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Netflix, Las Vegas, Mortgages: 3 Things to Watch By Investing.com

By Christiana Sciaudone Investing.com -- Covid-19 fears are back, sending stocks lower despite really great earnings reports. Energy, financials, airlines and industrials were lower, and even tech -- save for IBM (NYSE:IBM), which rallied on its results -- failed to save the day.  Apple (NASDAQ:AAPL) introduced a new iPad product line, prompting hopes that there will be demand for them. Johnson & Johnson (NYSE:JNJ) rose after earnings results and a resumed vaccine rollout for Europe. The U.S. still hasn't chimed in on a possible return of the vaccine. We have more earnings...

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Netflix Earnings, Revenue beat in Q1 By Investing.com

Netflix (NASDAQ:NFLX) reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations. Netflix announced earnings per share of $3.75 on revenue of $7.16B. Analysts polled by Investing.com anticipated EPS of $2.97 on revenue of $7.14B. Netflix shares are up 1% from the beginning of the year and are trading at $549.65 , down-from-52-week-high.They are under-performing the Nasdaq which is up 6.97% from the start of the year. Netflix follows other major Services sector earnings this month Netflix's report follows an earnings beat by Prologis on Monday, who...

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Dow Dives as Rising Global Infections Dent Cyclicals; Netflix Slumps By Investing.com

By Yasin Ebrahim Investing.com – The Dow slipped Tuesday, as rising global coronavirus cases triggered fresh jitters over global growth, prompting investors to hit pause on cyclical stocks.  The Dow Jones Industrial Average fell 0.75%, or 256 points. The S&P 500 fell 0.68%, and the Nasdaq Composite slumped 0.92%. Investors sweating over the Covid-19 pandemic was widely thought to be in the rearview mirror, but a spike in cases globally has sparked jitters over global growth. Energy led the broader market to downside, slipping more than 2% as investors reined in bets that global travel would return sooner...

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CSX Earnings miss, Revenue beats In Q1 By Investing.com

CSX (NASDAQ:CSX) reported on Tuesday first quarter earnings that missed analysts' forecasts and revenue that topped expectations. CSX announced earnings per share of $0.93 on revenue of $2.81B. Analysts polled by Investing.com anticipated EPS of $0.9613 on revenue of $2.79B. CSX shares are up 8% from the beginning of the year and are trading at $96.03 , down-from-52-week-high.They are outperforming the Nasdaq which is up 6.97% from the start of the year. CSX shares lost 2.52% in after-hours trade the report. CSX follows other major Transportation sector earnings this month CSX's report follows...

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Intuitive Surgical Earnings, Revenue beat in Q1 By Investing.com

Intuitive Surgical (NASDAQ:ISRG) reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations. Intuitive Surgical announced earnings per share of $3.52 on revenue of $1.29B. Analysts polled by Investing.com anticipated EPS of $2.64 on revenue of $1.11B. Intuitive Surgical shares are down 0% from the beginning of the year and are trading at $812.12 , down-from-52-week-high.They are under-performing the S&P 500 which is up 10.05% from the start of the year. Intuitive Surgical follows other major Healthcare sector earnings this month Intuitive Surgical's report follows an earnings...

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EU set to ratchet up AI fines to 6% of turnover: EU document By Reuters

By Foo Yun Chee BRUSSELS (Reuters) - Companies that use banned artificial intelligence applications in breach of EU rules could face fines as much as 6% of their global turnover, up from a previously proposed 4%, according to a revised European Commission document set to be announced on Wednesday. The AI rules could help the European Union take the lead in regulating a technology that critics say has harmful social effects and can be used as a tool for social control by authoritarian governments, while supporters see it as an engine of economic growth. The latest...

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Dow Extends Losses as Pandemic Jitters Return By Investing.com

By Yasin Ebrahim Investing.com – The Dow slumped Tuesday as cyclical stocks were hit hard after rising Covid-19 cases muddied the outlook for global growth, and offset the another wave of mostly bullish corporate earnings. The Dow Jones Industrial Average fell 1.07%, or 366 points. The S&P 500 fell 0.94%, and the Nasdaq Composite slumped 1.3%. Investors sweating over the Covid-19 pandemic was widely thought to be in the rearview mirror, but a spike in cases globally has sparked jitters over global growth. Energy led the broader market to downside, slipping more than 2% as investors...

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Apple targets remote workers with new iPad Pro, slim iMacs using own chips By Reuters

By Stephen Nellis (Reuters) - Apple Inc announced a line of slim iMac computers and iPads with higher-quality video that use its own processors, as it speeds its migration away from Intel (NASDAQ:INTC) and caters to a work-from-home world. The company also launched products including AirTags to find lost items and podcast subscription services. AirTags will cost $29 each, while the iMac will start at $1,299. Both will be available on April 30. The wide variety of announcements largely had been telegraphed before the presentation, which had no major surprises. Shares of Apple...

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Canada shares lower at close of trade; S&P/TSX Composite down 0.95% By Investing.com

Investing.com – Canada equities were lower at the close on Tuesday, as losses in the Healthcare, Energy and Industrials sectors propelled shares lower. At the close in Toronto, the S&P/TSX Composite fell 0.95%. The biggest gainers of the session on the S&P/TSX Composite were OceanaGold Corporation (TSX:OGC), which rose 5.23% or 0.115 points to trade at 2.315 at the close. Osisko Mining Corp (TSX:OSK) added 4.18% or 0.14 points to end at 3.37 and B2Gold Corp (TSX:BTO) was up 3.70% or 0.23 points to 6.44 in late trade. Biggest losers included OrganiGram...

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Weekly Comic: Buddy, Can You Spare a Chip? By Investing.com

By Geoffrey Smith  Investing.com -- Semiconductors are seen as 'the new oil' - the essential commodity (or semi-commodity) embedded in virtually every manufactured product. So when the factories run out of them, that's a problem - a big one.  The global shortage of semiconductors is likely to get worse before it gets better: the world’s biggest contract manufacturer of silicon chips said last week that the shortage will last all through 2021 and into 2022, forcing manufacturers and customers across the world to agonize for months over whether to grit teeth and pay higher prices, or to...

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