Wall Street experienced varied outcomes with indexes rising due to gains in Meta and Tesla, despite setbacks for Microsoft and Cigna. Meta rose after surpassing revenue estimates, while Tesla remains ...
Shares of Cigna Group slid after the health insurer warned that higher health-care costs in one insurance unit weighed on profitability. Insurers saw profit margins soar in the pandemic as insurees ...
Cigna’s quarterly earnings fell well short of Wall Street’s expectations, as high healthcare costs hurt results in a segment of its insurance business. The company, parent of a pharmacy-benefit ...