Amazon.com Inc.'s business hit a new level in 2020, and apparently it was enough to convince founder Jeff Bezos it was time to put someone else in charge.
U.S. stocks finished sharply higher on Tuesday, with investors encouraged by news on the pace of vaccinations in the U.S., the prospect of more fiscal aid from Congress, and a decline in the frenzy of retail trading in heavily shorted stocks.
Electronic Arts Inc. shares fell in the extended session Tuesday after the videogame publisher reported quarterly results below Wall Street expectations following a record high closing price.
Seven more states legalized online betting in 2020
The search-engine behemoth reported net income of $15.23 billion, or $22.30 a share, compared with net income of $10.67 billion, or $15.35 a share, in the year-ago quarter. The company reported $11.25 billion in net income last quarter.
Match Group Inc. delivered slightly better-than-expected results Tuesday while posting a mixed outlook for the quarter and year ahead.
U.S. stock benchmarks on Tuesday extend gains with investors encouraged by news on the pace of vaccines in the U.S., the prospect of more fiscal aid from Congress, and a decline in the frenzy of retail trading in heavily shorted stocks.
Preliminary findings, published in The Lancet on Tuesday, are based on data gathered from 19,866 participants.
