Today: 22 May 2026
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NYSE:GEHC 31 August 2025 - 29 April 2026

GE HealthCare Technologies Inc. Stock Sinks as Tariffs and Chip Costs Force Profit Cut

GE HealthCare Technologies Inc. Stock Sinks as Tariffs and Chip Costs Force Profit Cut

GE HealthCare cut its 2026 profit forecast Wednesday, citing higher chip, oil, and freight costs, as well as tariffs and a supplier issue. Shares fell nearly 13% to $59.75. First-quarter revenue rose 7.4% to $5.13 billion, but net income dropped to $389 million from $564 million a year earlier. The company also announced a reorganization, merging its Imaging and Advanced Visualization units.
29 April 2026
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AI Was Supposed to Replace Radiologists by 2025 – Here’s Why It Didn’t

AI Was Supposed to Replace Radiologists by 2025 – Here’s Why It Didn’t

About 75% of FDA-cleared medical AI devices target radiology, but radiologist jobs remain secure and shortages persist. Current AI tools handle narrow imaging tasks like flagging strokes or measuring lesions, but cannot replace human expertise or generalize across cases. Over 520 radiology AI devices have U.S. approval, yet regulatory, legal, and payment hurdles slow adoption. Most experts now view AI as an aid, not a replacement.
31 August 2025
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Stock Market Today

  • Kevin Warsh Confirmed as Fed Chair Amid Inflation Concerns
    May 22, 2026, 7:33 AM EDT. Kevin Warsh, appointed by former President Trump, is set to be sworn in as Federal Reserve chair on Friday. Despite expectations that Warsh might lower interest rates, current economic signals point to the opposite. Inflation continues to rise, and the bond market is pricing in a potential rate hike. Investors and analysts brace for tighter monetary policy as the Fed aims to curb inflation pressures.

Latest articles

Meta Cuts 8,000 Jobs as Zuckerberg Pushes AI Ambitions

Meta Cuts 8,000 Jobs as Zuckerberg Pushes AI Ambitions

22 May 2026
Meta Platforms CEO Mark Zuckerberg told staff he does not expect more company-wide layoffs this year after cutting about 8,000 jobs and shifting thousands to AI roles, affecting roughly 10% of the workforce. Meta raised its 2026 capital spending forecast to $125–$145 billion. Some employees questioned the reassurance, noting the wording left room for smaller cuts. U.S. laid-off workers will receive at least 16 weeks’ pay and extended healthcare.
Allstate faces $870 million storm loss as growth outlook wobbles

Allstate faces $870 million storm loss as growth outlook wobbles

22 May 2026
Allstate estimated $870 million in April catastrophe losses, mostly from two wind and hail events, with an after-tax cost of $687 million. Shares fell 3.4% Thursday after the disclosure. The April loss exceeded analyst expectations and last year’s figure, despite recent gains in earnings and policy growth. Allstate will stop monthly policy count disclosures after June, moving to quarterly reporting.
Futures Edge Higher as AI Names Lead Gains Ahead of Holiday

Futures Edge Higher as AI Names Lead Gains Ahead of Holiday

22 May 2026
U.S. stock futures climbed early Friday, with Dow e-minis up 151 points and Nasdaq 100 e-minis rising 148 points as lower Treasury yields boosted tech shares. Oil prices rose, with Brent crude at $104.96 a barrel amid concerns over the Strait of Hormuz. Nvidia projected stronger-than-expected revenue, while Workday surged nearly 12% premarket after beating estimates. Markets remain open Friday, with an early bond close ahead of Memorial Day.
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