector play on AI
- By West virginia digital
- . March 7, 2024
Stifel cheers roughly 25% upside as Micron makes a bigger push with high-bandwidth memory and sees DRAM supply tighten. Source

Housing sentiment is at the highest level in nearly two years, Fannie Mae says, because of home sellers
- By West virginia digital
- . March 7, 2024
The Fannie Mae Home Purchase Sentiment Index rose for the third month in a row in February, the organization said.

GE’s stock extends weekly rally as GE Aerospace sets $15 billion buyback plan
- By West virginia digital
- . March 7, 2024
The stock is on pace for the longest such streak since the nine-week streak that ended Feb. 18, 2011. Source

Novo Nordisk stock hits new record as it advances oral weight-loss drug
- By West virginia digital
- . March 7, 2024
Novo Nordisk’s stock hit a fresh record high as the Danish drugmaker held a capital-market day, presenting the next-generation of

Nikkei 225 slides, yen surges on Japanese wage growth acceleration
- By West virginia digital
- . March 7, 2024
The Nikkei 225 fell below 40,000 and the yen surged after data showing accelerating wgae growth in Japan, boosting the