ADBE Jun 2024 585.000 call
- Yahoo Finance Video
Tesla bulls and short sellers, French stocks pull back: Morning Brief
It's Friday morning, but even the stock market can't afford to take a three-day weekend! Morning Brief Hosts Seana Smith and Brad Smith guide investors through the leading industry stories and into the day's market open. Wall Street and tech investors are abuzz about Tesla (TSLA) and what CEO Elon Musk's pay package — valued at around $46 billion in the company's current stock price — is indicating about the future growth of the EV maker. Wedbush Securities Managing Director & Senior Equity Analyst Dan Ives details his latest forecast stipulating Tesla's market cap could be over $1 trillion in 2025. Clean Energy Transition CEO and Portfolio Manager Per Lekander later chimes in on why he believes Tesla is "the biggest stock market bubble in history" and that it could be "the next Enron." In stock news, Apple (AAPL) continues to hold the most valuable company title at the open after it's market cap surpassed Microsoft's (MSFT). France's CAC 40 (^FCHI) exchange takes a hit, falling by well over 2% as political tensions over France's snap election create unease in the market. This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
Adobe shares surge on Q2 earnings beat and raised guidance
Shares of Adobe (ADBE) are surging after the company topped Wall Street earnings expectations for its fiscal second quarter and raised its full-year guidance. The software giant reported revenue of $5.31 billion ($5.29 billion expected) and adjusted earnings per share (EPS) of $4.48 ($4.40 per share expected). Yahoo Finance's Seana Smith and Brad Smith break down the software company's earnings figures and how it's incorporating AI into its products. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Melanie Riehl
- Barrons.com
These Stocks Moved the Most Today: Adobe, Carnival, Tesla, GameStop, RH, Shopify, Hasbro, Broadcom, and More
Adobe surges after the software company tops earnings estimates and boosts fiscal-year guidance, cruise stocks fall on pricing concerns, and Tesla declines after shareholders reapprove Elon Musk’s pay package.
