A report says activist Starboard Value has a roughly $500 million stake in software maker Autodesk, Adobe extends gains from Friday, and earnings reports are expected this week from Lennar, CarMax, Kroger, and Accenture.
Adobe Systems rebounded with a stronger-than-expected fiscal Q2. But management once again did not break out AI-related revenue.
In the past year, the United States stock market has shown significant growth, rising by 21%, despite a flat performance over the last 7 days. In this context of promising annual earnings growth forecasted at 15%, identifying undervalued stocks can be particularly compelling for investors looking to capitalize on potential market inefficiencies.