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PHILADELPHIA (AP) — Philadelphia 76ers team president Daryl Morey expressed optimism on Friday that reigning NBA MVP Joel Embiid would return from a knee injury in time for a possible postseason run. “We're hopeful,” Morey said before the 76ers hosted the Atlanta Hawks and three days after Embiid underwent surgery on his left knee. The initial report from the 76ers said that Embiid would be “re-evaluated” in four weeks. Morey declined to describe the exact procedure that Embiid had, which would have provided a clue to the significance of the injury. “Our priority was to get a big, but we wanted to add to our playoff rotation this year,” Morey said.

Persons: Daryl Morey, Joel Embiid, “, ” Morey, Embiid, Joel, ”, Morey, Jonathan Kuminga, Paul Reed, Buddy Hield, Cameron Payne, Patrick Beverley, Furkan Kourkmas, Jaden Springer, Marcus Morris Sr, Hield, Tyrese Maxey, Payne, Maxey, ___ Organizations: PHILADELPHIA, — Philadelphia 76ers, NBA, 76ers, Atlanta Hawks, Golden State, Philadelphia, Milwaukee, Hawks Locations: Danuel, Boston, Philadelphia

☆ Five Black Romantic Movies to Stream
▼ + stars: | 2024-02-09 | by ( Robert Daniels | ) www.nytimes.com time to read: +1 min

Much like Blackness is not monolithic, neither is Black love. The relationships in this collection range from young passions to midlife romance, and the types of movies range from glossy studio pictures to vital queer indies. That prospect would be easier if Harper, a writer, didn’t base his new book off his friends’ lives. Composed of a deep ensemble — Terrence Howard, Sanaa Lathan and Regina Hall included — the film follows multiple relationships as these adult friends confront their romantic futures through biting humor and unflinching honesty. And thankfully, it kicked off a charming romantic film and TV franchise.

Persons: —, ‘, It’s, Harper Stewart, Taye Diggs, Morris Chestnut, Mia, Monica Calhoun, Harper, didn’t, ’, Nia Long, Terrence Howard, Sanaa Lathan Organizations: Regina Hall Locations: New York City

ATLANTA (AP) — Bill Belichick made no demands for additional authority during his two interviews with Atlanta in the coach search that led to the hiring of Raheem Morris, according to Falcons owner Arthur Blank. Speaking for the first time on Friday about the search, Blank said Belichick did not request control of player personnel, as was widely speculated. Belichick had player personnel control in New England. Blank said he was impressed by the experience Morris, a former Atlanta assistant coach, gained with the Rams. “I would never, ever feel slighted ... for what people would feel about coach Belichick, right?”Blank was ill and did not attend Monday's news conference.

Persons: — Bill Belichick, Raheem Morris, Arthur Blank, Blank, Belichick, Morris, Don Shula’s, “, ”, who’s, ” Blank, “ Bill Belichick, Terry Fontenot, Rich McKay, Fontenot, McKay, ” Morris, ” Belichick, Arthur Smith, “ I’ve, ___ Organizations: ATLANTA, Atlanta, Falcons, New England Patriots, Los Angeles Rams, of Fame, Tampa Bay Buccaneers, MLS Atlanta United, Blank, Rams, Patriots, Pittsburgh Steelers, Super Locations: New England, Atlanta

☆ Cloudflare stock jumps 21% on earnings beat as the company wins larger deals
▼ + stars: | 2024-02-08 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

The company's net loss of $27.9 million, or 8 cents per share, narrowed from $45.9 million in the year-ago quarter. On a conference call with analysts, Prince mentioned business from the U.S. Commerce Department. Analysts surveyed by LSEG had expected 12 cents per share in adjusted earnings and revenue of $372.3 million. The company sees 58 cents to 59 cents in adjusted earnings per share and revenue from $1.648 billion to $1.652 billion. Analysts polled by LSEG were looking for 56 cents in adjusted earnings per share and $1.652 billion in revenue.

Persons: Matthew Prince, David Paul Morris, Cloudflare's, Cloudflare, Prince, Mark Anderson, Marc Boroditsky, Michelle Zatlyn wouldn't, LSEG Organizations: Cloudflare Inc, Bloomberg, Getty, LSEG, U.S . Commerce Department, Clearlake Capital, Insight Partners Locations: San Francisco , California, Israel

☆ Zyn is selling their nicotine pouches like hotcakes
▼ + stars: | 2024-02-08 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +3 min

New York CNN —Move over vapes, Americans appear to have a new addiction: Zyn, a tobacco-free nicotine pouch product, that has exploded in sales over the past year. Philip Morris announced Thursday that it shipped about 350 million cans of Zyn in 2023, a whopping 62% growth compared to the previous year. Nicotine is very addictive and can harm young people’s developing brains, according to the US Centers for Disease Control and Prevention. However, like Juul, the popularity and growth of Zyn might face difficulties, in particular from US government. “Zyn is the next battle.”Despite the growth, shares of Phillip Morris declined 2% in early trading because of lower demand for cigarettes.

Persons: Philip Morris, Chuck Schumer, Zyn, “, ” Schumer, “ Zyn, ”, Phillip Morris, Jacek Olczak, ” Olczak, CNN’s Carma Hassan Organizations: New, New York CNN, Marlboro, US Centers for Disease Control, FDA, Federal Trade Commission, Food and Drug Administration, Tobacco, Swedish Locations: New York, vapes, Marlboro

WASHINGTON (AP) — The National Guard still has enough money on hand to complete the training of Ukrainian pilots on F-16 fighter jets despite the U.S. running out of funds to send additional weapons and assistance to Kyiv, the head of the Guard Gen. Dan Hokanson said Thursday. President Joe Biden announced in August that the U.S. would begin training Ukrainian pilots on the F-16, as part of a multi-national effort to provide Ukraine the advanced fighter jets. Pilot training began in October at Morris Air National Guard base in Tucson, Ariz. But the pilot training has been able to continue, Hokanson said. “We do have the resources to continue the training that’s already started,” Hokanson said, and get that initial tranche completed this year.

Persons: Dan Hokanson, Joe Biden, Hokanson, “, that’s, ” Hokanson Organizations: WASHINGTON, National Guard, U.S, Guard, Morris Air National Guard, House Republicans, Air Force Locations: Kyiv, U.S, Ukraine, Tucson, Ariz, Congress, Russia, Mexico, Ukrainian

PHILADELPHIA (AP) — The slumping Philadelphia 76ers have acquired guard Buddy Hield from the Indiana Pacers for Marcus Morris Jr., Furkan Korkmaz and three second-round draft picks, a person familiar with the decision told The Associated Press on Thursday. The Sixers also sent Daniel House and a 2024 second-round pick to the Detroit Pistons, the person said. The House trade creates $4.3 million in cap space as part of the traded player exception. The trades have opened salary cap and roster space for the Sixers to pursue a player on the buyout market. Hield has been one of the top 3-point shooters in the NBA for years in both volume and makes.

Persons: Buddy Hield, Marcus Morris Jr, Furkan Korkmaz, Daniel House, Daryl Morey, Joel Embiid, Hield, Tyrese Maxey, Maxey, ___ Organizations: PHILADELPHIA, Philadelphia 76ers, Indiana Pacers, Associated Press, Sixers, Detroit Pistons, NBA, 76ers, Pacers, Sacramento Kings, Utah Jazz

☆ Philip Morris CEO on Q4 earnings
▼ + stars: | 2024-02-08 | 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 EmailPhilip Morris CEO on Q4 earningsPhilip Morris CEO Jacek Olczak joins 'Money Movers' to discuss the company's quarterly earnings results, the growth prospects for Zyn, and whether the smoke-free market is growing.

Persons: Philip Morris, Jacek Olczak

☆ What Zyn's explosive growth means for Philip Morris
▼ + stars: | 2024-02-08 | 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 EmailWhat Zyn's explosive growth means for Philip MorrisMatthew Smith, Stifel analyst, joins 'The Exchange' to discuss what Zyn's explosive growth means for tobacco giant Philip Morris International, his expectations for the company, and more.

Persons: Philip Morris Matthew Smith, Philip Morris Organizations: Philip Morris International

“As there is no factual basis that could reasonably justify requiring opposing counsel and other employees to be a witness in the case, the State respectfully requests that the Court quash each of the subpoenas served,” Willis wrote. Among the Fulton County staff subpoenaed are Executive District Attorney Daysha Young and Deputy District Attorneys Sonya Allen and Dexter Bond. An attorney who represented Wade in his divorce proceedings as well as Wade’s personal and business records were also subpoenaed, according to Willis’ filing. Last month, Trump co-defendant Mike Roman and his attorney filed a motion to dismiss the case over allegations Willis had an improper romantic relationship with Wade and financially benefited by hiring him as a special prosecutor on the case. Because Defendant Roman cannot establish the necessity of any of the testimony or documents he has demanded, the subpoenas should be quashed,” she wrote.

Persons: Fani Willis, Donald Trump, ” Willis, Nathan Wade, Willis ’, —, Daysha Young, Sonya Allen, Dexter Bond, Wade, Mike Roman, Willis, ” Organizations: CNN, “, Fulton County, Trump Locations: Fulton County, Georgia

“What we’ve seen with the Taylor Swift tour is something that we’ve not really seen before,” said Richard Clarke, an analyst at investment firm Bernstein. Taylor Swift performs at the Staples Center in Los Angeles in 2015. From Taylor Swift On her birthday in 2019, Swift shared this photo of herself as a child. From Taylor Swift A 13-year-old Swift sings the National Anthem before an NBA game in Philadelphia in 2002. John Mabangalo/Pool/Getty Images Swift performs during a sold-out show at New York's Madison Square Garden in 2009.

Persons: Tokyo CNN —, Taylor, Travis Kelce, Taylor Swift, we’ve, ”, Richard Clarke, Bernstein, “ It’s, TikTok she’d, curating, Kane Ishiyone, Swift, –, Ishiyone, Richard A, Brooks, Clarke, “, that’s, Christopher Polk, Scott, Andrea Swift, Jesse D, Tim McGraw, Kevin Winter, John Mabangalo, Chad Batka, Bryan Bedder, Larry Busacca, Miley Cyrus, Lucas Till, Hannah Montana, Sam Emerson, Everett, Jonas, Frank Masi, I'm, West, Beyoncé, Jeff Kravitz, Lucy Nicholson, Christopher Morris, Josh Haner, Kevin Mazur, James Taylor, Charles Sykes, Matt Sayles, Mark J, Terrill, Invision, Jimmy Fallon, Douglas Gorenstein, Nicholas Harvey, Kanye West, Kim Kardashian, Laraine Newman, Bill Hader, Taran Killam, Kristen Wiig, Keenan Thompson, Fred Armisen, Kerry Washington, Betty White, Bradley Cooper, Dana Edelson, Andrea, Ethan Miller, Tim Boyles, Selena Gomez, Jordan Strauss, Mike Coppola, John Shearer, Andrew Lloyd Webber, Brandon Urie, Katy Perry, Republic Records Jack Antonoff, Aaron Dessner, Will Heath, Seth Wenig, Terence Rushin, David Eulitt, Mitsumasa Etou, Akazawa, haven’t, It’s, Michele Bullock Organizations: Tokyo CNN, People, Kansas City Chiefs, Taylor, Getty, Super Bowl, Chicago Bears, dateline, Vegas, Staples Center, NBA, of Country, Garden, New York Times, New York's Rockefeller Center, Walt Disney Co, Kanye, Madison, MTV, NBC, ACM, Academy of Country, New York's Metropolitan Museum of Art, Universal Pictures, Coachella, Republic Records, New York University, Arrowhead, Chiefs, NET, Tokyo City University, Fuji, Tokyo, Reserve Bank of Australia, Reuters Locations: Tokyo, Las Vegas, Philippines, Fukuoka, Japan, Germany, Austria, Netherlands, Shibuya, AFP, Asia, Washington, Las Vagas, Los Angeles, West Reading , Pennsylvania, Philadelphia, New York, Auburn Hills , Michigan, Newark , New Jersey, Pennsylvania, Frankfurt, London, Arlington , Texas, Tampa, Chicago, Atlanta, Kansas City , Missouri, Asia Pacific, Singapore, Australia, East Coast

It's a story increasingly familiar in the energy industry: Some utility companies don't properly assess the risks wildfires pose to their operations. The primary purpose is to prevent power lines from igniting a wildfire during periods of high fire danger. The lawsuit also alleges the company "inexcusably kept their power lines energized during the forecasted high-fire danger conditions." A PG&E utility worker locates a gas main line in the rubble of a home burned down by wildfire in Paradise, California, Nov. 13, 2018. Several of those agencies track statewide wildfire information, but most did not keep track of the names of utility companies associated with wildfire incidents.

Persons: Michelle Glogovac, Glogovac, Laurie Allen, Brent Jones, Allen, Jones, inexcusably, Michael Wara, Shelee Kimura, Yuki Iwamura, David Pomerantz, Pomerantz, Patti Poppe, It's, JOSH EDELSON, Warren Buffett's, Stanford's, CNBC's Brian Sullivan, David Paul Morris, Institute's Pomerantz, Tama Organizations: CNBC, Electric, Energy, Stanford University, Hawaiian Electric, AFP, Getty, Policy, Policy Institute, NV Energy, Warren Buffett's Berkshire Hathaway Energy, Bloomberg, Getty Images Locations: Paradise , California, Lahaina , Hawaii, Hawaii, Maui, Maui County, Lahaina, California, Nevada, Warren, — Arizona, California , Colorado, Hawaii , Montana , Nevada , New Mexico , Oregon , Utah, Washington, Arizona , New Mexico, Utah

☆ Shadow AI in the 'dark corners' of work is becoming a big problem for companies
▼ + stars: | 2024-02-07 | by ( Rachel Curry | ) www.cnbc.com time to read: +5 min

Known as shadow AI, this is the AI usage within a company that occurs "in dark corners," said Jay Upchurch, CIO of data analytics platform SAS. Shadow IT is nothing new, and shadow AI is the latest iteration of the phenomenon. The problem is that shadow AI is more complex, and more dangerous, than shadow IT was in the past. Remote users and cloud-based concernsEducation on the risks of shadow AI and the best ways to procure approval help, but they only go so far. Ultimately, Upchurch emphasizes that while shadow AI is very real, so is AI itself.

Persons: Jay Upchurch, Tim Morris, Tanium, Ameer Karim, Morris, Mike Scott, CISO, Scott, Karim, Upchurch, it's Organizations: SAS, Companies, Samsung, Microsoft

Guidepost didn't immediately respond to an email asking whether Morris & Dickson remains a client. Neither the DEA or Morris & Dickson immediately responded to a request for comment. While Morris & Dickson has managed to stay open, several of the pharmacies it supplied have closed, had their licenses revoked by the DEA or have been criminally prosecuted. Yet Morris & Dickson never suspended any shipments to the pharmacy. Over three years, it filed just three suspicious order reports to the DEA – none of which resulted in shipments being suspended.

Persons: Anne Milgram, Morris, Charles Dorman, Milgram's, Louis Milione, Milione, Morris & Dickson, Guidepost didn't, Dickson, ”, Katherine Pfaff, Judge Dorman, Wilkinson, Keith Wilkinson laundered, ___ Goodman Organizations: U.S . Drug, Morris, Dickson Co, Associated Press, AP, DEA, Morris & Dickson, Purdue Pharma, Guidepost Solutions, Morris &, Wilkinson Family Locations: Shreveport, La, New York, Morris, New Orleans, Miami, Mustian, Investigative@ap.org

NEW YORK (AP) — Kyrie Irving scored 36 points in a dazzling return to Brooklyn exactly one year after he was traded to Dallas, leading the Mavericks to a 119-107 victory over the Nets on Tuesday night. Luka Doncic had 35 points, 18 rebounds and nine assists as the Mavericks' guard tandem took turns hitting some deep 3-pointers in the second half when the Nets were trying to make a run. Doncic quickly shed the mask he began the game with to protect a nasal contusion and just missed his 10th triple-double of the season. Ben Simmons had nine points, nine rebounds and seven assists after sitting out a loss to Golden State on Monday. Rather, the Nets showed photos of Irving, Seth Curry and Markieff Morris on the overhead videoboard, welcoming the three former Nets back to Brooklyn before starting lineups were announced.

Persons: Kyrie Irving, Luka Doncic, Doncic, Irving, Vince Carter, Mikal Bridges, Royce O'Neal, Ben Simmons, Jason Kidd, Kevin Durant, Durant, Seth Curry, Markieff Morris, Jacque Vaughn, ___ Organizations: Mavericks, Nets, Brooklyn, Philadelphia, Golden State, COVID, Dallas, Visit, Cleveland Locations: Brooklyn, Dallas, New York City, New Jersey, New York, Visit New York

☆ The real June Hawkins from 'Griselda' served as a consultant on the Netflix show. Here's where she is today.
▼ + stars: | 2024-02-06 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +5 min

June Hawkins is a Miami PD analyst in "Griselda," the Netflix series starring Sofia Vergara. The real Hawkins worked in homicide for the Miami PD and consulted on the show. The real Hawkins-Singleton served as a consultant on "Griselda," working with her husband (and former colleague) Alan Singleton to recall the events of her investigation into Blanco, she told People. Hawkins-Singleton told Tudum that she only met Blanco once, and it was after she had stopped working on homicide. "Those lunches and those meetings with Smitten became the way we rekindled," Hawkins-Singleton told People.

Persons: Hawkins, Griselda, Sofia Vergara, Blanco, She's, —, Griselda Blanco's, Singleton, née Hawkins, Juliana Aidén Martinez, Alan Singleton, there's, Doug Miro, Vanity, Singleton's, Miro, Eric Reynolds, Elizabeth Morris, Netflix Hawkins, Tudum, Richard, Alan Organizations: Netflix, Miami PD, Service, Miami Police Department, Boynton Beach Police Department, Miami Locations: Miami, Cuba, Florida, Washington, Nashville

☆ 2 ocean-tech companies are competing in a multimillion-dollar race to find Amelia Earhart's wreckage. One says it may be near the finish line.
▼ + stars: | 2024-02-06 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +10 min

Read previewThe race is on to find the wreckage of Amelia Earhart's ill-fated final flight. Tony Romeo and his company, Deep Sea Vision, discovered an object of similar size and shape to Amelia Earhart's iconic plane, deep in the Pacific Ocean. Deep Sea VisionRomeo says he may have solved the mystery with his sonar scans. The same aircraft radio receiver used by Amelia Earhart was recreated by Nauticos as they researched Earhart's final transmissions. Deep Sea Vision now leases its equipment to other ocean explorers to continue funding its mission.

Persons: —, Amelia Earhart's, Tony Romeo, Earhart, Fred Noonan, Romeo, he's, we've, there'll, it'll, Lockheed Electra, Nauticos, Jeff Morris, Amelia Earhart, Morris, I'm, David Jourdan, Tony, You'll Organizations: Service, US Air Force, Business, Smithsonian, Lockheed, Lockheed Electra, Coast Guard, Topical Press Agency, Getty Locations: South Carolina, Howland, Hawaii, Australia, Connecticut, Itasca, Howland Island, Norwegian, Kongsberg

☆ Miss America no longer has to hide her significant other
▼ + stars: | 2024-02-05 | by ( Anneta Konstantinides | ) www.businessinsider.com time to read: +5 min

Read previewBoyfriends and fiancés no longer have to be kept secret if you're Miss America. "I'm just as proud being a fiancée as I am being Miss America," Marsh told BI. In "Secrets of Miss America," past winners Mallory Hagan, Savvy Shields Wolfe, and Betty Maxwell described the "anti-boyfriend" policies that were enacted by former CEO Sam Haskell, who resigned in 2017 after vulgar internal emails he wrote about past Miss America winners were leaked to the press. "It was made clear that Sam was in charge, and what he said went, and boyfriends were not allowed to exist when you're Miss America," she added. AdvertisementMarried women and mothers are now allowed to compete at Miss USA but are still unable to participate in Miss America.

Persons: —, Madison Marsh, Miss America, Marsh, Robin Fleming, Marsh texted Fleming, Walker Morris, Marsh's fiancé, Walker, Miss America Marsh, Mallory Hagan, Shields Wolfe, Betty Maxwell, Sam Haskell, Hagan, Isaac Brekken Wolfe, Sam, Maxwell, they're, Grace Stanke, Camille Schrier, Marsh's, William R, Lewis, she'll, I've Organizations: Service, Miss America, Miss, Business, Houston, Boston Opera, Miss America Organization, Associated Press, Miss USA, Air Force, Whitney Marsh Foundation, US Air Force Locations: It's, Miss, Miss America

☆ In ‘Last Days,’ Strange Sounds of Simultaneous Joy and Sadness
▼ + stars: | 2024-02-05 | by ( Hugh Morris | ) www.nytimes.com time to read: +1 min

Like, ‘Oh, are you being serious or are you not?’ No; I am deadly serious when I’m doing these things. I’m just chasing this strange feeling.”Leith’s way of talking about music is a lot like his actual music: blurry and discursive, but also precisely evocative. That strange feeling he’s chasing, for example, is one he compared to being at a wake, where “outward joy and outward sadness” are possible at the same time. Take his opera “Last Days,” which receives its U.S. premiere on Feb. 6 in Los Angeles as part of the Los Angeles Philharmonic’s Green Umbrella series. It is adapted from Gus Van Sant’s 2005 film of the same name, which fictionalizes the final days of Kurt Cobain.

Persons: Oliver Leith ., Leith, ” Leith, “, I’m, Gus Van Sant’s, Kurt Cobain Organizations: Los Angeles Locations: Los Angeles

ATLANTA (AP) — Raheem Morris wants to make the most of his second opportunity as the Atlanta Falcons' coach. Morris brought up the Super Bowl loss and said he will be motivated to bring Atlanta its first championship. “I would never, ever feel slighted ... for what people would feel about coach Belichick, right?”Team president Greg Beadles said Belichick “was obviously a serious candidate. “I do understand the importance of being the first Black coach in Atlanta history without an interim tag,” Morris said. “He’s got two rings,” Fontenot said of Morris, who also won a Super Bowl as a Tampa Bay assistant.

Persons: — Raheem Morris, Morris, Tom Brady, ”, ” Morris, Morris —, —, “, Arthur Blank, Warrick Dunn, ” Dunn, Brett Jewkes, Jewkes, Blank, Bill Belichick, “ I've, Belichick, Greg Beadles, Belichick “, ” Beadles, Morris “, Terry Fontenot, Jim Harbaugh, Mike Vrabel, Arthur Smith, Smith, Rich McKay, McKay, Beadles, Fontenot, Zac Robinson, Jimmy Lake, Marquice Williams, Robinson, Lake, Desmond Ridder, Taylor Heinicke, Drake London, Bijan Robinson, “ He’s, ” Fontenot, “ We’re Organizations: ATLANTA, Atlanta Falcons, Falcons, Super, New England Patriots, Los Angeles Rams, Former Patriots, Super Bowl, Atlanta, ”, Los Angeles Chargers, Tennessee Titans, Tampa, Pittsburgh Steelers, Atlanta United, Major League Soccer, Blank, Rams, Tampa Bay Locations: Atlanta, Michigan, Tampa Bay

☆ Bill Belichick pens heartfelt letter to ‘passionate’ New England Patriots fans
▼ + stars: | 2024-02-05 | by ( Wayne Sterling | ) edition.cnn.com time to read: +2 min

CNN —Former New England Patriots head coach Bill Belichick penned an emotional thank you letter to the “Patriots Nation” in Sunday’s Boston Globe. “Nowhere in America are pro sports fans as passionate as in New England and for 24 years, I was blessed to feel your passion and power,” Belichick wrote. “The Patriots are the only NFL team representing SIX states but in reality, Patriots Nation knows no borders. I loved coaching here and, together, we experienced some amazing moments.”Belichick spent 24 seasons as the Patriots head coach, leaving the team in January. Belichick has 333 total victories (both regular and postseason) – the second most all-time behind Hall of Fame head coach Don Shula’s 347.

Persons: Bill Belichick, ” Belichick, “, Billie Weiss, Jerod Mayo, Belichick, Don Shula’s, Hall, Tom Landry, Raheem Morris Organizations: CNN, Former New England Patriots, “ Patriots, Sunday’s Boston Globe, Patriots, NFL, SIX, Patriots Nation, of Fame, Hall of Fame, Atlanta Falcons, Falcons Locations: Sunday’s, America, New England, Boston

☆ Satya Nadella's first decade as Microsoft CEO was defined by cloud. What's next?
▼ + stars: | 2024-02-04 | by ( Jordan Novet | ) www.cnbc.com time to read: +11 min

Jason Redmond | AFP | Getty ImagesWhen Satya Nadella replaced Steve Ballmer as Microsoft CEO in February 2014, the software company was mired in mediocrity. Many tech industry analysts and investors would say that, thanks largely to Nadella, Microsoft is now set up to be a powerhouse for the foreseeable future. In a 2020 interview, Pat Gelsinger, then CEO of VMware, said offering his company's software on Microsoft's Azure cloud was akin to a "Middle East peace treaty." Nadella is perhaps best known in the tech industry for pushing Microsoft deeper into cloud computing. While some in the younger generations have Microsoft software at work, it's not necessarily what they grew up using and may not be what they prefer.

Persons: Satya Nadella, Bing, Jason Redmond, Steve Ballmer, Aravind Srinivas, Jeff Bezos, Nadella, Aaron Levie, Levie, Larry Ellison, David Paul Morris, Pat Gelsinger, Michael Nathan, Nathan, he'd, He's, Nat Friedman, Friedman, Kevork Djansezian, Ballmer, Kevin Dallas, I've, Dallas, it's, Gen Z, OpenAI's, Commission's Lina Khan, Sam Altman, Altman, OpenAI isn't, hasn't, Jefferies Organizations: Microsoft, AFP, Getty, Apple, Google, Amazon, Oracle Corp, Oracle, Bloomberg, VMware, Intel, Linux, Ballmer, Los Angeles Clippers, Microsoft Corp, Nokia, Activision Blizzard, Adobe, Activision, Federal, U.S . Justice Department, CNBC Locations: Redmond , Washington, San Francisco, Microsoft's, Silicon Valley, Los Angeles , California, U.S, Europe

☆ 8 more of our stocks report earnings next week. Here's what we want to see
▼ + stars: | 2024-02-03 | by ( Zev Fima | ) www.cnbc.com time to read: +13 min

The three major averages posted gains for the fourth week in row, lifted by strong quarterly earnings results for most of the Big Tech companies and a strong jobs report. A weaker ADP Employment report on Wednesday provided no read-through to the monster January jobs report Friday. Here's what we're keeping an eye on in the coming week: 1. Earnings: It's another big earnings week head for the portfolio, with 8 more of our companies reporting. Consistency is what we appreciate most from nat gas giant Linde , so we're hoping for another quarter of solid earnings growth Tuesday.

Persons: Estee Lauder, Eli Lilly, Mounjaro, Nelson Peltz, Estée Lauder, Tyson, CARR, Jacobs, Willis Towers Watson, Edwards, Walt Disney, Oscar Health, Philip Morris, Armour, BAX, BILL, Jim Cramer's, Jim Cramer, Jim, George Frey Organizations: Big Tech, Dow Jones Industrial, Nasdaq, PMI, Apple, Starbucks, Procter, Gamble, GE Healthcare, DuPont, Linde, Ford, General Motors, Trian Partners, Disney, ESPN, Wynn Resorts, Wynn, Vegas, Prix, Estée Lauder Companies, Caterpillar, McDonalds Corp, Allegiant Travel, Bowlero Corp, Tyson Foods, TSN, Air Products & Chemicals, IDEXX Laboratories, CNA Financial Corp, CNA, Timken Company, Graham Corporation, Mesa Laboratories, Sphere Entertainment, Loews Corp, Technologies, Vertex Pharmaceuticals, Semiconductors, Simon Property Group, Amkor Technology, FMC Corporation, FMC, BellRing Brands, Crown Holdings, ChampionX Corporation, Golub Capital BDC, Flexsteel Industries, Kilroy Realty Corp, Gladstone Capital Corp, Unibanco, S.A, Snack Foods Corp, Kimball Electronics, Skyline Corp, Cabot Corporation, Simpson Manufacturing Co, Varonis Systems, Co, GE HealthCare, Linde plc, LIN, Spotify Technology S.A, BP, Hertz Global Holdings, AeroSystems Holdings, Toyota Motor Corp, Cummins, CMI, Software Technologies, AGCO Corporation, Carrier Global Corporation, Lear Corp, CONSOL Energy, Centene Corporation, Gartner, Arcbest Corp, CTS Corporation, Energizer Holdings, Hamilton Lane Incorporated, KKR, Precision Drilling Corporation, Frontier Group Holdings, Waters Corp, Alfa Laval, Aramark Holdings Corp, FirstService Corporation, Garden Sports Corp, New Jersey Resources Corp, nVent Electric plc, PJT Partners, Resources, Sensata Technologies, Ford Motor Company, Enphase Energy, Grill, VF Corp, Edwards Lifesciences Corp, Gilead Sciences, Lumen Technologies, Cognizant Technology Solutions Corp, Weatherford International plc, Amcor plc, Arrowhead Pharmaceuticals, Advanced Energy Industries, Uber Technologies, CVS Health, Roblox Corporation, Ares Capital Corp, Bunge, XPO Logistics, Scotts Miracle, Gro Company, Berry Global, Flex LNG, Equinor ASA, Griffon Corporation, OneMain Holdings, Brookfield Asset Management, Emerson Electric Co, Hilton Worldwide Holdings, Reynolds Consumer Products, Silicon Laboratories, Brands, Sciences, CDW Corp, Fox Corporation, WYNN, PayPal, Arm Holdings plc, ARM, Axcelis Technologies, Mattel, Paycom, Annaly Capital Management, McKesson Corp, Health Corporation, O'Reilly Automotive, Allstate Corp, Fluence Energy, Power Systems, Digital Turbine, Blue Bird Corp, Everest Group, Omega HealthCare, Coty, COTY, ConocoPhillips, Cameco Corp, Philip Morris International, Spirit Airlines, Hershey Company, Lightspeed Commerce, Aurora Cannabis, Lincoln National Corp, P, Tenet Healthcare Corp, Asbury Automotive Group, Arrow Electronics, Baxter International, PetMed, Boyd Gaming Corp, FirstEnergy Corp, Motorola Solutions, Terex Corp, PepsiCo, Growth, AMC Networks, Owl, American Pipeline, TELUS International, Magna International, Newell Brands, Jim Cramer's Charitable, CNBC, Bloomberg, Getty Locations: U.S, China, Macau, Wynn Macau, Valvoline, VVV, ALFVY, Madison, New Jersey, Gilead, Ceridian, ORLY, Paycor, Aurora, Provo , Utah

☆ Travis Kalanick's CloudKitchens loses its chief financial officer
▼ + stars: | 2024-02-02 | by ( Meghan Morris | ) www.businessinsider.com time to read: +2 min

The chief financial officer of City Storage Systems, the umbrella company of Travis Kalanick's foodtech juggernaut, left last month, two employees told Business Insider. Before City Storage Systems, Curran spent more than a dozen years at Amazon, where he was most recently the vice president of finance and chief financial officer for the international consumer business, per his LinkedIn. His social-media profile lists a January end date for his latest role, the chief financial officer of "stealth startup." City Storage Systems is a multifaceted effort to reinvent food production, just as Kalanick aimed to upend the taxi industry by founding Uber. Tech and real-estate businesses such as City Storage Systems face challenges, including inflation and higher interest rates.

Persons: Travis Kalanick's, John Curran, Curran, Uber, Kalanick Organizations: Storage Systems, Business, City Storage Systems, Uber, LinkedIn, Otter, Tech, Systems

☆ Wall Street heads into the week ahead worrying the rally to record highs is running out of steam
▼ + stars: | 2024-02-02 | by ( Sarah Min | ) www.cnbc.com time to read: +7 min

Wall Street continues to climb a wall of worry even as investors deliberate how much longer equities can maintain their record run. But questions remain for investors after some major disappointments in an intense week suggested more challenges ahead. Apple dropped 3% this week after reporting lackluster earnings, weighing on the Dow Jones Industrial Average. Elsewhere in corporate earnings, regional banks as represented by the SPDR S & P Regional Banking ETF slid 7% after poor results from New York Community Bank spurred investor fears of a wider contagion. Signs of market weakness For investors, there may be more issues in the market going forward in 2024.

Persons: Stocks, Jerome Powell, Apple, Scott Rubner, Goldman Sachs, Rubner, Russell, Liz Ann Sonders, Charles Schwab, CNBC's, Sonders, Lehman, Raymond James, Josh Beck, James McCann, Abrdn, McCann, Rhys WIlliams, Williams, it's, Art Hogan, They're, Hogan, Estee, Eli Lilly, Ralph Lauren, Rowe Price, Philip Morris Organizations: Meta, Dow Jones, Regional Banking, New York Community Bank, Bank, Microsoft, Nvidia, Apple, Markets, Wayve Capital Management, Riley, Atlanta, PMI, Simon Property, Companies, Tyson Foods, Semiconductor, Caterpillar, Prudential Financial, Ford Motor, Enphase Energy, GE Healthcare Technologies, Consumer, Walt Disney Co, Wynn Resorts, PayPal, Brands, CVS Health, Hilton Worldwide, Uber Technologies, Costco Wholesale, Motorola Solutions, Expedia, Rowe Price Group, ConocoPhillips, The Hershey Co, Philip Morris International, PepsiCo Locations: China

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