SOTS 2nd Hour: Consumer Strength, “Insane” AI Chip Demand and Campbell’s Soup Meets Hoops 10/17/24
Squawk on the Street
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Health Insurance Challenges and Market Trends
This chapter analyzes the recent struggles of Elevance Health amid rising medical costs and a shift in Medicaid membership, leading to a notable drop in stock value. It also explores the broader implications for competitors and touches on positive earnings in the tech sector, particularly from chip manufacturers.
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