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Nio’s sales top $2 billion in ‘transformational’ year

Cuomo faces calls for resignation after another woman alleges harassment

Zoom earnings roared to nearly $1 billion in 2020, and the stock is rising again

All Apple retail stores in U.S. open for first time in almost a year; stock jumps

Roku to acquire Nielsen's advanced video-advertising business

Roku Inc. undefined shares were up 4% Monday after it announced it has reached an agreement to buy Nielsen Holdings' undefined Advanced Video Advertising business, allowing Roku to offer a fully addressable advertising solution for TV programmers. Roku will acquire Nielsen technology that can replace ads in linear feeds with targeted, household-level spots on over-the-top streaming platforms. Additionally, the companies entered a multiyear deal in which data from Roku's platform will be incorporated into the forthcoming Nielsen One cross-media measurement solution. Financial terms of the deal were not revealed. The sale is expected to close in the second quarter.

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Opinion: We should tax billionaires’ wealth to help pay for pandemic recovery

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Value investing is finding favor in emerging markets. Here’s what to own now

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Bitcoin may replace bonds, Cathie Wood says

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GameStop saga illustrates rising ‘noise-trader risk’ that could feed market volatility, warns quantitative analyst

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J&J CEO says Americans should start getting single-dose COVID vaccine within 48 hours

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Teachers were already leaving the profession due to stress — then COVID-19 hit

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My wife has homeschooled our son and our best friends’ son since September due to COVID-19. Is it too late to bring up money?

‘She’s putting in about 15 to 20 hours each week. The two families have shared the costs of the curriculum, school supplies and art supplies.’

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U.S. consumers made a record number of complaints in 2020 — this was their No. 1 grievance

‘As consumers dealt with the economic fallout of the pandemic, they increasingly faced problems with financial companies.’

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China’s top banking regulator warns of asset bubbles on Wall Street and elsewhere

Infineon to replace Nokia in Euro Stoxx 50

Microchip maker Infineon Technologies is going to replace telecom equipment maker Nokia in the Euro Stoxx 50 , Stoxx said late Monday. The move is effective March 22. Stoxx didn't provide an explanation, but microchip makers have been buoyed by strong demand and a shortage of supplies. In early trade, Nokia slipped 1.3% while Infineon slipped 0.4%.

Asian markets mixed after Wall Street soars

Novavax Hopes to Start Supplying Covid Shots This Spring

Lemonade stock dials back gains on earnings, outlook

Lemonade Inc. LMND shares declined in the extended session Monday after the mobile-based insurance company beat on results but provided an underwhelming outlook for the current quarter. Lemonade shares declined 4.5% after hours, following a 5.3% rise in the regular session to close at $132.43. The company reported a fourth-quarter loss of $33.9 million, or 60 cents a share, compared with a loss of $32.7 million, or $2.90 a share, in the year-ago period. Revenue declined to $20.5 million from $23.5 million in the year-ago quarter. Analysts surveyed by FactSet had forecast a loss of 64 cents a share on revenue of $19.2 million, based on the company’s forecast of $18 million to $19 million. Lemonade expects revenue of $21.5 million to $22.5 million for the first quarter, and $114 million to $117 million for the year. Analysts had forecast revenue of $22.1 million for the first quarter, and $111.6 million for the year. Lemonade shares, which debuted 139% above their initial pricing on their first day of trade in July, are 350% above their $29 original pricing.

C3.ai stock falls on first public earnings report after nearly tripling IPO price

C3.ai Inc. AI shares fell in the extended session Monday after the artificial-intelligence software company reported its first quarterly results as a public company following a big run-up in its stock price. C3.ai shares fell 11% after hours, following a 7.6% gain in the regular session to close at $121.05. In December, the stock finished up more than double its initial pricing of $42 in its Wall Street debut, and is currently 188% above its IPO pricing. The company reported a third-quarter loss of $16.9 million, or 23 cents a share, compared with a loss of $9.8 million, or 27 cents a share, in the year-ago period. The company’s adjusted loss, which excludes stock-based compensation expenses and other items, was $11.9 million, while analysts surveyed by FactSet had estimated $16 million. C3 did not provide an adjusted loss per-share figure. Revenue rose to $49.1 million from $41.3 million in the year-ago quarter. Analysts had forecast revenue of $47.3 million. C3.ai forecast revenue of $50 million to $51 million for the fourth quarter, and revenue of $180.9 million to $181.9 million for the year. Analysts had estimated revenue of $48.3 million for the fourth quarter, and revenue of $177.1 million for the year.

Macy's COO to depart, position to be eliminated

Macy's Inc. said late Monday that John Harper, chief operations officer, will depart the company effective Aug. 1, and after that the COO role will be eliminated. The company also said that Laura Miller has been appointed chief information officer, effective March 15, reporting directly to Chief Executive Jeffrey Gennette. Miller succeeds chief technology officer Naveen Krishna, who is leaving the company. Shares of Macy's rose 0.8% in the extended session, after ending the regular trading day up 0.7%.

Sherwin-Williams' COO to step down next week

The Sherwin-Williams Co. said late Monday that David B. Sewell, its president and chief operating officer, will resign on March 12 to become chief executive officer of another company outside of the coatings industry. The new company was not named. Sewell's COO role will not be filled immediately, Sherwin-Williams said. Chief Executive Officer John Morikis will serve as president in addition to his current role and assume the COO's primary duties and responsibilities, the company said. Shares of Sherwin-Williams were flat in the extended session Monday after ending the regular trading day up 2%.

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‘Unrealistic’ to expect the COVID-19 pandemic can be stopped by end 2021, says World Health Organization

The world’s singular focus right now should be to keep transmission of COVID-19 as low as possible, said Dr. Michael Ryan, director of WHO's emergencies program.

Ashtead lifts guidance after stronger 3Q start

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Flutter Entertainment sees strong start to 2021

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