Software maker Adobe was on the receiving end of a downgrade to sell, with the analyst arguing generative artificial intelligence is eroding the company’s moat. Analyst Omar Sheikh at Rothschild & Co.
U.S. stocks traded lower this morning, with the Dow Jones index falling more than 1% on Friday. Following the market opening Friday, the Dow traded down 1.14% to 42,477.07 while the NASDAQ dipped 0.77 ...
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