Adobe Delivers Record Q2 but Shares Fall After CFO Departure
Adobe reported strong Q2 results and raised its full-year guidance, but shares fell after the company announced that CFO Dan Durn will step down on June 15 to pursue a new opportunity.
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Trump’s Massive Tech Stock Shopping Spree in Early 2026
U.S. President Donald Trump disclosed hundreds of millions in stock trades in Q1 2026 — heavy buys in Nvidia, Microsoft, Adobe, ServiceNow and more during the tech selloff.
Adobe Hit With Downgrade Amid Rising AI Competition — CrowdStrike Gets Upgraded
Mizuho downgraded Adobe on AI competition fears, but upgraded CrowdStrike for strong AI security growth and better outlook.
Anthropic’s New AI Design Tool Triggers Stock Sell-Off in Figma, Adobe & Wix
Figma fell after news Anthropic will launch AI tool to build websites and presentations. Adobe, Wix, GoDaddy also dropped.
Michael Burry: "Anthropic is Eating Palantir's Lunch"
Michael Burry warns: Anthropic’s easy, cheap AI is outpacing Palantir, which may lose private business despite gov’t contracts.
Software Stocks Plunge as Amazon’s New AI Agent Sparks Disruption Fears
Software stocks (IGV) dropped 4.3% after Amazon revealed it’s building AI agents to automate sales, cybersecurity and networking jobs.