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March 5, 2021

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Microsoft CEO Satya Nadella: Saying ‘my team is great and everyone else sucks’ is not leadership

CNBC
CNBC – For more and to sign up click here Satya Nadella, chief executive officer of Microsoft Corp., speaks during a Bloomberg event on the opening day of the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, Jan. 21, 2020. Simon Dawson | Bloomberg | Getty Images Microsoft CEO......

Okta says it’s buying security rival Auth0 for $6.5 billion, sending stock plunging

CNBC
CNBC – For more and to sign up click here Okta CEO Todd McKinnon Okta Okta, whose cloud software allows office workers to access all of their apps through a secure online service, said on Wednesday that it’s spending $6.5 billion to acquire rival Auth0. Okta’s shares plunged about 13%......

Stocks making the biggest moves midday: Etsy, Virgin Galactic, Foot Locker & more

CNBC
CNBC – For more and to sign up click here Etsy CEO Chad Dickerson and others celebrate their IPO at the Nasdaq exchange, April 16, 2015. Getty Images Check out the companies making headlines in midday trading.  Etsy — Shares of the e-commerce company popped nearly 13% on Friday after......

Stocks making the biggest moves in the premarket: Foot Locker, Beyond Meat, DoorDash & more

CNBC
CNBC – For more and to sign up click here Take a look at some of the biggest movers in the premarket: Foot Locker (FL) – Foot Locker shares tanked 12.1% in premarket trading after quarterly revenue came in below Street forecasts and comparable-store sales unexpectedly declined. The athletic apparel......

Salesforce revenue up 20% from last year, forecast calls for similar growth rate

CNBC
CNBC – For more and to sign up click here Salesforce co-CEO Marc Benioff speaks at the grand opening of the Salesforce Tower in San Francisco in May 2018. David Paul Morris | Bloomberg | Getty Images Salesforce shares fell as much as 4% in extended trading on Thursday after......

Stocks making the biggest moves after the bell: Beyond Meat, Etsy, Virgin Galactic & more

CNBC
CNBC – For more and to sign up click here A staff member displays a burger with a Beyond Meat plant-based patty at VeggieWorld fair in Beijing, China November 8, 2019. Jason Lee | Reuters Check out the companies making headlines after the bell on Thursday: Beyond Meat – Beyond......

Jim Cramer on how to approach growth stocks after inflation worries shake up market

CNBC
CNBC – For more and to sign up click here CNBC’s Jim Cramer advised that market players have two ways to approach high-flying growth stocks that teetered and tottered their way through a volatile session on Wall Street Tuesday. Investors can choose to join in on the sell-off that has......

Here’s what investors should know about rocket builder Astra as it prepares to go public

CNBC
CNBC – For more and to sign up click here Rocket 3.1 launches from Kodiak, Alaska. Astra / John Kraus Rocket builder Astra is preparing to go public in the second quarter, taking on a crowded field of competitors while aiming for daily deliveries to space by 2025. CEO Chris......

Stronger economic data could power stocks that thrive in a rebound in the week ahead

CNBC
CNBC – For more and to sign up click here The bull of Wall Street is seen during the pass of the snowstorm on January 31, 2021 in New York City. Eduardo MunozAlvarez | VIEW press | Corbis News | Getty Images A decline in new Covid infections, along with......

Dropbox slips to a loss after taking $400 million real estate hit due to remote work

CNBC Real Estate
Drew Houston, Dropbox Co-Founder and CEO, speaking at CNBC’s @Work conference in San Francisco on November 4, 2019. Arun Nevader | CNBC Dropbox on Thursday reported a $398.2 million one-time charge in the fourth quarter to reflect the company’s shift to remote work. As the coronavirus emerged in the U.S.......

Stocks making the biggest moves in the premarket: Chevron, Verizon, Vir Biotechnology & more

CNBC
CNBC – For more and to sign up click here Take a look at some of the biggest movers in the premarket: Hilton Worldwide (HLT) – The hotel operator reported a quarterly loss of 10 cents per share, surprising analysts who had expected a profit of 4 cents per share.......

Justice Department seeks more information on Salesforce’s $27 billion deal for Slack

CNBC
CNBC – For more and to sign up click here Marc Benioff Katie Kramer | CNBC The U.S. Justice Department’s Antitrust Division has asked Salesforce and Slack for more information ahead of Salesforce’s plan to buy the smaller software company for $27 billion, Salesforce said Tuesday. The development could indicate......

Stock futures little changed after Dow closes at record high

CNBC
CNBC – For more and to sign up click here U.S. stock index futures were little changed in overnight trading on Tuesday after the Dow closed at a record high. Futures contracts tied to the Dow Jones Industrial Average gained 11 points. S&P futures were unchanged, while Nasdaq 100 futures......

Spotify will let employees work from anywhere after the pandemic

CNBC
CNBC – For more and to sign up click here A Spotify Ltd. logo sits on display as employees work at desktop computers inside the music streaming company’s offices in Berlin, Germany, on Friday, June 17, 2016. Krisztian Bocsi | Bloomberg | Getty Images Spotify is the latest tech company......

Microsoft says it won’t give money to Congress members who voted against Electoral College confirmation

CNBC
CNBC – For more and to sign up click here Microsoft CEO Satya Nadella and Volkswagen CEO Herbert Diess (not pictured) attend a session during their visit to Volkswagen Digital Lab in Berlin on Feb. 27, 2019. Abdulhamid Hosbas | Anadolu Agency | Getty Images Microsoft on Friday said its......

Rocket builder Astra to go public via SPAC at $2.1 billion valuation after reaching space last month

CNBC
CNBC – For more and to sign up click here A close up view of Rocket 3.2’s engines shortly after liftoff. Astra / John Kraus San Francisco-area start-up Astra is going to be the next publicly traded space stock, as well as the first that’s dedicated to orbital rocket launches. Astra......

Amazon, Alphabet and Salesforce are all investing in a $28 billion company that crunches big data

CNBC
CNBC – For more and to sign up click here Andy Jassy, chief executive officer of web services at Amazon.com Inc., listens during the Amazon Web Services Summit in San Francisco on April 19, 2017. David Paul Morris | Bloomberg | Getty Images Databricks, a start-up whose software helps companies......

How Mike Speiser and Sutter Hill are changing the rules for venture investing

CNBC
CNBC – For more and to sign up click here Venture capitalist Mike Speiser had a historic 2020. His firm, Sutter Hill Ventures, turned an initial investment of less than $200 million in Snowflake into a stake worth $12 billion after its IPO in September. Sutter Hill amassed its fortune......

Companies are racing to build digital passports for people to prove they’ve had the Covid vaccine

CNBC
CNBC – For more and to sign up click here Doctor Richard Dang (R), Assistant professor USC School of Pharmacy, administers a Covid-19 vaccine to Ashley Van Dyke as mass-vaccination of healthcare workers takes place at Dodger Stadium on January 15, 2021 in Los Angeles, California. Irfan Khan | AFP......

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