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Stock impact report

A top-2% fund manager shares where he'll be looking for opportunities as Middle East turmoil threatens tech [Business Insider]

UnitedHealth Group Incorporated (DE) (UNH) 
Last unitedhealth group incorporated (de) earnings: 4/15 05:55 am Check Earnings Report
US:NYSE Investor Relations: unitedhealthgroup.com/investors.aspx
Have an account? Log in Rising oil prices due to the Iran war could impact tech stocks and the AI trade. That's according to Tom Hancock, a fund manager at GMO. He suggested looking to healthcare stocks if Middle East turmoil continues. Rising oil prices — and their potential impact on inflation — are front and center in the market conversation right now. Loading audio narration... Yet, if the conflict between Iran and the US and Israel continues and the Strait of Hormuz stays closed, attention could start to shift to the tech sector and the AI trade, according to Tom Hancock , the head of the Focused Equity team at asset management firm GMO. While that may seem like an odd line to draw at first, Hancock is thinking of the potential knock-on effects on capital flows that could stem from an extended closure of the Strait of Hormuz If Middle Eastern oil producers can't easily sell their oil in the global market, they have less money coming in to invest in US assets. Thi Show less Read more
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