Adobe is worth $26 billion less as DocuSign fears a ‘knee jerk reaction’ to stocks

Shares of Adobe Inc. fell to their worst performance in more than 20 months on Friday, after DocuSign Inc. delivered what some saw as the latest sign of a cooling demand for work-from-home software. DocuSign DOCU, -42.22% Chief Executive Dan Springer acknowledged on Thursday that while his electronic signature company has seen “accelerated growth” for … Read more

Apple’s iPhone successor comes into view

If you thought the fuss about Facebook, virtual reality, and the metaverse was a lot, wait until next year. In 2022, Apple is expected to unveil something that will get at least as much attention: a head-mounted device that has the potential to become the second-biggest thing after the iPhone. Meta Platforms, as Facebook’s parent … Read more

Apple’s iPhone successor comes into view

If you thought the fuss about Facebook, virtual reality, and the metaverse was a lot, wait until next year. In 2022, Apple is expected to unveil something that will get at least as much attention: a head-mounted device that has the potential to become the second-biggest thing after the iPhone. Meta Platforms, as Facebook’s parent … Read more

The share of Exela Technologies Inc. falls Friday, underperforms the market

Shares of Exela Technologies Inc. TO TELL, -7.63% slipped 7.63% to $1.09 Friday in what turned out to be an all-encompassing grim trading session for the stock market, with the S&P 500 Index SPX, -0.84% down 0.84% ​​to 4,538.43 and Dow Jones Industrial Average DJIA, -0.17% declining by 0.17% to 34,580.08. Exela Technologies Inc. closed … Read more

Weekend reads: Santa may come early for stock investors

How can you get an edge over other investors? See when company insiders use their own money to buy shares of their company. It could be a sign that better times are coming. Michael Brush believes the market weakness due to the omicron strain of the coronavirus has been exaggerated and that, along with heavy … Read more

Colorado Home with camping included launches for $33.5 million

In Colorado, an approximately 175-acre estate with a campground is on the market for $33.5 million. The property is located in Hesperus, Colorado, and contains a four-bedroom home with an indoor pool, as well as a campground with recreational vehicle hookups, kitchen and bathroom with four stalls, according to listing agent Eric Roark of the … Read more

Nvidia’s purchase of Arm looks dead. What’s next?

Font size Nvidia shares have soared higher in the past year. Justin Sullivan/Getty Images Nvidia The $40 billion purchase of Arm – billed as the largest deal in semiconductor history – appears dead in the water. The Federal Trade Commission filed a lawsuit on Thursday to block the deal, citing competition concerns and all but … Read more

Nvidia’s purchase of Arm looks dead. What’s next?

Font size Nvidia shares have soared higher in the past year. Justin Sullivan/Getty Images Nvidia The $40 billion purchase of Arm – billed as the largest deal in semiconductor history – appears dead in the water. The Federal Trade Commission filed a lawsuit on Thursday to block the deal, citing competition concerns and all but … Read more

Snowflake share rises to best day in a year after ‘phenomenal’ gains

The shares of Snowflake Inc. outperformed in a year after the software company’s latest earnings report was met with high praise. Snowflake shares SNOW, +15.85% rose 15.9% in Thursday trading to record its biggest one-day percentage gain since December 3, 2020, when the stock rose 16.1%. The company saw its revenue more than double in … Read more

Vir Biotechnology, Digital World Acquisition, Apple: What to watch in the stock market today

US stock futures rose, indicating that markets were poised for another rocking day, driven by uncertainty about the potential impact of the Omicron Covid-19 variant. Here’s what we’re looking at during Thursday’s trading session: Stocks in the travel and leisure sector extended their recent swings of the Omicron variant, a rising pre-market with stronger risk … Read more