Elevance Beats Estimates, Raises Forecast on Low Medical Costs


by Bloomberg

Bloomberg— Elevance Health Inc. reported first-quarter adjusted earnings that beat Wall Street estimates and raised its outlook for the year as medical...

Bloomberg—Cigna Beats Estimates, Raises Outlook On Low Medical Costs. Cigna Group beat expectations for first-quarter earnings and raised its outlook for the year on lower medical costs and a fast-growing...

CNBC—Pfizer beats revenue estimates, raises profit outlook on cost cuts and strong non-Covid sales. The results come as Pfizer tries to regain its footing after the rapid decline of its Covid business.

Yahoo Finance—Qualcomm forecast beats estimates as AI revives smartphone market. Qualcomm on Wednesday forecast fiscal third-quarter sales and adjusted profit above Wall Street expectations, driven by a faster-than-expected recovery in smartphone markets thanks to artificial-intelligence features. The company has also branched out into selling chips for cars and devices such as headphones, which in the second quarter helped it beat Wall Street expectations. The company said its sales to Chinese smartphone makers have grown 40% in the first half of its fiscal year, a sign...