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Investors must understand that the narrative around trade with China has evolved as the two sides work on a 'Phase One' mini-trade deal, but this is about much more than that.
The fact that two government agencies are looking into the firm's accounting practices makes the shares untouchable.
What's in focus for Adobe? Anything mentioned around net new Digital Media ARR (annualized recurring revenue)? Any mention here will likely impact the entire cloud.
CEO Ullal is going through expectations of reduced business from a large client going forward right now.
The nation enters an electoral season. The drug companies for the most part, have no friends on either side of the aisle.
In a quarter thought to be a place holder in between a glorious hardware-centric past, and the developing services based business lines, not to mention the coming 5G environment, CEO Tim Cook is to be congratulated.
I do think that this Fed Chair has learned to be cautious, in reflection of the policy errors made in late 2018.
This firm is operating at a level many thought that it would never see again.
Markets are watching what Fed Chair Powell will signal for future rate cuts during this afternoon's FOMC rate decision.