Hippo Insurance pitches big comeback by 2028, CEO explains
Property insurance company Hippo Holdings (HIPO) hosted its 2025 investor day on Thursday. Coming off the event, Hippo CEO and President Rick McCathron sits down with Julie Hyman to speak more about the company's path to profitability and its fronting partnership with the Baldwin Insurance Group (BWIN).
To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Business Insider
15 hours ago
- Business Insider
Hippo buys back $14.5M in common stock held by Lennar
On June 11, 2025, Hippo Holdings (HIPO) entered into an agreement with certain entities affiliated with LEN FW Investor, LLC whereby the Company agreed to repurchase 514,309 shares of its common stock, par value $0.0001 per share, beneficially owned by Lennar in a private transaction at a price per Share of $28.17, for an aggregate purchase price of $14.5 million. The repurchase of the Shares pursuant to the Share Repurchase Agreement will be made under the Company's existing share repurchase program. As of June 16, 2025, after giving effect to the repurchase of the Shares pursuant to the Share Repurchase Agreement, approximately $18.1 million of authorization remains available under the share repurchase program. The Share Repurchase Agreement contains customary representations, warranties, and covenants of the parties. The transaction is expected to close in the third quarter of 2025. Confident Investing Starts Here:
Yahoo
20 hours ago
- Yahoo
How oil has reacted to Israel–Iran conflict: Chart of the Day
Oil prices (CL=F, BZ=F) have been volatile during the conflict between Israel and Iran. Yahoo Finance anchor Julie Hyman examines oil price action in today's Chart of the Day. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. 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
20 hours ago
- Yahoo
Dow falls over 700 points, stocks sink on Israel-Iran conflict
US stocks (^DJI, ^IXIC, ^GSPC) sank on Friday, closing the trading day in negative territory in reaction to Israel's airstrikes against Iranian nuclear facilities and top military leadership. The day's negative market moves dragged all three of the market indexes down to close the week lower. Market Domination Overtime's Julie Hyman and Yahoo Finance markets and data editor Jared Blikre observe the day's biggest market and sector moves, including the surge in gold (GC=F) and crude oil prices (CL=F, BZ=F). To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. We did have the Dow uh close pretty much at the lows of the session here, down by about 770 points. That's about 1.8%. And that's after Israel, of course, struck Iran overnight, um aiming at nuclear targets as well as military targets in that nation. Uh Now in the past couple of hours, we have seen Iran retaliate, and then Israel still persist with rhetoric that it will then continue to hit Iran. So it feels like people did not want to be long going into the weekend, given some of that uncertainty about that back and forth. We saw the S&P 500 also close near the lows of the session, off 1.1%, and the NASDAQ off by 1.3%. Just to point out a couple of other moves that we saw today that wanted to that I wanted to note. Interesting here, uh that we did see money come out of treasuries, yields go up, even despite what we were seeing here today, which is a little bit surprising. Gold futures, however, gold did catch a bit of a bid up 1 and a half percent. And of course, the biggest mover today, crude oil, on speculation, concern, uncertainty about what this will have, effect this will have on Iranian oil exports. So TBD, we will continue to watch that. Jared's got a closer look at today's action. Thank you, Julie. Yeah, we were watching bonds get bought all week, and yields were coming down in response to that strong demand that we saw at the US auctions, and not today. But we'll have to see what the new week brings. And it was definitely an event-driven day, and we could see some of that continue next week. But important to remember that sometimes these geopolitical events, you see a huge spike initially, and then you really don't see that much afterwards. Crude oil today was up 14% at the highs. It closed up 8%, and that's still significant, and we got to watch it going forward. Uh but really this is uh this could go either way, and I think we need to keep that in mind. Here's the VIX, which is at 21.56. So that's uh that's above 20, and that's a not insignificant move. Here's what happened over the week, over the last five days. I'll show you real quickly what happened in the S&P 500 over these five days. Sunk into the red overnight or well, this morning. And uh we are down about 4/10ths of a percent. And I'll just take a quick look at the Nasdaq as well, down 6/10ths of a percent. And let's look at some heat maps. Only energy closed in the green today. And for the week, we are looking at uh a few more sectors in the green, health care, utilities, real estate in there, well, it's basically unchanged. But also tech, financials taking the biggest dip to the downside, down two and a half percent. Industrials, the best-performing sector this year, off 1.6%. And let's go to the Nasdaq 100 to see how things shook out here. MAG 7, all down except for Tesla. That's interesting. Tesla up 2%, that green rectangle there. Palantir also up one and a half one and a half percent. Uh for the most part, we didn't see a lot of dark red. You don't see a lot of dark red here, just a few names scattered around. So it wasn't terrible, but nevertheless, eye-catching, especially in light of the bullish bullishness that we've seen with the S&P 500 climbing within inches of its record high only recently. Here's the Dow, J&J, that's Johnson and Johnson, and Chevron, the two lone green rectangles there. And let's check out the transports as well. Everything here in the red. Uber down 2.02%, that's in the upper left. Uh Delta down almost 4%, United down a little bit more than four. And the airlines just having a tough go at this, as you might imagine, fuel costs up and uh travel interest maybe waning a little bit. I'm going to leave us on the leaders, and not surprisingly, a small oil ETF claims a top spot. Also, uh solar energy, defense, and the arc components. Well, Tesla is the biggest one there. And then to the downside, regional banks and gambling took the biggest tumble. 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