WDH - Hot Stocks: ADBE earnings; AMD gets GOOG order; ME rises in debut
Alex Potemkin/iStock Unreleased via Getty Images Software giant Adobe (ADBE) dominated the headlines late Thursday, releasing a quarterly report after the close that topped analysts' expectations. This echoed strong earnings-related moves during the session from grocery store chain Kroger (KR) and electronic manufacturing services firm Jabil (JBL). AMD (AMD) received some of the spotlight during Thursday's trading. The chipmaker was tapped for a major new Google (GOOG) (GOOGL) Cloud product. Meanwhile, Amazon (AMZN) received some headlines on the mounting creator-revenue-split war with Apple (AAPL). Meanwhile, 23andMe (ME) rallied after coming public through a SPAC and Farfetch (FTCH) got a boost from a positive analyst comment. Adobe released a standout earnings report after Thursday's close. The software maker beat expectations with its quarterly profit and provided strong guidance for its next fiscal period. On the news, shares ticked up by 3% in after-hours trading. Earnings news sparked a rally in shares
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Hot Stocks: ADBE earnings; AMD gets GOOG order; ME rises in debut