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☆ Rivian CEO RJ Scaringe on Q1 results, R2 production timeline and state of EV market
▼ + stars: | 2024-05-08 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRivian CEO RJ Scaringe on Q1 results, R2 production timeline and state of EV marketCNBC’s Phil LeBeau and Rivian CEO RJ Scaringe join 'Squawk Box' to discuss the company's quarterly earnings results, state of the EV market, company product pipeline, expansion of its charging network, and more.

Persons: RJ Scaringe, Phil LeBeau Organizations: EV

☆ Domino’s know its customers are tired of tipping. So it’s trying to encourage more tipping
▼ + stars: | 2024-05-01 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +4 min

Domino’s launched a promotion that rewards customers with $3 off a future online delivery order for every $3 or more they tip a Domino’s delivery driver. Domino’s “You Tip, We Tip” deal runs through mid-September. “Domino’s wants to say ‘thanks for the tip’ by tipping you back.”The promotional strategy serves several purposes for Domino’s. Tip fatigue is a problem for both Domino’s delivery drivers, who make a meaningful portion of their income from tips, and Domino’s business model. Domino’s delivery drivers’ pay is linked to tips.

Persons: Domino’s, Tip, “, ”, “ Domino’s, Kimberly Whitler, RJ Hottovy, “ It’s, ” Domino’s, Jayaraman Organizations: New, New York CNN, Domino’s, University of Virginia’s Darden School of Business Locations: New York, Florida

☆ Say goodbye to Ruby Tuesday and Chili’s. These are the hot new restaurants at the mall
▼ + stars: | 2024-04-28 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +5 min

As anchor department stores left malls, so did some name-brand chains like Ruby Tuesday, Chili’s, Applebee’s and others. What’s taking their place illustrates a large shift in US tastes: There’s a boom in smaller and regional restaurant chains with a local following. At the same time, many national chains are prioritizing drive-thru locations over their sit-down restaurants in malls. Chick-fil-A restaurants were only located in mall food courts for the company’s first 20 years. “Traditional mall restaurants were casual dining chains like Chili’s, TGI Fridays, and quick-service restaurants in food courts.

Persons: Ruby, What’s, Paul Hennessy, ”, Chris Simms, Simms, Gabby Jones, Mark Hunter, CBRE, RJ Hottovy, ” Hottovy, David Kim, ” Kim, It’s Organizations: New, New York CNN, Anadolu Agency, Getty, “, Food, JCPenney, Nordstrom, Green, Westfield Garden, Bloomberg, Deloitte, NV Locations: New York, Applebee’s, Orlando , Florida, Paramus , New Jersey, United States, Greenbriar, Atlanta, Korean, Henderson

☆ RJ Barrett: Brother of Toronto Raptors forward dies, team says
▼ + stars: | 2024-03-15 | by ( Jacob Lev | ) edition.cnn.com time to read: +1 min

CNN —The younger brother of Toronto Raptors forward RJ Barrett has died, the family announced via the team on Thursday. The Raptors and Canada Basketball shared a statement from the Barrett family saying Nathan Barrett died Tuesday, “surrounded by his family, church and friends.”No cause of death was given. The 23-year-old RJ Barrett, who was born in Toronto, was drafted with the third pick in the 2019 NBA Draft by the New York Knicks out of Duke University. Barrett was traded to the Raptors in December and is averaging 19.5 points, 5.3 rebounds and 3.2 assists per game this season. Barrett did not play in the Raptors’ 113-104 loss to the Detroit Pistons on Wednesday night.

Persons: RJ Barrett, Barrett, Nathan Barrett, ”, “ Nathan, Rowan, ” “ Organizations: CNN, Toronto Raptors, Raptors, Canada Basketball, New York Knicks, Duke University, Detroit Pistons, Orlando Magic Locations: Toronto

☆ You can watch movies under the stars using the projector built into the 'treehouse' tent for Rivian's R2 and R3 models
▼ + stars: | 2024-03-11 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +2 min

Rivian will sell a rooftop tent with a built-in projector for its new models, TechCrunch reported. The tent, called "Treehouse," will be sold as an accessory to its upcoming R2 and R3 models, TechCrunch reported. AdvertisementThe Rivian Treehouse is our take on the rooftop tent. The EV maker is taking $100 preorders for the R2 SUV, with prices for the vehicle starting at $45,000. AdvertisementOwners can also camp inside the R2 SUV as every seat can be folded down.

Persons: Rivian, —, Rivian's, Brian Gase, Gase, lanning Organizations: TechCrunch, EV, Service

☆ Rivian pulled off a Steve Jobs moment with its surprise announcements
▼ + stars: | 2024-03-08 | by ( Camilo Fonseca | ) www.businessinsider.com time to read: +2 min

Rivian's "one more thing" was a nod to Steve Jobs' habit of teasing a last product reveal at events. Scaringe stunned his audience with the reveal of the R3 midsize crossover, catching the audience by surprise. That comment — and perhaps the whole surprise reveal — was a thinly veiled reference to Apple cofounder Steve Jobs' habit of making last-minute product announcements, introducing "one more thing" after seemingly finishing his keynote speech. AdvertisementBut the R3 wasn't the only surprise that Scaringe had up his sleeve, who added that "there's one more thing." The Rivian R3X performance variant Elliot Ross Studio, INCWith his double-surprise reveal, Scaringe seems to have taken Jobs' penchant for theatricality to heart.

Persons: RJ Scaringe, Steve Jobs, Scaringe, —, Rivian, Tim Cook's, Elliot Ross Organizations: Service, Apple, Apple Watch, Air, MacBook, Elliot Ross Studio, INC

☆ Pharmaceutical companies behind weight-loss drugs are slimming down a new target: The Magnificent 7
▼ + stars: | 2024-03-08 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at pharma companies' surging stocks and threatening tech darlings thanks to their weight-loss drugs. And it comes despite only 1% of US adults taking weight-loss drugs, according to Bank of America , which predicts that number could rise to 15% by 2035. Weight-loss drugs are also cutting more than just fat. For Wall Street, meanwhile, the equation is much simpler: Getting more people on weight-loss drugs boosts the economy. The trend, which will be powered by cash-rich mega-cap tech companies, is thanks to strong earnings growth, the bank said.

Persons: —, Joe Biden, Donald Trump —, Trump, Zhan, Eli Lilly, Tesla, Hannah Latham, Octavio Jones, Christian Rodriguez, Laura MacPherson, Jenny Chang, Rodriguez, they're, Goldman Sachs, Biden, Barry Sternlicht, Fernando Gutierrez, It's, Elon Musk, TikTok, Pete Ryan, RJ Scaringe, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb, George Glover Organizations: Service, pharma, Business, Tesla, Microsoft, JPMorgan, Pfizer, Novo Nordisk, Bank of America, Nvidia, Companies, Fed, Infrastructure Investment, Alpha, Commission, Elon, EV, Nike, Congress, White, Meta, SXSW Locations: China, US, New York, London

☆ Rivian shares surge as company reveals new EV models, $2.25 billion in cost savings
▼ + stars: | 2024-03-07 | by ( Michael Wayland | ) www.cnbc.com time to read: +3 min

Rivian CEO RJ Scaringe, in announcing the company's upcoming R2 SUV, also revealed two additional crossovers called the R3 and R3X, a performance variant. The Rivian R3 electric vehicle is unveiled at the Rivian South Coast Theater in Laguna Beach, California, on March 7, 2024. The Amazon -backed company has been burning through cash to improve current EV production and narrow losses. Shifting production of the R2 from the in-development plant in Georgia to the company's plant in Normal, Illinois, will save $2.25 billion, Rivian said in a press release. Rivian CEO RJ Scaringe speaks at an event to unveil a smaller R2 SUV during an event in Laguna Beach, California, U.S., March 7, 2024.

Persons: RJ Scaringe, Mike Blake, It's, Patrick T, Fallon, CNBC's Phil LeBeau, Scaringe, Rivian Organizations: Reuters, Rivian Automotive, Coast Theater, AFP, Getty Locations: Laguna Beach , California, U.S, Georgia, Normal , Illinois

☆ Wall Street is loving AI while Big Tech is warning employees about how they use it
▼ + stars: | 2024-02-23 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at Wall Street's love affair with Nvidia (and AI) while Big Tech still grapples with how to use the tools . Since Nvidia's GPUs sit at the center of the AI revolution, the company's success suggests the hype around the tech is warranted. One issue is bias showing up in AI tools . AdvertisementInternal documents show that Amazon is warning its employees not to use third-party generative AI tools for work , BI's Ashley Stewart and Eugene Kim report. It's an interesting acknowledgement of the risks involved with using AI tools — especially when Amazon is pitching its own chatbot to customers .

Persons: —, It's, Michael M, Tyler Le, it's, Matthew Fox, Wall, Jensen, Kathleen Brooks, XTB, BI's George Glover, Chelsea Jia Feng, — ChatGPT, Monica Melton, BI's Ashley Stewart, Eugene Kim, Paul Morigi, Jenny Chang, Rodriguez, Goldman, Joe Duran, Jensen Huang, Huang, Reddit, Sam Altman, Elon Musk, Gemini, isn't, RJ Scaringe, Rivian, Scaringe, Steve Conine, Niraj Shah, Lucas Jackson, Wayfair, Bruce Dixon, they'd, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Grace Lett Organizations: Service, Nvidia, Big Tech, Getty, Nasdaq, Nikkei, GameStop, SEC, CNBC, EV, Warner Bros Discovery Inc, Hyatt Hotels Locations: Paul, New York, London, Chicago

☆ Rivian's CEO can't seem to give a clear answer whether the company has enough money to build its next vehicle
▼ + stars: | 2024-02-22 | by ( Aaron Mok | ) www.businessinsider.com time to read: +3 min

Rivian CEO RJ Scaringe skirted questions on whether the EV maker has enough cash to produce the R2. Scaringe told CNBC he's "confident" in the capital Rivian has through 2025. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Rivian reported a loss of $5.4 billion in 2023 despite delivering twice as many EVs compared to the previous year.

Persons: RJ, Scaringe, CNBC he's, —, Rivian Organizations: CNBC, Service, EV, Bloomberg Locations: Rivian

☆ Rivian CEO RJ Scaringe: We will be positive gross margin by Q4 2024
▼ + stars: | 2024-02-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRivian CEO RJ Scaringe: We will be positive gross margin by Q4 2024CNBC’s Phil LeBeau and Rivian CEO RJ Scaringe join 'Squawk Box' to discuss the company's quarterly earnings results, 2024 production guide which widely missed Wall Street estimates, slowdown of the EV market at large, the company's growth outlook, and more.

Persons: RJ Scaringe, Phil LeBeau

☆ Jim Cramer says 'people are traveling' and he likes this cruise stock and this airline
▼ + stars: | 2024-02-22 | by ( Matthew J. Belvedere | ) www.cnbc.com time to read: +1 min

Boeing, the leadership from the top is the only leadership government cares about," Jim Cramer said Thursday. Dow stock Boeing was down slightly. Etsy : Shares of the online marketplace for handmade goods dropped 8% on an earnings miss and a softer-than-expected guide. "I have nothing but good things to say about Royal Caribbean," Jim said. "People are traveling," he said, adding he likes Southwest Airlines here.

Persons: Jim Cramer, Cramer, Jim, RJ Scaringe, Scaringe Organizations: Boeing, Max, Dow, plummetted, Royal, Southwest Airlines Locations: Caribbean

☆ Rivian workers won't be getting much sleep tonight
▼ + stars: | 2024-02-22 | by ( Grace Kay | Grace Eliza Goodwin | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewRivian left thousands of its workers in limbo after announcing it was laying off 10% of its salaried staff on Wednesday. AdvertisementIn an email to BI, Rivian did not specify exactly how many salaried staff members would be cut, but said that it has 16,700 total employees, including both salaried and hourly workers. High interest rates, slowing demand, and pressure from Tesla's pricing strategy have put pressure on the US electric car market. "Most notably the impact of historically high interest rates which has negatively impacted demand."

Persons: —, RJ Scaringe, they'd, Scaringe, Rivian, didn't Organizations: Service, Business, Ford, General Motors

☆ Rivian and Lucid shares plunge after weak EV earnings reports
▼ + stars: | 2024-02-22 | by ( Ryan Anastasio | ) www.cnbc.com time to read: +2 min

Shares of electric vehicle makers Rivian and Lucid plummeted Thursday after the companies reported disappointing results and stagnant production in their fourth-quarter earnings after the bell Wednesday. Rivian forecast it will make 57,000 vehicles in 2024, slightly less than the 57,232 vehicles the company produced last year. Rivian and Lucid make up a fraction of EV sales compared with the industry leader, Tesla. A Cox Automotive analysis found that Rivian accounted for just over 4% of EV sales in 2023, while Lucid made up 0.5%. Electric truck maker Nikola reported worse-than-expected revenue and a slightly better-than-expected loss per share in its earnings Thursday.

Persons: Lucid, RJ Scaringe, Peter Rawlinson, EVs, Tesla, Nikola, — CNBC's Michael Wayland Organizations: Wall, LSEG, Cox, EV Locations: Saudi Arabia

☆ Rivian employees have to wait overnight to hear if they're being laid off. HR experts say the tactic has few benefits.
▼ + stars: | 2024-02-22 | by ( Shubhangi Goel | Sawdah Bhaimiya | ) www.businessinsider.com time to read: +5 min

NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementKeeping the attention focusedOne HR professional told Business Insider that the staggered announcements might be the company's way of keeping its attention focused. "The benefit is the next day the entire focus of communication and support is dedicated to the separating employees," Varelas told BI. Drawbacks to making employees wait overnight to hear if they've been laid offHowever, it is a less than ideal way to conduct layoffs because it worries both retained and separated employees, Varelas said.

Persons: —, RJ Scaringe, Elaine Varelas, Varelas, Rob Smedley, Freeths, Smedley, they'd, they've, Gearalt Fahy, Womble Bond Dickinson, Fahy, Michael Doolin, Dooley, Rivian Organizations: Service, Business, Keystone Partners, Google, Clover Locations: Southern California

☆ Rivian's future hinges on its upcoming R2 — here's what we know about the EV and why it's so important
▼ + stars: | 2024-02-22 | by ( Nora Naughton | ) www.businessinsider.com time to read: +3 min

We'll learn more about the R2 at Rivian's March 7 reveal event. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Debuting next month, the R2 is a crucial piece of Rivian's future as a smaller and cheaper option for a new wave of EV customers. The R2 is currently slated to sell for between $45,000 and $55,000 — which Scaringe called a "really important sweet spot" in the EV market. DeliveriesAfter the March 7 reveal, Rivian will open up pre-orders for the vehicle and begin taking deposits.

Persons: —, RJ Scaringe, Rivian, Rivian hasn't, Scaringe Organizations: Rivian's, Service, Tesla, Volkswagen Locations: Georgia

☆ Rivian is laying off 10% of its salaried workers amid challenges
▼ + stars: | 2024-02-21 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +2 min

CNN —Rivian announced Wednesday that it will lay off 10% of its salaried workers beginning Thursday morning, amid a quarterly loss and an increasingly competitive EV market. Rivian has a total of 16,700 employees but would not disclose how many of those are considered salaried employees. Rivian has previously, on two different occasions, laid off 6% of its workforce, as the company has looked to reduce its losses. Sales of electric vehicles has not expanded as rapidly in the past year as it had before, and automakers have blamed high interest rates for some of that slow-down. Scaringe boasted that Rivian produced the best-selling electric vehicle over $70,000 last year.

Persons: CNN — Rivian, RJ Scaringe, Rivian, Tesla Organizations: CNN, Ford, Tesla, Scaringe Locations: California

☆ Rivian is slashing 10% of staff. Read the email it sent to its workers.
▼ + stars: | 2024-02-21 | by ( Grace Eliza Goodwin | Grace Kay | ) www.businessinsider.com time to read: +5 min

Despite doubling its EV deliveries in 2023, Rivian reported a $5.4 billion loss for the year. In an email to Business Insider, Rivian did not specify exactly how many salaried staff members would be cut, but said that it has 16,700 total employees, including both salaried and hourly workers. Here's the full email that Rivian CEO RJ Scaringe sent out to staff on Wednesday, announcing that layoffs would be coming on Thursday. Tomorrow, we're reducing our salaried employees by approximately 10% along with a limited number of non-manufacturing hourly employees. Also, anyone impacted tomorrow will still be eligible for our FY'23 bonus.

Persons: Rivian, Claire McDonough, Jacob Bourne, Bourne, Tesla, Scaringe, RJ Scaringe Organizations: Bloomberg, Business, Intelligence, Ford, General Motors, Dealers

☆ Rivian stock falls as EV maker reports fourth-quarter results, announces 10% job cuts
▼ + stars: | 2024-02-21 | by ( ) www.cnbc.com time to read: +2 min

Rivian's cash and cash equivalents were $7.86 billion at the end of the December quarter, compared with $7.94 billion in the preceding three-month period. However, revenue for the October-December period stood at $1.32 billion, above Wall Street estimates of $1.26 billion, according to LSEG data. Rivian has been posting a loss on every vehicle it sells and expects to record its first quarter of positive gross margin later this year. The company's R2 platform, which is expected to be cheaper and smaller, is set to be unveiled early next month. The company reported a net loss of $1.52 billion for the fourth quarter ended Dec. 31, compared with a loss of $1.72 billion a year earlier.

Persons: Rivian, RJ Scaringe, Elon, shying, Tesla, Lucid Organizations: Visible, Tesla Locations: New York, Georgia

☆ There's still time to plan next weekend's travel
▼ + stars: | 2024-02-10 | by ( Joi-Marie Mckenzie | Jordan Parker Erb | ) www.businessinsider.com time to read: +5 min

NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . I'm Joi-Marie McKenzie, the editor in chief of Life at Business Insider and your new Saturday anchor. Emily HartDispatchThere's still time to plan next weekend's travelRaise your hand if you're taking advantage of the upcoming Presidents’ Day weekend. If you’re like me and forgot to plan an amazing three-day vacation, don’t worry.

Persons: —, I'm Joi, Marie McKenzie, Let's, Emily Hart, There's, There’s, it’s, Richard Chance, Anthony Farrer, Farrer, Reed Hoffmann, Ed Zurga, RJ Sangosti, Rebecca Zisser, Taylor Swift, Swift, Andrea Chronopoulos, DINK, Tyler Le, John Goodman, Goodman, Dan Conner, Roseanne, ”, Walter Sobchak, he’d, Coen, Gilles Mingasson, Peacock, Adrienn Szabo, Abbott, Quinta Brunson's, dino, Joi, Dan DeFrancesco, Jordan Parker Erb Organizations: Business, Service, ’, Amtrak, MediaNews, Kansas City Chiefs, Super, Polygram, Entertainment, Universal Pictures, Circle Films, Paramount, Hulu Locations: Florida, Alaska, St, Lucia, Amtrak’s, American, New York

☆ Gauging the risk of contagion from NYCB and commercial real estate woes
▼ + stars: | 2024-02-09 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +7 min

The latest concern threatening regional banks started on Jan. 31, when New York Community Bancorp. reported unexpected fourth quarter loss and a large loan loss reserve against futures losses, due in part to the bank's commercial real estate (CRE) exposure. One worry is that the NYCB credit downgrade could spur ratings agencies to take a closer look at other banks, or cause clients to again pull deposits out of regional banks. Determining exactly how unique NYCB's exposure to commercial real estate is will be a key focus for investors and analysts in coming weeks. A note on Wednesday from Wolfe Research analysts focused on banks and commercial real estate showed that regional banks have in general reduced their commercial real estate exposure over the past 15 years.

Persons: NYCB, Ian Lyngen, hasn't, Lyngen, D.A, Davidson, Peter Winter, Winter, Macrae Sykes, Banks, They're, Sykes, Wells Fargo, Jerome Powell, Bond, Tom Fitzpatrick, RJ O'Brien, Fitzpatrick, — CNBC's Michael Bloom Organizations: Investors, New York Community Bancorp, Moody's, Street, Silicon Valley Bank, BMO, Treasury, Wolfe Research, UBS, Gabelli, CNBC Locations: Silicon, Wells

DETROIT (AP) — The New York Knicks picked up some needed scoring punch Thursday, acquiring Alex Burks and Bojan Bogdanovic from the Detroit Pistons. The Knicks sent Quentin Grimes, Evan Fournier, Malachi Flynn, Ryan Arcidiacono and two second-round picks to the Pistons in the deal before the NBA's trade deadline. They found it in Burks, who played well in a previous stint for the Knicks, and Bogdanovic, a reliable outside shooter. Bogdanovic is averaging 20.2 points and shooting 41.5% from 3-point range. The Pistons, who have the worst record in the league, were busy ahead of the trade deadline.

Persons: Alex Burks, Bojan Bogdanovic, Quentin Grimes, Evan Fournier, Malachi Flynn, Ryan Arcidiacono, Julius Randle, Mitchell Robinson, Immanuel Quickley, RJ Barrett, Burks, ”, Leon Rose, Bogdanovic, “ Alec, Anunoby, Grimes —, Fournier, Simone Fontecchio, Kevin Knox II, Gabriele Procida, Killian Hayes, Hayes, didn't, Jaden Ivey, Marcus Sasser, Brian Mahoney, ___ Organizations: DETROIT, New York Knicks, Detroit Pistons, Knicks, Pistons, Anunoby, NBA, ” Knicks, Eastern Conference, Boston, The Pistons, Utah Jazz, Associated Press, Detroit Locations: Toronto, Detroit's, Sacramento, Bogdanovic, Cleveland, Milwaukee, New York

CHARLOTTE, N.C. (AP) — RJ Barrett scored 23 points, Jakob Poeltl had two big plays in the final minute and the Toronto Raptors overcame a career-high 45 points from Miles Bridges to beat Charlotte 123-117 and hand the Hornets their ninth straight loss on Wednesday night. Scottie Barnes, who learned before the game he'll play in his first All-Star game as an alternate, finished with 18 points for the Raptors. Bridges is only the fourth Charlotte player to have back-to-back 40-point games, joining Glen Rice (twice), Kemba Walker and Terry Rozier. The Hornets bolted to a 36-29 lead after the first quarter behind 15 points from Bridges, who was 5 of 5 from the field including three 3-pointers. Bridges was even better in the third quarter with 21 points on 9-of-10 shooting, helping the Hornets carry a 97-91 lead into the final quarter.

Persons: CHARLOTTE, — RJ Barrett, Jakob Poeltl, Miles Bridges, Scottie Barnes, Immanuel Quickley, Poeltl, Bridges, Glen, Kemba Walker, Terry Rozier, Brandon Miller, Barrett, Gary Trent Jr, ___ Organizations: Toronto Raptors, Charlotte, Raptors, Los Angeles Lakers, Glen Rice, Hornets, Barrett Locations: N.C, Bridges, Toronto, Austria, Bucks

ATLANTA (AP) — Naithan George scored a go-ahead layup with 7.7 seconds remaining and Georgia Tech beat No. 3 North Carolina 74-73 on Tuesday night to end the Tar Heels' 10-game winning streak. North Carolina called a timeout with 4.6 seconds remaining, but Davis missed a last-second jumper, prompting Georgia Tech fans to celebrate by rushing onto the court. Georgia Tech claimed its third home win over a Top 25 team after beating No. Georgia Tech: Visits North Carolina State on Saturday.

Persons: — Naithan George, RJ Davis, George, Davis, Georgia Tech's Ebenezer Dowuona, Kyle Sturdivant, Miles Kelly, Cormac Ryan, Kelly, Sacko, Elliot Cadeau, Harrison Ingram's, Jalen Washington, Harrison Ingram, Baye, Dowuona, Duke, ___ Organizations: ATLANTA, Georgia Tech, Carolina, North, Atlantic Coast Conference, ACC, Mississippi State, Heels, Jackets, North Carolina, Southern Conference, Saturday . Georgia Tech, North Carolina State, AP Locations: North Carolina, Georgia, Carolina

ATLANTA (AP) — Saddiq Bey dunked in a Trae Young miss with 1.1 seconds left to lift the Atlanta Hawks to a 126-125 win over the Toronto Raptors on Sunday night. The Raptors had taken a one-point lead when a Young turnover in the backcourt led to a Scottie Barnes dunk with seven seconds remaining. Young had 30 points and 12 assists as the Hawks overcame a night where they shot just 6 for 27 (22%) from 3. Clint Capela finished with 19 points and 14 rebounds for Atlanta and Jalen Johnson had 17 points and 12 rebounds. Atlanta finished with a 76-52 advantage in points in the paint and outrebounded the Raptors 51-46.

Persons: — Saddiq Bey dunked, Scottie Barnes, Bey, Young, Clint Capela, Jalen Johnson, RJ Barrett, Immanuel Quickley, Jakob Poeltl, Jordan Nwora, Gary Trent Jr, Dejounte Murray, soreness, ___ Organizations: ATLANTA, Atlanta Hawks, Toronto Raptors, Raptors, The Raptors, Hawks, Atlanta, Pacers, Toronto, Sunday, Bulls, Lakers

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