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UnitedHealth Group Reports Strong Q1 Earnings, Shares Rise 7%

UnitedHealth Group exceeded Q1 earnings expectations, leading to a 7% increase in its stock price. The company also raised its full-year profit outlook, citing better management of medical costs.

Amazon's Investment in Astera Labs Boosts Stock by 9%

Astera Labs' stock surged over 9% following Amazon's announcement of a $100 billion deal to purchase Amazon's Trainium chips over the next decade, with Astera's interconnect technology playing a key role.

Apple CEO Tim Cook Announces Leadership Transition

Apple CEO Tim Cook has announced his decision to step down, with hardware chief Jon Ternus set to succeed him in September. This marks a significant leadership change for the tech giant.