UnitedHealth pairs a big earnings recovery with a nearly $1.5B AI investment program

UnitedHealth reported $112.0 billion in second-quarter revenue, $8.0 billion in operating earnings, adjusted EPS of $6.38 and $11.1 billion in operating cash flow. It raised full-year adjusted EPS guidance to $19.50–$20.00 from at least $17.75. Reuters reported that the shares rose nearly 7% before the market opened as medical-cost control improved. CNBC’s prevalidated feed summary additionally says the company is investing $1.5 billion in AI while reducing membership and exiting unprofitable contracts.