By coinnews 
00:00 Speaker A
It’s now time for some of today’s trending tickers. We’re watching United Health, DR Horton and Hermes. First up, United Health shares plunging after the health insurer slashed its earnings forecast for the year, citing rising costs that took the company by surprise. United Health’s warnings about rising costs also weighed on rival health insurers like Humana and Edna owner CVS. United Health is the largest seller of Medicare Advantage plans and saw care activity rise more than expected during the quarter. That division was also impacted by Medicare payment changes the government made to crack down on insurers. Shares down 16%.
00:51 Speaker B
And next up, home builder DR Horton cutting its full-year revenue outlook as it grapples with a muted spring selling season and weak economic backdrop. The company’s executive chairman said would-be buyers are more cautious, given affordability constraints and declining consumer confidence. Both revenue and earnings per share falling short of estimates in the company’s fiscal second quarter. DR Horton closed roughly 19,200 homes during its most recent quarter. That is a 15% decline from the same period a year ago.
01:38 Speaker B
And finally here. Oh, Brad, go ahead.
01:42 Speaker A
Hermes says it will raise prices in the US to offset the impact of President Trump’s tariffs, as a global trade war intensifies. The luxury brand’s first quarter results were dented by weakness in the greater China market. Total sales rose 7.2% on an annual basis, just shy of analyst expectations. Earlier this week, Hermes overtook LVMH as the world’s most valuable luxury group by market cap, after LVMH’s weak quarter sank the stock. You can scan the QR code below to track the best and worst performing stocks of the session with Yahoo Finances trending tickers page.