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Humana surges after emerging as top beneficiary of 2027 Medicare star ratings

Humana surges after emerging as top beneficiary of 2027 Medicare star ratings

Oct 9 (Reuters) - Humana's shares rose 15% in premarket trading on Friday after analysts said the health insurer is the biggest beneficiary of the new star ratings for 2027 Medicare Advantage plans.
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Wall St futures gain as oil slips; telecoms pressured by SpaceX spectrum deal

Wall St futures gain as oil slips; telecoms pressured by SpaceX spectrum deal

Oct 9 (Reuters) - US stock index futures edged higher on Friday as oil prices retreated on easing Middle East supply concerns, though telecom shares remained under pressure after SpaceX's spectrum acquisition raised competitive concerns across the sector. 
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Nvidia-backed Iambic Therapeutics launches IPO as biotechs buck market gloom

Nvidia-backed Iambic Therapeutics launches IPO as biotechs buck market gloom

By Manya Saini and Niket Nishant Oct 8 (Reuters) - Nvidia-backed Iambic Therapeutics, which uses AI to develop drugs, is aiming to raise up to $159.4 million in its US IPO, as the biotech sector emerges as a bright spot in an otherwise lackluster market.
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Wall St set to fall at open as yields and oil rebound; Fed minutes in focus

Wall St set to fall at open as yields and oil rebound; Fed minutes in focus

By Tharuniyaa Lakshmi and Shashwat Chauhan Oct 7 (Reuters) - Wall Street's main indexes were set for a lower open on Wednesday as Treasury yields and oil prices rose again, keeping investors cautious as they awaited the minutes of the Federal Reserve's September meeting. 
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US 10-year Treasury yield risks hitting 6% for first time since 2000, Pimco's Ivascyn tells FT

US 10-year Treasury yield risks hitting 6% for first time since 2000, Pimco's Ivascyn tells FT

Oct 9 (Reuters) - The benchmark 10-year US Treasury yield could rise to 6% for the first time since 2000 as high oil prices fuel inflation concerns and worries over the country's growing public debt, Dan Ivascyn, Chief Investment Officer at bond fund manager Pimco, told the Financial Times.
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Wall St futures fall as yields and oil rebound; Fed minutes in focus

Wall St futures fall as yields and oil rebound; Fed minutes in focus

By Tharuniyaa Lakshmi and Shashwat Chauhan Oct 7 (Reuters) - Wall Street futures slipped on Wednesday as Treasury yields and oil prices rose again, keeping investors cautious as they awaited the minutes of the Federal Reserve's September meeting. 
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OpenAI's September annualized revenue nears $50 billion, less than previously indicated, source says

OpenAI's September annualized revenue nears $50 billion, less than previously indicated, source says

By Jaspreet Singh and Krystal Hu Oct 8 (Reuters) - OpenAI has told investors its annualized revenue for September was almost $50 billion, a drop from what it signaled earlier, a person familiar with the matter told Reuters on Thursday.
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Factbox-High-profile IPO listings that fell victim to market jitters in 2026

Factbox-High-profile IPO listings that fell victim to market jitters in 2026

Oct 9 (Reuters) - A string of high-profile IPOs have been abandoned, delayed or reworked in 2026 as investors demanded greater valuation discipline, testing hopes for a sustained revival in global equity capital markets.
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Corona beer maker Constellation Brands tops second-quarter estimates on resilient demand

Corona beer maker Constellation Brands tops second-quarter estimates on resilient demand

Oct 6 (Reuters) - Constellation Brands beat second-quarter estimates for profit and sales on Tuesday, as resilient demand for its beer such as Modelo Especial and Victoria helped offset challenges facing the alcohol industry in a soft spending environment.
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S&P 500, Nasdaq on track for record closing highs as focus turns to earnings

S&P 500, Nasdaq on track for record closing highs as focus turns to earnings

By Stephen Culp and Tharuniyaa Lakshmi NEW YORK, Oct 6 (Reuters) - Wall Street rallied on Tuesday as crude prices steadied and US Treasury yields eased, offering some reprieve from concerns that have preoccupied investors in recent weeks, and allowing markets to turn their attention to the
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Most Americans support switch to Medicare for all health insurance

Most Americans support switch to Medicare for all health insurance

By Amina Niasse NEW YORK, Oct 6 (Reuters) - Most Americans now favor government-paid health insurance for all, according to a new poll, as voters across party lines see major healthcare reforms as a priority less than a month before midterm elections to decide control of the US Congress.
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Mattel shares slip as investor urges strategic review

Mattel shares slip as investor urges strategic review

By Neil J Kanatt Oct 6 (Reuters) - Mattel's shares fell about 3% on Tuesday after investor Ariel Investments urged the toymaker to explore strategic alternatives, including a sale, merger or major asset divestiture.