24 March

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Former executive Adam Selipsky to return to AWS By Reuters

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(Reuters) - Amazon.com Inc (NASDAQ:AMZN) on Tuesday named Salesforce.com Inc (NYSE:CRM) executive Adam Selipsky to lead its Amazon Web Services unit. The move comes as AWS' current lead Andy Jassy is vacating the role to become chief executive officer of Amazon, after Jeff Bezos announced his exit. Seattle-based Amazon said Selipsky, one of the first VPs hired in AWS in 2005 who...

24 March

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Robinhood confidentially files for U.S. stock market listing – sources By Reuters

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By Anirban Sen (Reuters) -Robinhood Markets Inc, the online brokerage at the heart of the historic retail trading frenzy that gripped Wall Street this year, has confidentially submitted plans to regulators for a U.S. stock market listing, people familiar with the matter said. Reuters reported in December that the online brokerage had picked...

23 March

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Powell Backs Fed’s View Inflation Bump Will Fade By Investing.com

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By Yasin Ebrahim Federal Reserve Chairman Jerome Powell repeated Tuesday the Federal Reserve's view that any inflation rise this year will likely be a "one-off," but stressed the central bank has the tools to ensure inflation is kept well anchored to its 2% target. The expected sharp jump in inflation as the economy reopens "will not be persistent," but...

23 March

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Durable Goods, Jay & Janet, General Mills: 3 Things to Watch By Investing.com

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By Christiana Sciaudone Investing.com -- Markets slid Tuesday as European lockdowns scared investors and sent oil lower. Fears over a continued dearth in demand kept airlines, cruise lines and other reopening stocks trading lower despite Federal Reserve Chair Jerome Powell promising to keep monetary policy loose. The head of the central bank also continues ot be unfazed about the possibility of out-of-control inflation,...

23 March

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S&P 500 Slumps as Europe Lockdowns Muddy Reopening Optimism By Investing.com

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By Yasin Ebrahim Investing.com – The S&P 500 slumped Tuesday, unable to mark its one-year bull run in style as fresh lockdowns in Europe muddied the outlook for global economic growth, souring investor appetite for cyclical stocks. The S&P 500 was down 0.74%, and has rebounded about 70% higher since March 23. The Dow Jones Industrial Average fell 0.94%, or 268 points, the...

23 March

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Adobe Earnings, Revenue beat in Q1 By Investing.com

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Adobe (NASDAQ:ADBE) reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations. Adobe announced earnings per share of $3.14 on revenue of $3.91B. Analysts polled by Investing.com anticipated EPS of $2.79 on revenue of $3.76B. Adobe shares are down 7% from the beginning of the year and are trading at $450.00 , down-from-52-week-high.They are...

23 March

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WATCH LIVE: Fed Chair Jay Powell and US Treasury Secretary Janet Yellen testimony By Investing.com

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The Fed Chair Jerome Powell and US Treasury Secretary Janet Yellen testify in front of the House Financial Services Committee regarding the Treasury Department and Federal Reserve's response to the pandemic. Watch the hearing below: ...

23 March

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Zoom Rises Amid News It Will Provide Services to Others By Investing.com

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By Christiana Sciaudone Investing.com -- Zoom Video Communications Inc (NASDAQ:ZM)rose 5% amid news that it will start selling its technology for other companies to embed in their products. Video conferences would be operated by Zoom, but not branded as such, The Wall Street Journal reported, citing Chief Technology Officer Brendan Ittelson. The move will pit Zoom against Amazon (NASDAQ:AMZN),...

23 March

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UBS Says Sell Discovery As Streaming Upside Captured, Stock Falls 5% By Investing.com

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By Dhirendra Tripathi Investing.com – Discovery (NASDAQ:DISCA) shares fell 5% Tuesday after UBS said to sell the stock. Even after the fall, UBS’s $46 price target is still 24% lower than the current price. Discovery shares have risen by almost 284% from their lows last year, and UBS believes the current stock level poses a challenge to the risk-reward ratio as the gains...

23 March

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FTSE 100 finishes lower, oil falls on demand fears, USD at 2-week highs By Investing.com

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Key points FTSE 100 closing price of 6,698.30, down 0.4% Rolls-Royce (LON:RR) and airlines weak Oil names fall on decline in crude Bitcoin down to $55k but off worst levels By Samuel Indyk Investing.com – The FTSE 100 closed lower on Monday, led lower by travel stocks which fell for the second day this week as hopes of European travel this...

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Former executive Adam Selipsky to return to AWS By Reuters

Robinhood confidentially files for U.S. stock market listing – sources By Reuters

Powell Backs Fed’s View Inflation Bump Will Fade By Investing.com

Durable Goods, Jay & Janet, General Mills: 3 Things to Watch By Investing.com

S&P 500 Slumps as Europe Lockdowns Muddy Reopening Optimism By Investing.com

Adobe Earnings, Revenue beat in Q1 By Investing.com

WATCH LIVE: Fed Chair Jay Powell and US Treasury Secretary Janet Yellen testimony By Investing.com

Zoom Rises Amid News It Will Provide Services to Others By Investing.com

UBS Says Sell Discovery As Streaming Upside Captured, Stock Falls 5% By Investing.com

FTSE 100 finishes lower, oil falls on demand fears, USD at 2-week highs By Investing.com

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