Adobe CEO Shantanu Narayen speaks during an interview with CNBC on the floor of the New York Stock Exchange on Feb. 20, 2024. Brendan Mcdermid | Reuters Adobe on Monday released its artificial intelligence assistant, which helps users understand the contents of digital documents. Monthly subscriptions start at $4.99. As part of the release, Adobe … Read more
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. (We’re no longer recording the audio, so we can get this new written feature to members as quickly as possible.) Weakness on Wall Street: Stocks fell … Read more
Our top 10 things to watch Friday, March 15 1. Stocks opened lower Friday, following a losing day on Wall Street. The S & P and Dow Jones are still pacing to end the week in the black, while the Nasdaq is on track to finish lower. Meanwhile, bitcoin dropped around $5,000 overnight to about $67,000 … Read more
Adobe CEO Shantanu Narayen speaks during an interview with CNBC on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., February 20, 2024. Brendan Mcdermid | Reuters Adobe shares fell 13% on Friday morning after the company reported first-quarter results that beat estimates but delivered a light quarterly revenue forecast. … Read more
Adobe CEO Shantanu Narayen speaks during an interview with CNBC on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., February 20, 2024. Brendan Mcdermid | Reuters Adobe shares tumbled as much as 9% in extended trading on Thursday after the design software maker issued strong fiscal first-quarter results but … Read more
Bymuratdeniz | E+ | Getty Images With regulators exerting more scrutiny on mergers and acquisitions, managing risk is increasingly important for companies planning nuptials. One time-honored corporate M&A prenup strategy, which could become more important going forward, is the use of break-up fees, also known as termination fees. These fees — paid by the buyer, … Read more
CNBC’s Jim Cramer on Friday guided investors through next week’s most important happenings on Wall Street, highlighting Adobe‘s earnings report, as well as ones from Dollar General and Dollar Tree. He also said it’s important to keep an eye on new data scheduled to be released next week that helps measure inflation. “You need to … Read more
David Wadhwani, senior vice president of digital media for Adobe, speaks during the launch of Adobe Creative Cloud and CS6 in San Francisco, April 23, 2012. David Paul Morris | Bloomberg | Getty Images Adobe on Tuesday launched an artificial intelligence assistant in its Reader and Acrobat applications that can produce summaries of and answer … Read more
Sam Altman, CEO of OpenAI, attends the 54th annual meeting of the World Economic Forum, in Davos, Switzerland, on Jan. 18, 2024. Denis Balibouse | Reuters A group of 20 leading tech companies on Friday announced a joint commitment to combat AI misinformation in 2024 elections. The industry is specifically targeting deepfakes, which use deceptive … Read more
Meta Platforms CEO Mark Zuckerberg arrives at federal court in San Jose, California, on Dec. 20, 2022. David Paul Morris | Bloomberg | Getty Images Meta is expanding its effort to identify images doctored by artificial intelligence as it seeks to weed out misinformation and deepfakes ahead of upcoming elections around the world. The company … Read more
