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What's happening in the digital world.

Alphabet and Facebook rise after Microsoft reports surprisingly strong advertising revenue

LinkedIn and search advertising revenue were higher than Microsoft had called for in October.
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GameStop jumps after hours as Elon Musk tweets out Reddit board that's hyping stock

Shares of GameStop, which jumped 92.7% in trading, were up more than 60% in after-hours trading.
Read more: GameStop jumps after hours as Elon Musk tweets out Reddit board that’s hyping stock

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AMD beats, driven by game console and PC sales

Shares of AMD are up 85% over the past year.
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Microsoft reports 17% revenue growth as cloud business accelerates

While the introduction of Xbox consoles in the quarter brought down Microsoft’s operating margin, server and cloud growth made the decline better than expected.
Read more: Microsoft reports 17% revenue growth as cloud business accelerates

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Etsy shares jump after Elon Musk tweets he 'kinda loves' the e-commerce company

Also on Tuesday, Jefferies raised its 12-month price target on Etsy to a Street high of $245 per share.
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Everything You Should Know About PPP Loan Forgiveness for Small Businesses

Click to view a price quote on PFE.
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Facebook starts rolling out Facebook News to UK users and paying publishers for content

Facebook announced it will start rolling out its Facebook News product in the U.K. on Tuesday, and will pay publishers for their content.
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HBS MBA Students Take Part in Inaugural John R. Lewis Racial Justice Case Competition

Read more: HBS MBA Students Take Part in Inaugural John R. Lewis Racial Justice Case Competition

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Biden plans to replace government fleet with electric vehicles

The government is a major purchaser of vehicles. However, replacing such a fleet with EVs assembled domestically will be costly and take time.
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Apple taps hardware chief to lead new mystery project

Apple did not mention what project Riccio would work on in its announcement.
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