Roundup: Hospitalizations jump / ExxonMobil earnings / Apple market value 

    COVID-19: The number of patients hospitalized with the coronavirus in Louisiana more than doubled over the past week, climbing to its highest point in over three months, WBRZ-TV reports. The Louisiana Department of Health announced today that statewide hospitalizations spiked to 1,106 over the New Year’s holiday weekend, up from 762 on Dec. 30, and 514 one week ago. The last time Louisiana reported more than 1,100 COVID patients in hospitals was Sept. 23, as the state was in the middle of its fourth coronavirus surge. Read more. 

    Estimates raised: ExxonMobil’s fourth-quarter profit should top Wall Street’s consensus and surpass its pre-pandemic levels, lifted by better-than-expected earnings from oil and gas, Reuters reports. Credit Suisse, Scotiabank and JPMorgan have raised their fourth-quarter earnings estimates following Exxon’s flagging of sharply higher oil and gas operating profit last week. Read more. 

    $3T: Apple became the first U.S. company to reach $3 trillion in market value, the latest milestone in a pandemic-era surge that carried shares of the iPhone maker and other large technology companies to unprecedented highs. Apple shares crossed the milestone when they topped $182.856 on Monday. Read more from The Wall Street Journal.