Graphics-chip maker Nvidia late Wednesday beat Wall Street's targets for its fiscal fourth quarter thanks to strong data-center processor sales. Read More...
MarketWatch
Hyatt posts wider Q4 loss, but sees ‘strengthening demand’ ahead
Shares of Hyatt Hotels Corp. fell more than 6% in the extended session Wednesday after the hotel operator reported a much wider-than-expected quarterly loss, saying it expects to benefit from the “strengthening demand environment ahead” especially for high-end travelers. Hyatt lost $29 million, or 26 cents a share, in the fourth quarter, compared with a loss of $203 million, or $2 a share, in the fourth quarter of 2020. Adjusted for one-time items, the hotel chain lost $2.78 a share. Revenue ros
