Microsoft stock is up almost 1.3% ($36.94) on the news that Satya Nadella has been named CEO. _This is a good sign that Wall Street seems to be accepting the board’s pick. _Wall Street sees this pick as a sign Microsoft will be more enterprise focused considering Satya Nadella’s old position was EVP of Cloud & Enterprise. Microsoft has not commented on who will be replacing Satya Nadella’s old job as head of Cloud & Enterprise, although there is some speculation that Scott Guthrie might be a good candidate.

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