Latest news with #JoshuaKushner
Business Insider
2 days 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
2 days ago
- Business
- Yahoo
Retail Traders Just Sent This AI Health Stock Soaring 60%
Oscar Health (NYSE:OSCR) has exploded nearly 60% this week, adding close to $2 billion in market cap without a single press release or earnings update. The real catalyst? A retail trading frenzy. OSCR became one of the most-mentioned names on r/WallStreetBets, and trading volume followed suitnearly 50 million shares changed hands on Wednesday alone, the second-highest in the company's history. Options activity lit up as well, with call volumes hitting a record 152,414 that day, and another 95,000 contracts moving by Friday morning, nearly triple the norm. Beneath the surge is a company with serious revenue momentumup 48% in 2023 and 57% in 2024. Adjusted earnings per share reached $0.92 in Q1 2025. But Oscar isn't just selling insuranceit's selling a story. Management brands the company as a health-tech platform, powered by AI and run on what it calls a continuous hackathon model. That pitch, familiar to anyone who's followed high-multiple tech names, is likely helping Oscar catch a more generous valuation than traditional insurers. Retail traders appear to be buying into that promise. Another factor? The Kushner connection. Joshua Kushner, vice chairman of Oscar's board and brother to Jared Kushner, has remained a prominent name in business and politics alike. That visibility might be adding an extra layer of speculation to the mix. But for now, the stock's movement is being driven more by momentum than fundamentals. Oscar is just $3 shy of its all-time highand the retail crowd seems determined to carry it the rest of the way. This article first appeared on GuruFocus.
Yahoo
2 days 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
2 days 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
Daily Mail
14-06-2025
- Entertainment
- Daily Mail
Ivanka Trump parties with nepo baby model who made hateful claim against dad Donald
It seems as though Ivanka Trump doesn't hold a grudge, as the First Daughter was spotted partying with a nepo baby who previously made a hateful claim against her dad. Photographers caught the blonde beauty, 43, enjoying a night out in New York City with her husband, Jared Kushner, on Thursday evening. The couple attended the birthday celebration of his brother Joshua Kushner at Katz's Deli in the Lower East Side of Manhattan. They rubbed shoulders with a slew of famous faces at the party - including Cindy Crawford, her husband, Rande Gerber, and their model daughter Kaia Gerber. Kaia, 23, famously spoke out against Ivanka's father Donald Trump ahead of the 2024 election. She shared a strong-worded post to social media in October 2024 encouraging her followers to vote for his competition, Kamala Harris. The brunette beauty wrote at the time, 'In the words of Michelle Obama, "If we don't get this election right, your wife, your daughter, your mother, we as women will become collateral damage to your rage. So are you, as men, prepared to look into the eyes of the women you love and tell them you supported this assault?"' Kaia added, 'Right answers only. VOTE!!!!!!!' alongside a snap of her posing with her mail-in ballot that showed she had indeed voted for Kamala, as well as a collage of images of the former Vice President at a rally. Ivanka and Kaia seemed to put their past differences aside as they celebrated Joshua's birthday together in Manhattan. Katz's Deli is best known for being featured in the beloved 1989 film When Harry met Sally. It acted as the backdrop for the iconic scene where Meg Ryan 's character Sally faked an orgasm while sitting across from Billy Crystal's Harry, which was followed by the now-famous line: 'I'll have what she's having.' 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, some flashy earrings, and strappy heeled sandals. Jared, for his part, wore some black trousers, blue sweater and black dress shoes. A bleary-eyed Ivanka walked hand-in-hand with her husband as they exited the acclaimed eatery. As for Kaia, she opted for a haltered, red, polka-dot midi dress and white flats that showcased her svelte physique. She shared a strong-worded post to social media in October 2024 encouraging her followers to vote for his competition, Kamala Harris Birthday boy Joshua, 40, donned black jeans, a white T-shirt, and an unbuttoned black shirt, while his wife, Karlie Kloss, 32, sported a chic black dress that had a thigh-high slit Cindy, 59, dressed casually for the party, opting for a pair of blue jeans and a black top that she tucked into the bottoms. Her husband Rande, 63, wore a black, button-down shirt, gray jeans, and matching gray sneakers. Cindy became one of the world's most popular supermodels in the '80s and '90s and Kaia has been following in her footsteps ever since. She has also dabbled in acting with roles in American Horror Story and the 2024 dark comedy Shell. Also at the party was Joshua's wife, Karlie Kloss, as well as musician Diplo and acclaimed fashion designer Diane Von Furstenberg. Birthday boy Joshua, 40, donned black jeans, a white T-shirt, and an unbuttoned black shirt, while his wife, 32, who is currently expecting her third child, sported a chic black dress that had off-the-shoulder sleeves and a thigh-high slit.
