Oscar Health, Inc. 2024 First Quarter Conference Call

Yahoo Finance AU
ATO ramps up data checks to ‘protect honest people and businesses’
The ATO has expanded its data-matching programs and can use it to pick up people doing the wrong thing.
Yahoo Finance AU
David Koch's 'sad, bad and gloomy' money survival guide
Australia's economic outlook isn't as hellish as you might think, but it's not heavenly either.
GOBankingRates
If You Invested $20,000 in These Companies 20 Years Ago, You Would Be a Millionaire Now
Making a million dollars is no easy task if you're starting from scratch. It's going to take some combination of time, luck and work. Sometimes, though, if you're starting with some money, you can let...
Yahoo Finance
Nvidia stock pops 9%, tops $1,000 after earnings beat forecasts, announces stock split and dividend hike
Nvidia reported its fiscal first quarter earnings after the bell on Wednesday, beating analysts' expectations on the top and bottom lines while raising its dividend and announcing a 10-for-1 stock split.
CNN Business
Dow falls more than 600 points, notching worst day of the year
The Dow tumbled by more than 600 points Thursday, notching its worst day of 2024, as all three major indexes closed lower. The drop came even after AI-darling Nvidia delivered stellar quarterly earnings and announced a 10-for-1 stock split.
Yahoo Finance AU
Powerball $150m draw: Financial advisor's hit list of things you could do with the winnings
James Wrigley said one section in particular will ensure the money will last for 'generations'.
NCA NewsWire
Fresh rate cut fears send ASX lower
Booking a four-day losing streak, the sharemarket fell to close out the week after investors were rattled by hotter-than-expected services and manufacturing data.
Yahoo Finance Video
S&P 500, Nasdaq open higher on Nvidia Q1 earnings bump
The S&P 500 (^GSPC) and the Nasdaq Composite (^IXIC) are grooving to the tune of Nvidia's (NVDA) fiscal first-quarter earnings beat reported after the market close on Wednesday. The Nasdaq is in the green, seeing gains as high as 190 points at Thursday's market open. The Dow Jones Industrial Average (^DJI) is the standalone index laggard this morning. Morning Brief Anchors Seana Smith and Brad Smith examine the bump that the broader market is getting from the chip giant's overwhelmingly positive earnings print. Catch Yahoo Finance's interview with Nvidia CEO Jensen Huang here. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
Yahoo Finance AU
3 words mortgage holders need to know to secure ‘instant relief’
With mortgage stress reaching levels not seen since 2008, Nicole Pedersen-McKinnon reveals how you can go months without making repayments.
Bloomberg
DuPont Plans Three-Way Split in Return to CEO’s Playbook
(Bloomberg) -- DuPont de Nemours Inc. plans to break up — again.Most Read from BloombergNvidia Stock Surges as Sales Forecast Delivers on AI HopesHarvard Students Walk Out of Commencement Protesting SuspensionsIsrael to Restart Gaza Talks After Hostage Video Sparks OutrageCiti Trader Got 711 Warning Messages Before Sparking Flash CrashStocks Join Bonds in Falling as Fed-Cut Bets Wane: Markets WrapThe company will separate its electronics and water units through tax-free transactions, forming a t
StockStory
Snowflake (NYSE:SNOW) Beats Q1 Sales Targets, Stock Soars
Data warehouse-as-a-service Snowflake (NYSE:SNOW) announced better-than-expected results in Q1 CY2024, with revenue up 32.9% year on year to $828.7 million. It made a non-GAAP profit of $0.14 per share, down from its profit of $0.15 per share in the same quarter last year.
Yahoo Finance Video
The best software AI plays: Analyst
RBC Capital Markets Software Equity Analyst Rishi Jaluria and Macquarie Head of US AI and Software Research Frederick Havemeyer join Market Domination to discuss the best AI plays outside major tech companies and chipmakers. Havemeyer says that cybersecurity companies will benefit from the AI race and points particularly to CrowdStrike (CRWD). "While they're not selling generative AI themselves, we think that the advent of generative AI is making it much easier for attackers to exploit a lot of things," he explains. He says that CrowdStrike is well positioned to defend against those attacks.  Jaluria points to Zoom (ZM) as an "underappreciated AI play," as it uses the technology as a tool to aid salespeople or HR representatives in analyzing behaviors. "I think about those use cases, maybe even verticalizing them for the Contact Center, where Contact Center Zoom has been getting a great amount of success," he explains. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Melanie Riehl
Associated Press Finance
Abrupt shutdown of financial middleman Synapse has frozen thousands of Americans' deposits
The bank accounts of tens of thousands of U.S. businesses and consumers have been frozen in the aftermath of the abrupt shutdown and bankruptcy of financial technology company Synapse, which acts as a middleman between financial technology companies and banks. Synapse filed for Chapter 11 bankruptcy protection in April and has shut down its services to some of its fintech or bank partners, including Evolve Bank & Trust. Because Evolve is a bank and is required to comply with banking laws, it has to make sure all customer deposits are accounted for to the penny, which may take time.
Simply Wall St.
Alvotech First Quarter 2024 Earnings: US$0.89 loss per share (vs US$1.24 loss in 1Q 2023)
Alvotech ( NASDAQ:ALVO ) First Quarter 2024 Results Key Financial Results Revenue: US$36.9m (up 132% from 1Q 2023). Net...
Reuters
Boeing sees free cash burn in 2024 as deliveries remain sluggish
(Reuters) -Boeing will burn rather than generate cash in 2024 and deliveries will not increase in the second quarter, the company's finance chief said on Thursday, as the U.S. planemaker grapples with a crisis that is pinching production of its strongest-selling aircraft. CFO Brian West told the Wolfe Research Global Transportation and Industrials Conference that he expects Boeing's full-year free cash flow to be negative, due partly to the delays in deliveries, compared with March's outlook for positive cash generation in the low single-digit billions. The remarks on the negative cash flow caused Boeing's shares to fall 7.6% to close at $172.21 on Thursday.
Bloomberg
Nvidia Stock Surges as Sales Forecast Delivers on AI Hopes
(Bloomberg) -- Shares of Nvidia Corp., the chipmaker at the center of an artificial intelligence boom, surged on Thursday after a bullish sales forecast showed that AI computing spending remains strong.Most Read from BloombergNvidia Stock Surges as Sales Forecast Delivers on AI HopesSpaceX Weighs Plan to Sell Shares at $200 Billion ValuationSingapore Air Changes Seatbelt Rules After Fatal TurbulenceHarvard Students Walk Out of Commencement Protesting SuspensionsNikki Haley Shows Us Who She Reall
Bloomberg
Wall Street Targets Bad Governance in Sri Lanka With Bond Deal
(Bloomberg) -- Nishan de Mel is a bit obsessed with debt crises. Primarily because de Mel, an Oxford-trained economist, has long suspected that the underlying cause is often bad governance. So when his native Sri Lanka fell into an economic disaster of its own a couple years ago, he decided to pore through decades of data to put his theory to the test.Most Read from BloombergThese Flight Routes Suffer the World’s Worst TurbulenceCiti Trader Got 711 Warning Messages Before Sparking Flash CrashOne
Simply Wall St.
Top Japanese Growth Companies With High Insider Ownership In May 2024
Despite some economic challenges, Japanese equities have shown resilience, with the Nikkei 225 Index gaining 1.5% recently. This backdrop provides a compelling context to explore growth companies in Japan, particularly those with high insider ownership which can indicate confidence from those closest to the company's operations and potential.
Simply Wall St.
Unveiling US Growth Companies With High Insider Ownership In May 2024
As of May 2024, the U.S. market is experiencing a notable uplift, buoyed by strong earnings from tech giants like Nvidia, which has sparked optimism and driven gains across various sectors. This positive momentum underscores the importance of robust corporate governance and strategic insider investments, particularly in growth-oriented companies with high insider ownership. In the current climate where technological advancements and economic policies play pivotal roles in shaping market...
Bloomberg
Snowflake Projects Strong Growth With Focus on AI Products
(Bloomberg) -- Snowflake Inc. gave a sales outlook for the current quarter that beat estimates, suggesting that new artificial intelligence-oriented products can help accelerate growth. Most Read from BloombergNvidia Stock Surges as Sales Forecast Delivers on AI HopesSpaceX Weighs Plan to Sell Shares at $200 Billion ValuationSingapore Air Changes Seatbelt Rules After Fatal TurbulenceHarvard Students Walk Out of Commencement Protesting SuspensionsNikki Haley Shows Us Who She Really Is: a CowardPr

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Oscar Health, Inc. 2024 First Quarter Conference Call

Latest stories

ATO ramps up data checks to ‘protect honest people and businesses’

David Koch's 'sad, bad and gloomy' money survival guide

If You Invested $20,000 in These Companies 20 Years Ago, You Would Be a Millionaire Now

Nvidia stock pops 9%, tops $1,000 after earnings beat forecasts, announces stock split and dividend hike

Dow falls more than 600 points, notching worst day of the year

Powerball $150m draw: Financial advisor's hit list of things you could do with the winnings

Fresh rate cut fears send ASX lower

S&P 500, Nasdaq open higher on Nvidia Q1 earnings bump

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DuPont Plans Three-Way Split in Return to CEO’s Playbook

Snowflake (NYSE:SNOW) Beats Q1 Sales Targets, Stock Soars

The best software AI plays: Analyst

Abrupt shutdown of financial middleman Synapse has frozen thousands of Americans' deposits

Alvotech First Quarter 2024 Earnings: US$0.89 loss per share (vs US$1.24 loss in 1Q 2023)

Boeing sees free cash burn in 2024 as deliveries remain sluggish

Nvidia Stock Surges as Sales Forecast Delivers on AI Hopes

Wall Street Targets Bad Governance in Sri Lanka With Bond Deal

Top Japanese Growth Companies With High Insider Ownership In May 2024

Unveiling US Growth Companies With High Insider Ownership In May 2024

Snowflake Projects Strong Growth With Focus on AI Products