News

Glonghui, February 28｜According to Bloomberg, UnitedHealth, the largest health insurance provider in the United States, has capped employee salary increases at a maximum of 2% this year, depending on individual performance. Sources revealed that the company has also recently notified some employees of layoffs, though the specific number was not disclosed. The company is working to reduce operating expenses, scale back its clinic footprint, and improve the profitability of its health insurance and medical group businesses. The company's earnings outlook released in January this year indicated that revenue may experience its first decline since the 1980s, reflecting increasing operational pressures.

BlockBeats News, February 28th, according to Farside monitoring, yesterday the net outflow of the US Bitcoin spot ETF was $27.5 million, ending three consecutive days of net inflows. Among them, Belay IBIT had a net outflow of $32.7 million, and BTCO had a net inflow of $3.3 million.

Glonghui, February 28th｜Deutsche Bank released a report stating that the merger between Warner Bros. Discovery and Paramount Global will create a powerful global streaming platform, becoming a strong competitor to Netflix in the United States. Analyst Bryan Kraft raised the target price for Warner Bros. Discovery to $31, but downgraded the rating to "Hold," citing limited upside potential. The analyst added that the merged company will possess all the content and intellectual property necessary for large-scale success, and the deal should pass regulatory review with minimal resistance.