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Category: general

Humana Reports $195 Million Profit As Costs Land Within Expectations

The post Humana Reports $195 Millicom. Humana Wednesday reported $195 million in third quarter profits as the health insurer’s medical cost trends were in line with the company’s earlier forecasts. In this photo is Humana signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, July 30, 2025. Photographer: Michael Nagle/Bloomberg © 2025 Bloomberg Finance LP Humana Wednesday reported $195 million in third quarter profits as the health insurer’s medical cost trends were in line with the company’s earlier forecasts. Like most of its rivals in the health insurance industry, Humana has been seeing higher costs, particularly in its Medicare Advantage plans, which are a big share of Humana’s business. Medicare Advantage plans contract with the federal government to provide extra benefits and services to seniors, such as disease management and nurse help hotlines with some also offering vision, dental care and wellness programs. In Humana’s case, the company exited certain “unprofitable” plans and counties. “Our 3Q25 insurance segment benefit ratio of 91. 1% is in line with our guidance of ‘just above 91%’” Humana said in prepared management remarks released along with the company’s third quarter quarter earnings report. The benefit expense ratio, which is the percentage of premium revenue that goes toward medical costs, was 91. 1.% compared to 89. 9 percent in the third quarter of last year. Still, Humana’s net income fell to $195 million, or $1. 62 per share, compared to $480 million, or $3. 98 a share in the year ago quarter. Revenue rose to $32. 6 billion, compared to $29. 4 billion in the year-ago period. Given the less volatile cost trends the industry has been facing over the last year or so, Humana said it is reaffirming its full year 2025 Adjusted (earnings per share) outlook of ‘approximately $17. 00’ and insurance segment benefit ratio guidance of 90. 1% to.

Don’t panic over tech, AI stocks selloff, analysts dismiss fears

The post Don’t panic over tech, AI stocks selloff, analysts dismiss fears appeared com. There was a clear change in mood across world markets on Wednesday as tech stocks experienced sharp declines from record highs, and some stretched valuations. Until this week, traders had been happy to overlook warnings, rising prices and doubts about whether the most popular companies had justified the surge in their share prices. Now, the drop has forced investors to reflect on whether the gains had gone too far and too fast. However, even with some large names losing billions in value in a matter of hours, most heavyweight fund managers insisted this was not a full-blown crisis moment, but more of a short wobble after a long winning streak. Experts still favor AI and tech stocks Shares across Asia were sold down for the second day in a row and indices in Seoul and Tokyo were roughly 5% below earlier highs logged only on Tuesday morning. Nasdaq futures were also weaker, even after the US benchmark had already fallen 2% the day before. The names taking the biggest hit were the same stocks that had ridden the boom on the way up. Nvidia, which only a year or two ago was little known outside specialist circles, has since become the most valuable company on the planet due to the AI rush. The company slid nearly 4% on Tuesday, and was around 7% below last month’s top. Palantir, another strong favourite during the boom, fell almost 8% on the day and then slipped a further 3% in after-hours trade. Some managers blamed timing, with the year-end window in sight, there is little incentive to let paper gains reverse if the market begins to swing the wrong way. One investor in Hong Kong said this was more about locking in profits than abandoning AI. Another in Sydney said he was.

Blake Snell’s wife Haeley gives major shoutout to Mookie Betts’ spouse Brianna for hosting glamorous World Series after-party

The Los Angeles Dodgers celebrated their back-to-back World Series victory in style with fans flocking the streets of downtown LA for the official parade on Monday.

CNN’s Van Jones among those raising alarm at Mamdani’s instant ‘character switch’ after winning power

Jones was quick to note live on CNN that the 34-year-old’s triumphant demeanor was a far cry from the cool, calm and collected candidate seen on the campaign trail.

This ‘genius’ suitcase is influencer-approved for every holiday type – and it’s now available in a chic pink

The Nere Venture suitcase has hundreds of five-star reviews, with savvy travellers saying it “looks and feels stunning”. Here’s why you want it.

MVP, Powerhouse Hobbs, and others react after major AEW star reveals devastating news amid absence

MVP, Powerhouse Hobbs, Shane Taylor, Kevin Knight and other AEW stars recently shared their reactions after a major star shared some devastating news.