From Nasdaq:

shares outstanding to 579,635).

In technology news, Apple Inc. announced record-breaking earnings for the fourth quarter, with a revenue of $111.4 billion and a net income of $28.76 billion. The success was largely driven by strong sales of the iPhone 12 and increased demand for services like Apple Music and iCloud.

In global finance, the European Central Bank announced plans to keep interest rates at record lows in an effort to support the struggling economy amid the ongoing pandemic. The decision comes as Europe continues to grapple with rising COVID-19 cases and economic uncertainty.

In environmental news, a new study revealed that 2020 tied with 2016 as the hottest year on record. Global temperatures were 1.25 degrees Celsius above pre-industrial levels, highlighting the urgent need for action to combat climate change. The study also found that ocean heat content reached record levels last year.

On the political front, President Biden signed an executive order to boost federal purchases from U.S. manufacturers, aiming to increase domestic production and support American workers. The order is part of his “Buy American” initiative and is expected to create jobs and stimulate the economy.



Read more at Nasdaq: Noteworthy ETF Outflows: QQQ, AMD, COST, PEP