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Cerner Earnings, Revenue beat in Q4 By Investing.com

Cerner (NASDAQ:CERN) reported on Wednesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations. Cerner announced earnings per share of $0.78 on revenue of $1.40B. Analysts polled by Investing.com anticipated EPS of $0.7799 on revenue of $1.39B. Cerner shares are up 0.65% from the beginning of the year and are trading at $78.99 , down-from-52-week-high.They are...

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Uber Q4 Results Miss Expectations; Remains on Track to Meet Profit Goals By Investing.com

By Yasin Ebrahim Uber (NYSE:UBER) Tech said Wednesday it remained on track meeting its profit goals this year despite reporting fourth-quarter results that fell short of expectations on a pandemic-fueled hit to its core ride sharing business. Uber Technologies (NYSE:UBER) fell more than 2% in after-hours trade. Uber Tech announced a loss per share of 54 cents on revenue of $3.17 billion. Analysts...

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Manufacturer for hire: China’s Geely sets out to become a force in electric cars By Reuters

By Yilei Sun and Brenda Goh HANGZHOU, China/SHANGHAI (Reuters) - Like many others in his industry, Geely Chairman Li Shifu has been irked by skyrocketing valuations for electric car manufacturers such as Tesla Inc and Nio Inc, sources at the Chinese automaker say. Getting Geely, which owns Volvo Cars and 9.7% of Daimler AG (DE:DAIGn), to a place where it...

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Uber Tech Earnings, Revenue miss in Q4 By Investing.com

Uber (NYSE:UBER) Tech reported on Wednesday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations. Uber Tech announced earnings per share of $-0.54 on revenue of $3.17B. Analysts polled by Investing.com anticipated EPS of $-0.5298 on revenue of $3.61B. Uber Tech shares are up 23.88% from the beginning of the year and are trading...

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Disney’s Quarter, Pot Stocks, Bumble IPO: 3 Things to Watch By Investing.com

By Liz Moyer Investing.com -- After a string of record-setting sessions, stocks paused on Wednesday as Fed Chairman Jerome Powell tried to deflect inflation worries. In a speech, the central bank chief said rising prices after the pandemic are not likely to be sustained, and that it was important to maintain the status quo on policy.  Earnings continued to roll in mostly positive but...

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Mastercard to open up network to select cryptocurrencies By Reuters

(Reuters) - Mastercard (NYSE:MA) Inc said on Wednesday it was planning to offer support for some cryptocurrencies on its network this year, joining a string of big-ticket firms that have pledged similar support. The credit-card giant's announcement comes days after Elon Musk's Tesla Inc revealed it had purchased $1.5 billion of bitcoin and would soon accept it as a form of...

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Dow Notches Record High as Gains in Energy Offset Red in Consumer Stocks By Investing.com

By Yasin Ebrahim Investing.com – The Dow eked out a record close Wednesday, as investors digested the latest wave of quarterly results from corporates and Federal Reserve Chairman Jerome Powell reiterated the need for accommodative monetary policy at a time when data shows runaway inflation worries are somewhat misplaced.       The Dow Jones Industrial Average rose 0.2%, or 61 points to a record...

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O’Reilly Automotive Earnings, Revenue beat in Q4 By Investing.com

O’Reilly Automotive reported on Wednesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations. O’Reilly Automotive announced earnings per share of $5.4 on revenue of $2.83B. Analysts polled by Investing.com anticipated EPS of $5.11 on revenue of $2.78B. O’Reilly Automotive shares are up 0.86% from the beginning of the year and are trading at $458.95 ,...

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Powell Calls for ‘Patiently’ Accommodative Monetary Policy Stance to Boost Growth By Investing.com

By Yasin Ebrahim Federal Reserve Chairman Jerome Powell said Wednesday, a "patiently accommodative monetary policy stance"  is important to boost the labor market and the overall economy following a stall in recent months. "Also important is a patiently accommodative monetary policy stance that embraces the lessons of the past—about the labor market in particular and the economy more generally," Powell said Wednesday to...

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