Adobe (ADBE) stock opened lower on September 11, and D.A. Davidson senior analyst Gil Luria believes the decline was justified. Luria rates the software giant a Buy and has a $250 price target on the stock. “Adobe has been characterized as an AI loser,” he admitted in a recent interview with CNBC today. But it’s
SpaceX (SPCX) stock rose more than 1% on Friday to around $149 after initially slipping, extending its recovery from this week’s decline as investors digested another major artificial intelligence compute agreement. The latest contract could add $1.11 billion in monthly revenue beginning December 1, according to CFO Bret Johnsen, who disclosed the agreement at Goldman
Investors are heading into next week’s Federal Reserve meeting with expectations of a rate hike at their strongest levels in months after August inflation data showed that price pressures remain stubbornly high. The Consumer Price Index released Friday showed headline inflation rising 0.4% in August from July and 3.4% over the past year. Both readings
Gold prices edged higher on Friday but remained on course for a third straight weekly decline as investors waited for US consumer inflation data that could decide whether the Federal Reserve raises rates next week. Spot gold rose 0.4% to about $4,338 an ounce in Asian trading, after sliding sharply on Thursday. Bullion is still
Zcash price has fallen 12.5% over the past 24 hours to around $1,087 on Friday, putting the $1,000 level back in focus after ZEC retreated from this week’s record high near $1,300. CoinGecko data put ZEC at $1,087.24 at the time of writing, after the privacy coin fell as low as roughly $1,056 during the
The Hang Seng Index remains in a deep bear market and is hovering at its lowest level since July 17th as the crisis between the US and Iran escalates. It dropped to 24,570, down by over 11.65% from its highest level this year. Crude oil prices are raising inflation concerns The Hang Seng Index dropped
Bitcoin (BTC), Ethereum (ETH) and XRP remained under pressure on Friday as the broader cryptocurrency market extended its weekly decline. Bitcoin has lost more than 4% this week and trades below $77,000, while Ethereum and XRP have fallen approximately 2.5% and 5%. ETH recently faced rejection at a major resistance level, while XRP’s break below
Brent crude is approaching $110 a barrel after one of its strongest weeks this year, but oil bulls may soon face a different problem: the rally itself. The benchmark traded around $108.44 early Friday after touching $109.97, putting it on course for a weekly gain of nearly 13%. Supply fears remain genuine, with traffic through
Anthropic says it has disrupted attempts to use Claude for weapons development, mass surveillance and potentially dangerous biological research. The cases matter because AI can compress technical work that once required teams and longer timelines. The cases appear in Anthropic’s September 10 threat-intelligence report, covering activity detected between December 2025 and August 2026. The company
BP’s share price has continued its uptrend today, with investors betting on stronger profitability as energy costs rise. The stock jumped to 572p, its highest level since April 28 and 27% above its July low. With crude oil prices surging, this rally could well continue in the coming days. Crude oil prices are soaring BP