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Wells Fargo Downgrades Adobe to Underweight, Says AI Survey Shows It Is Losing Budget Share

by Dylan Berman | Oct 12, 2026 | General

Adobe Inc. (NASDAQ:ADBE) shares are trading lower Monday after Wells Fargo downgraded the stock to Underweight from Overweight and cut its price target to $225, citing results from its latest survey of chief information officers on AI spending. Adobe shares are...

IREN Scores Major AI Cloud Deal With Anthropic: Report

by Anusuya Lahiri | Oct 12, 2026 | General

IREN Ltd. (NASDAQ:IREN) could unlock more value from its AI data-center infrastructure after Anthropic reportedly signed a multi-year cloud contract with the company, adding another major customer to its growing computing business.Anthropic Expands AI Capacity Through...

Netflix’s Q3 Guidance Calls for About 12% Revenue Growth. Here’s the Bar for Oct. 20

by Dylan Berman | Oct 12, 2026 | General

Netflix Inc. (NASDAQ:NFLX) shares are in the spotlight Monday, with earnings on deck, advertising and revenue growth in focus, recent analyst activity and a technical setup showing the stock trying to stabilize under its 20-day average. Earnings Preview & History...

Ted Cruz Warns Democrats Want $10 Gas Price After Opposing Tax Breaks on Tips, Overtime—Slams Their Affordability Push as ‘Train Wreck’

by Namrata Sen | Oct 12, 2026 | General

Sen. Ted Cruz (R-Texas), defended Republican economic policies, targeting Democratic proposals on taxes, health care and affordability. While speaking on Fox News’  “Sunday Morning Futures,” Cruz argued Democrats are blaming Republicans for affordability...

Transcript: Funko Q2 2026 Earnings Conference Call

by Benzinga Insights | Oct 12, 2026 | General

On Thursday, Funko (NASDAQ:FNKO) discussed second-quarter financial results during its earnings call. The full transcript is provided below. This content is powered by Benzinga APIs. For comprehensive financial data and transcripts, visit...
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