UnitedHealth Falls; Chip Stocks Pop; Fedex Teams Up with Amazon
On this episode of Stock Movers:- UnitedHealth Group (UNH) is lower this morning after it suspended its 2025 outlook, citing higher-than-expected medical costs for new Medicare Advantage beneficiaries, and expects to return to growth in 2026. The company also named Stephen Hemsley as its new CEO, replacing Andrew Witty, effective immediately.- Advanced Micro Devices (AMD) is getting a boost with the Trump administration preparing to announce a deal that would grant Saudi Arabia more access to advanced semiconductors, allowing the country to increase its data center capacity. - Nvidia (NVDA)…
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