Today: 3 July 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 Technologies Inc. slashed its 2026 profit guidance Wednesday, triggering about a 13% drop in the stock. The medical equipment maker is contending with tighter margins as chip, oil, and freight prices climb, tariffs bite, and a supplier snag adds more pressure. This shift is significant because demand wasn’t the sticking point here. GE HealthCare posted revenue gains, logged positive orders, and ended with a $21.8 billion backlog. Still, investors zeroed in on whether that demand will convert to actual profit as input costs remain elevated.
29 April 2026
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

Not long ago, headlines confidently predicted that artificial intelligence would overtake radiologists by the 2020s. In 2016, AI pioneer Geoffrey Hinton famously suggested we should “stop training radiologists” because deep learning would outperform them within five years newrepublic.com newrepublic.com. Similar forecasts in top journals and tech forums envisioned algorithms reading X-rays and scans with super-human accuracy, putting radiologists out of work. Radiology trainees grew anxious, even choosing other specialties, fearing a career that might not exist newrepublic.com newrepublic.com. Fast-forward to 2025, and that prophecy clearly did not come true. “Eight years have passed, and Hinton’s prophecy… did not come true; deep learning can’t do what a radiologist does,” wrote radiologist Arjun Byju, reflecting on the unrealized replacement of his field radiologybusiness.com. In fact, rather than an oversupply of radiologists, many countries face a shortage of them. Byju notes that some imaging centers now have backlogs of months, waiting for a human radiologist to read studies radiologybusiness.com. Demand for imaging has exploded, outpacing the growth of the radiologist workforce – a gap that early AI hype did not anticipate.

Stock Market Today

  • Rivian (RIVN) beats on Q2 production, ups full-year delivery outlook to 70,000
    July 3, 2026, 1:40 AM EDT. Rivian Automotive (NASDAQ: RIVN) turned in Q2 2026 numbers that came in ahead of guidance, building 12,613 vehicles and delivering 12,194. That clears the company's expected range of 9,000 to 11,000 units, boosted by R1 sales, EDV vans, and the first R2 shipments. Rivian now targets 65,000-70,000 deliveries for the year, up from 62,000-67,000. Q1 auto gross margin slipped, with a $62 million loss where there was a $92 million profit last year. Higher costs from the R2 launch and tooling dragged on the result. Software and services revenue, up 49% to $473 million, helped offset some pressure. Total Q1 revenue was $1.38 billion-just above what the Street expected-and Rivian cut net loss to $416 million from $518 million a year ago. Cash and short-term investments stood at $4.84 billion with another $1 billion coming from VW.
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