Adobe Inc.

Here's Bret Taylor's first big technical change at Salesforce since becoming co-CEO last year

Here’s Bret Taylor’s first big technical change at Salesforce since becoming co-CEO last year

Bret Taylor, co-CEO of Salesforce, speaks at the Viva Technology conference in Paris on June 15, 2022. Nathan Laine | Bloomberg | Getty Images Ten months after his promotion to co-CEO of Salesforce, alongside famed founder Marc Benioff, Bret Taylor is gearing up to take the stage at the annual Dreamforce conference for the first …

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Adobe's stock has come under fire for spending $20 billion on Figma.  But he now owns a rare business.

Adobe’s stock has come under fire for spending $20 billion on Figma. But he now owns a rare business.

Adobe beat revenue and profit expectations and announced the same day that it would acquire a smaller but faster-growing rival in online design collaboration tools. The stock market rewarded the company by driving down its ADBE shares, -3.12% to the lowest level in almost three years. Investors punished the company not for its earnings report, …

Adobe’s stock has come under fire for spending $20 billion on Figma. But he now owns a rare business. Read More »

Meet the 30-something about to sell his company to Adobe for $20 billion

Meet the 30-something about to sell his company to Adobe for $20 billion

Almost overnight, this 30-year-old has become the tech world’s newest titan – and is on his way to becoming one of the world’s youngest billionaires. Dylan Field, co-founder and CEO of San Francisco-based Figma, is set to enjoy an epic bargain after Adobe ADBE, -3.12% announced plans to acquire his company for $20 billion this …

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Here are Friday's biggest analyst calls: Amazon, FedEx, Tesla, Apple, Snowflake and more

Here are Friday’s biggest analyst calls: Amazon, FedEx, Tesla, Apple, Snowflake and more

Here are Friday’s biggest calls on Wall Street: KeyBanc reiterates Apple as overweight KeyBanc said Apple shares remain attractive. “We recommend owning AAPL. Our KFLD (KeyBanc First Look Data) shows indexed spend was +2.0% m/m in August, compared to the three-year average of +1.0%. positive, quarterly data seems to follow +15% where September should be …

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The $20 billion deal with Figma is a historic blow for startup investors in an otherwise miserable year

The $20 billion deal with Figma is a historic blow for startup investors in an otherwise miserable year

Adobe is paying 2021 prices. It’s 2022. Wall Street hates him. Silicon Valley is thrilled. In a year that has featured exactly no high-tech IPOs and far more headlines about mass layoffs than big funding rounds, Adobe’s acquisition of Figma for $20 billion on Thursday is what some might call a narrative violation. There were …

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The big inflation report in the coming week could determine whether this market rally continues

The big inflation report in the coming week could determine whether this market rally continues

Stocks could continue to rise early next week as investors await a major consumer inflation report on Tuesday. The consumer price index for August is one of many reports on a busy economic calendar in the week ahead, but it’s the only final data point that market strategists believe could help determine how much the …

The big inflation report in the coming week could determine whether this market rally continues Read More »