U.S. stocks jumped on Tuesday after a decline in bond yields ushered investors into the beaten-up technology sector. The tech-heavy Nasdaq Composite climbed 4.2%, on pace for its best day since April 2020. Tesla stock soared 17% after a five-day losing streak and headed for its biggest one-day pop since February 2020. Apple, Facebook and Amazon jumped 4% each, while Microsoft […] Read more
Netflix reported earnings for the fourth quarter of 2020 after the bell on Tuesday, announcing it is “very close” to being free cash flow positive and is considering stock buybacks. This year, it expects to be around break even on cash flow. The stock was up about 10% after hours. Here are the key numbers: Earnings per share (EPS): $1.19 […] Read more
Nintendo is bringing three classic video games from its beloved Mario franchise to the Nintendo Switch, looking to capitalize on the momentum for gaming during the coronavirus pandemic ahead of the holidays. In a presentation to mark the 35th anniversary of the series Thursday, Nintendo announced remastered versions of some of its best-known 3D titles, […] Read more
