Twitter Shares Sink as COO Leaves, and Adobe on the Rise
Shares of the social media company fell as much as 4 percent after COO Anthony Noto said he was stepping down to take over as CEO of fintech start-up SoFi.
Plus Adobe raised its forecast for earnings this year, thanks to tax reform. The company saying a lower corporate tax rate will significantly boost results for the rest of 2018.
And GoPro gets a downgrade from Morgan Stanley. And we take a look at how Disney shares are trading after UK regulators tried to block Fox's acquisition of Sky, one of the linchpins in Disney's planned takeover of Fox.
Adam Turnquist, Chief Technical Strategist for LPL Financial, weighs in on the latest CPI data, what could get the Fed to lower borrowing costs, and the crypto rally.
Mark Hamrick, senior economic analyst at Bankrate, breaks down the current housing market and why he’s expecting affordability will get better as the year goes on.
