Adobe shares drop 13% as concerns about AI growth overshadow better-than-expected results

• Adobe’s stock has been an AI laggard. A ho-hum earnings forecast is adding to its declines.

  Adobe Systems Inc. shares fell in after-hours trading Wednesday after disappointing quarterly earnings guidance, amid criticism on Wall Street that the software company is not yet monetizing ...
  
  MarketWatch - 19h

• Oracle shares turn lower as quarterly revenue miss overshadows cloud deals

  Oracle Corp. shares fell in after-hours trading Monday, shaking off an initial gain as investors digested the software giant’s disappointing quarterly revenue, much of it from a cloud-services ...
  
  MarketWatch - 2d

• Yanks' Cole concerned about right elbow soreness

  Yankees ace Gerrit Cole had imaging on his right elbow and expects to know more about the situation in the next couple of days.
  
  ESPN - 5d

• Treasury Secretary Bessent says he’s not concerned about the current stock market volatility

  Bessent downplays signals of weak first-quarter economic growth
  
  MarketWatch - 3h

• These 13 growth stocks are expected to roar back from their declines so far this year

  These companies are expected by analysts to increase revenue by at least double the rate of the S&P 500. Their stocks are expected to rise at least 29% over the next 12 months.
  
  MarketWatch - 3d
• 

  Trump: US has 'just about' ended Ukraine intelligence-sharing suspension

  President Trump said Sunday the United States had "just about" ended a suspension of intelligence sharing with Ukraine, adding that he expects "a lot of progress" during the talks with Ukrainian ...
  
  The Hill - 3d

• Apple’s stock sees worst day since 2022. Here are 2 major worries for investors.

  Investors are concerned about delayed AI features and the looming threat of tariffs.
  
  MarketWatch - 2d
• 

  S&P 500 closes higher on soft inflation report; Nasdaq jumps 1% as traders snap up tech shares

  The Nasdaq Composite rose on Wednesday after a soft inflation report eased concerns about the economy and as investors snapped up beaten-up technology shares.
  
  NBC News - 23h

• Novo Nordisk shares fall 6.3% after latest trial results for its next-generation weight loss drug

  Shares of Novo Nordisk fell sharply on Monday, after the firm published results from the latest clinical trial of its CagriSema weight-loss drug.
  
  CNBC - 3d

More from CNBC

• Putin wants direct White House talks before Ukraine ceasefire, but says he is open to deal in principle

  Russian President Vladimir Putin thanked U.S. President Donald Trump for giving "so much attention" to the prospect of a Russia-Ukraine deal.
  
  CNBC - 1h

• 'I'm not going to bend at all': Trump doubles down on tariff plans as stocks sink

  Trump said he would not change his mind about imposing "reciprocal tariffs" on other countries that have their own tariffs on U.S. goods.
  
  CNBC - 1h

• Why this week's positive inflation reports won't look as good to the Fed

  On the surface, February's inflation data released this week brought some encouraging news.
  
  CNBC - 25m

• Treasury Secretary Bessent said the White House is focused on the 'real economy' and not concerned about 'a little' market volatility

  essent said the administration is attentive to market moves, he predicted that both the economy and markets would prosper over time.
  
  CNBC - 2h

• Nvidia’s next chips are named after Vera Rubin, woman who discovered dark matter

  Nvidia CEO Jensen Huang is expected to reveal details about Rubin, the chipmaker's next AI GPU, on Tuesday at the company's annual GTC conference.
  
  CNBC - 1h

More in Business

• Stock investors are leaping before they look as market uncertainty takes a toll

  The S&P 500 is in correction territory, and buyers are scarce.
  
  MarketWatch - 14m

• Oil prices settle lower as IEA warns that trade tensions will undercut demand

  Oil futures settled lower on Thursday after the International Energy Agency’s monthly report underscored worries that rising global trade tensions could undercut energy demand.
  
  MarketWatch - 23m

• Why this week's positive inflation reports won't look as good to the Fed

  On the surface, February's inflation data released this week brought some encouraging news.
  
  CNBC - 25m

• Has Tesla stock hit bottom? Here’s what the options market is saying.

  Signs are appearing that investors could begin to build a long position in Tesla.
  
  MarketWatch - 27m

• S&P 500 flirts with correction territory as Trump’s trade war escalates. Here’s what history says could happen next.

  The sharp drawdown on the U.S. stock market was picking up steam on Thursday, putting the S&P 500 on pace to close in correction territory.
  
  MarketWatch - 42m