meta_pixel
Tapesearch Logo
Log in
Wall Street Breakfast

Wall Street Roundup: UnitedHealth, retail, tech, and tariffs

Wall Street Breakfast

Seeking Alpha

Business, Investing, Business News, News

3.8950 Ratings

🗓️ 16 May 2025

⏱️ 22 minutes

🧾️ Download transcript

Summary

UnitedHealth and insurance inflection point (0:30). Tech names have been very headline dependent (5:55). Cisco's growth factors (10:10). Walmart set tone for upcoming retail earnings (11:10). Shopify's interesting earnings (13:20). Coinbase, S&P 500, Bitcoin (14:45). CPI biggest macro news (17:05).

Show Notes:
Can UnitedHealth turn it around?
Walmart Q1 2026 earnings call transcript
Shopify targets sustained growth
Saudi Arabia AI deals were 'bullish eye opener' for tech investors

Episode transcripts: seekingalpha.com/wsb

Sign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.

Transcript

Click on a timestamp to play from that location

0:00.0

Brian Stewart, our director of news.

0:12.0

And for those that are just checking in for the first time,

0:14.4

Brian and I do a weekly roundup every Friday morning recorded on Thursday afternoons.

0:22.7

Here we are for another week.

0:24.7

Brian, welcome back. Great to be here.

0:30.4

Summarize what we've been seen for the past week. Certainly a lot going on, I would say.

0:37.1

I was thinking we start with United Health. We had a CEO resign. Anybody that's paying attention to the world, I would say, has seen what's going on with United Health a little bit.

0:43.3

But from an investing perspective, what are you seeing from United Health?

0:47.3

Yeah, I think it's interesting to look at the stock narratively.

0:51.3

So starting with the high profile murder of its insurance group head. Moving forward

0:58.8

from there, we saw the company have earnings recently where it missed expectations. This had

1:06.8

this stock going down. And then this week, we had the abrupt departure of its CEO, Andrew

1:14.4

Witty, also withdrew guidance at that point. There were signs in there that the company was

1:19.9

suffering from higher medical care activity and higher medical costs. Basically, its insurance

1:25.8

customers are using medical services more than they

1:29.6

expected, and those services are coming at a higher price than was expected. So that's obviously

1:34.4

cutting into the bottom line. And then the final blow this week has been reports of a DOJ probe

1:41.7

from Medicare fraud by the company.

1:50.4

So the stock is down 32% over the past five days that's going into today and then down another 15% on Thursday on reports of the DOJ probe.

1:55.7

If you're looking at this from kind of a bearish philosophy, you could say this company is in tatters. It's one bad

2:05.5

news after another. If you're looking at from a bullish perspective, the CEO leaving marks kind

2:12.4

of day zero for the new United Health, and they can move forward from here. The DOJ investigation will be what it is,

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Seeking Alpha, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Seeking Alpha and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.