Dow Jones Holds Above 34K But Indices Fade; Adobe Increases Bullish Earnings, AI Potential

Dow Jones Holds Above 34K But Indices Fade;  Adobe Increases Bullish Earnings, AI Potential

The Dow Jones Industrial Averages traded near midday on Friday, along with other major stock indexes. Several Dow Jones stocks were in green, including boeing (BA), which fell from an early gain after recovering an entry at 221.33. x Other top gainers in the Dow Jones today with gains of at least 1% include intel … Read more

Adobe posts strong earnings. CEO Promotes ‘New Era of Generative AI’

Adobe posts strong earnings.  CEO Promotes 'New Era of Generative AI'

Adobe posted better-than-expected financial results for its latest quarter and improved its outlook for the full fiscal year, extending a rally that had already sent its stock price up 42% since mid-May. The ongoing rally reflects growing investor confidence that generative AI will spur growth at Adobe, rather than pose a new competitive threat to … Read more