Midday movers: Logitech, UnitedHealth Group, Advanced Micro Devices and more

Investing.com

14 June 2023 at 8:45 am·1-min read

Investing.com -- Stocks are mixed as investors await the Federal Reserve's latest decision on interest rates and its forecasts for the economy, inflation and unemployment. Here are the market movers for June 14.

Logitech International SA (NASDAQ:LOGI) shares fell 11.5% after the electronics maker said its CEO would be leaving the company to take on another opportunity. UnitedHealth Group Incorporated (NYSE:UNH) shares were down 7% after the health care giant said older Americans were returning to the doctor for procedures they had postponed during the pandemic. Shares of other health care companies also weakened, including Humana Inc (NYSE:HUM), which fell 13%. Advanced Micro Devices Inc (NASDAQ:AMD) shares were rising 2% after it introduced a set of artificial intelligence chips. Reuters reported that Amazon's (NASDAQ:AMZN) cloud-oriented services unit was considering using AMD's AI chips. Cinemark Holdings Inc (NYSE:CNK) shares were down 6% after the theater chain operator caught a downgrade by B. Riley, which cited an uncertain outlook for film releases with the ongoing writers strike in Hollywood. SoFi Technologies Inc. (NASDAQ:SOFI) shares rose 3.9% after BTIG analysts called it a top pick in fintech. The resumption of federal student loan payments later this summer could be a catalyst for the stock.

Midday movers: Logitech, UnitedHealth Group, Advanced Micro Devices and more

US stocks drop after Fed signals more rate hikes to come

Google launches AI-powered advertiser features in push for automation

Yahoo Finance
Under Armour is collapsing — And Kevin Plank has to take the blame
The Under Armour meltdown continues.
People
Colo. Woman Allegedly Cut Murder Victim's Penis Off and Discarded It in Trash Can: Police
Shenting Guo, 32, of Grand Junction, is charged with second-degree murder, say police
The Telegraph
China is pushing. The Philippine forces are pushing back - with ship-killer missiles
For a country sharing a long and disputed maritime border with China, The Philippines was seriously lacking in military force for protecting that border.
SETHLUI.COM
11 best mee hoon kueh in Singapore that will leave you (hand)torn for choice
The post 11 best mee hoon kueh in Singapore that will leave you (hand)torn for choice appeared first on SETHLUI.com.
InStyle
Dua Lipa's Sheer Dress and Visible Thong Brought the Naked Dress Trend to the ACM Awards
Falling forever for this gown.
CBC
3 teen girls expected to plead guilty in swarming death of Kenneth Lee in Toronto, court hears
Three teenage girls are expected to plead guilty in the swarming death of Kenneth Lee near Union Station in December 2022, court heard Friday.The girls, aged 13, 13, and 14, appeared in provincial court in Toronto.Three other girls, aged 15, 16, and 16, are expected to plead not guilty, court heard. Eight teenage girls were initially charged with second-degree murder in connection with Lee's death. They range in age from 13 to 16 years old. Lee, 59, was pronounced dead in hospital on Dec. 18, af
The Telegraph
For the first time, I see why reasonable people will vote for Donald Trump
I will never forget the crushing sense of disbelief, horror and dread the night that Donald Trump won the 2016 presidential election. The bad feelings did not diminish over the course of his term in office, even as many in the same anti-woke, pro-free-speech stable as me began to caveat their objections to the buffoonish talk-show lout who was now the president of the United States.
People
“SI Swimsuit ”Model Lauren Chan 1 Year After History-Making Rookie Debut: 'I've Come Into My Own' (Exclusive)
One year after Chan's 'Sports Illustrated Swimsuit' debut, the model opened up to PEOPLE about the sources of her confidence
SETHLUI.COM
The top 10 best food neighbourhoods in Singapore, ranked by SethLui readers
The post The top 10 best food neighbourhoods in Singapore, ranked by SethLui readers appeared first on SETHLUI.com.
The Independent
Man pleads guilty over arson that killed family after misplaced revenge for an iPhone
Bui was a teenager at the time of the arson but was prosecuted as an adult
SETHLUI.COM
“The best Hokkien Mee in Singapore” reopens in Redhill after sudden closure
The post “The best Hokkien Mee in Singapore” reopens in Redhill after sudden closure appeared first on SETHLUI.com.
People
The Moment I Learned Someone Made Deepfake Porn of Me — and How I’m Fighting Back
"Justice wouldn’t be possible for me unless I changed the entire system," Breeze Liu says
INSIDER
Russia is finally getting serious about its war, and it spells trouble for Ukraine
Russian President Vladimir Putin's war machine looks different today than it did at the start of the conflict.
People
Barron Trump, 18, Graduates High School with Parents in Attendance: Photos
The Associated Press caught a glimpse of the event on Friday, which saw Donald and Melania Trump sitting front row in the audience
Futurism
China Shows Off Robot Dogs Armed With Machine Guns
Dogs With Guns A Chinese military contractor recently showed off a number of robot dogs that were carrying machine guns on their backs during the biggest-ever Chinese drill alongside Cambodian troops, as Agence France-Presse reports. The terrifying gun-toting drones were part of a massive, 15-day military exercise called "Golden Dragon" in a remote training center […]
The Telegraph
Russia’s navy has become a near laughing stock
The Russians are giving the world a maritime headache. In the High North, their uneasy teamwork with China continues. Moscow and Beijing have recently announced a “joint commission for the development of the Northern Sea Route”. Plenty of analysts, those of RUSI included, believe that this benefits Xi more than Putin, but either way, Russia’s desire to use the High North for grey-zone activities is only going to increase.
Evening Standard
Liverpool: Alexis Mac Allister 'has secret £60m release clause in contract that Real Madrid want to trigger'
The Argentine’s contract runs until 2028 but the Spanish giants are targeting a cut-price deal
People
Emma Stone Brings Fashion Drama to Cannes in Plunging Gown — But Wears Surprisingly Laid-Back Hairstyle
The actress embraced elegance on the red carpet
The Daily Beast
Tributes Pour in for CNN Commentator Alice Stewart, Dead at 58
CNN via YouTubeCNN political commentator Alice Stewart died suddenly on Saturday at the age of 58. Authorities said they discovered her body outdoors in Bellevue, Virginia, and believe Stewart suffered a medical emergency. No foul play is suspected.Stewart served as communications director for the presidential campaigns of former Gov. Mike Huckabee (R-AR), former Rep. Michele Bachmann (R-MN), Sen. Rick Santorum (R-PA), and most recently Sen. Ted Cruz (R-TX). She was hired by CNN ahead of the 201
Evening Standard
Josh Kroenke drops big transfer hint in message to Arsenal fans on final day
Gunners owners vow to keep backing team whatever the outcome

Latest stories