In a note to clients released on Friday, Barclays adjusted its rating for design software company Adobe, moving it from overweight to equal weight. The downgrade follows Adobe’s announcement regarding CEO Shantanu Narayen’s impending departure, contingent upon the appointment of a successor. Narayen, having served as CEO since 2007, will continue in his role as Read More
Dow Futures experienced a slight increase following a session characterized by mixed trading. Concerns persist regarding potential developments in the trade narrative, even in light of a recent accord between the U.S. and China. However, the agreement has prompted Barclays to retract its forecast of a U.S. recession occurring later this year. Investors are shifting Read More
