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Adobe stock drops on surprise CEO transition

Adobe stock drops on surprise CEO transition

Adobe Inc (NASDAQ:ADBE) shares were down 6.5% on Friday after the company announced a major leadership shake-up, naming Anil Chakravarthy as its next chief executive to succeed longtime CEO Shantanu Narayen. Chakravarthy, currently president of Adobe's digital experience business, will take over as CEO effective December 1, the start of Adobe's fiscal 2027.

Adobe Inc. logo ADBE -1.49%
Proactiveinvestors | 4 weeks ago

DeFi Development Corp. prices CHAD preferred stock IPO at $8, raising $11 million for Solana treasury

DeFi Development Corp. prices CHAD preferred stock IPO at $8 per share, raising $11M to expand its Solana treasury with a 13% annual dividend DeFi Development Corp. prices CHAD preferred stock IPO at $8, raising $11 million for Solana treasury.

SOLUSD +0.6%
Cryptobriefing | 4 weeks ago

Silver claws back post-NFP losses after briefly crashing below $65

Silver claws back post-NFP losses after briefly crashing below $65

XAGU
XAGUSD -1.18%
Fxstreet | 4 weeks ago

Wall Street Is Misreading Alphabet's Supposed Achilles Heel

Every quarter Wall Street warns that Alphabet's AI spending will finally crack the business, and every quarter the company hands back a receipt that says otherwise.

Alphabet Inc logo GOOG +1.62%
247wallst | 4 weeks ago
GPIX Is Paying 8% and Trailing SPY by Just Half a Point. Has Goldman Finally Fixed the Covered-Call ETF?

GPIX Is Paying 8% and Trailing SPY by Just Half a Point. Has Goldman Finally Fixed the Covered-Call ETF?

Covered-call ETFs are built to trade upside for income, so when one seems to deliver both at once, the obvious question is what the fund is hiding and whether the trade-off has simply been postponed.

S&P 500 Core Premium Income Fund logo GPIX +0.65%
247wallst | 4 weeks ago
Meta Platforms: Muse Spark 1.3 Was The Warning Shot

Meta Platforms: Muse Spark 1.3 Was The Warning Shot

Muse Spark 1.3 materially narrows Meta Platforms, Inc.'s performance and token efficiency gap with leading frontier models from Anthropic and OpenAI, restoring credibility to its AI strategy. The latest model's competitive token unit economics could accelerate adoption and reinforce Meta's monetization across coding agents, model APIs and AI subscriptions. This also underscores an emerging opportunity in generative search ads for Meta, which could unlock incremental ROI on its expanding AI technology stack that remains underappreciated.

Meta Platforms Inc Class A logo META +0.3%
Seekingalpha | 4 weeks ago
Hyperliquid enables price discovery for pre-IPO OpenAI shares

Hyperliquid enables price discovery for pre-IPO OpenAI shares

Decentralized price discovery for pre-IPO shares could democratize investment access but also introduces volatility and risk without traditional safeguards. Hyperliquid enables price discovery for pre-IPO OpenAI shares.

HYPEUSD +0.26%
Cryptobriefing | 4 weeks ago
EUR/USD Price Forecast: Euro forms potential higher low above 100-day SMA

EUR/USD Price Forecast: Euro forms potential higher low above 100-day SMA

EUR/USD Price Forecast: Euro forms potential higher low above 100-day SMA

EURUSD +0.02%
Fxstreet | 4 weeks ago
Gold never actually passed U.S. Treasuries as the world's preferred reserve asset – Fed's Weiss

Gold never actually passed U.S. Treasuries as the world's preferred reserve asset – Fed's Weiss

Even though central banks have been ramping up their bullion purchases in recent years, a simple comparison of the value of U.S. treasuries and gold in countries' official reserves is misleading, as gold's price appreciation has been driven largely by private demand, while most official gold reserves are still held by countries that haven't purchased any in over 50 years, according to Colin Weiss, Principal Economist for Global Financial Flows at the Federal Reserve.

Goldman Sachs Physical Gold ETF logo AAAU -0.66%
Kitco | 4 weeks ago
Apple Is at $325. Is This Overbought or the Start of a Re-Rating?

Apple Is at $325. Is This Overbought or the Start of a Re-Rating?

Apple just delivered its best June quarter ever, and the stock is up nearly 40% in a year, yet analyst upgrades are drying up and cost headwinds are quietly building.

Apple Inc. logo AAPL +1.02%
247wallst | 4 weeks ago

KNOT Offshore Partners LP Common Units (KNOP) Q2 2026 Earnings Call Transcript

KNOT Offshore Partners LP Common Units (KNOP) Q2 2026 Earnings Call Transcript

KNOT Offshore Partners L.P. logo KNOP +1.15%
Seekingalpha | 4 weeks ago

Rocket Lab's Crash Is Your Second Chance

Q2 revenue reached $234 million, backlog climbed to $2.36 billion, and Space Systems generated 81% of revenue, reinforcing Rocket Lab's infrastructure transition. Neutron targets $50 million to $55 million in pricing without meaningful discounts, making launch cadence more important than simply reaching orbit. Iridium adds over $870 million of recurring revenue, but the $8 billion acquisition introduces leverage, integration, and additional dilution risks.

Rocket Lab Corporation logo RKLB +4.91%
Seekingalpha | 4 weeks ago

SCHG Owns More Apple Than Tesla, Meta and Palantir Combined. Is That Why Growth Investors Are Falling Behind?

SCHG markets itself as a diversified large-cap growth fund, but a closer look at its holdings reveals a much narrower bet, and that structural quirk may explain why growth investors keep watching SPY and QQQ pull ahead.

Schwab U.S. Large-Cap Growth ETF logo SCHG +0.94%
247wallst | 4 weeks ago

Recent Yen Rally Puts These 3 ETFs in Focus

The Japanese yen strengthened sharply against the U.S. dollar on Sept. 3, 2026, reviving investor interest in Japan-focused currency ETFs.

iShares MSCI Japan ETF logo EWJ +1.6%
Zacks | 4 weeks ago

Key Reasons to Add Digital Realty Stock to Your Portfolio Now

DLR is benefiting from AI, cloud and enterprise demand, with record bookings, backlog and a strong development pipeline supporting growth.

Digital Realty Trust, Inc. logo DLR +1.17%
Zacks | 4 weeks ago

Ripple expands college sports push with XRP partnership at Florida

The XRP logo will be featured on the field at Ben Hill Griffin Stadium, as well as across Florida Athletics' digital properties and events.

XRPUSD +0.51%
Theblock | 4 weeks ago

Vita Coco's Innovation Push: A Recipe for Long-Term Growth?

COCO's Treats launch gains early traction as the company expands beyond coconut water with innovation-driven growth avenues.

The Vita Coco Company, Inc. logo COCO -1.82%
Zacks | 4 weeks ago

Zscaler Q4 Earnings Beat Estimates, Revenues Surge 25% Y/Y

ZS' Q4 earnings and revenues top estimates as rising platform adoption, AI demand and broad geographic growth drive 25% revenue growth and stronger ARR.

Zscaler Inc. logo ZS -1.12%
Zacks | 4 weeks ago

PAYX Stock Rises 30% in 6 Months: Here's What You Should Know

Paychex is driving growth through Paycor synergies, AI-backed WISE capabilities and efficiency gains that support stronger margins and client value.

Paychex Inc. logo PAYX -1.88%
Zacks | 4 weeks ago

Twilio Soars 69% YTD: Should Investors Still Buy the Stock?

TWLO's 69% YTD rally is backed by accelerating growth, record free cash flow, raised guidance and rising demand for AI communications infrastructure.

Twilio Inc. logo TWLO -2.23%
Zacks | 4 weeks ago

Samsara Q2 Earnings Surpass Estimates, Revenues Rise Y/Y

IOT's Q2 earnings beat estimates as ARR growth accelerates, margins expands and large-customer adoption fuels strong revenue gains.

Samsara Inc. Class A Common Stock logo IOT +2.7%
Zacks | 4 weeks ago

TTD Stock Plunges 60% Year to Date: Time to Cut Losses and Exit?

TTD has plunged 60.3% YTD as revenue growth slows amid soft ad demand across key categories despite long-term growth opportunities.

The Trade Desk, Inc. Class A logo TTD -1.32%
Zacks | 4 weeks ago

NSP Stock Skyrockets 150% in 6 Months: Here's What You Should Know

Insperity's margin recovery plan, HRScale rollout and AI integration are strengthening profitability, client service and growth prospects.

Insperity Inc. logo NSP -4.42%
Zacks | 4 weeks ago

Axon's Connected Devices Unit Fuels Growth: Can It Sustain the Momentum?

AXON's Connected Devices revenues surge 34.6%, fueled by TASER 10, counter-drone equipment and strong international bookings.

Unit Corporation logo UNTC -0.45%
Zacks | 4 weeks ago

lululemon Q2 Earnings Beat on Tariff Refunds Despite Revenue Miss

LULU's Q2 EPS beat estimates as tariff refunds boost margins, but softer demand and lower sales pressure the outlook as sales trends remain challenged.

lululemon athletica inc. logo LULU -1.46%
Zacks | 4 weeks ago

Northern Trust's NII Rises 11% in Q2: Can Momentum Persist in 2026?

NTRS' NII rises 11% y/y in Q2, with lower funding costs and balance-sheet trends supporting momentum as management lifts 2026 growth guidance.

Northern Trust Corporation logo NTRS +1.3%
Zacks | 4 weeks ago

Boston Scientific's ICVT Business Gains Momentum: Can Growth Continue?

BSX's ICVT sales have jumped 15% as coronary therapies gained traction, while new devices and deals could extend its growth momentum.

iShares Convertible Bond ETF logo ICVT +0.75%
Zacks | 4 weeks ago

Do Options Traders Know Something About Atlassian Stock We Don't?

Investors need to pay close attention to TEAM stock based on the movements in the options market lately.

Atlassian Corporation Class A logo TEAM -1.12%
Zacks | 4 weeks ago

Will La Colorada Mine Strengthen PAAS' Long-Term Growth?

Pan American Silver advances La Colorada Skarn, targeting a 37-year mine life, strong cash flow and major silver output.

Pan American Silver Corp. logo PAAS +1.18%
Zacks | 4 weeks ago

SMCI Rises 29% Year to Date: Time to Buy, Sell or Hold the Stock?

Super Micro Computer gains 29% YTD as record backlog, AI partnerships and rising shipments fuel growth, while improving margins add to its appeal.

Super Micro Computer Inc logo SMCI +4.22%
Zacks | 4 weeks ago
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