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☆ NBA playoffs: Minnesota Timberwolves rally from 20-point deficit in Game 7 to eliminate Denver Nuggets
▼ + stars: | 2024-05-20 | by ( Matias Grez | ) edition.cnn.com time to read: +3 min

CNN —The Minnesota Timberwolves produced a historic 20-point comeback to eliminate the defending champion Denver Nuggets 98-90 in Game 7 of the Western Conference semifinals. Minnesota now advances to the Western Conference Finals for the first time in 20 years, while the Nuggets become the fifth straight defending champion to fall before the conference finals. Karl-Anthony Towns had 23 points and 12 rebounds for the Timberwolves, while Jaden McDaniels also added 23 points to go with six rebounds. Jamal Murray had a game-high 35 points for the Nuggets, while Nikola Jokić had 34 points, 19 rebounds and seven assists. Pacers stun Knicks in Game 7 at MSGThe Indiana Pacers enjoyed a historic shooting night to eliminate the New York Knicks 130-109 in Game 7 at Madison Square Garden.

Persons: Anthony Edwards, ”, Anthony Towns, Jaden McDaniels, Edwards, Jamal Murray, Nikola Jokić, Murray, Jokić, AAron Ontiveroz, Michael Malone, Rick Carlisle, you’ve, Tyrese Haliburton, Andrew Nembhard, Pascal Siakam, Jalen Brunson, Donte DiVincenzo, Josh Hart, Hart Organizations: CNN, The Minnesota Timberwolves, Denver Nuggets, Western Conference, Western, Nuggets, ESPN, ” Timberwolves, Timberwolves, Ball Arena, Karl, Denver Post, Dallas Mavericks, Wednesday, Pacers, The Indiana Pacers, New York Knicks, Madison, Knicks, Boston Celtics, Eastern Locations: Minnesota, Minneapolis, Madison Square

☆ I'm a college athlete whose heart stopped during practice. Doctors thought I'd need a nursing home, but I'm already back on the field.
▼ + stars: | 2024-05-16 | by ( Kelly Burch | ) www.businessinsider.com time to read: +6 min

When my mom was in labor, doctors thought I might be tangled in the umbilical cord because my heart rate would plummet and then stabilize. I was delivered by emergency C-section, and doctors soon realized that I had congenital heart defects. Still, I thought I'd adjusted well — until my heart stopped on the field. Even when I started breathing on my own, doctors thought I might need to go to a nursing home rather than a rehab facility because I was still so frail. AdvertisementTIRR Memorial Hermann in Houston was the only in-patient rehab hospital that would take me because my needs were so intensive.

Persons: Mac Kelso, Mac, Doctors, — Dr, Nikola Dragojlovic —, TIRR, Hermann, I've, — Organizations: Service, Business, Louisiana Tech University Locations: Oregon, Louisiana, Colorado, Houston, TIRR

☆ Inside the life and career of Larry Page, Google's co-founder and first CEO
▼ + stars: | 2024-05-15 | by ( Avery Hartmans | Lakshmi Varanasi | ) www.businessinsider.com time to read: +13 min

AdvertisementSo who is Larry Page and how did he get to where he is today? AdvertisementPage and Sergey Brin create GoogleGoogle co-founders Sergey Brin and Larry Page met as students at Stanford. Google's parent company, Alphabet, has developed self-driving cars through Waymo, the company formerly known as the Google Self-Driving Car project. Page's personal lifeGoogle cofounder Larry Page and his wife, the scientist Lucinda Southworth C Flanigan/FilmMagicThroughout it all, Page has kept information about his personal life closely guarded. Life after GoogleGoogle cofounder Larry Page bought Cayo Norte, an island in Puerto Rico.

Persons: —, Larry Page, Sergey Brin, Page, Sundar Pichai, Gloria, Carl Page —, Larry, what's, Nikola Tesla, he's, Brin's, BackRub, Brin, Eric Schmidt, Schmidt, Andy Rubin's, he'd, Andrew Kelly, Sergey, Lucinda Southworth C, Lucinda Southworth, Richard Branson, Page's, Carl Victor Page, Carl Page, He's, Hugh Langley Organizations: Service, Google, Business, Michigan State University . Education, Getty, Michigan State University, The, Montessori, Google Google, Stanford, Associated Press, University of Michigan, Labs, Reuters Page, Virgin Group, Investments, Carl Victor Page Memorial Foundation, Zee Aero, Pacific, Virgin Island, Atomic Locations: Michigan, Waymo, Toronto, Stanford, Caribbean, Palo Alto, Cayo Norte, Puerto Rico, Koop, Tavarua, Fiji

☆ NBA playoffs: Nikola Jokić erupts for 40 points as Denver Nuggets take 3-2 series lead over Minnesota Timberwolves
▼ + stars: | 2024-05-15 | by ( Matias Grez | ) edition.cnn.com time to read: +3 min

CNN —Newly crowned three-time NBA Most Valuable Player (MVP) Nikola Jokić put on a show and proved why he is the rightful recipient of the award in the Denver Nuggets’ 112-97 playoff victory over the Minnesota Timberwolves on Tuesday. So good was Jokić’s performance that teammates and opponents alike were lavishing him with praise after the game. He’s the best player in the NBA, he showed it the last three games, three games in a row. Only five teams in NBA history have come back to win a best-of-seven series when losing the first two at home. Brunson, who bounced back impressively after a poor showing in Game 4, also added seven assists and four rebounds.

Persons: Nikola Jokić, Rudy Gobert, Aaron Gordon, “, ”, Anthony Edwards, Jokić “, ” “, ” Edwards, He’s, ” Gordon, Jamal Murray, Karl, Anthony Towns, Edwards, Garrett Ellwood, “ Nikola, Michael Malone, Brunson, Pacers Jalen Brunson, LeBron James, Pascal Siakam, Tyrese Haliburton Organizations: CNN, Denver Nuggets, Minnesota Timberwolves, Denver, Nuggets, ESPN, “, NBA, Timberwolves, Western, Knicks, Pacers, New York Knicks, Indiana Pacers, Eastern Locations: Serbian, Minnesota, Minneapolis, Indianapolis, Indiana

☆ NBA Playoffs: Cleveland Cavaliers stun Boston Celtics on the road 118-94 to steal Game 2
▼ + stars: | 2024-05-10 | by ( Samuel Joseph | Sam Joseph | ) edition.cnn.com time to read: +4 min

CNN —The Cleveland Cavaliers leveled their Eastern Conference semifinal series against the Boston Celtics, taking down the No. The Cavaliers bounced back from a demoralizing Game 1 blowout to flip the script and steal home-court advantage away from Boston. All-Star guard Donovan Mitchell scored 29 points, grabbed seven rebounds and dished out eight assists to help Cleveland to its first win of the series. I was just continuing to find ways to apply pressure on them,” said Mitchell after the game. Joshua Gateley/Getty ImagesPJ Washington added another 29 points and 11 rebounds for Dallas, while Gilgeous-Alexander led OKC with 33 points, 12 rebounds, eight assists and two blocks.

Persons: Donovan Mitchell, Cavs, Mitchell, ”, Evan Mobley –, Jarrett Allen, –, Caris, Jayson Tatum, Tatum, Max Strus, Brian Babineau, Jaylen Brown, Joe Mazzulla, “, Luka Dončić, Dončić –, Shai Gilgeous, Alexander, Nikola Jokić –, ” Dončić, “ I’m, Joshua Gateley, PJ Washington, OKC Organizations: CNN, The Cleveland Cavaliers, Eastern Conference, Boston Celtics, Cavaliers, Celtics, “, Six Cavaliers, Cleveland, Miami Heat, Boston, Mavericks, Thunder, Dallas Mavericks, Oklahoma City Thunder, Dallas, American Airlines Center Locations: Boston, Cleveland, Ohio, Slovenian, Oklahoma, Dallas

☆ Rivian, Lucid and other EV startups scramble to shore up cash and reassure Wall Street
▼ + stars: | 2024-05-10 | by ( Michael Wayland | ) www.cnbc.com time to read: +5 min

In this article NKLARIVNLCID Follow your favorite stocks CREATE FREE ACCOUNTR1T trucks on the assembly line at the Rivian electric vehicle plant in Normal on April 11, 2022. Stock Chart Icon Stock chart icon Performance of Rivian, Lucid and Nikola stocks over the past year. Rivian reported $7.86 billion in cash, cash equivalents, and short-term investments to end March, with more than $9 billion in total liquidity. Lucid, for its part, ended the first quarter with approximately $4.6 billion in cash, cash equivalents and investments, with total liquidity of approximately $5.03 billion. Unlike Rivian and Lucid, Nikola is exclusively focused on commercial vehicles rather than ones to retail customers.

Persons: Brian Cassella, Tesla, Itay Michaeli, Rivian, Rivian's, Peter Rawlinson, he's, Rawlinson, " Rawlinson, LSEG, Nikola, Thomas Okray, Okray, Derek Jenkins, David Swanson Organizations: Tribune, Service, Rivian, Lucid Group, Nikola Corp, Wall Street, Citi, Saudi, Public Investment Fund, Wall, Lucid, Los Angeles Auto Locations: Normal, Illinois, Georgia, Normal , Illinois, Los Angeles , California, U.S

☆ Denver Nuggets’ Nikola Jokić named NBA MVP for 3rd in 4 seasons
▼ + stars: | 2024-05-09 | by ( Jacob Lev | ) edition.cnn.com time to read: +1 min

CNN —Denver Nuggets star center Nikola Jokić was named the NBA’s Most Valuable Player on Wednesday, marking the third time he has been awarded the honor in four seasons. Jokić becomes the ninth player in NBA history to win the award at least three times. He thanked his teammates and coaches when asked about his thoughts on his string of MVP awards. “Without them, I am nothing,” Jokić told NBA on TNT. Nuggets head coach Michael Malone lauded Jokić in February after the player racked up a league-leading 15th triple-double of the season.

Persons: Nikola Jokić, Jokić, Luka Doncic, Shai Gilgeous, Alexander, ” Jokić, …, Michael Malone, “, he’s, ” Malone, ” Jokic Organizations: CNN, Denver Nuggets, Serbian, Nuggets, Western Conference, Dallas Mavericks, Oklahoma City Thunder, “, NBA, TNT, Minnesota Timberwolves

☆ Earnings will drive the market next week — what we expect from 2 portfolio stocks
▼ + stars: | 2024-05-04 | by ( Zev Fima | ) www.cnbc.com time to read: +10 min

With the Fed, Apple earnings and the jobs report passing with flying colors this week, the runway to more gains looks a lot less cluttered. This past week was chock full of Club earnings: 12 portfolio companies, including Apple , delivered results. Analysts expect Wynn's earnings per share of $1.27 versus 29 cents a year ago when China was not fully back from Covid. 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: Jerome Powell, we're, Jim Cramer, Jim, Apple, Eli Lilly, Estee Lauder, Stanley Black, Decker, Bausch, FactSet, It's, Bob Iger, Iger, Nelson Peltz, We're, Krystal, Berkshire Hathaway, Tyson, Jones Lang, Walt, Ferrari N.V, WK Kellogg, Wynn, Vishay, CRON, MARA, RICK, Ginkgo, Jim Cramer's, David Paul Morris Organizations: Federal Reserve, Apple, GE Healthcare, DuPont, Linde, Bausch Health, Coterra Energy, Club, Disney, Wynn Resorts, CNBC, Revenue, Vegas Sands, Cotai, Boston, Airlines, Krystal Biotech, Alpha Metallurgical Resources, Axsome Therapeutics, Tyson Foods, TSN, Bowlero Corp, CNA Financial Corp, CNA, Jones Lang LaSalle Incorporated, Technologies, Realty Income Corp, Lab, Teradata Corp, Technology, FMC Corporation, FMC, Paymentus Holdings, Shockwave, Vertex Pharmaceuticals, Goodyear Tire & Rubber Company, Simon Property Group, Sterling Construction Company, Apple Hospitality, Boise Cascade Corporation, BellRing Brands, Coty, COTY, Fidelity National Information Services Inc, Vornado Realty, Walt Disney Co, Holdings, Madrigal Pharmaceuticals, Nikola Corporation, BP, Rockwell Automation, MarketAxess Holdings, Jumia Technologies, GEO Group, Builders FirstSource Inc, Duke Energy Corp, WYNN, Rivian Automotive, Arista Networks, Occidental Petroleum Corp, Astera Labs, Bros, Flywire Corporation, B2Gold Corp, Kinross Gold Corp, Virgin Galactic Holdings, iRobot Corp, Electronic Arts Inc, McKesson Corp, ACM Research, Avadel Pharmaceuticals, Toyota Motor Corp, Emerson Electric Co, Perion, Editas, Brink's Company, Sinclair Corporation, New Fortress Energy, Starwood Property Trust, Animal Health, ELAN, Farms, IM Cannabis Corp, Fox Corporation, Formula One, Icahn Enterprises, Teva Pharmaceutical Industries, Arm Holdings plc, ARM, AMC Entertainment Holdings, Trade, AppLovin Corporation, Sciences Corp, SolarEdge Technologies, Roblox Corporation, GigaCloud Technology Inc, Warner Bros ., Properties Trust, Growers, Constellation Energy Group, Cronos, Fiverr, Solar Inc, EPAM Systems, Cedar Fair Entertainment, Digital Holdings, RCI Hospitality Holdings, Akamai Technologies, Semiconductor, Insulet Corp, NuScale Power Corporation, Ginkgo Bioworks Holdings, Bloom Energy Corporation, Construction, AMC Networks, CRH Public Ltd . Company, Jim Cramer's Charitable, Allen, Co . Media, Technology Conference, Bloomberg, Getty Locations: China, Eaton, Amazon, Covid, Macao, Vegas, Sun Valley , Idaho

☆ Interest rates and the AI-fueled rally remain top of mind for stock investors in the week ahead
▼ + stars: | 2024-05-03 | by ( Alex Harring | ) www.cnbc.com time to read: +9 min

The Fed and economic policy were top of mind this week given the central bank's Wednesday decision to yet again leave interest rates unchanged , as it has since last summer. This week included the conclusion of April's trading month, which marked the first down month of the year for all three major market averages. Indeed, some recent earnings reports have raised doubts about the economy, with brands from McDonald's and Starbucks evidencing signs of strain among consumers. While no new inflation numbers are scheduled for release next week, investors will see reports on March wholesale inventories, March consumer credit and May consumer sentiment from the University of Michigan. AI trade Though interest rates took center stage this week, investors also continued monitoring companies tied to the artificial intelligence boom amid the stocks' recent choppiness.

Persons: they're, Jerome Powell, Larry Tentarelli, David Donabedian, Sam Stovall, There's, Stovall, Tom Hainlin, Tentarelli, CFRA's Stovall, Lyft, Cabot, Aramark, Tempur Sealy, Nikola, Walt Disney, Sally Beauty, Warby Parker, Krispy Kreme, Papa John's Organizations: Federal Reserve, Treasury, Nasdaq, Dow Jones, CIBC Private Wealth, Dow, CFRA, Citigroup, Bank of America, U.S, Bank Wealth Management, University of Michigan, Nvidia, Disney, Spirit Airlines, Tyson Foods, Pharmaceuticals, Lucid, Palantir Technologies, Simon Property, Tech, Lab, Goodyear Tire, Noble Corp, Vornado Realty, Coty, BellRing, Consumer, UBS, BP, Nintendo, Bloomin, Duke Energy, Rockwell Automation, Ferrari, NRG Energy, Electronic Arts, Cirrus, Adaptive Biotech, Arista Networks, Dutch Bros, Holdings, Virgin Galactic, IAC, Rivian Automotive, Brighthouse, Occidental Petroleum, Assurant, Kinross Gold, Labs, Diamond, Reddit, Anheuser, Busch InBev, Embraer, Health, United Parks & Resorts, Emerson Electric, Brookfield , New York Times, Food, Reynolds Consumer Products, Teva Pharma, Uber Technologies, Dine Brands, Liberty Broadband, Fox Corp, Cushman &, Liberty Media, Arm Holdings, Kodiak Gas Services, Solaredge Technologies, AMC Entertainment, Cheesecake, News Corp, Toyota Motors, Fair, US Foods, Hyatt Hotels, Warner Bros, Hilton, Warner Music Group, Unity Software, Insurance, Gen, Honda, AMC Networks Locations: Central, McDonald's, Expeditors, Occidental, Angi, Brookfield , New, Ambev, Cushman & Wakefield, Michigan

☆ Inside the investing strategy of Hunterbrook Capital, the news-driven hedge fund. Can it succeed in a ruthless industry?
▼ + stars: | 2024-04-29 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +6 min

Small team, limited scopeThe hedge fund makes trades based solely on news from Hunterbrook Media, its media sister company, sometimes getting advanced copies of the articles and placing trades before publication. AdvertisementThe hedge fund, however, has just one sole full-time employee. Before a story is published on Hunterbrook Media, the firm's general counsel reviews it to make sure there's not any insider information — such as leaked earning figures — in it. AdvertisementIf the general counsel and the executives green light the story to be shared, then it goes to the hedge fund — in other words, Dunlevie and Horwitz — prepublication. Opportunities few and far between so farInvestigations from Hunterbrook Media so far have less than a 50% hit rate on turning into trades for the hedge fund.

Persons: —, Nate Anderson's Hindenburg, Carl Icahn's, Nathaniel Horwitz, Matt Murray, Paul Steiger, Bethany McLean, That's, Courtney Dunlevie, Horwitz, Sam Koppelman, Brian Koppelman, Dunlevie, Horwitz — prepublication, isn't, It's Horwitz, Matt, Pulitzer, Tony Horwitz, Geraldine Brooks, Cash, Hunterbrook, Marc Lasry, David Fialkow, Matt Cherwin, we're, " Horwitz Organizations: Service, Business, Hunterbrook, Hunterbrook Media, Wall Street, Barclays, Commonstock, Phoenix Suns, Avenue Capital, Catalyst, JPMorgan Locations: Italian, Korean, Brazil

☆ LeBron James scores 30 points as Los Angeles Lakers earn a ‘lifeline’ against Denver Nuggets
▼ + stars: | 2024-04-28 | by ( Aimee Lewis | ) edition.cnn.com time to read: +1 min

CNN —LeBron James scored 30 points as the Los Angeles Lakers avoided a first-round elimination in the Western Conference playoff series against the Denver Nuggets. Four-time NBA champion James rose to the occasion, as did Anthony Davies, who had 25 points and 23 rebounds in the 119-108 win in LA. It was the Lakers’ first victory over the Nuggets since December 2022, ending Denver’s 11-game winning streak in the fixture. “We’ve given ourselves another lifeline, and it’s a one-game series for us,” James told reporters. Game 5 will be held in Denver Monday and the defending champion, leading the best-of-seven series 3-1, could secure the series on home soil.

Persons: LeBron James, James, Anthony Davies, “, ” James, you’re, Nikola Jokić Organizations: CNN, Los Angeles Lakers, Western Conference, Denver Nuggets, Lakers, Nuggets, Boston Celtics, Miami Heat, Oklahoma City Thunder, New Orleans Pelicans, Orlando Magic, Cleveland Cavaliers Locations: LA, Denver

Learn moreThe fourth game of the Lakers vs. Nuggets NBA Playoffs Round 1 match-up is here, and this game will determine whether the Lakers go home for the season. If you're hoping to learn where to watch Lakers vs. Nuggets without cable, then you're in luck. Where to watch Lakers vs. Nuggets in the USLakers vs. Nuggets Game 4 will air on Saturday at 8:30 p.m. For cord-cutters, this means checking out a live TV streaming alternative like Sling TV or Hulu + Live TV. Hulu + Live TV Hulu + Live TV includes over 90 channels, along with Hulu's on-demand library and access to Disney Plus and ESPN Plus.

Persons: We've, Nikola Jokić, they'll, Hulu's, ExpressVPN Organizations: Business, Lakers, Nuggets, Denver Nuggets, Los Angeles Lakers, Western Conference, The Lakers, US Lakers, ABC, Hulu, ESPN, Disney Plus Locations: New York, Los Angeles, Chicago

☆ Nikola Jokić: NBA and Denver Police ‘looking into’ reported incident involving brother of two-time MVP
▼ + stars: | 2024-04-24 | by ( David Close | ) edition.cnn.com time to read: +1 min

CNN —A spokesperson says the NBA is “looking into” an apparent incident involving Denver Nuggets superstar Nikola Jokić’s brother, Strahinja Jokić, which happened after the Nuggets won their home game against the Los Angeles Lakers on Monday night. A video posted on social media overnight Tuesday appears to show Strahinja Jokić wearing his brother’s No. The Denver Police Department (DPD) says it’s aware of the video and is looking into what happened, noting that the incident at Ball Arena wasn’t reported to police. Strahinja Jokić (middle) watches a Denver Nuggets game against the Indiana Pacers on January 14, 2024. The Nuggets took a 2-0 series lead after Denver’s Jamal Murray hit a game-winning, buzzer-beater to cap a dramatic 101-99 comeback win.

Persons: Nikola Jokić’s, Strahinja, Ron Chenoy, Reuters DPD, Nikola Jokić, Denver’s Jamal Murray Organizations: CNN, Denver Nuggets, Nuggets, Los Angeles Lakers, Denver Police Department, Indiana Pacers, Reuters, Lakers, Ball

☆ Nikola Jokić arrives dressed as ‘Despicable Me’ character and inspires Denver Nuggets to playoff win over Los Angeles Lakers
▼ + stars: | 2024-04-21 | by ( Issy Ronald | ) edition.cnn.com time to read: +2 min

CNN —Nikola Jokić came dressed to steal the moon on Saturday, and helped the Denver Nuggets steal a march on the Los Angeles Lakers in Game 1 of their first-round NBA playoff series. On the court, meanwhile, Jokić posted a near triple-double with 32 points, 12 rebounds and seven assists to inspire the Nuggets to a 114-103 win over the Lakers and take a 1-0 lead in the playoff series. Jamal Murray added 22 points, six rebounds and 10 assists for the Nuggets. Elsewhere in the Western Conference on Saturday, the Minnesota Timberwolves defeated the Phoenix Suns 120-95 in Game 1 of their playoff series. Meanwhile in the East, the Cleveland Cavaliers downed the Orlando Magic 97-83 and the New York Knicks defeated the Philadelphia 76ers 111-104.

Persons: Nikola Jokić, Jokić, LeBron James, “ We’re, Michael Malone, “, you’re, ” Anthony Davis, James, Jamal Murray Organizations: CNN, Denver Nuggets, Los Angeles Lakers, Ball, Nuggets, Lakers, ”, Western Conference, Minnesota Timberwolves, Phoenix Suns, Cleveland Cavaliers, Orlando Magic, New York Knicks, Philadelphia 76ers Locations: Serbian, ” Denver

☆ DJ Burns Jr.: March Madness star is leading a surprising Final Four run and earns praise from Nikola Jokić
▼ + stars: | 2024-04-04 | by ( Ben Morse | ) edition.cnn.com time to read: +7 min

11 NC State to the Final Four of the 2024 NCAA men’s tournament, beating a host of highly-seeded teams on the way to a semifinal spot. The NC State star grew up around people from different backgrounds, with his grandmother running a foster home and his parents taking in other children from unstable homes. But, with Burns at center and the team’s underdog mentality, they have shocked the college basketball scene. “I was raised in a happy environment,” the NC State told reporters. While becoming an internet sensation throughout March Madness, Burns' competitve nature has helped NC State to some impressive victories.

Persons: DJ Burns Jr, it’s, – Burns, Duke, Burns, Nikola Jokić –, Burns –, ” Jokić, “, That’d, ” It’s, Jim Nagy, Peter Schrager, Robert Jennings, Tim Nwachukwu, Burns wasn’t, Takela, ”, Dwight Sr, ” Burns, ” Takela, Andy Hancock, Marquette, Duke –, Carmen Mandato, “ He’s, Joe Sargent Organizations: CNN, State, NCAA, NFL, Senior Bowl, Fox Sports, Texas Tech Red Raiders, North, York Preparatory Academy, WRAL, NC State, Rock, Rock Hill Herald, University of Tennessee, Winthrop University, Big South, NC, Wolfpack, Texas Tech, Oakland, Duke, CBS Sports, Getty, Devils, Purdue Locations: North America, Hill , South Carolina, South Carolina, York County, Rock Hill, Oakland

AUSTIN, Texas (AP) — Nikola Jokic scored 31 points and the Denver Nuggets beat San Antonio 117-106 on Friday night in a game played in the Texas capital as the Spurs drew a record crowd in their bid to broaden their regional fan base. After having his initial shot blocked by San Antonio rookie phenom Victor Wembanyama, Jokic went 13 for 19 from the field. Jeremy Sochan scored 19 points and Devin Vassell and Wembanyama each had 17 points for San Antonio, which lost its third straight. The Spurs have played in Austin the last two seasons to broaden their reach financially and build their fan base. “You can’t match the talent level that they have right now with (Spurs’) young team, but you see what it takes.

Persons: Nikola Jokic, phenom Victor Wembanyama, Jokic, Nikola, Gregg Popovich, “, ” Jamal Murray, Jeremy Sochan, Devin Vassell, Michael Malone, ” Malone, Bill Schoening, Malone, Aaron Gordon, Michael Porter Jr, Julian Champagnie, Porter, Gordon, ” Jokic, Johnson’s, ” Popovich, Murray, ___ Organizations: Denver Nuggets, Antonio, Spurs, NBA, ” Spurs, Denver, Conference, San, Moody Center, Nuggets, Wembanyama, Jokic, ”, Dallas, Brooklyn Locations: AUSTIN, Texas, San Antonio, Austin, “, Jokic, Denver

☆ 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

Some stocks could post sizable moves this week on the back of corporate earnings reports this week. Wall Street expects more steam ahead, with the typical analyst surveyed by FactSet holding a buy rating and price target reflecting nearly 10% in upside. His price target of $2 implies shares can add almost 190%. Meanwhile, the average analyst polled by FactSet has a hold rating on the penny stock, but the same price target as Kallo. But he cut his price target by $3 to $80 on Friday ahead of the report.

Persons: Berkshire Hathaway, it's, Raymond James, Srini Pajjuri, Pajjuri, Nikola, Baird, Ben Kallo, NKLA, Kallo, FactSet, Christopher Horvers, bullish Organizations: Nvidia, Moderna, Berkshire, CNBC Pro, CNBC Locations: Lucid

☆ NBA All-Star Game: Record point total in controversial as the East defeats the West, 211-186
▼ + stars: | 2024-02-19 | by ( Samuel Joseph | Sam Joseph | ) edition.cnn.com time to read: +4 min

“We found out and went after it.”This year’s All-Star Game also saw the return of the traditional East vs. West format. The East was led by 39 points from Lillard, who capped off a highly successful weekend by being named All-Star Game MVP, after retaining his title in the Three-Point Contest earlier on Sunday. Some of his makes during the showcase game were from well beyond the arc. The All-Star Game is a showcase above all, but the wild point totals and lackadaisical defensive efforts have started to frustrate viewers. “Hopefully, as years go on, [the All-Star Game] gets back to being what the fans wanna see … I guess guys are trying to figure out how to play hard and be safe at the same time,” Brown said postgame.

Persons: CNN —, LeBron James, Steph Curry, Giannis Antetokounmpo, Nikola Jokić, Kevin Durant, Damian Lillard, “, Leonard, ”, Star Durant, Jaylen Brown, Tyrese Haliburton, Stacy Revere, Karl, Anthony Towns, Shai Gilgeous, Alexander –, –, — shannon sharpe, Elam, Mychal Thompson, Klay Thompson, Adam Silver, ” Brown, Durant, Silver Organizations: CNN, Eastern Conference, Western, NBA, Milwaukee Bucks, Boston Celtics, Indiana Pacers, Kobe Bryant All, Getty Images Minnesota Timberwolves, Oklahoma City Thunder, Defense, Golden State Warriors, Eastern Locations: Lillard, @ShannonSharpe

☆ A passenger jet smashed into runway lights as it took off, flew for 60 minutes, then landed with a gaping hole in its fuselage
▼ + stars: | 2024-02-19 | by ( Matthew Loh | ) www.businessinsider.com time to read: +3 min

An Air Serbia flight knocked into runway lights as it took off on Sunday, sustaining heavy damage. It flew for about an hour before finishing an emergency landing at high speed, flight data shows. Right: An earlier iteration of the same flight shows the aircraft using the full runway length. AdvertisementAs the E195 departed Belgrade's Nikola Tesla Airport, the bottom of its fuselage hit a set of runway lights for an opposite runway, per Tango Six. It then immediately began descending, looping around the area for the next 40 minutes before making its emergency landing, per FlightRadar24.

Persons: —, Nikola Tesla, Thierry Monasse, TangoSix, It's, Belgrade Nikola Tesla Organizations: Air, Service, Air Serbia, Greek, Marathon Airlines, Embraer E195LR, Sunday, Press, Belgrade Nikola, Business Locations: Air Serbia, Belgrade, Serbia, Düsseldorf, Germany

INDIANAPOLIS (AP) — The first half of the All-Star Game was record-setting, and not exactly the more-competitive level of play that the NBA was seeking. The Eastern Conference led the Western Conference 104-89 at halftime Sunday night — with the 193 points the most ever scored in an All-Star half. The previous record was set last year, when 191 points were scored before halftime. The East tied the record for points in any half; the West also had 104 in the second half of the 2016 game in Toronto, which it won 196-173. NBA Commissioner Adam Silver and other league executives were seeking a more competitive All-Star Game after last season's 184-175 matchup was widely panned — and television ratings plummeted.

Persons: Indiana's Tyrese Haliburton, Adam Silver, Famer Larry Bird, Brunch, “, ” Bird, “ I’m, you’ve, Luka Doncic, Donovan Mitchell, Bam Adebayo, Nikola Jokic’s, Devin Booker Organizations: INDIANAPOLIS, NBA, Eastern Conference, Western, East, Famer Locations: Toronto

INDIANAPOLIS (AP) — Last season's All-Star Game played out in a way that the NBA hopes to never experience again. So, the league sent a message: Make the All-Star Game better. Boston's Jayson Tatum set an All-Star Game record by scoring 55 points and the game had a total — total — of four free throws, all of them shot by Antetokounmpo's team. “I’m proud of what the guys did at the in-season tournament and I’m looking forward to the All-Star Game. Durant is a 14-time selection and set to actually play in his 11th All-Star Game.

Persons: Nobody, Golden, Stephen Curry, Phoenix's Kevin Durant, LeBron James, Milwaukee's Giannis Antetokounmpo, —, We’ve, ”, Curry, “ It’s, James, Antetokounmpo, Giannis, Boston's Jayson Tatum, ” Tatum, Doc Rivers, Chris Finch, Rivers, ” It’s, Adam Silver, Joe Dumars, Dumars, ” Dumars, “ I’m, Kareem Abdul, Jabbar, Dirk Nowitzki, Michael Jordan, Durant, Scottie Barnes, Philadelphia's Tyrese Maxey, New York's Jalen Brunson, Orlando's Paolo Banchero, ” Banchero, Julius Randle, Philadelphia's Joel Embiid, Atlanta's Trae Young, Bam Adebayo, Tatum, Damian Lillard, Luka Doncic, Nikola Jokic, Oklahoma City's Shai Gilgeous, Alexander, “, ” Durant Organizations: INDIANAPOLIS, NBA, Eastern Conference, Western Conference, Los Angeles Lakers, LeBron, “, Lakers, Milwaukee, Tyrese, Indiana Pacers, West, of Famers Locations: Indianapolis, New, Barnes, Tyrese Haliburton, Dallas, Oklahoma

INDIANAPOLIS (AP) — In Adam Silver’s eyes, the NBA’s new 65-game policy is working. “I can tell you that the number of games that players have participated in is up this season,” Silver said. “I just don’t like it, how it forces players to play if they’re injured to achieve something,” Denver center Nikola Jokic said. And as such, the gap in the system that the NBA felt Team Ignite would fill isn’t really a gap anymore. “We are in the process of reassessing Team Ignite,” Silver said.

Persons: —, Adam Silver’s, ” Silver, Joel Embiid won’t, Tyrese Haliburton’s, he’d, Jimmy Butler, “, Nikola Jokic, NBA Players Association —, Silver, Jaylen Brown, “ We’ve, I’m, France’s Victor Wembanyama —, Silver wouldn’t, Victor Wembanyama … it’s, aren’t, it’s Organizations: INDIANAPOLIS, NBA Players Association, NBA, San Antonio Spurs, Spurs Locations: Philadelphia, Indiana, Denver, Boston, …, Paris, France

☆ 4 of our stocks report earnings next week. Here's what we want to see from each
▼ + stars: | 2024-02-17 | by ( Zev Fima | ) www.cnbc.com time to read: +9 min

A hotter-than-expected consumer price index on Tuesday sent stocks reeling, with the Dow posting its biggest drop in a year. Stocks bounced back over the next two days, helped by a softer retail sales report , only to slump again on Friday's hot producer price index for January. As we said this week, we're not overly concerned with the hotter-than-expected inflationary readings. Earnings season picks back up for the Club next week, with four holdings set to report quarterly results. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Wall, Stocks, we're, Palo, Fortinet, BCH's Bausch, Management doesn't, Dana, Bausch, Dr Pepper, Diana Shipping, Jim Cramer's, Jim Cramer, Jim, Jensen Huang, Walid Berrazeg Organizations: Dow Jones Industrial, Nasdaq, Dow, Federal Reserve, Club, Palo Alto, Palo, billings, Nvidia, Amazon, Microsoft, Bausch Health, Coterra Energy, Management, NYSE, Walmart, Axsome Therapeutics, Barclays Bank, Armstrong World Industries, Ceragon Networks, Tri Pointe Homes, Dana Incorporated, DigitalBridge, Oil States International, Systems, Allegion, CenterPoint Energy, Equitrans Midstream Corporation, Expeditors International of Washington, Alto Networks, SolarEdge Technologies, Enovix Corporation, Caesars Entertainment, Diamondback Energy, Toll, Ternium S.A, Celanese Corp, Chesapeake Energy, CVR Energy, Reserve, Vertiv Holdings Co, Properties Trust, Devices, HSBC Holdings plc, HSBC, Lomb, Sinclair Corporation, Pagaya Technologies, Gibraltar Industries, Garmin, NVIDIA, Rivian Automotive, Sunnova Energy International, Bros, Apache, Oil, Suncor Energy, Co, FNF, Sciences, Coeur D'Alene Mines, Trip.com, Joby Aviation, Resources, Alamos, Jackson, Nutrien, NTR, Pan, Sm Energy Company, Health, Newmont, Nikola Corporation, Cheniere Energy, Fiverr, Natural Resources, Point Credit, Lantheus Holdings, Builders, Grab Holdings, NICE, Dominion Energy, Harmony Biosciences Holdings, Teck Resources Limited, Intellia Therapeutics, Energy, Booking Holdings, Intuit, Semiconductor, Nation Entertainment, Vale S.A, Rocket Companies, Warner Bros ., AerCap Holdings, Natural Holdings, Calumet Specialty Products Partners, Frontier Communications, Jim Cramer's Charitable, CNBC, Lightrocket, Getty Locations: billings, Palo Alto, China, Xifaxan, Tri Pointe, Avista, Gibraltar, Coeur D'Alene, Pan American, Teck, Vale

NEW YORK (AP) — For five years, a New York City man managed to live rent-free in a landmark Manhattan hotel by exploiting an obscure local housing law. But prosecutors this week said Mickey Barreto went too far when he filed paperwork claiming ownership of the entire New Yorker Hotel building — and tried to charge another tenant rent. “As alleged, Mickey Barreto repeatedly and fraudulently claimed ownership of one of the City’s most iconic landmarks, the New Yorker Hotel,” said Manhattan District Attorney Alvin Bragg. The Unification Church sued Barreto in 2019 over the deed claim, including his representations on LinkedIn as the building's owner. “And I never made a penny out of this.”Barreto said his legal wrangling is activism aimed at denying profits to the Unification Church.

Persons: Mickey Barreto, Barreto, “, ” Barreto, he'd, Barreto “, Sun Myung Moon, ”, Attorney Alvin Bragg, Nikola Tesla, Muhammad Ali, Baretto, Moon Organizations: Holy Spirit Association, New York City Department of Environmental, New Yorker, Attorney, Garden, Penn Station, Yorker, NBC, Unification, Unification Church Locations: New York City, Manhattan, Yorker, New York, Los Angeles, South Korea, Madison, North Korea

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