The acquisition of Topaz Labs will help Adobe offer both content creation and content enhancement tools to users.
Investor interest in the broader space sector is reignited. Planet Labs PBC rallied over 15% after Rocket Lab announced its $8 billion acquisition of Iridium Communications.
With the announcement of the first custom AI chip from OpenAI, Wedbush has another reason to be bullish on Broadcom.
Huntington Bancshares is scheduled to report its second-quarter results in July, and analysts expect a single-digit earnings rise.
Blackstone will release its second-quarter earnings soon, and analysts anticipate a low double-digit bottom-line growth.
Textron will release its second-quarter earnings soon, and analysts anticipate a low single-digit profit dip.
Newmont will release its second-quarter earnings soon, and analysts anticipate a double-digit bottom-line growth.
Lennox International will release its second-quarter earnings soon, and analysts anticipate a single-digit profit dip.
Hasbro will release its second-quarter earnings soon, and analysts anticipate a high single-digit profit dip.
L3Harris Technologies is expected to announce its second-quarter earnings soon, and Wall Street expects the company’s EPS to rise marginally.