(Bloomberg) — Adobe Inc. fell in extended trading after giving a disappointing annual sales outlook, underscoring anxieties that the creative software company may lose business to emerging artificial intelligence-based startups. Most Read from Bloomberg Revenue will be about $23.4 billion in the fiscal year ending in November 2025, the company said Wednesday in a statement. […]

Macy’s finally released its third-quarter earnings on Wednesday after having to delay it due to a massive accounting scandal caused by one employee. The employee, who no longer works for Macy’s made one mistake that led to years of coverup. We’re right in the middle of the holiday season, and Macy’s is making news—not just

The battle to get here was certainly an uphill one, but people are generally feeling better about the economy and their finances than they once did. On top of that, the economy has been easing into an ideal, Goldilocks-like position — not running too hot or cooling too quickly. Throughout 2024, consumer sentiment data showed

Vahe Kuzoyan, left, and Ara Mahdessian, the founders of ServiceTitan. ServiceTitan ServiceTitan, a provider of cloud software to contractors, priced its IPO at $71 a share on Wednesday, above the expected range. The company is set to debut on the Nasdaq on Thursday under ticker symbol “TTAN.” ServiceTitan previously raised its price range to between

Key Takeaways GE Vernova shares gained 5% on Wednesday, one day after the energy equipment maker raised its long-term sales outlook, declared a dividend and announced a stock-buyback plan.  The stock broke down below the lower trendline of an ascending triangle on Tuesday, but staged an intraday reversal to close back within the pattern today,

(Bloomberg) — Michael Saylor’s MicroStrategy Inc. checks all the boxes for inclusion in the Nasdaq 100 Index, a development that would trigger purchases of the shares by the $451 billion worth of exchange-traded funds around the world that directly track the benchmark. Most Read from Bloomberg Yet market watchers are entertaining the possibility it gets

(Bloomberg) — The main owner of US chocolate maker Hershey Co. has rejected a preliminary takeover offer from Mondelez International Inc., people familiar with the matter said, potentially ending a fresh pursuit that would’ve created a food giant with combined sales of almost $50 billion. Most Read from Bloomberg Hershey Trust Co., which has roughly

A notebook found with Luigi Mangione contains a description of killing a CEO that matches details of his alleged murder of UnitedHealthcare’s CEO in New York last week, NBC News reported Wednesday. “What do you do?” a section of the notebook says. “You wack the CEO at the annual parasitic bean-counter convention,” the notebook says.

Are You In The Top 3% Of Retirees? Here’s The Shockingly Low Amount You Need Saved To Rank Among The Richest Regarding retirement savings, we all hear about the elusive “top 3%.” But how much does it take to get there? Turns out, the number might surprise you. According to data from the Federal Reserve

Key Takeaways In Vanguard’s 2025 outlook, analysts suggest that long-term investors could benefit from swapping their classic 60/40 portfolio for one that leans more heavily on fixed income. They recommend increasing fixed-income exposure to shift to a 50/50 equity and fixed-income allocation—or even a 40/60 allocation. Vanguard analysts are optimistic about a more conservative portfolio