The U.S. telemedicine market is experiencing rapid growth, driven by strategic partnerships and advancements in technology. Notably, the web/mobile segment is leading with a projected growth rate of 16.3%, fueled by the rise of 5G and mobile health apps. Additionally, the tele-home segment is expanding significantly, catering to the increasing demand for at-home care solutions, particularly among the aging population.
Zoom Communications Inc. has proposed an $18 million settlement to resolve a four-year investigation by the US Securities and Exchange Commission regarding its privacy policies and communications. The company recorded this amount as an expense for a "tentative settlement offer" in its latest quarterly filing. Approval from the SEC is still pending.
Stocks are nearing all-time highs, with the S&P 500 rising for the seventh consecutive day, driven by optimism despite geopolitical risks and tariff announcements from President-elect Trump. The index is on track for its 52nd record this year, with analysts predicting continued gains into 2025. Meanwhile, corporate performances varied, with notable declines for Amgen and Kohl's, while Eli Lilly benefited from potential government support for weight-loss drugs.
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