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Showing posts with the label UnitedHealth Group

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Market Daily Report: Bursa Malaysia Ends Nearly Flat As Construction Stocks Attract Buying

 KUALA LUMPUR, Sept 8 (Bernama) -- Bursa Malaysia closed almost flat on Tuesday as buying interest rotated away from index heavyweights towards smaller-cap construction stocks, with sentiment affected by geopolitical uncertainty, said an analyst. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 0.39 of a point to 1,714.40 from Monday’s close of 1,714.79. The benchmark index opened 1.65 points lower at 1,713.14 and moved between 1,710.44 and 1,714.50 throughout the trading session. The broader market was almost evenly balanced, with decliners leading gainers 548 to 546, while 598 counters were unchanged, 1,107 were untraded and 25 were suspended. Turnover expanded to 4.13 billion units valued at RM3.14 billion from 3.60 billion units valued at RM2.45 billion on Monday.

Buffett Makes Bold Bet on UnitedHealth, Dumps T-Mobile

Warren Buffett’s Berkshire Hathaway  has taken a fresh $1.6B position in  UnitedHealth Group (UNH) , snapping up  5 million shares  in Q2 2025, according to SEC filings. The disclosure sent  UNH  shares surging  up to 9.6% in post-market trading . The move comes despite UnitedHealth navigating turbulence — from rising medical costs to leadership shakeups, including a CEO replacement and plans for a new CFO. The health insurer also reported its first earnings miss in over a decade earlier this year. Portfolio shake-up highlights : Exit : Sold entire $1B stake in  T-Mobile US (TMUS) . Apple (AAPL) : Trimmed by 20M shares, still Berkshire’s largest holding despite a $9.2B value drop in Q2. Bank of America (BAC) : Cut stake by 26M shares to ~8%. Kraft Heinz (KHC) : No change, despite earlier $3.8B impairment charge. Homebuilders : Added  Lennar (LEN) , reduced  D.R. Horton (DHI) . Steel : Boosted stake in  Nucor (NUE) . The filing also ...