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☆ Teladoc CEO departs the company after stock's 95% fall from 2021 highs
▼ + stars: | 2024-04-05 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +2 min

Teladoc Health on Friday announced the sudden departure of CEO Jason Gorevic, who is leaving his role as head of the company effective immediately, according to a release . "We thank Jason for his many achievements and contributions during the 15 years he led Teladoc Health. We wish him success in his future endeavors," David Snow Jr., Teladoc board chair, said in the release. Teladoc is a virtual health care company that offers telehealth appointments with doctors, therapists and specialists. Teladoc's board reaffirmed that the company is on track to meet its guidance for the first quarter and full year.

Persons: Mala Murthy, Jason Gorevic, Jason, Teladoc, David Snow Jr, Gorevic, Murthy, she's, Teladoc's Organizations: Teladoc, CNBC, American Express, PepsiCo

☆ Jim Cramer says buy this data center equipment firm despite its weak guidance
▼ + stars: | 2024-02-21 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +1 min

Vertiv Holdings : The data center equipment maker, whose shares have roughly quadrupled over the past year, issued guidance that didn't live up to Wall Street's lofty expectations. "Data center still strong. Teladoc Health : Shares tumbled 24% after the telehealth provider's quarterly revenue missed estimates and offered soft guidance. Bausch + Lomb : Shares jumped more than 8% after the Canadian eye-care company delivered a better-than-expected quarter alongside an upbeat sales forecast. SolarEdge Technologies : While the solar company's quarterly loss was smaller than anticipated, its current quarter guidance was weak, sending the stock sliding more than 15%.

Persons: Jim Cramer, Jim, Bausch, they've, Brent Saunders, SolarEdge Organizations: Vertiv Holdings, Teladoc, SolarEdge Technologies

☆ 4 of our stocks report earnings next week. Here's what we want to see from each
▼ + stars: | 2024-02-17 | by ( Zev Fima | ) www.cnbc.com time to read: +9 min

A hotter-than-expected consumer price index on Tuesday sent stocks reeling, with the Dow posting its biggest drop in a year. Stocks bounced back over the next two days, helped by a softer retail sales report , only to slump again on Friday's hot producer price index for January. As we said this week, we're not overly concerned with the hotter-than-expected inflationary readings. Earnings season picks back up for the Club next week, with four holdings set to report quarterly results. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Wall, Stocks, we're, Palo, Fortinet, BCH's Bausch, Management doesn't, Dana, Bausch, Dr Pepper, Diana Shipping, Jim Cramer's, Jim Cramer, Jim, Jensen Huang, Walid Berrazeg Organizations: Dow Jones Industrial, Nasdaq, Dow, Federal Reserve, Club, Palo Alto, Palo, billings, Nvidia, Amazon, Microsoft, Bausch Health, Coterra Energy, Management, NYSE, Walmart, Axsome Therapeutics, Barclays Bank, Armstrong World Industries, Ceragon Networks, Tri Pointe Homes, Dana Incorporated, DigitalBridge, Oil States International, Systems, Allegion, CenterPoint Energy, Equitrans Midstream Corporation, Expeditors International of Washington, Alto Networks, SolarEdge Technologies, Enovix Corporation, Caesars Entertainment, Diamondback Energy, Toll, Ternium S.A, Celanese Corp, Chesapeake Energy, CVR Energy, Reserve, Vertiv Holdings Co, Properties Trust, Devices, HSBC Holdings plc, HSBC, Lomb, Sinclair Corporation, Pagaya Technologies, Gibraltar Industries, Garmin, NVIDIA, Rivian Automotive, Sunnova Energy International, Bros, Apache, Oil, Suncor Energy, Co, FNF, Sciences, Coeur D'Alene Mines, Trip.com, Joby Aviation, Resources, Alamos, Jackson, Nutrien, NTR, Pan, Sm Energy Company, Health, Newmont, Nikola Corporation, Cheniere Energy, Fiverr, Natural Resources, Point Credit, Lantheus Holdings, Builders, Grab Holdings, NICE, Dominion Energy, Harmony Biosciences Holdings, Teck Resources Limited, Intellia Therapeutics, Energy, Booking Holdings, Intuit, Semiconductor, Nation Entertainment, Vale S.A, Rocket Companies, Warner Bros ., AerCap Holdings, Natural Holdings, Calumet Specialty Products Partners, Frontier Communications, Jim Cramer's Charitable, CNBC, Lightrocket, Getty Locations: billings, Palo Alto, China, Xifaxan, Tri Pointe, Avista, Gibraltar, Coeur D'Alene, Pan American, Teck, Vale

☆ Stocks making the biggest moves premarket: Alphabet, Microsoft, Boeing and more
▼ + stars: | 2023-10-25 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

Alphabet — The Google and YouTube parent sank more than 6% premarket after results for its cloud business fell short of estimates. Boeing — Shares of the jet plane maker rose more than 3% premarket after it reported a quarterly revenue beat . Texas Instruments —The semiconductor designer and manufacturer's stock slid 5.5%, one day after fourth quarter guidance trailed estimates. Visa — The payments stock fell 1.3% before the bell after fourth quarter earnings and revenue topped analyst estimates and it raised its dividend by 16%. Revenue also beat expectations, along with fiscal second quarter and full-year revenue guidance.

Persons: Max, TXN, FactSet's StreetAccount, Wells, Hilton, Stride, —, Alex Harring, Sarah Min, Fred Imbert, Yun Li Organizations: Google, YouTube, LSEG, Microsoft, Xbox, Boeing —, Boeing, Texas, Deutsche Bank — U.S, Deutsche Bank, Visa, Dynamics, General Dynamics, Mobile, Revenue Locations: Israel, FactSet

☆ September is the cruelest month for stocks. Pros share their trading tips — and what to buy
▼ + stars: | 2023-09-01 | by ( Weizhen Tan | ) www.cnbc.com time to read: +5 min

The pros share their expectations and tips for how investors can trade in the month ahead. The volatility isn't over The "potential bite" of aggressive Fed policy could lead to more volatility, said Richard Saperstein, chief investment officer at investment firm Treasury Partners, in a Tuesday note. Avoid tech — but not completely Avoid mega-cap tech stocks such as the "Magnificent Seven" now, the pros said, referring to Apple , Amazon , Alphabet , Meta , Microsoft , Nvidia and Tesla — tech stocks that have made massive gains this year. "Big tech stocks have run and valuations are richer than they have been. Dave Sekera, chief U.S. market strategist at Morningstar, said on Thursday that not all tech stocks are overvalued.

Persons: Richard Saperstein, Ben Kirby, CNBC's, Carol Schleif, George Ball, Sanders Morris Harris, Schleif, Ball, it's, Dave Sekera, Kirby, Thornburg, Morgan Stanley, Andrew Slimmon Organizations: U.S . Federal Reserve, Treasury Partners, Thornburg Investment Management, BMO Family Office, Apple, Microsoft, Nvidia, Tesla, Big Tech, Morningstar, Autodesk, Software, Teladoc, CNBC, CME, Hyatt Hotels, Hotels, Resorts, Hilton Hotels, Morgan, Morgan Stanley Investment, United Rentals Locations: U.S, China, Argentine

☆ Cramer's Lightning Round: Topgolf Callaway Brands is a buy
▼ + stars: | 2023-07-27 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Topgolf Callaway Brands' year-to-date stock performance. Stock Chart Icon Stock chart icon Idexx Laboratories' year-to-date stock performance. Stock Chart Icon Stock chart icon Teladoc Health's year-to-date stock performance. Stock Chart Icon Stock chart icon Lucid Group's year-to-date stock performance. Stock Chart Icon Stock chart icon JD.Com's year-to-date stock performance.

Persons: Topgolf, Teladoc, they've Organizations: Topgolf Callaway Brands, Idexx Laboratories, Teladoc Locations: China

☆ Lightning Round: Cramer on Callaway, IDEXX, Teledoc and Lucid
▼ + stars: | 2023-07-27 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLightning Round: Cramer on Callaway, IDEXX, Teledoc and Lucid'Mad Money' host Jim Cramer weighs in on stocks including: Topgolf, Idexx Lab, Teladoc Health, Lucid, Johnson Controls and JD.com.

Persons: Cramer, Callaway, Jim Cramer, Johnson Organizations: Teladoc Locations: IDEXX

☆ Stocks making the biggest moves premarket: Alphabet, Microsoft, PacWest, Snap and more
▼ + stars: | 2023-07-26 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

Alphabet — The Google parent popped more than 6% after topping Wall Street's second-quarter earnings expectations, fueled by growth in its cloud-computing segment. Microsoft, however, did beat Wall Street's estimates, reporting earnings of $2.69 per share on $56.19 billion in revenue. Snap topped second-quarter expectations, reporting a narrower-than-expected loss of 2 cent a share on $1.07 billion in revenue. Wells Fargo also said that its board approved a previously announced dividend hike to 35 cents from 30 cents per share. The company topped earnings but fell short on revenue expectations, reporting adjusted earnings per share of 63 cents on $29.92 billion in revenue.

Persons: Ruth Porat, Refinitiv, Wells Fargo, popper, —, Sarah Min, Yun Li, Hakyung Kim, Jesse Pound Organizations: Google, Microsoft, Boeing, Texas, — Texas, Teladoc Health, Dish, Bloomberg News, Fisher, Pacific Locations: Mountain View , California, Banc, California

☆ Teladoc Health expands Microsoft tie-up to automate documentation with AI
▼ + stars: | 2023-07-18 | by ( ) www.reuters.com time to read: +1 min

July 18 (Reuters) - Teladoc Health (TDOC.N) is expanding a partnership with Microsoft (MSFT.O) to use the tech giant's artificial intelligence services to automate clinical documentation on its telehealth platform. The integration of AI services including Microsoft's OpenAI, owner of viral chatbot ChatGPT, will help ease the burden on healthcare staff during virtual exams, Teladoc said on Tuesday. The companies have been collaborating since the height of the COVID-19 pandemic in 2021, wherein Teladoc integrated its Solo virtual healthcare platform into Microsoft Teams. Teladoc will now also use Microsoft's Nuance Dragon Ambient eXperience, an AI-powered voice-enabled solution that uses the GPT4 AI service, to automatically document patient encounters, the telehealth company said. Reporting by Leroy Leo in Bengaluru; Editing by Devika SyamnathOur Standards: The Thomson Reuters Trust Principles.

Persons: Microsoft's OpenAI, Teladoc, Leroy Leo, Devika Organizations: Teladoc, Microsoft, Thomson Locations: Bengaluru

The conglomerate reported adjusted first-quarter earnings of $2.07 per share on revenues of $8.86 billion. Southwest Airlines — The airline company's shares slipped 3.4% following a wider-than-expected loss for the first quarter. The pharmaceutical company posted adjusted earnings per share of $2.46, while analysts had estimated $2.51, according to StreetAccount. United Rentals — Shares fell 5.7% after the company's first-quarter earnings came in below expectations. CBRE — Shares of the real estate group soared 8.8% after CBRE's first-quarter earnings announcement buoyed investor sentiment.

☆ Stocks making the biggest moves premarket: Meta, Teladoc, Harley-Davidson, Southwest Airlines and more
▼ + stars: | 2023-04-27 | by ( Sarah Min | ) www.cnbc.com time to read: +6 min

Teladoc Health – The telemedicine company saw its stock soar more than 7% after revenue topped analyst estimates in the latest quarter. The company also raised the low end of its revenue and adjusted EBITDA guidance, although it posted a wider-than-anticipated loss in the latest quarter. Harley-Davidson – Harley-Davidson jumped 4.4% after the motorcycle maker topped earnings and revenue expectations, according to consensus estimates from Refinitiv. Honeywell International – Honeywell advanced 1.8% after surpassing earnings and revenue expectations in its latest quarter. ServiceNow – Shares declined 1.1% premarket after a 17% runup year-to-date entering its latest earnings.

☆ Telehealth Apps Sharing Consumer Data Draw FTC Crackdown
▼ + stars: | 2023-03-26 | by ( Patience Haggin | ) www.wsj.com time to read: 1 min

The Federal Trade Commission is expected to look at more apps as it focuses on health data. The Federal Trade Commission is cracking down on the data-sharing practices of telehealth companies, focusing on widespread uses of data that many companies in the industry have failed to disclose to users. The FTC earlier this month reached a proposed settlement with BetterHelp, a subsidiary of Teladoc Health Inc., over allegations that the therapy-focused telemedicine company promised to keep users’ health data private but shared it with advertising partners.

☆ A booming market for gear to help seniors grow older at home is creating an opportunity for investors
▼ + stars: | 2023-01-21 | by ( Michelle Fox | ) www.cnbc.com time to read: +13 min

Alphabet, Amazon and Best Buy are among the fund's plays on the aging in place theme. Best Buy breaks into the space It's Best Buy that has really been doubling down on its efforts to break into the space. Best Buy sees the role of technology within health care becoming much more important. Medicare Advantage's health care at home coverage includes primary care, transitional care when someone is released from a hospital and often hospice care, she said. That should lead to higher earnings power, said Baker, who has a buy rating and $237 price target on Lowe's stock.

☆ Teladoc Health cuts 300 jobs to shave costs
▼ + stars: | 2023-01-18 | by ( ) www.reuters.com time to read: +1 min

Companies Teladoc Health Inc FollowJan 18 (Reuters) - Teladoc Health Inc (TDOC.N) said on Wednesday it has removed "redundant roles" and cut 300 jobs, or 6% from its non-clinician global workforce, as the company plans to prioritize its commercial businesses in a challenging demand environment. These job cuts have resulted from a combined implementation of the telehealth company's restructuring plans and previously announced cost-saving measures, some of which were implemented in the fourth quarter of 2022. The restructuring process has also resulted in a reduction of office spaces in certain markets, and Teladoc will further review its real estate footprint under the cost-management drive. Teladoc said it will record $4.4 million of the total $21.4 million of charges related to these measures taken in the fourth quarter, but does not expect them to have a material impact on its annual results. Reporting by Khushi Mandowara and Bhanvi Satija in Bengaluru; Editing by Nivedita Bhattacharjee and Sherry Jacob-PhillipsOur Standards: The Thomson Reuters Trust Principles.

☆ Analysis: Wood’s ARK slammed by higher interest rates in 2022 along with other growth funds
▼ + stars: | 2022-12-27 | by ( David Randall | ) www.reuters.com time to read: +4 min

The ARK Innovation Fund has lost around 67% year to date, more than tripling the decline of the S&P 500 index (.SPX). With the S&P 500 on pace for its biggest annual decline since the Great Financial Crisis, few funds are likely to escape 2022 unscathed. Wood's fund ranked 3,544 among all 3552 actively-managed U.S. equity mutual funds tracked by Morningstar. The worst performing fund of the year, by comparison, was the Voya Russia fund, which is down 92% for the year to date. CRASH LANDINGOther funds that soared in recent years on the backs of large bets on technology stocks fell on hard times in 2022.

☆ Cramer's lightning round: Teladoc Health is not a good situation
▼ + stars: | 2022-12-22 | by ( Krystal Hur | ) www.cnbc.com time to read: +1 min

Loading chart...PagSeguro Digital Ltd : "We have to remember it's from Brazil, so therefore it's politically unstable. Loading chart...ZIM Integrated Shipping Services Ltd : "These dividends are variable and can go down, and I don't want you to touch it." Loading chart...Teladoc Health Inc : "I've used the product, I like it very much, but it is not a good situation." Loading chart...ProPetro Holding Corp : "We like the oils that pay big yields because they have variable dividends, and I'm going to suggest that you buy Pioneer ." Loading chart...Kirby Corp : "It's a great idea, but you can buy that stock more cheaply if you just wait."

☆ A therapist from online provider BetterHelp reportedly told a 22-year-old gay patient to turn straight so he could reunite with his family
▼ + stars: | 2022-12-21 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +4 min

But according to Hill, the therapist that online provider BetterHelp matched him with did exactly that. "He said either you sacrifice your family or you sacrifice being gay," Hill told The Wall Street Journal. A former clinical director at the company told The Journal that therapists were "treated like Uber drivers." The company told the Journal it goes thorough background checks and also relies on state licensing boards, which certify therapists. A spokesperson for BetterHelp told Insider by email: "We firmly stand behind the high-quality service provided at BetterHelp, both in successful therapist matching and ongoing care."

☆ These global stocks surged last week, and analysts give them further upside
▼ + stars: | 2022-10-31 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

Moderna, on the other hand, has 40% upside on average, according to analysts covering the stock. Over 60% of analysts covering Centene give it a buy rating, and it has 18% average upside, according to FactSet data. It jumped 16% last week week. Japanese electronics firm Ibiden surged over 20% last week, and analysts give it 23% upside on average. Analysts covering it give it an average upside of nearly 30%.

☆ Stocks making the biggest moves midday: Meta Platforms, ServiceNow, Teladoc, Credit Suisse & more
▼ + stars: | 2022-10-27 | by ( Samantha Subin | ) www.cnbc.com time to read: +5 min

McDonald's — The fast-food giant's shares got a 2.8% lift after the company beat earnings expectations for its most recent quarter. Align Technology — The Invisalign maker saw its shares tumble 18% after it posted disappointing earnings for the most recent quarter. Credit Suisse — Shares of the Swiss bank plummeted 19.5% after Credit Suisse posted a greater-than-expected loss for the third quarter. ServiceNow — The stock jumped 13% after ServiceNow surpassed earnings expectations in its most recent quarter. Comcast — The media giant's stock rose 4.8% after topping analysts' earnings expectations for the third quarter.

☆ Stocks making the biggest moves after hours: Meta Platforms, ServiceNow, Align Technology and more
▼ + stars: | 2022-10-26 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Check out the companies making headlines after the bell:Meta Platforms — The Facebook parent plunged more than 13% after missing earnings estimates for the third quarter. Meta beat revenue estimates, posting a better-than-expected decline year-over-year but shared disappointing guidance for the fourth quarter. ServiceNow — The software stock soared 12.4% postmarket as earnings per share came in 12 cents ahead of Wall Street expectations. Align Technology — The maker of Invisalign dental straighteners toppled 16.8% after missing earnings estimates for the recent quarter. O'Reilly Automotive — Shares gained more than 3% after hours following a beat on revenue and earnings for the third quarter.

☆ Stocks could continue to break higher as Apple, big tech report earnings in week ahead
▼ + stars: | 2022-10-21 | by ( Patti Domm | In | ) www.cnbc.com time to read: +9 min

The three major averages closed higher Friday, with the S & P 500 adding 2.37% to close at 3,752.75. Stovall said the S & P 500 had six positive moves of 1% or more in the last 17 trading days, as of Friday. Earnings, earnings, earnings About 150 S & P 500 companies report earnings in the coming week. Technically speaking Scott Redler, partner with T3Live.com, said he is watching a formation in the S & P 500 that could be positive. His first target for the S & P 500 is 3,800.

☆ Cathie Wood says this emerging investing trend is the 'most misunderstood and underappreciated'
▼ + stars: | 2022-10-13 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Ark Invest's Cathie Wood believes innovators in DNA development are the most undervalued corner of the market. "I believe that today the genomic revolution is most misunderstood and underappreciated," Wood said at Morgan Stanley's AlphaCurrents Conference last week, according to a transcript provided by the bank. "The stocks in the last year, this growth stock bear market, has ravaged the genomic space. Ark Invest has a specific exchange-traded fund dedicated to this space: ARK Genomic Revolution ETF (ARKG) . However, the fund has wiped out half of its value this year as rising rates hit growth stocks particularly hard.

☆ Teladoc Health trading on the story, not the valuation, says Gilman's Jenny Harrington
▼ + stars: | 2022-04-28 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTeladoc Health trading on the story, not the valuation, says Gilman's Jenny HarringtonJenny Harrington, Gilman Hill Asset Management CEO, joins 'Halftime Report' to discuss the falling Teladoc shares and the pressure the ARK Innovation ETF in facing right now.

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