Asana CEO and Facebook co-founder Dustin MoskovitzPATRICIA DE MELO MOREIRA | AFP | Getty ImagesDustin Moskovitz, the CEO of Asana and one of the original co-founders of Facebook, will retire from the enterprise software company.Asana announced Moskovitz’s retirement on Monday as part of the company’s fourth-quarter earnings report, and its board has retained an executive search firm to help choose a new CEO. Moskovitz notified its board “of his intention to transition to the role of Chair when a new CEO begins,” the company said Monday.”As I reflect on my journey since co-founding Asana nearly 17 years ago, I’m filled…
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A few weeks remain in announcing the NBA’s most valuable player, but what Nikola Jokić recently has brought into focus is the hard choice voters will have to make.Jokić’s historic triple-double, 31 points, 22 assists and 21 rebounds, in the Denver Nuggets’ overtime win over the Phoenix Suns on Friday had never been done before and stands representative of the kind of season the reigning and three-time MVP is putting together.Meanwhile, Shai Gilgeous-Alexander is the best player on arguably the best team and deserves to be considered for the NBA’s top individual honor. (The Cleveland Cavaliers may finish with the…
Pope Francis has improved enough to no longer be considered in imminent danger from pneumonia and other infections, the Vatican said on Monday, but added that he would require more days of treatment in the Rome hospital where he has been for nearly a month.For weeks, doctors had said that Francis, who is 88 and entered the hospital after having difficulty breathing, had a “guarded” prognosis because the respiratory infection in both of his lungs was too serious for him to be considered out of danger. But his “good response to pharmacological therapy” and stable blood tests, the Vatican said…
President Donald Trump addresses a joint session of Congress at the U.S. Capitol on March 4, 2025.Mandel Ngan-Pool/Getty ImagesPresident Donald Trump has spoken of tariffs as a job-creating behemoth.Tariffs will “create jobs like we have never seen before,” Trump said Tuesday during a joint session of Congress.Economists disagree.In fact, the tariff policies Trump has pursued since taking office would likely have the opposite effect, they said.”It costs American jobs,” said Mark Zandi, chief economist of Moody’s.He categorized tariffs imposed broadly as a “lose-lose.””There are no winners here in the trade war we’re seemingly being engulfed in,” Zandi said. A barrage of…
Allocating to fixed-income sectors that are trading at cheaper relative valuations will be key for investors this year, according to Janus Henderson. That means looking beyond investment-grade credit, Treasurys and the Bloomberg U.S. Aggregate Bond Index, said John Lloyd, lead of the firm’s multi-sector credit strategies and portfolio manager. “Yields are still compelling overall, but spreads are very tight across a lot of sectors,” he said. Spreads measure the difference in yield between Treasurys and other fixed income assets of the same maturity. Securitized credit and bank loans were among the outperformers in fixed income last year, according to Janus…
Shares of Meta Platforms are suffering in Monday’s big sell-off – and they are worth snapping up, according to G Squared Private Wealth’s Victoria Greene. The information technology sector of the S & P 500 suffered keenly as the stock market swooned amid investors’ heightening fears of a recession. The tech-heavy Nasdaq Composite slid roughly 4% on Monday afternoon, and Meta tumbled more than 4%. The chief investment officer joined CNBC’s “Power Lunch” on Monday to discuss the tech giant, as well as Williams-Sonoma and Coinbase . Here’s what she had to say about each: Meta Platforms Greene considers Meta…
Anna Barclay | Getty ImagesShares of Trump Media dropped more than 10% in intraday trading Monday, accelerating the company’s downward slide since President Donald Trump took office.The company behind Trump’s preferred social media app Truth Social was trading below $20 per share around 3:00 p.m. ET — down about 50% from its closing price on Jan. 20, the day Trump was sworn in. Stock Chart IconStock chart iconTrump Media (DJT) Stock PriceMonday’s sell-off put Trump Media on pace for its worst day since Jan. 21, when DJT stock retreated from the buying frenzy that preceded the Republican president’s inauguration.Since then, the company has suffered a seven-week…
People gather in a protest outside a Tesla dealership in Lisbon against Tesla and SpaceX CEO Elon Musk on March 9, 2025.Patricia De Melo Moreira | Afp | Getty ImagesTesla’s selloff on Wall Street intensified on Monday, with shares of the electric vehicle maker plunging 14% and heading for their worst day on the market since September 2020. On Friday, Tesla wrapped up a seventh straight week of losses, its longest losing streak since debuting on the Nasdaq in 2010. The stock has fallen every week since CEO Elon Musk went to Washington, D.C., to take on a major role…
We’re only now heading into NFL free agency, but it’s already been a wild offseason — trades, coaching changes and big-money contract extensions have been happening at every turn.How will all of the movement affect the 2025 NFL Draft? As the legal tampering window opens, here’s a look at how the first three rounds could unfold:1. Tennessee Titans: Abdul Carter, Edge, Penn StateCam Ward is the best QB prospect in this draft. That doesn’t mean he’s a no-doubter, though, and if you’re going to make this pick — when you’re as bad as the Titans were last season — you…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailOn today’s episode of CNBC Crypto World, Bitcoin sinks to its lowest level since November after investors look beyond the White House crypto summit and focus on macroeconomic pressures. Plus, Utah’s legislature passes a bill to create crypto regulatory frameworks. And, Greg Di Prisco of M^0 Labs discusses meetings he had with lawmakers on Capitol Hill to advance crypto regulation. Source link
