HealthEquity reported a 19% increase in revenue for the fourth quarter, exceeding analyst expectations, but missed earnings estimates due to higher-than-expected costs associated with cybersecurity fraud prevention and reimbursements. The company remains optimistic about its future prospects, with analysts citing the strength of its HSA business and potential for higher cash yields in the coming years.
Stephanie Link, Chief Investment Strategist at Hightower Advisors, shared her insights on key stocks, highlighting Amazon's growing dominance, Palo Alto Networks' cybersecurity potential, Target's recovery efforts, and NextEra Energy's valuation opportunity. Link also named Boeing her top 2025 stock and remains bullish on Palo Alto, Gap, Target, and Snowflake.
ProAssurance Corp (PRA) will be acquired by The Doctors Company for $25 per share in cash, representing a 60% premium to ProAssurance's closing stock price on Tuesday. The deal is expected to close in the first half of 2026 and will result in ProAssurance becoming a wholly-owned subsidiary of The Doctors Company.
Apollo Global Management has agreed to acquire a majority stake in OEG Energy Group, a provider of offshore energy solutions, for over $1 billion. The deal is expected to close in the second quarter of 2025 and will see Apollo invest in OEG's future growth as demand for services supporting energy production and renewable power increases.
A senior developer, after being replaced by a cheaper worker despite his dedication to a startup, embraced the "overemployed" lifestyle, vowing never to rely on a single job again. This experience resonated with many online, highlighting the harsh reality of corporate loyalty and the growing trend of "overemployment" as a means of securing financial stability.