Best Buy Divests Home Care Unit Bought for $400 Million in 2021
Current Health, an at-home care technology company, was one of several acquisitions Best Buy Health made as it consolidated smaller operations in the space to build its home-care segment. It still owns the Lively and PERS+ businesses.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
17 minutes ago
- Yahoo
Your organs have their own age – and it may predict health risks better than your birthday
If you've always thought your birthday was the best way to define how old you are, think again. Your organs, it turns out, are aging on their own schedules. A growing body of scientific research is shifting focus from chronological age to biological age, where your body's roughly 30 trillion cells, tissues and organs each have their own 'clocks' that can tick at different speeds. According to a groundbreaking peer-reviewed study published last week in Nature Medicine, Stanford University researchers found that an organ that is substantially 'older' than a person's actual age is at greater risk of disease. Researchers tracked this hidden timeline by analyzing thousands of proteins flowing through our blood. The body's cells, tissues and organs all have different 'clocks' ticking at different speeds (Getty Images) 'With this indicator, we can assess the age of an organ today and predict the odds of your getting a disease associated with that organ 10 years late,' Tony Wyss-Coray, a professor of neurology and neurological sciences at the university's Wu Tsai Neurosciences Institute, said in a statement. Take the brain, for example: an older one increases your risk of death by about 182 percent within the next 15 years, compared with people whose brains are aging normally, researchers found. On the flip side, those with brains biologically younger than their chronological age are believed to live longer. The study's authors concluded that having an older brain increased the risk of dementia threefold, while those with youthful brains have just a quarter of the usual risk. 'The brain is the gatekeeper of longevity,' Wyss-Coray said. 'If you've got an old brain, you have an increased likelihood of mortality.' An older biological heart age was linked to a higher risk of atrial fibrillation and heart failure, while aging lungs signaled an increased likelihood of developing chronic obstructive pulmonary disease (COPD). While your chronological age only goes up, the good news is that biological age can be slowed, paused or even reversed. Forty-year-old soccer star Cristiano Ronaldo has an estimated biological age of just under 29, according to data from the health tech brand Whoop. Bryan Johnson has documented his journey to reverse his biological age to that of a teenager (Dustin Giallanza) Kim Kardashian may be blowing out 44 candles on her next birthday but her biological age came in nearly a decade younger, according to results from an epigenetic clock test taken on The Kardashians last year. Meanwhile, Bryan Johnson, 47, the anti-aging tech guru and 'biohacker,' has documented his bizarre journey in an attempt to reverse his biological age to that of a teenager. You don't need to be into biohacking to change your organ's age — they can shift depending on a variety of factors, including your genes, how much you move, what you eat, your sleep habits and how you manage stress. Regular exercise, good nutrition and avoiding harmful habits like smoking all contribute to younger organ age and better health outcomes, according to Stanford University's research.
Yahoo
17 minutes ago
- Yahoo
'Earnings misses are going to get punished more than usual': Wall Street raises the stakes as stocks hit records
Earnings season is in full swing, and Wall Street has a clear message to companies: Good just isn't good enough. Market action this week reinforced that growing thesis, with big banks like JPMorgan (JPM) and Bank of America (BAC) ending the week with muted gains despite solid earnings and a message of consumer resilience. Netflix (NFLX), which currently trades at roughly 40 times forward earnings, a steep premium to the broader market and even many of its tech peers, faced an even sharper reaction. Shares fell 5% on Friday despite the streaming giant reporting a beat on both the top and bottom lines and raising its full-year guidance. "An overall 'good' set of results and guide were not good enough for elevated expectations,' William Blair analyst Ralph Schackart wrote in a reaction to the Netflix report. That disconnect between performance and price reaction isn't isolated. As earnings season ramps up, the broader market is contending with elevated valuations and a growing sense that even strong results may not be enough to justify current levels. "The biggest risk right now is valuation," Brian Jacobsen, chief economist at Annex Wealth Management, told Yahoo Finance on Friday. "When we look at the fundamentals, I think that those will be improving. But how much are you paying for those fundamentals?" Companies entered this earnings season with lowered expectations, shaped by growing uncertainties around tariffs, policy, and the path of interest rates. According to FactSet, analysts initially projected just under 5% earnings growth for the S&P 500 (^GSPC) in the second quarter. That estimate rose to 5.6% on Friday as more companies reported stronger-than-expected results. If that number holds, it would still mark the slowest pace of profit growth since Q4 2023. So far, 83% of S&P 500 companies that have reported topped second quarter EPS estimates, above the five-year average of 78%. Still, the average earnings surprise of 7.9% lags the five-year norm of 9.1%. And with a relatively easy bar to clear, strategists warn that investors are showing little patience for any stumbles. "I expect that we're going to be seeing a lot of volatility," Jacobsen said. "Earnings misses are going to get punished a lot more than usual. I don't think investors have the patience to really deal with companies that are missing any of those estimates." Stocks are currently trading at record highs after staging a historic comeback since Trump's initial "Liberation Day" tariff threats in April, which briefly triggered a sharp sell-off after he pledged sweeping duties on some of the US's largest trading partners. The White House later softened its stance, first granting a 90-day extension and then pushing the deadline again to Aug. 1. That walk-back fueled a familiar narrative on Wall Street — the so-called TACO trade, an acronym for "Trump Always Chickens Out." The phrase captures a belief among some investors that the president often talks tough on tariffs but rarely follows through. That assumption has helped fuel a tailwind for markets in recent months as traders increasingly bet on last-minute policy pivots. But even as markets rally on hopes of policy reversals, the underlying uncertainty hasn't gone away. Mark Malek, chief investment officer at Siebert Financial, told Yahoo Finance on Friday that as earnings season continues, investors will have a clearer view of how tariff-sensitive industries are holding up in this environment. "All the flags are heading in the right direction — for now," he said, emphasizing the uncertainty heading into the next wave of earnings. "We know [tariff-related inflation] is going to be a headwind. Either it's going to cost corporations in earnings or it's going to come right to the consumer," he said. "The market's trying to trying to digest all of this, and so far it's done a good job. But I think there's another shoe to drop soon." Allie Canal is a Senior Reporter at Yahoo Finance. Follow her on X @allie_canal, LinkedIn, and email her at Sign in to access your portfolio
Yahoo
17 minutes ago
- Yahoo
Investors in CACI International (NYSE:CACI) have seen strong returns of 136% over the past five years
When you buy a stock there is always a possibility that it could drop 100%. But on a lighter note, a good company can see its share price rise well over 100%. For instance, the price of CACI International Inc (NYSE:CACI) stock is up an impressive 136% over the last five years. It's also good to see the share price up 15% over the last quarter. But this could be related to the strong market, which is up 23% in the last three months. So let's investigate and see if the longer term performance of the company has been in line with the underlying business' progress. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. To paraphrase Benjamin Graham: Over the short term the market is a voting machine, but over the long term it's a weighing machine. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. Over half a decade, CACI International managed to grow its earnings per share at 14% a year. This EPS growth is lower than the 19% average annual increase in the share price. This suggests that market participants hold the company in higher regard, these days. That's not necessarily surprising considering the five-year track record of earnings growth. You can see how EPS has changed over time in the image below (click on the chart to see the exact values). We know that CACI International has improved its bottom line lately, but is it going to grow revenue? Check if analysts think CACI International will grow revenue in the future. A Different Perspective CACI International shareholders gained a total return of 8.4% during the year. But that was short of the market average. If we look back over five years, the returns are even better, coming in at 19% per year for five years. It may well be that this is a business worth popping on the watching, given the continuing positive reception, over time, from the market. It's always interesting to track share price performance over the longer term. But to understand CACI International better, we need to consider many other factors. Consider risks, for instance. Every company has them, and we've spotted 1 warning sign for CACI International you should know about. Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of companies we expect will grow earnings. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
