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Institutional portfolio data show increased allocations to healthcare equities, signaling sector rotation into defensive assets. Palantir Technologies (PLTR) closed down more than -7% to lead losers in the S&P 500 and Nasdaq 100 after Reuters reported that an Army memo stated the company's battlefield communications network has serious "fundamental security" flaws. A good starting point is our analysis highlighting 3 key rewards investors are optimistic about regarding Elevance Health. Analysts see potential for breakout if upcoming earnings exceed the 4% quarterly revenue growth consensus.
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