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Adobe Reports Solid Results, Raises Outlook, but Stocks Slide
An analyst attributed the stock’s weak performance to the company’s failure to convince investors that its AI efforts will drive higher returns.
Dow Plunges Nearly 800 Points After Israel and Iran Trade Strikes
‘This has the potential to be a fast-moving situation,’ says one market analyst.
Oracle Shares Surge to Record High on Strong Cloud Growth, Upbeat Outlook
The company sees the growth rate of cloud infrastructure accelerating from 50 percent in fiscal 2025 to more than 70 percent in fiscal 2026.
Dollar Loses Ground in Global Reserves, but Stays on Top; Gold Ousts Euro for No. 2 Spot
The greenback’s share dips to 58 percent, while gold climbs to 2nd place with 20 percent in total reserve holdings, displacing the euro at 16 percent.
