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Dow Closes at Record High as Energy, Industrials Shine; GameStock Soars By Investing.com

By Yasin Ebrahim Investing.com – The Dow closed at a record high Wednesday, as value sectors like energy and industrials continue to gather steam amid expectations that another round of stimulus and the ongoing vaccine roll out will spur a stronger economic recovery.  The Dow Jones Industrial Average rose 1.4%, or 424 points, at a record high of 31,961.86 after hitting an intraday...

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Booking Earnings, Revenue Beat in Q4 Declines Less Than Feared By Investing.com

By Yasin Ebrahim Booking (NASDAQ:BKNG) reported on Wednesday fourth-quarter results that topped expectations as the pandemic-led hit to bookings was not as bad as feared. Booking was up 2% following the report. Booking, the online travel service, announced a loss per share of 57 cents on revenue of $1.24 billion. Analysts polled by Investing.com anticipated a loss of $3.85 a share on revenue...

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Britain’s GCHQ cyber spies embrace the AI revolution By Reuters

By Guy Faulconbridge LONDON (Reuters) - Britain's cyber spies at the GCHQ eavesdropping agency say they have fully embraced artificial intelligence (AI) to uncover patterns in vast amounts of global data to counter hostile disinformation and snare child abusers. AI, which traces its history back to British mathematician Alan Turing's work in the 1930s, allows modern computers to learn to sift through...

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Nvidia Delivers Upbeat Outlook After Results Beat in Q4; Shares Climb By Investing.com

By Yasin Ebrahim Nvidia (NASDAQ:NVDA) reported on Wednesday fourth quarter results that beat topped expectations as strong demand in its data center and gaming businesses continued. Nvidia shares gained 3% in after-hours trade following the report. Nvidia announced earnings per share of $3.1 on revenue of $5 billion. Analysts polled by Investing.com anticipated EPS of $2.8 on revenue of $4.82 billion. The data...

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GameStop Surges on Report Activist Pushed Out CFO By Investing.com

By Liz Moyer Investing.com-- GameStop Corp (NYSE:GME) doubled during Wednesdays trading session and continued to rise in after-hours trading after reports an activist led a shake up in the executive suite. The so-called meme stock rose 25% in after-market hours after gaining 103.9% during market hours. GameStop said on Tuesday its chief financial officer would leave later next month....

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Nvidia forecasts revenue above expectations on demand for graphic chips By Reuters

(Reuters) - Nvidia Corp forecast better-than-expected first-quarter revenue on Wednesday, betting on strong demand for its graphic chips used in gaming devices and data centers. As people wait for vaccine rollouts, extended stay-at-home has sustained the demand for chips used in personal computers, gaming devices and data center infrastructure that enable remote working. While Nvidia has been known for its graphic chips,...

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Frontline workers, BAME groups will not be prioritised for UK vaccines – Guardian By Reuters

(Reuters) - Frontline workers and Black, Asian and minority ethnic groups (BAME) in the United Kingdom will not be prioritised for COVID-19 vaccination in the next stage of the vaccine rollout, the Guardian reported on Wednesday. The Joint Committee on Vaccination and Immunisation is poised to reject vaccine prioritisation by occupation or race, and vaccines would proceed down the age bands of...

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Booking Earnings, Revenue beat in Q4 By Investing.com

Booking (NASDAQ:BKNG) reported on Wednesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations. Booking announced earnings per share of $-0.57 on revenue of $1.24B. Analysts polled by Investing.com anticipated EPS of $-3.85 on revenue of $1.19B. Booking shares are up 9% from the beginning of the year and are trading at $2,433.3 , down-from-52-week-high.They are...

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NetApp Earnings, Revenue beat in Q3 By Investing.com

NetApp reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations. NetApp announced earnings per share of $1.1 on revenue of $1.47B. Analysts polled by Investing.com anticipated EPS of $1.01 on revenue of $1.43B. NetApp shares are up 7% from the beginning of the year and are trading at $71.48 , down-from-52-week-high.They are outperforming...

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