U.S. Stocks Open Higher; Humana Jumps 15% After Key Medicare Advantage Plan Gets Higher Rating; SpaceX Rises 3% on Low-Band Spectrum Deal to Expand Mobile Services

Tiger Newspress10-09 21:34

The Nasdaq Composite rose on Friday following a losing session in which an underwhelming revenue report from OpenAI took some steam out of the high-flying artificial intelligence trade.

The tech-heavy Nasdaq added 0.6%. The S&P 500 climbed 0.3%, while the Dow Jones Industrial Average traded up 64 points, or 0.1%.

SpaceX announced it is purchasing low-band spectrum, which offers broad coverage and indoor penetration. It’s part of SpaceX’s plan to offer wireless mobile service, in addition to space-based broadband. shares rose 3%

Humana stock gained 15% on Friday after the federal government released new ratings data on Medicare Advantage plans, showing that Humana achieved a four-star rating on a key contract closely watched by Wall Street.

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