Francesca Fontana
👤 PersonAppearances Over Time
Podcast Appearances
So, we saw Amazon shares surge roughly 8% on Monday, and on the week the stock gained 6.5%. Then there was Boeing, which rose on the news that China was scrapping an earlier ban on Boeing's airplanes.
So, we saw Amazon shares surge roughly 8% on Monday, and on the week the stock gained 6.5%. Then there was Boeing, which rose on the news that China was scrapping an earlier ban on Boeing's airplanes.
The government last month told Chinese carriers that they had to seek additional approval before taking delivery of Boeing aircraft that they had already ordered, so in effect halting deliveries to one of Boeing's biggest markets.
The government last month told Chinese carriers that they had to seek additional approval before taking delivery of Boeing aircraft that they had already ordered, so in effect halting deliveries to one of Boeing's biggest markets.
Plus, later in the week, the White House announced that Qatar Airways would buy up to 210 Boeing aircraft, one of several business deals that the president noted during his trip to the Middle East. Boeing shares gained 2.5 percent on Tuesday and rose 5.6 percent on the week.
Plus, later in the week, the White House announced that Qatar Airways would buy up to 210 Boeing aircraft, one of several business deals that the president noted during his trip to the Middle East. Boeing shares gained 2.5 percent on Tuesday and rose 5.6 percent on the week.
And then there was Nike, which relies on Vietnam, Indonesia, and China for its products and was hit hard last month when the tariffs were announced. It climbed 7.3% on Monday and notched a weekly gain of more than 8%. Now, back to UnitedHealth, the healthcare conglomerate and parent of insurance provider UnitedHealthcare. It's had a rough year, and it had a bad week this week.
And then there was Nike, which relies on Vietnam, Indonesia, and China for its products and was hit hard last month when the tariffs were announced. It climbed 7.3% on Monday and notched a weekly gain of more than 8%. Now, back to UnitedHealth, the healthcare conglomerate and parent of insurance provider UnitedHealthcare. It's had a rough year, and it had a bad week this week.
On Tuesday, UnitedHealth suspended its 2025 earnings outlook and announced the sudden resignation of Chief Executive Andrew Witte, and the stock dropped a whopping 18%. But that wasn't all. The Wall Street Journal reported that the Justice Department is investigating the company for possible criminal Medicare fraud.
On Tuesday, UnitedHealth suspended its 2025 earnings outlook and announced the sudden resignation of Chief Executive Andrew Witte, and the stock dropped a whopping 18%. But that wasn't all. The Wall Street Journal reported that the Justice Department is investigating the company for possible criminal Medicare fraud.
And that's along with the other government probes into UnitedHealth, including antitrust investigations and a civil investigation of its Medicare billing practices that the journal first reported in February. UnitedHealth said it hadn't been notified by the Justice Department of the Criminal Investigation, and it stands by the integrity of its Medicare Advantage program.
And that's along with the other government probes into UnitedHealth, including antitrust investigations and a civil investigation of its Medicare billing practices that the journal first reported in February. UnitedHealth said it hadn't been notified by the Justice Department of the Criminal Investigation, and it stands by the integrity of its Medicare Advantage program.
86.
86.
86%. That is how much that shares of sneaker seller Foot Locker gained on Thursday, thanks to Dick's Sporting Goods, the big box retailer, buying the company for roughly $2.4 billion. If you'll pardon the pun, Foot Locker has been on pretty shaky footing, and its shares have slumped this year on Trump's tariffs. So Foot Locker jumped 86% on Thursday and ended the week with a gain of 98%.
86%. That is how much that shares of sneaker seller Foot Locker gained on Thursday, thanks to Dick's Sporting Goods, the big box retailer, buying the company for roughly $2.4 billion. If you'll pardon the pun, Foot Locker has been on pretty shaky footing, and its shares have slumped this year on Trump's tariffs. So Foot Locker jumped 86% on Thursday and ended the week with a gain of 98%.
How did DigShares do? Well, they didn't make quite so extreme a move and not quite in the same direction, dropping 15% on Thursday. And now you know what's news in markets this week. You can read about more stocks that moved on the week's news in The Score, my column in the Wall Street Journal's Exchange section.
How did DigShares do? Well, they didn't make quite so extreme a move and not quite in the same direction, dropping 15% on Thursday. And now you know what's news in markets this week. You can read about more stocks that moved on the week's news in The Score, my column in the Wall Street Journal's Exchange section.
Today's show was produced by Zoe Kolkin and Anthony Bansi with supervising producer Talia Arbel. I'm Francesca Fontana. Have a great weekend.
Today's show was produced by Zoe Kolkin and Anthony Bansi with supervising producer Talia Arbel. I'm Francesca Fontana. Have a great weekend.