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ADSK News6 articles
Adobe Gains 6% But AI Base Remains Small, Valuation Gap Persists
Adobe shares jumped 6.1% to $225.11, yet ended the week down 5.1%. AI-first ARR surpassed $500 million, but remains a small fraction of total ARR, leaving a significant valuation discount.
Technology
Figma Surges 11.8% on Russell Index Inclusion and Heavy Options Activity
Figma shares surged 11.8% after being added to the Russell 3000, with heavy call buying and short covering driving the rally. The company's AI adoption and strong Q1 revenue growth support investor optimism.
Technology
Tech Rebound, Eased Iran Tensions Propel Wall Street Higher
Wall Street surged Thursday as tech stocks rebounded and oil prices fell after President Trump canceled planned strikes on Iran, easing inflation fears. The S&P 500 gained 1.75% to 7,394.30.
Markets
Wall Street Mixed as AI Rally Faces Key Inflation Test
U.S. stocks traded mixed Tuesday as the Dow and S&P 500 posted modest gains while the Nasdaq dipped, with market focus on upcoming inflation data and AI sector strength.
Markets
Autodesk Shares Dip After Q1 Beat, $3.6B MaintainX Deal
Autodesk shares dropped over 5% in after-hours trading Thursday, even as the company reported fiscal Q1 earnings above estimates and raised its 2027 outlook.
Earnings
Wall Street Eyes PCE Data After Dow's Record Close
The Dow hit a record high ahead of a holiday-shortened week, with all eyes on Thursday's PCE inflation report. Oil prices slid on progress in Iran negotiations.
Markets