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Tech Up Ahead Of Earnings Tech Roundup
04/23/2021 | 05:29pm EDT
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Message : Shares of technology companies rose amid anticipation of strong earnings. Shares of device maker Apple rose ahead of its first-quarter earnings report, due next week. Shares of social networking concern Facebook also rose in anticipation of its earnings. Electronics concern Panasonic said it s buying U.S. supply-chain software provider Blue Yonder Holding from Blackstone Group and New Mountain Capital for $7.1 billion in a bid to accelerate its software business. The price of bitcoin has been wildly volatile this week, and earlier in the day fell below $49,000, roughly 25% below recent peaks amid reports of forced liquidation and fears about capital-gains taxes. The cryptocurrency was back above $50,000 by the time the stock market closed in New York.