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Adobe’s (NASDAQ:ADBE) Q2 CY2026 Sales Top Estimates But Stock Drops
StockStory71d agobearish
Adobe’s (NASDAQ:ADBE) Q2 CY2026 Sales Top Estimates But Stock Drops

Creative software giant Adobe (NASDAQ:ADBE) announced better-than-expected revenue in Q2 CY2026, with sales up 12.7% year on year to $6.62 billion. Guidance for next quarter’s revenue was optimistic at $6.70 billion at the midpoint, 3% above analysts’ estimates. Its non-GAAP profit of $5.96 per share was 2.5% above analysts’ consensus estimates.

Broadcom’s Selloff Shows the New Rule of AI Stocks: Great Isn’t Good
24/7 Wall St.71d agobearish
Broadcom’s Selloff Shows the New Rule of AI Stocks: Great Isn’t Good

Broadcom (NASDAQ:AVGO) beat both lines last week and still got punished, which shows how this AI cycle now grades the report card. Broadcom is the second-largest AI chip franchise behind NVIDIA (NASDAQ:NVDA), supplying custom accelerators and networking silicon to hyperscalers. CEO Hock Tan has been guiding the Street toward $56 billion in AI semiconductor revenue this ... Broadcom’s Selloff Shows the New Rule of AI Stocks: Great Isn’t Good

Marvell Just Ripped 57% in a Month. Will the June 22 S&P 500 Listing Be a Sell-the-News Event?
24/7 Wall St.71d agobearish
Marvell Just Ripped 57% in a Month. Will the June 22 S&P 500 Listing Be a Sell-the-News Event?

Shares of Marvell Technology (NASDAQ:MRVL) are up 8% today, trading at around $273 in midday action on Thursday, June 11. The move extends a remarkable run that has the stock up 57% over the past month heading into its scheduled index debut. The catalyst is well known. S&P Dow Jones Indices confirmed in its June ... Marvell Just Ripped 57% in a Month. Will the June 22 S&P 500 Listing Be a Sell-the-News Event?

Uber Lawsuit Over New York Driver Rules Puts Safety Policy In Focus
Simply Wall St.71d agobearish
Uber Lawsuit Over New York Driver Rules Puts Safety Policy In Focus

Uber Technologies (NYSE:UBER) has filed a lawsuit against New York City to block enforcement of a new law that limits when it can deactivate drivers. The company argues the law threatens rider safety and violates its constitutional rights. The case centers on how much control ride hailing platforms can retain over driver access to their apps. For investors watching NYSE:UBER, this dispute goes to the core of how the company runs its ride hailing marketplace. Uber operates a global platform...

Adobe Stock Needs a Boost. Earnings Might Not Be Enough.
Barrons.com71d agobearish
Adobe Stock Needs a Boost. Earnings Might Not Be Enough.

Adobe earnings are on deck, but ongoing concerns about artificial intelligence’s impact on the business might continue to overshadow any positive financial results from the enterprise software company. Adobe is scheduled to report fiscal second-quarter financials after the stock market closes on Thursday. During this earnings season, Wall Street has had little patience for tech companies that report results that are just in line with analyst estimates after stocks and valuations have soared.

Analyst Downgrade Puts Nike Turnaround Pace And Profit Goals In Focus
Simply Wall St.71d agobearish
Analyst Downgrade Puts Nike Turnaround Pace And Profit Goals In Focus

Nike (NYSE:NKE) is under increased scrutiny after an analyst downgrade questioned the pace and scope of its turnaround under CEO Elliott Hill. The downgrade focuses on slower progress in Nike's operational and brand reset, along with concerns about margins and the credibility of current financial targets. Rising competition in premium activewear and shifting distribution trends between wholesale and direct-to-consumer channels are key pressure points. Nike enters this phase of its reset...

Will UK interest rates fall in 2026?
Moneyweek71d agobearish
Will UK interest rates fall in 2026?

The Bank of England’s Monetary Policy Committee held interest rates in April. As the Iran war threatens the UK economy, what will happen to interest rates?

Nvidia Breaks Below $200, Approaches Bear Market Territory. How Much Further Can It Fall?
24/7 Wall St.71d agobearish
Nvidia Breaks Below $200, Approaches Bear Market Territory. How Much Further Can It Fall?

The market has entered an unusual phase where investors are no longer rewarding every company tied to artificial intelligence. Instead, capital is becoming more selective. High-profile opportunities are competing directly for investor dollars, valuations are facing greater scrutiny, and even market leaders are being forced to prove they deserve premium status. That shift is now ... Nvidia Breaks Below $200, Approaches Bear Market Territory. How Much Further Can It Fall?

Oracle’s 20% Plunge Proves What Micron Knew All Along: AI Demand Is About to Collapse
24/7 Wall St.71d agobearish
Oracle’s 20% Plunge Proves What Micron Knew All Along: AI Demand Is About to Collapse

Wall Street may be turning on AI, as Oracle (NYSE:ORCL) has lost a fifth of its value in just the past five days. This was a celebrated AI darling, whose CEO went on the podium next to President Donald Trump and OpenAI CEO Sam Altman a year ago. ORCL stock is now up just 2.3% from ... Oracle’s 20% Plunge Proves What Micron Knew All Along: AI Demand Is About to Collapse