What to Watch Ahead of the Close Thursday: Coronavirus, Twitter and New York Times

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Whew. 

Is it Friday yet?

Before you pack up and head home, here are some stories to read up on ahead of the closing bell Thursday.

The first is the coronavirus.

This afternoon, the Chinese doctor who had originally tried to sound the alarm on the Wuhan virus died, according to several state media reports.

The doctor, who was 34-years-old and working in Wuhan, warned others about the virus on December 30.

He was diagnosed with the virus on Feb. 1, after a hospital stint that had started on Jan. 12.

According to the World Health Organization, the latest number of confirmed cases comes in at 28,275. 28,000 of those cases are in China.

There have been 565 deaths so far, with all but two in China--one in the Phillippines and one in Hong Kong.

The Princess Cruises cruise ship, which is quarantined off of a coast in Japan, now has 20 total confirmed cases of the virus, which includes three Americans.

And then American Airlines extended its cancellations of flights to Hong Kong from Los Angeles through March 27.

It will resume flights to Hong Kong from the Dallas/Fort Worth hub on Feb. 21.

We’ll keep you updated on the story as it develops.

And, finally, let’s take a look at some of the biggest earnings today.

We heard from Twitter and the New York Times.

Let’s start with Twitter.

Going into the close, Twitter was soaring after it beat earnings expectations. The stock posted revenue of $1 billion, beating estimates fo $996 million.

Management also said that it was making platform tweaks to ensure healthy and appropriate conversation amongst users during the 2020 election.

Then there’s the New York Times, which posted better-than-expected earnings estimates.

The company posted adjusted earnings per share if 43 cents, which came in well ahead of analysts' expectations of 29 cents a share.

Revenue rose to $508 million, ahead of the $502 million FactSet consensus.

The company also said it added more than a million net new total-digital only subscriptions in 2019, and has 5.25 million subscribers as of year-end.

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