Alignment Healthcare CEO and founder John Kao has taken on the additional role of chairman as the company strengthens its management team during a period of growth in its Medicare Advantage business. The company recently reported profitability and a lower medical benefit ratio of 88%, outperforming rivals who face rising medical costs. Alignment is also expanding its leadership with new appointments, including a vice chairman and executives with extensive healthcare experience. The company’s market value is growing, and it will soon join the S&P SmallCap 600 index, signaling confidence in its future performance.
Eramet SA disclosed the total number of shares and voting rights as of May 31, 2026. The company has 28,755,047 shares, with theoretical voting rights totaling 49,497,051 and exercisable voting rights at 49,411,630 after accounting for private voting...
Micron Technology CEO Sanjay Mehrotra sold nearly $36 million worth of company stock last week, offloading 37,439 shares at an average price of $960.38 each. This sale was part of a pre-arranged trading plan and reduces his direct holdings by about 8...
The global mobile forensics market is projected to grow from $5.72 billion in 2026 to $9.99 billion by 2031, at an 11.8% CAGR. Growth is fueled by increasing mobile ecosystem complexity, widespread use of encrypted apps, and demand for integrated for...
Costco's stock increased by about 2% following strong May sales results, with net sales up 14.5% year-over-year to $24.01 billion. U.S. comparable sales rose 13.7%, and digitally enabled sales jumped 21.1%, highlighting the company's growing e-commer...
Space stocks are sharply down this week, with Redwire, Momentus, and Rocket Lab falling over 20% due to SpaceX's reduced IPO valuation and a failed short squeeze on Virgin Galactic. SpaceX set its IPO price at $135 per share, valuing the company at $...
