Adobe (NASDAQ: ADBE) disclosed on Wednesday its encounter with regulatory scrutiny over subscription models, which has impacted both its revenue projections and stock performance. The San Jose-headquartered company revealed its collaboration with the Federal Trade...
Dow Rises as Inflation Cools Once More, Focus Turns to Pending Fed Decision On Tuesday, the Dow surged, primarily led by the tech sector, riding on the continuing slowdown in inflation. This decline in inflationary pressure bolstered hopes for an early rate cut next...
A federal judge in Virginia dismissed Centripetal Networks’ patent infringement claims against Cisco Systems in a multi-billion-dollar battle over network-security technology. The case, previously awarded $2.75 billion in damages to Centripetal in 2020, marked...
Markets Close Strong on Monday as Dow Hits Record Highs, Fed Meeting and Key Economic Data Awaited Monday saw the Dow closing on a high note, continuing its recent upward trend as investors eagerly awaited a pivotal week packed with market-moving events. The S&P...
In a post-hours rollercoaster, Oracle (NYSE:ORCL) took a sharp 9% dive after releasing its Q2 results. The tech giant pointed fingers at a challenging economic backdrop and fierce cloud competition, denting the demand for its cloud services and denting their quarterly...