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☆ Palo Alto's pullback on confusion around a key quarterly metric is a buying opportunity
▼ + stars: | 2023-11-15 | by ( Jeff Marks | ) www.cnbc.com time to read: +8 min

Bottom line What should we make of this Palo Alto Networks quarter? Palo Alto has two types of customers: ones that pay annually and others that pay upfront over three years. At the close of regular trading Wednesday, Palo Alto shares were up nearly 84% this year. Total revenue of $1.96 billion to $1.97 billion, with the midpoint of $1.97 billion in line with estimates. Arora Nikesh, Palo Alto Networks CEO & Chairman at the WEF in Davos, Switzerland on May 23rd, 2022.

Persons: cybersecurity, we're, billings, Billings, there's, Nikesh Arora, haven't, We've, Arora, Jim Cramer, Jim Cramer's, Jim, Arora Nikesh, Adam Galica Organizations: Palo Alto Networks, Management, LSEG, billings, Alto, Billings, Palo Alto, Palo, Networks, CNBC Locations: billings, Palo, Alto, Palo Alto, Davos, Switzerland

☆ The market unfairly docks Wynn after a strong quarter. But we see a buying opportunity
▼ + stars: | 2023-11-09 | by ( Jeff Marks | ) www.cnbc.com time to read: +8 min

But investor concerns over an unevenness to the Macao recovery sparked selling in afterhours trading, sending Wynn stock down more than 5% — and creating a potential buying opportunity. Despite these positives, Thursday evening's sell-off brought Wynn stock to about $40 below the level at which was trading in 2019. However, the company's two properties in the region – Wynn Palace and Wynn Macao – are not enjoying an equal pace of recovery. In the third quarter of 2023, Wynn Macao generated about $78 million in profits, which when annualized is only $312 million. The weakness at Wynn Macao has the market concerned Thursday about a loss of market share.

Persons: Wynn, —, we're, management's, Wynn Al, There's, annualized, Craig Billings, Jim Cramer's, WYNN, Jim Cramer, Jim, Pual Yeung Organizations: Wynn Resorts, WYNN, LSEG, Wynn Macao, Wynn, United Arab Emirates, Vegas, Management, Prix, NFL, Wynn Interactive, CNBC, Bloomberg, Getty Locations: Las, Macao, China, Las Vegas, Boston, Wynn Al Marjan, EBITDAR, Wynn Macao, Vegas, RevPar

We're buying 200 shares of Coterra Energy (CTRA) at roughly $28 each. Following Thursday's trade, Jim Cramer's Charitable Trust will own 1950 shares of CTRA, increasing its weighting to about 2% from 1.83%. CTRA 1M mountain Coterra Energy 1-month Coterra Energy is an exploration and production company that is roughly split evenly between oil and natural gas . More importantly, the reason to own Meta stock has not changed as it has effectively leveraged AI to increase engagement on its platforms as well as monetization. An oil pumpjack pulls oil from the Permian Basin oil field in Odessa, Texas, on March 14, 2022.

Persons: Jim Cramer's, We've, Exxon Mobi, we've, BOE, Hess, Coterra, Mark Zuckerberg's, Jim Cramer, Jim, Joe Raedle Organizations: Coterra Energy, CTRA, Natural Resources, Exxon, Coterra, Chevron, Reality Labs, Meta, CNBC, Getty Locations: Odessa , Texas

☆ Heavy rains in Guatemala kill 6, leave 13 missing
▼ + stars: | 2023-09-25 | by ( Sofia Menchu | ) www.reuters.com time to read: +1 min

GUATEMALA CITY, Sept 25 (Reuters) - Heavy rains overnight caused a river in Guatemala's capital to burst its banks, killing at least six people and leaving 13 others missing, authorities said on Monday. Six homes were swept away after the Las Vacas river, which runs through Guatemala City, overflowed in an area about three km (1.8 miles) south of downtown, Guatemala's national disaster agency Conred said. The girl killed was likely between three and five years old, Conred field technician Kevin Escobar told journalists. Before Sunday evening's rains, at least 29 people had been killed due to flooding in Guatemala this rainy season, according to Conred. Reporting by Sofia Menchu; Writing by Kylie Madry; editing by Rami Ayyub and Sandra MalerOur Standards: The Thomson Reuters Trust Principles.

Persons: Conred, We've, we'll, Sergio Cabanas, Kevin Escobar, Alejandro Giammattei, Sofia Menchu, Kylie Madry, Rami Ayyub, Sandra Maler Organizations: GUATEMALA CITY, Twitter, Thomson Locations: GUATEMALA, Guatemala's, Guatemala City, downtown, Guatemala

We are buying 50 shares of Stanley Black & Decker (SWK) at roughly $83.75 each. With that in mind, we are adding to our position in Stanley Black & Decker . As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Stanley Black, Decker, Jim Cramer's, It's, Larry Williams, Williams, Jim Cramer, Jim, Spencer Platt Organizations: Stanley, SWK, Treasury, CNBC, New York Stock Exchange, Getty, & ' $ Locations: New York City

☆ Pence trashes Trump's tax plan, says 10% tariff would 'increase inflation at the worst possible time'
▼ + stars: | 2023-09-21 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +2 min

Republican presidential candidate, former Vice President Mike Pence speaks at the Pray Vote Stand Summit at the Omni Shoreham Hotel on September 15, 2023 in Washington, DC. Former Vice President Mike Pence on Thursday dumped on Donald Trump's plan to slap a universal 10% tariff on imported goods if he is reelected in 2024, slamming the idea as a "middle-class tax increase." An across-the-board tariff like the one Trump has proposed would worsen inflation and "reward adversaries like China," Pence's GOP presidential campaign said in an unusually sharp one-page memo. "He and his imitators in this race are backing away from American leadership," Pence said. Trump skipped the first debate last month, but he nevertheless stole much of the evening's attention.

Persons: Mike Pence, Donald Trump's, Pence, Trump, Larry Kudlow Organizations: Omni, Washington , DC, Trump, GOP, Republican, Tax Foundation, Reagan, Fox Business, White Locations: Washington ,, China, California, Detroit

NEW ORLEANS (AP) — A federal appeals court Friday significantly whittled down a lower court's order curbing Biden administration communications with social media companies over controversial content about COVID-19 and other issues. Circuit Court of Appeals in New Orleans on Friday said the White House, the Surgeon General, the Centers for Disease Control and the FBI cannot “coerce” social media platforms to take down posts the government doesn’t like. Even the appeals court’s softened order doesn’t take effect immediately. The administration has 10 days to seek a Supreme Court review. The case was heard by judges Jennifer Walker Elrod and Edith Brown Clement, nominated to the court by former President George W. Bush; and Don Willett, nominated by former President Donald Trump.

Persons: evening's, Joe Biden’s, Hunter, Jeff Landry, “, Terry Doughty's, Friday's, Jennifer Walker Elrod, Edith Brown Clement, George W ., Don Willett, Donald Trump, Doughty Organizations: ORLEANS, —, Biden, U.S, Circuit, Centers for Disease Control, FBI, Facebook, District, National Institute of Allergy, Infrastructure Agency, State Department, Trump Locations: New Orleans, Louisiana, Missouri, U.S

And that $1 trillion of data centers is in the process of transitioning into accelerated computing and generative AI. Additionally, Nvidia announced AI-ready servers to support the VMware Private AI Foundation and help businesses customize and deploy generative AI applications using their proprietary data. Shares of AMD have also surged higher in this year's AI trade, though the role the company plays in the field is less clear. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jim Cramer's, Jensen Huang, Huang, ChatGPT, Nvidia's Huang, It's, We've, Grace Hopper Superchip, it's, hyperscalers, Jim Cramer, Jim, Eduardo MunozAlvarez Organizations: Broadcom, Jim Cramer's Charitable Trust, Devices, AMD, Moore's, Microsoft, Broadcom's, VMWare, VMware, Nvidia, AI Foundation, U.S . Federal Trade Commission, Intel, Tower Semiconductor, ARM, CNBC, View, Getty Locations: China

A cameraman films a wreckage of the private jet linked to Wagner mercenary chief Yevgeny Prigozhin near the crash site in the Tver region, Russia. Neither referenced the plane crash in which 10 people were said to have been killed. A Reuters reporter at the crash site on Thursday morning saw men carrying away black body bags on stretchers. Unnamed sources told Russian media they believed the plane had been shot down by one or more surface-to-air missiles. SECOND PLANE LINKED TO PRIGOZHINFlightradar24 online tracker showed that the plane had dropped off the radar at 6:11 p.m. (1511 GMT).

Persons: Wagner, Yevgeny Prigozhin, Marina Lystseva, Prigozhin, Vladimir Putin, Sergei Lavrov, Anatoly, Putin, WAGNER, Dmitry Utkin, Abbas Gallyamov, Gallyamov, Bill Browder, Browder, Joe Biden, I’m, Biden, Sergei Shoigu, Valery Gerasimov, Andrew Osborn, Angus MacSwan Organizations: Marina, Defence Ministry, Embraer, SA, Reuters, Telegram, Kremlin, Twitter, General Staff, Thomson Locations: Tver, Russia, MOSCOW, Ukraine, South Africa, Moscow, St, Petersburg, Kuzhenkino, Russian, St . Petersburg, Grey, Africa, Belarus

☆ Promise around Eli Lilly's expected obesity drug, great earnings adds some $60 billion in market cap
▼ + stars: | 2023-08-08 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +9 min

(When excluding one-time divestment contributions and last year's Covid antibody revenue, Lilly's sales rose 22% on an annual basis.) Eli Lilly shares soared more than 16% to a new all-time high during Tuesday's session. LLY YTD mountain Eli Lilly's stock performance so far in 2023. Eli Lilly now expects adjusted earnings per share between $9.70 and $9.90, up significantly from the old guidance between $8.65 and $8.85. For its part, Eli Lilly is also studying Mounjaro's impact on other health outcomes including cardiovascular events.

Persons: Eli Lilly, Mounjaro, —, Jim Cramer's, Jim, Lilly's, Cheplapharm —, Lilly, Anat Ashkenazi, Ashkenazi, Eli Lilly's, Lilly Diabetes, Michael Mason, Mason, Verzenio, Trulicity, we've, David Ricks, Jim Cramer, Cristina Arias Organizations: Novo Nordisk, U.S, Amphastar Pharmaceuticals, Management, CNBC, Company, Pharmaceutical Locations: Indianapolis, North Carolina, U.S, Trulicity, Danish, Novo, Alcobendas, Madrid, Spain

☆ Tony Bennett, masterful stylist of American musical standards, dies at 96
▼ + stars: | 2023-07-21 | by ( ) www.cnbc.com time to read: +14 min

US singer Tony Bennett (Anthony Dominick Benedetto) performs on stage during an invitation only concert at the newly opened Encore Boston Harbor Casino in Everett, Massachusetts on August 8, 2019. "No country has given the world such great music," Bennett said in a 2015 interview with Downbeat Magazine. The evening's performance resulted in the album, "Tony Bennett: MTV Unplugged," which won two Grammys, including album of the year. Bennett would win Grammys for his tributes to female vocalists ("Here's to the Ladies"), Billie Holiday ("Tony Bennett on Holiday"), and Duke Ellington ("Bennett Sings Ellington — Hot & Cool"). He also won two Emmy Awards — for "Tony Bennett Live By Request: A Valentine Special" (1996) and "Tony Bennett: An American Classic" (2007).

Persons: Tony Bennett, Anthony Dominick Benedetto, Bennett, Antonia Benedetto, Frank Sinatra, Lady Gaga, Sylvia Weiner, Bennett didn't, Cole Porter, Irving Berlin, Jerome Kern, Sinatra, Sinatra's, Cheek, Gaga, Carrie Underwood, Amy Winehouse, Winehouse, Oscar, Amy, Porter, George Gershwin, George Cory, Douglass Cross, Ralph Sharon, Ralph, Danny, David Letterman, Fred Astaire, Elvis Costello, Billie Holiday, Duke Ellington, — Bennett, Louis Armstrong, Barbra Streisand, Paul McCartney, Stevie Wonder, Long, Susan Crow Benedetto, Anthony, Anna, James Infirmary, Bel, Miriam Spier, you'll, it's Bing Crosby, Art Tatum, Lester Young, Stan Getz, Joe Bari, Rosemary Clooney, Arthur Godfrey's, Pearl Bailey, Bob Hope, Mitch Miller, Hank Williams, Miller, Chuck Wayne, Chico Hamilton, Art Blakey, Count Basie, Harry Belafonte's, Martin Luther King Jr, Selma, Bennett's, Johnny Mandel's Oscar, Clive Davis, Tony, Bill Evans, Patricia Beech, Sandra Grant, Susan, Johanna, Antonia, Dae, —, Benedetto — Organizations: Associated Press, American, MTV, Ellington, New, Frank Sinatra School of, Arts, Armed Forces Network, Armed Forces Radio, American Theater, Arthur Godfrey's Talent Scouts, Greenwich Village, Paramount Theater, Sinatra, Columbia Records, Count Basie Orchestra, Army, Civil Rights Movement, Carnegie Hall, Columbia, IRS, Kennedy, National Endowment, Arts Jazz, Smithsonian Museum of American Locations: Everett , Massachusetts, Francisco, New York, San Francisco, Little Rock , Arkansas, Astoria, New York City, Queens, Italian, Germany, Greenwich, Montgomery, Los Angeles

First Deputy Prime Minister Andrei Belousov said demand for foreign currency had increased sharply in about 15 regions. "The rouble in the cash market sold off sharply on Saturday with buy/offer spreads widening out substantially," said Goldman Sachs in a note. "Should the response to the events over the weekend be additional spending, we think this would be followed by a weaker rouble." Rouble opens at 15-month low vs dollarInvestors globally were watching for ripple effects from the aborted mutiny, with some expecting a move into safe havens such as U.S. government bonds and the dollar. The rouble-based MOEX Russian index (.IMOEX) was 1.2% lower at 2,762.5 points.

Persons: Yevgeny Prigozhin, Vladimir Putin's, Andrei Belousov, Belousov, Alexey Antonov, Goldman Sachs, Rouble, Alexander Marrow, Karin Strohecker, Kim Coghill, Ed Osmond Organizations: rouble, Alor Broker, Brent, Sinara Investment Bank, Thomson Locations: Russian, Russia, Rostov, Moscow, Voronezh, Lipetsk, Alor

June 26 (Reuters) - The Russian rouble hit its lowest in nearly 15 months against the dollar on Monday before paring some losses, as investors responded for the first time to an aborted mutiny by heavily armed mercenaries in Russia over the weekend. By 0727 GMT, the rouble was 0.5% weaker against the dollar at 85.15 , after hitting 87.2300 in early trade, its weakest point since late March 2022. With the rouble not trading over the weekend, Russian banks had offered exchange rates well above the official rate beyond 90 to the dollar, but those were gradually easing as tensions subsided. Rouble opens at 15-month low vs dollarInvestors globally were watching for ripple effects from the aborted mutiny, with some expecting a move into safe havens such as U.S. government bonds and the dollar. The rouble-based MOEX Russian index (.IMOEX) was 1% lower at 2,767.9 points.

Persons: Yevgeny Prigozhin, Vladimir Putin's, Alexey Antonov, Rouble, Brent, Sinara, Alexander Marrow, Kim Coghill Organizations: Sinara Investment Bank, Thomson Locations: Russian, Russia, Rostov, Moscow, Alor, Washington

☆ Salesforce delivers a quarterly beat and raise, showing Benioff can deliver on profitability
▼ + stars: | 2023-05-31 | by ( Jeff Marks | ) www.cnbc.com time to read: +8 min

The small beat and raise are prompting some profit-taking, resulting in shares falling roughly 6% after hours Wednesday, to around $210 apiece. The best way to offset sluggish revenue growth is by driving profitability higher and Salesforce stepped up to the task. Quarterly Commentary We are pleased to see Salesforce beat across so many key metrics, despite the challenging macroeconomic environment. Although the company left its revenue prediction unchanged, at $34.5 billion to $34.7 billion, the company expects its profitability will come in better than previously anticipated. Marc Benioff, co-founder and CEO of Salesforce, speaks at an Economic Club of Washington luncheon in Washington, DC, on Oct. 18, 2019.

Persons: Refinitiv ., Salesforce, Marc Benioff, Einstein, Slack, Jim Cramer's, Jim Cramer, Jim, Nicholas Kamm Organizations: Salesforce, CNBC, Economic, Washington, AFP, Getty Locations: Americas, Europe, Africa, Asia, Washington ,

☆ Here’s the secret sauce that fueled Palo Alto Networks’ beat and raise despite tough times
▼ + stars: | 2023-05-23 | by ( Jeff Marks | ) www.cnbc.com time to read: +6 min

Bottom line Once again, Palo Alto Networks delivered an upside quarter despite uncertainty related to the slowing and more cost-conscious macroeconomic environment. Palo Alto Networks isn't cheap on a classical earnings basis. The fiscal Q3 results clearly show Palo Alto Networks as a preferred partner despite industry headwinds related to elongated sales cycles. PANW YTD mountain Palo Alto Networks (PANW) YTD performance Outlook For Palo Alto Networks' current fiscal 2023 fourth quarter, the company sees rosy times ahead. Signage outside Palo Alto Networks headquarters in Santa Clara, California, U.S., on Thursday, May 13, 2021.

☆ Live updates: Russia's war in Ukraine, Zelensky meets with Macron
▼ + stars: | 2023-05-15 | by ( Rhea Mogul | Brad Lendon | ) edition.cnn.com time to read: +1 min

Volodymyr Zelensky is welcomed by Emmanuel Macron upon his arrival at the Elysee presidential palace in Paris on May 14. Steve McMay/Abaca/Sipa USA/APUkrainian President Volodymyr Zelensky met with his French counterpart Emmanuel Macron at the Elysee Palace in Paris on Sunday — his latest stop on a tour of European capitals providing his country with weapons. With each visit, the defensive and offensive capabilities of Ukraine increase," Zelensky tweeted after his arrival in France. "This evening's discussion will therefore focus on the support that France continues to provide in response to Ukraine's urgent military and humanitarian needs," the statement said. It comes after he told reporters in Rome on Saturday that "the first important steps" of the military action "will be taken soon."

☆ Apple's quarter eases concerns about mobile device demand, with a China sales beat to boot
▼ + stars: | 2023-05-04 | by ( Jeff Marks | ) www.cnbc.com time to read: +7 min

Revenue in Apple's fiscal second quarter of $94.84 billion dropped 3% year-over-year but beat expectations of $92.96 billion. Bottom line Apple bounced back nicely from the supply-constrained December quarter to deliver record March quarter results across a few key categories and metrics. It's hard to tell if Apple's results were enough to send shares in the near term back to all-time highs of about $176 each, set back in August. In its March quarter, Apple returned $23 billion via the repurchase of 129 million shares valued at $19.1 billion and $3.7 billion in dividends. For the current June quarter, Apple expects year-over-year revenue performance to be similar to the March quarter result, assuming no worsening macro outlook.

Microsoft shares rallied 7.2% following upbeat quarterly earnings and sales, including of robust artificial intelligence products. The Dow Jones Industrial Average (.DJI) fell 228.96 points, or 0.68%, to 33,301.87; and the S&P 500 (.SPX) lost 15.64 points, or 0.38%, at 4,055.99. The S&P 500 technology index (.SPLRCT) was the sole gainer among the benchmark's 11 major industry sectors, adding 1.7%. Of the 163 S&P 500 companies that reported first-quarter profit through Wednesday morning, 79.8% topped analysts' expectations, as per Refinitiv IBES data. It helped push the S&P 500 bank index (.SPXBK) down 1.4% on the day.

☆ Tucker Carlson found out Fox News ouster while he and his staff were preparing Monday's show: reports
▼ + stars: | 2023-04-25 | by ( Lauren Steussy | ) www.businessinsider.com time to read: +2 min

Tucker Carlson was abruptly dropped by Fox News on Monday. Carlson's staff was prepping for the day's show, fellow former Fox News host Bill O'Reilly said. After a decade-plus career at the network, Tucker Carlson was let go just 10 minutes before Fox News released a statement announcing his departure, sources told The Wall Street Journal. The producers of "Tucker Carlson Tonight" were still planning the evening's broadcast, fellow former Fox News host Bill O'Reilly said Monday on his show "No Spin News." "They were in the middle of that," O'Reilly said of the planning, and, "boom: Tucker Carlson is history at the Fox News Channel.

☆ Crab cakes, beef and banana splits: Biden's South Korea state dinner menu unveiled
▼ + stars: | 2023-04-24 | by ( Jeff Mason | Thomson Reuters | Jeff Mason Is A White House Correspondent For Reuters. He Has Covered The Presidencies Of Barack Obama | ) www.reuters.com time to read: +2 min

WASHINGTON, April 24 (Reuters) - Guests at President Joe Biden's and first lady Jill Biden's state dinner with their South Korean counterparts will feast on Maryland crab cakes and braised beef short ribs followed by banana splits for dessert, the White House said on Monday. The meal itself will kick off with crab cakes along with cabbage, kohlrabi, fennel and cucumber slaw. "We hope to showcase the harmony of our cultures and our people intertwined," at the dinner, she said. The first lady worked with Chef Edward Lee, author of "Smoke & Pickles" and "Buttermilk Graffiti," along with the White House chefs to design the menu. "The first person I called was my mother," Lee said, noting she had immigrated to the United States from Korea.

☆ Louisville to hold vigil as family says shooter had mental health issues
▼ + stars: | 2023-04-12 | by ( ) www.reuters.com time to read: +2 min

April 12 (Reuters) - Louisville will hold a vigil on Wednesday for those who were killed and wounded in this week's shooting at a downtown bank by an employee who his family said suffered from mental health issues they had been "actively addressing" before his rampage. In a statement released to a TV station in the Kentucky city, the family said there were "never any warning signs or indications he was capable" of carrying out a mass shooting. The station, Fox-affiliated WDRB, provided the statement on its website after receiving it from an attorney for the family on Tuesday evening. The nonprofit group defines a mass shooting as four or more shot or killed, not including the shooter. Police identified the shooter in Louisville as Connor Sturgeon, who was employed at the Old National Bank's downtown branch at the time of the shooting.

☆ Oscar host Jimmy Kimmel hails movie-going rebound, cracks wise about 'the slap'
▼ + stars: | 2023-03-13 | by ( Steve Gorman | ) www.reuters.com time to read: +3 min

LOS ANGELES, March 12 (Reuters) - Comedian Jimmy Kimmel, returning for a third stint as Oscar host, led a back-to-basics show on Sunday that sought to celebrate a moviegoing rebound from the COVID-19 pandemic while avoiding the kind of unscripted outburst that marred the 2022 telecast. "We know this is a special night for you," Kimmel told the crowd of Hollywood luminaries. Kimmel, who was cheekily promoted ahead of Sunday's telecast as an "unflappable, unslappable" Oscar host, then went on to give a mock recitation of "strict policies in place" to prevent a repeat of last year's incident. "If anything unpredictable or violent happens during the ceremony, just sit there and do what you did last year, nothing," Kimmel added. It was a departure from many years in which relatively little-seen, but critically acclaimed, films have dominated the Academy Awards.

☆ Jim Cramer's top 10 things to watch in the stock market Monday: Banks slide, market tumbles
▼ + stars: | 2023-03-13 | by ( Jim Cramer | ) www.cnbc.com time to read: +3 min

Regulator action quells systemic risk from banks ( an outcome I pushed before Sunday evening's announcement) that had deposit risk and duration risk in the bond portfolios. Citi upgrades Charles Schwab (SCHW) to buy from neutral (hold) but lowers price target to $75 per share from $83. Boosts price target to $155 per share from $148. Hikes price target to $375 per share from $360. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Death toll rises after fresh earthquake hits Turkey-Syria border
▼ + stars: | 2023-02-21 | by ( ) www.cnbc.com time to read: +2 min

View of damaged buildings after an earthquake on February 20, 2023 in Hatay, Türkiye, two weeks after a larger quake in the area killed more than 47,000 people. Six people were killed in an earthquake which struck the border region of Turkey and Syria, CNN Turk reported on Tuesday, two weeks after a larger quake killed more than 47,000 people and damaged or destroyed hundreds of thousands of homes. It said the quake struck while people were in the already damaged building to retrieve possessions before it was demolished. Turkish Health Minister Fahrettin Koca said 294 people were injured in Monday evening's earthquake, with 18 seriously hurt and transported to hospitals in Adana and Dortyol. Muna Al Omar said she was in a tent in a park in central Antakya when the ground started heaving again.

☆ Cisco's CEO defends the Club holding’s future growth prospects. Investors want more proof
▼ + stars: | 2023-02-16 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +5 min

"The whole notion that we're actually just draining backlog, our backlog was created by significant customer demand. Cisco's backlog remains higher than where it stood at the same time last year and well above historical norms for both software and hardware, management said on Wednesday evening's conference call. Club take Cisco's fiscal second-quarter results were strong and its full-year guidance stronger. Right now, we don't have a great sense of what Cisco's growth will look like next year. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

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