UnitedHealth Group (UNH) reported Q1 earnings that missed expectations, with EPS of $7.20 vs. $7.37 expected, and revenue of $109.6 billion vs. $111.55 billion expected. The company also cut its full-year EPS guidance to $26–26.50, down from a prior range of $29.50–30.00. The disappointing results were driven by revenue pressure from ongoing Medicare funding reductions and a shift in member mix, along with higher utilization of senior care services.
UNH is trading down close to 18% and contributing largely to the Dow industrial average decline of nearly 500 points.
Dow industrial average is trading down -517 points or -1.30% at 39155S&P index is trading up 10.02 points or 0.19% at 5285.NASDAQ index up 12 points or 0.08% at 16318
TSMC reported a strong Q1 with net profit of TWD 361.6 billion (beating expectations of TWD 354.6 billion), operating profit at TWD 407.1 billion, and revenue at TWD 839.3 billion, sharply higher than the TWD 592.6 billion from a year ago. Capital expenditure rose significantly to TWD 10.06 billion, up from TWD 5.77 billion.
TSMC highlighted robust AI-related demand, with revenue from AI expected to double in 2025. It’s aggressively expanding capacity, particularly in Arizona, to meet strong U.S. customer needs—including Apple. The company is advancing its CoWoS packaging capacity, expects 2nm production in Arizona, and remains on track with its N2 volume rollout in H2 2025. TSMC also dismissed any joint venture talks and continues to scale its U.S. operations, noting the need for over 1,000 engineers at its R&D center.
Share shares of TSMC are up 2.95%.
Amazon shares are down one dollar or -0.52% at $173.40. Alphabet shares are up 0.33%. Microsoft are up 0.20%.
This article was written by Greg Michalowski at www.forexlive.com. Read More Details
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