Latest news with #JaredKushner
Business Insider
5 hours ago
- Business
- Business Insider
Up 50% in a Week, Is Oscar Health (OSCR) the Newest Meme Stock?
Analysts and investors are puzzling over Oscar Health (OSCR), and insurance stock that has catapulted 50% higher in the past week on seemingly no news. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Social media and discussion forms such as WallStreetBets are buzzing about OSCR stock's upward explosion, wondering if the recent gains are justified or if the New York City health insurer has become the latest meme stock? OSCR stock surged 13% higher on June 20, lifting its five-day gain to 50%, as traders note strong momentum indicators and interest building around the stock among individual retail investors. The current rally appears to have been sparked by investor commentary on social media, including a post from Ruth Capital highlighting the company's first-quarter free cash flow of $1 billion. Political Ties While some analysts and traders are parsing the fundamentals of Oscar Health, others are pointing to the company's political ties as a reason for the current hype surrounding the stock. Oscar Health's co-founder is Joshua Kushner, the brother of Jared Kushner, U.S. President Donald Trump's son-in-law. Market watchers say this connection has drawn attention from retail investors in recent days. At its current share price $21.22, Oscar Health is richly valued, trading at 87 times future earnings estimates. That's nosebleed levels and gives credence to naysayers online who are dismissing OSCR as another meme stock. Fans of the company stress that Oscar Health is participating in a growing number of government-backed health programs, which should drive future financial results. Over the last five years, OSCR stock has declined 46%. Is OSCR Stock a Buy? The stock of Oscar Health has a consensus Hold rating among four Wall Street analysts. That rating is based on one Buy, one Hold, and two Sell recommendations issued in the last three months. The average OSCR price target of $14.88 implies 29.88% downside risk from current levels.
Yahoo
14 hours ago
- Business
- Yahoo
Oscar Health Explodes Higher -- Is This the Market's Next Meme Stock?
June 20 - Oscar Health (NYSE:OSCR) surged more than 18% on Friday, lifting its five-day gain to about 60%, as traders flagged strong momentum indicators and retail interest building around the stock. The rally follows investor commentary on social media, including a post from Ruth Capital highlighting the company's fundamentals. The firm noted Oscar Health's first-quarter performance, which included free cash flow of around $1 billion, as a sign of underlying strength. Traders also pointed to possible indirect political ties, with Oscar Health's co-founder Joshua Kushner being the brother of Jared Kushner, who served in the Trump administration. Market watchers say this connection has drawn attention from retail investors during an election year. Technical signals have added fuel to the stock's run. The moving average convergence divergence, or MACD, remained above its signal line with a positive histogram reading, while the stock price traded above both short- and long-term averages. However, the relative strength index hovered just below 71, indicating the stock may be overbought in the short term. Ruth Capital also warned that heavy reliance on government-backed health programs and earnings volatility could impact performance. Oscar Health shares have climbed nearly 64% so far in 2025 but remain only modestly higher over the past year. This article first appeared on GuruFocus. Sign in to access your portfolio
Yahoo
14 hours ago
- Business
- Yahoo
Oscar Health Explodes Higher -- Is This the Market's Next Meme Stock?
June 20 - Oscar Health (NYSE:OSCR) surged more than 18% on Friday, lifting its five-day gain to about 60%, as traders flagged strong momentum indicators and retail interest building around the stock. The rally follows investor commentary on social media, including a post from Ruth Capital highlighting the company's fundamentals. The firm noted Oscar Health's first-quarter performance, which included free cash flow of around $1 billion, as a sign of underlying strength. Traders also pointed to possible indirect political ties, with Oscar Health's co-founder Joshua Kushner being the brother of Jared Kushner, who served in the Trump administration. Market watchers say this connection has drawn attention from retail investors during an election year. Technical signals have added fuel to the stock's run. The moving average convergence divergence, or MACD, remained above its signal line with a positive histogram reading, while the stock price traded above both short- and long-term averages. However, the relative strength index hovered just below 71, indicating the stock may be overbought in the short term. Ruth Capital also warned that heavy reliance on government-backed health programs and earnings volatility could impact performance. Oscar Health shares have climbed nearly 64% so far in 2025 but remain only modestly higher over the past year. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 days ago
- Politics
- Yahoo
Trump installs pair of 88-foot-tall new flag poles at the White House
WASHINGTON ― Massive new flag poles hoisting United States flags have been installed on the White House grounds after President Donald Trump said they were desperately needed and that he would pay for them himself. The placement of the two 88-foot-tall flagpoles — one on the north lawn and one on the south lawn — began early in the morning of June 18. A U.S. flag was later raised on the south lawn around 1 p.m. at a ceremony that included Trump's daughter Ivanka Trump and son-in-law Jared Kushner. The couple was at the White House to watch the swearing in of Charles Kushner, Jared's father, as U.S. ambassador to France. 'How do you like it, everybody?' Trump said to reporters after the flag reached the top of the pole. Soon afterward, the second flag pole of identical height was installed on the north lawn. A few hours later, after thunderstorms rolled through Washington D.C., a second flag with the same dimensions was raised. Presidents have long put their own mark on how the White House is decorated, and Trump, who built his personal brand flipping commercial properties, is no exception. "It is a GIFT from me of something which was always missing from this magnificent place," Trump said in a social media post. "Hopefully, they will proudly stand at both sides of the White House for many years to come!" Trump said he paid out of his own pocket to install the poles, which cost about $50,000 each. This week, the White House traded a bust sitting in the Oval Office of the civil rights icon Martin Luther King Jr. for one of former British Prime Minister Winston Churchill. Trump said earlier this year he'd like to see a new ballroom built in the White House. When asked what gave him the idea to install the flag poles, Trump said he first considered the flags during his first term but blamed distractions caused by the media for getting in the way. 'I was the hunted. And now I'm the hunter,' Trump told reporters on June 18. "It's a big difference." Contributing: Swapna Venugopal Ramaswamy. This article originally appeared on USA TODAY: Trump installs pair of 88-foot-tall new flag poles at the White House
Daily Mail
4 days ago
- Entertainment
- Daily Mail
How Ivanka Trump's husband Jared Kushner REALLY spends his days after White House exit
Ivanka Trump 's husband Jared Kushner is pulling back the curtain on what his everyday life living in Miami looks like - with the couple recently making headlines for their booming social life surrounded by A-listers in the Sunshine State. Since stepping back from politics after serving in President Donald Trump 's first administration, the two relocated to Miami with their three children, Arabella Rose, 13, Joseph Frederick, 10, and Theodore James, eight. They live in a $24 million mega mansion on Miami's Indian Creek Island, which boasts six bedrooms and 8.5 baths, and was purchased after their swift exit from Washington, D.C. Their 1.3-acre estate overlooking Biscayne Bay is just one of 41 homes in the exclusive village known as 'Billionaire Bunker' thanks to its mega-rich residents. Now, Kushner is revealing how he spends his days with his family, telling New York Post's Well Spent that he goes into his office late and always makes his kids breakfast. He went into detail about his regimen after the outlet asked him if he's made any 'key changes' to his morning routine in recent years. 'I go into the office later and schedule fewer meetings,' Kushner explained. 'After I make my kids breakfast and send them to school, I take more time in the morning to read, think, walk, exercise, listen to podcasts and return phone calls, [which] gives me the ability to go into the office more centered and intentional,' he continued. And, according to his wife, Kushner does in fact make a mean breakfast in the morning, as she revealed months ago that her kids often prefer eating his creations in the kitchen to hers. During a January appearance on The Skinny Confidential Him & Her podcast, Ivanka admitted that Kushner makes amazing pancakes. 'I tried to make French Toast the other day, and I'm actually a decent cook, but because he was traveling - I don't know if you're experiencing this yet - [the kids] can be brutal to me when I don't do something as well as their father,' she admitted. 'So my kids just looked at my [attempt], I tried to make this French Toast and I was getting my son's lunch ready, I forgot about it, it burnt, and I heard for the next twenty minutes how my French toast will never compete with their dad's pancakes,' she said, adding that it was 'so unfair.' The heiress even revealed that she had a 'debate' with her kids about the French toast including how long it should be soaked in the egg and milk mixture, as you don't want to make it too soggy. Once he's done making breakfast and has completed his other morning activities, it's time to commute to work. He told Well Spent that he's usually returning phone calls on his way to the office, but sometimes finds the time to listen to a podcast. The dad-of-three revealed that he likes to listen to Founders, Invest like the Best, Lex Friedman, and Joe Rogan. The heiress even revealed that she had a 'debate' with her kids about the French toast including how long it should be soaked in the egg and milk mixture, as you don't want to make it too soggy 'Sometimes I'll put on a playlist my daughter has made for me,' he added of his 13-year-old. During the interview, he also revealed more of his parenting philosophy, as the 44-year-old shared the 'one approach to life' that he holds and tries to pass down to his children. The advice spanned all the way from his time serving as Trump's Senior Advisor during his first administration. 'You cannot allow people who don't know or care about you to impact your self-worth,' he said. 'Being viciously criticized for what I believed were noble pursuits during my time in government gave me the freedom and course to be comfortable going against vocal consensus.' His interview comes just days after he and Ivanka were spotted having a wild night out together in New York City, partying at a deli made famous for a very risqué reason alongside a slew of their A-list pals. The pair were spotted leaving Katz's Deli on the Lower East Side of Manhattan after attending the birthday celebration of his brother Joshua Kushner on Thursday evening. Katz's Deli is best known for being featured in the beloved 1989 film When Harry met Sally. During the interview, he also revealed more of his parenting philosophy, as the 44-year-old shared the 'one approach to life' that he holds and tries to pass down to his children Ivanka flaunted her toned figure for the occasion, donning a tiny black gown that left her long legs on full display. The dress featured a plunging neckline, tight bodice and ruffled skirt. She accessorized with a black clutch and some flashy earrings. She paired it with some strappy sandals, and left her long blonde locks in loose waves around her face. Kushner, for his part, wore some black trousers, blue sweater and black dress shoes. A bleary-eyed Ivanka walked hand-in-hand with Jared as they exited the acclaimed eatery. Also at the party was Joshua's wife, Karlie Kloss, as well as former supermodel Cindy Crawford, her husband Rande Gerber, their daughter Kaia Gerber, musician Diplo, and acclaimed fashion designer Diane Von Furstenberg.
