News

Adobe surpassed analysts' estimates in its first-quarter report with a revenue of $5.71 billion and adjusted earnings of $5.08 per share, reflecting year-over-year increases across its segments. However, despite positive results and reaffirmed long-term goals, Adobe's shares fell by over 3% in after-hours trading.

UiPath's fourth-quarter earnings report revealed a mixed bag of results, with the company exceeding earnings expectations but falling short on revenue. While this led to a significant drop in share price after hours, the company's focus on innovation and strategic acquisitions like Peak, an AI-native company, suggest a continued commitment to growth and leadership in the automation space.

JPMorgan Chase CEO Jamie Dimon warned of a weakening economy and negative sentiment at the 2025 National Retirement Summit, citing tariffs as a source of uncertainty. While acknowledging a weakening consumer sentiment, Dimon believes the average American won't significantly alter their spending habits due to tariffs.

Intel's stock rose significantly after naming Lip-Bu Tan as its new CEO, effective March 18, replacing interim Co-CEOs David Zinsner and Michelle Johnston Holthaus. The leadership change aims to steer the company toward growth and higher shareholder value after a period of uncertainty following former CEO Pat Gelsinger's departure.

Palantir Technologies Inc. (PLTR) shares rose 7.17% on Wednesday, mirroring a broader software sector rebound following earlier weakness due to recession concerns and trade policy uncertainties. The rebound was potentially driven by reports of a proposed joint venture between Taiwan Semiconductor Manufacturing Company Ltd. (TSM) and major chip companies, which could enhance chip production efficiency and benefit software compa...