Browsing: jumps

Salesforce has just delivered a sharp 23.8% gain over the past month, which puts fresh attention on whether the current share price lines up with what its earnings can reasonably support. With the stock last closing at US$242.85, investors are asking how much of the recent AI and product news is already embedded in that…

Elisa de Martel, who was chief financial officer at Alphabet’s autonomous vehicle company Waymo, has been hired to the same position at buzzy self-driving vehicle startup Wayve. Outgoing CFO Max Warburton, who held the position at Wayve since 2024, is moving into a strategic advisory role supporting the company’s leadership team.

Adobe shares rose 4.2% to $262.83 Monday as investors rotated toward software companies that could benefit if the AI arms race cools. Adobe (NASDAQ:ADBE), the creative, document and digital-experience software leader, suddenly found itself on the other side of the AI trade as semiconductor stocks were hammered. Reuters highlighted Adobe and ServiceNow among the software…