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James Bond movie ‘No Time to Die’ delayed again amid pandemic By Reuters

LOS ANGELES (Reuters) - The release of the James Bond movie "No Time to Die" was postponed to October from April, its producers said on Thursday, another setback for movie theaters trying to rebuild a business crushed by the coronavirus pandemic. The movie's new debut date is Oct. 8, according to an announcement on the James Bond website and Twitter feed. ...

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IBM Posts Fourth-Straight Quarterly Revenue Decline in Q4; Shares Slump By Investing.com

By Yasin Ebrahim IBM (NYSE:IBM) reported on Thursday fourth quarter earnings that beat analysts' forecasts, but revenue fell short of expectations and declined for the fourth-straight quarter. IBM shares lost 7% in after-hours trade following the report. IBM announced earnings per share of $2.07 on revenue of $20.37 billion. Analysts polled by Investing.com anticipated EPS of $1.81 on...

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Tesla bears suffer record short-sale loss in 2020 – S3 Partners By Reuters

By Chuck Mikolajczak NEW YORK (Reuters) - Short bets on Tesla Inc were the most unprofitable trade in 2020, as the electric automaker saw its shares surge over 740% en route to becoming the world's most valuable automaker. In a note to clients, Ihor Dusaniwsky, managing director of predictive analytics at S3 Partners, said mark-to-market short losses for Tesla totaled over $40...

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Parler loses bid to require Amazon to restore service By Reuters

By Elizabeth Culliford and Jonathan Stempel (Reuters) - A U.S. judge on Thursday rejected Parler's demand that Amazon.com Inc (NASDAQ:AMZN) restore web hosting services for the social media platform, which Amazon had cut off following the Jan. 6 storming of the U.S. Capitol. U.S. District Judge Barbara Rothstein in Seattle said Parler was unlikely to prove Amazon breached its contract or violated...

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Asian markets set for messy open after U.S. stocks peak following Biden inauguration By Reuters

By Jessica DiNapoli NEW YORK (Reuters) - Asian investors were expecting a mixed day of trading after Wall Street peaked on Thursday, pushed upward by continued optimism about economic stimulus to counteract the COVID-19 pandemic promised by newly inaugurated U.S. President Joe Biden. "The markets had such a strong run yesterday after the presidential inauguration in the U.S. and the run-up...

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IBM misses quarterly sales estimates, shares fall By Reuters

(Reuters) - International Business Machines (NYSE:IBM) Corp missed Wall Street estimates for quarterly revenue on Thursday, hurt by a rare sales decline in its software unit as clients shied away from longer-term deals due to pandemic-induced economic uncertainty. The 109-year old firm is preparing to split itself into two public companies, with the namesake firm enhancing its focus on the so-called hybrid...

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Intel forecasts first-quarter revenue, profit above estimate as PC chip sales see some recovery By Reuters

By Stephen Nellis and Ayanti Bera (Reuters) - Intel Corp (NASDAQ:INTC) on Thursday forecast first-quarter revenue and profit above Wall Street expectations, continuing to benefit from high demand for laptops, PCs and servers that have powered the shift to working and playing from home. Shares rose 6.5% during regular trade, when the results were released ahead of the close. They...

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UK bans passengers from Tanzania, Democratic Republic of Congo to control spread of COVID variant By Reuters

(Reuters) - Britain is banning all arrivals from Tanzania and Democratic Republic of Congo from Friday to stop the spread of the South Africa COVID-19 variant, transport secretary Grant Shapps said in a tweet on Thursday. "All passengers from these countries except British & Irish Nationals and third country nationals with residents rights will be denied entry," Shapps wrote in...

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