Morning Movers Gapping up $GE Aerospace (GE.US)$— Shares rose over 7% after the company reported fourth-quarter results that exceeded analyst estimates. $Guidewire Software (GWRE.US)$— Shares rose over 5% in pre-market trading after Goldman Sachs initiated coverage with a buy rating, highlighting the company as a leader in cloud modernization for the property and casualty insurance sector. $Knight-Swift Transportation (KNX.US)$– Shares rose 5%...
$S&P 500 Index (.SPX.US)$ended Thursday down slightly, less than 0.1%, after a mixed session. Health insurers dragged the index down, while AI chip stocks surged. Here's a breakdown: Health Insurers: Shares fell as$Elevance Health (ELV.US)$missed quarterly profit estimates, citing declining Medicaid enrollments. Elevance dropped 10.6%, dragging down Molina Healthcare (down 12.6%) and Centene (down 9.1%). $The Travelers Companies (TRV.US)$: Despite ...
What happens later? The September jobs report, expected later today, will provide a clearer view of the U.S. labor market and is likely to be a key driver for markets, even amid geopolitical tensions and rising oil prices. Unemployment down-> More Jobs-> reflecting economic resilience rather than high inflation. With the unemployment rate slowly increasing, solid job growth would suggest the economy is avoiding a recession.$CBOE Volatility S&P 500 Index (.VIX.US)$$ProShares Ultra VIX Short-Term Futures ETF (UVXY.US)$may shoot...
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Gapping up
$GE Aerospace (GE.US)$ — Shares rose over 7% after the company reported fourth-quarter results that exceeded analyst estimates.
$Guidewire Software (GWRE.US)$ — Shares rose over 5% in pre-market trading after Goldman Sachs initiated coverage with a buy rating, highlighting the company as a leader in cloud modernization for the property and casualty insurance sector.
$Knight-Swift Transportation (KNX.US)$ – Shares rose 5%...
EVL, totally the opposite
$Union Pacific (UNP.US)$
$Elevance Health (ELV.US)$
Health Insurers: Shares fell as $Elevance Health (ELV.US)$ missed quarterly profit estimates, citing declining Medicaid enrollments. Elevance dropped 10.6%, dragging down Molina Healthcare (down 12.6%) and Centene (down 9.1%).
$The Travelers Companies (TRV.US)$: Despite ...
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