Adobe just announced its next CEO. Here’s why its stock is dropping.

Incoming CEO Anil Chakravarthy is a company veteran. But another longtime business head will be departing Adobe, potentially foreshadowing further turnover in leadership.
The wealth of the world's billionaires reached $15.1 trillion last year, per a new report
The global billionaire count hit a record of 3,795 people last year, with the biggest wealth gains for the richest of the rich, per a recent Altrata report.
‘I currently give him $1,000 a month’: My grandson has severe mental illness. How do I protect him after I’m gone?

“I’m desperately trying to plan ahead while I’m still able.”
Snowflake has a secret weapon that’s powering its stock toward a huge gain

The company’s AI-powered coding assistant is driving major sales momentum.
Lululemon bets on ‘away from body’ pants as customers sour on form-fitting leggings

Adobe’s stock is falling as analysts question the yoga-wear maker’s fashion assortment and digest its disappointing outlook.
Automakers urge Congress to permanently ban Chinese connected vehicles in U.S.
Major automakers in the U.S. are urging Congress to ban the domestic sale, import and manufacturing of Chinese connected vehicles, hardware and software.
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This presidential election bet offers ‘free money’

Quick arbitrage opportunity shows prediction markets are still inefficient.
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Clean sweep or divided Congress, these are the midterm-elections trades to make, says JPMorgan

Some stocks will face very different environments depending on how Americans vote in November.



