Wall Street Breakfast

Adobe drops on light guidance despite quarterly beat

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Synopsis

Adobe (ADBE) tumbles as Q2 forecast falls short of expectations; unveils $25B buyback. (00:27) WW International (WW) expects to beat previously given Q1 subscriber guidance. (01:29) Apple (AAPL) acquires Canadian startup DarwinAI as AI arms race accelerates: report. (02:25)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers today: ADBE, GERN, and moreNew York says first U.S. utility-scale offshore wind farm starts operationsSamsung expected to be awarded over $6B for expanded US investmentNippon Steel defends deal for US Steel after Biden criticismSign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.