Teladoc Health Inc.

Where Amazon is heading in health after the Amazon Care failure

In this photo illustration, the Amazon Basic Care logo is displayed on a smartphone with an Amazon logo in the background. Thiago Prudencio | SOPA Images | Lightrocket | Getty Images Chalk up another failure in health care for Amazon, one of the ultimate market disruptors. First, its much-hyped effort with JPMorgan and Berkshire Hathaway …

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Apple, Nvidia, Amazon, Teladoc, Nasdaq

Here are the Wednesday’s biggest calls on Wall Street: Bank of America reiterates Nvidia as buy Bank of America said it’s staying on the chipmaker bullish heading into earnings next week. “The silver lining of consumer driven down turns –such as NVDA’s current one – is they tend to be vicious but quick, to make …

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Bed Bath & Beyond, Krispy Kreme, Target and more

Scott Olson | Getty Images Check out the companies making the biggest moves midday: Target — Shares of the retailer slid more than 2% after its earnings missed Wall Street expectations by a wide margin. The company said its quarterly profit fell almost 90% from a year ago. However, Target reiterated its full-year forecast and …

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Rivian, Teladoc, Bed Bath & Beyond, Walmart

Here are Friday’s biggest calls on Wall Street: DA Davidson initiates Teladoc as buy DA Davidson said it sees upside for the telehealth company. “COVID created unprecedented tailwinds for the market, which turned into headwinds; we believe we are now at stable to growing penetration rates for telehealth, and that Teladoc is well-positioned to continue …

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Bausch Health, Meta, Comcast, Qualcomm and more

In this photo illustration, a silhouetted woman holds a smartphone with the Meta Platforms, Inc. logo displayed on the screen. Rafael Henrique | Lightrocket | Getty Images Check out the companies making headlines in midday trading. Bausch Health – Trading in the pharmaceutical company’s shares was halted after the stock dipped 50%. A Delaware federal …

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Teladoc loses $3 billion in three months, stock plummets 24%

Shares of Teladoc Health Inc. plunged more than 24% in after-hours trading Thursday after the telehealth company took another multibillion-dollar impairment charge, helping to bring its total losses for the first six months of the year up to nearly $10 billion. Teladoc TDOC, +7.59% executives disclosed a $3.0 billion goodwill impairment charge during the second …

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Cathie Wood says deflationary forces could force a Fed policy reversal

Ark Invest’s Cathie Wood said Tuesday that the Federal Reserve is making a policy mistake by raising rates aggressively to tame inflation that she believes to be short-lived. “We are getting all kinds of catalysts, a list of them … which should give the Fed a pause,” Wood said in an investor webcast. “If not …

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ARK Invest’s Cathie Wood says the US is already in a recession

Ark Invest CEO Cathie Wood said Tuesday that the US is already in an economic downturn, and she admitted that she underestimated the severity and lasting power of inflation. “We think we are in a recession,” Wood said on CNBC’s “Squawk Box” Tuesday. “We think a big problem out there is inventories… the increase of …

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Cathie Wood says market is pretty close to a bottom, tech stocks will hit trough and recover first

Ark Invest’s Cathie Wood said Tuesday technology stocks will hit the bottom before the broader market, repeating a historical trend from past crises. In the wakes of the dot-com bubble and 2008 financial crisis, the tech-heavy Nasdaq Composite hit its trough months before the S & P 500 did and therefore recovered first. The innovation-focused …

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