US Top News and Analysis | Chubb's earnings blew past the Street. Here's why the stock is falling

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Chubb’s shares dropped on Wednesday even though the insurer delivered a solid first‑quarter earnings beat, posting EPS of $6.82 versus the $6.60 consensus, and prompting several Wall Street analysts to raise price targets. Investors, however, were spooked by signs of a softening property‑insurance market—rising competition, declining rates and aggressive price cuts that CEO Evan Greenberg called “dumb.” In response, Chubb is deliberately pulling back from large‑account and excess‑and‑surplus lines, prioritizing profitability over growth, a strategy praised by analysts as the “right thing to do.” Greenberg remained confident in the company’s balance sheet and liquidity despite inflationary pressures linked to the Iran conflict, noting that the firm has been appointed to administer federal marine reinsurance for ships navigating the Persian Gulf and that cyber‑warfare threats, especially against medium‑sized firms, present both risks and new opportunities.

Read more: https://www.cnbc.com/2026/04/22/chubbs-earnings-blew-past-the-street-heres-why-the-stock-is-falling.html

#Chubb #EvanGreenberg #Anthropic #WallStreet #PaulNewsome

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US Top News and Analysis | Stocks making the biggest moves after hours: Adobe, United Airlines, Capital One and more

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After the bell, several notable stocks made headline‑grabbing moves: United Airlines climbed about 1% even though it issued weaker‑than‑expected guidance for 2026 earnings (now projected at $7‑$11 per share versus the prior $12‑$14 range) and a lower quarterly outlook, while still beating first‑quarter earnings and revenue estimates. Capital One fell nearly 4% after reporting first‑quarter earnings of $4.42 per share and revenue of $15.23 billion, both miss­ing analysts’ expectations. Interactive Brokers slipped roughly 2% as its Q1 revenue came in at $1.68 billion, shy of the $1.71 billion forecast, though earnings were on target. Insurance heavyweight Chubb lost 1% despite posting core operating earnings of $6.82 per share, beating the $6.60 consensus, while W. R. Berkley rose 2% after reporting operating earnings of $1.30 per share, above the $1.13 estimate, even though its premium figures fell short. Adobe saw its stock rise more than 2% after the board approved a $25 billion stock‑repurchase program extending through April 2030, a move aimed at supporting the shares, which have been down over 29% year‑to‑date.

Read more: https://www.cnbc.com/2026/04/21/stocks-making-the-biggest-moves-after-hours-adbe-ual-cof.html

#Adobe #UnitedAirlines #CapitalOne #InteractiveBrokers #Chubb

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#USA #climatechange #FreeportLNG #Chubb

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