HomeIndustriesTechnologyADBE Dives, INTC Jumps After Adding CEO

ADBE Dives, INTC Jumps After Adding CEO

Adobe (ADBE) slips despite 1Q earnings beating Street expectations. Jenny Horne looks at analyst activity, pointing to several price target cuts on the software provider. She says guidance came in around the midpoint of estimates, but some investors could see that as underwhelming. Then, Jenny looks at the move for Intel (INTC) after appointing a new CEO in the midst of reports that TSMC (TSM) is targeting a partial takeover of its foundry businesses.

Morning Trade Live

13 Mar 2025

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