Closing Bell Overtime: Adobe CEO On How AI Is Shifting Its TAM; UPS CEO On Global Green Shoots 3/26/24
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 26 March 2024
⏱️ 43 minutes
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| 0:00.0 | Stocks sinking into the close as the S&P 500 falls for the third straight day. |
| 0:07.0 | That's a scorecard on Wall Street, but winners stay late. |
| 0:09.5 | Welcome to the close about overtime. |
| 0:11.0 | I'm John Ford with Wilford Frost. |
| 0:13.4 | John, great to be with you. I'm Wilford Frost as John says in for Morgan Braden |
| 0:17.6 | health care and financials. The outperformers while utilities, energy and tech |
| 0:22.1 | drag the market lower. |
| 0:27.8 | Yeah, I am here in Las Vegas where coming up, I'm going to interview Adobe CEO |
| 0:33.2 | Shontinun Orion this is Adobe Summit huge event for them of the year especially |
| 0:38.6 | given the backdrop of AI being a business driver and the guidance that Adobe just gave here on overtime before the call |
| 0:47.2 | about a week and a half ago, Wilf, and they're going to have an analyst day here, an investor day, going to update some figures on |
| 0:56.6 | total addressable market. |
| 0:58.1 | You're going to have those for you as well. |
| 1:00.3 | Talk to Shontinu about them in just a couple minutes. |
| 1:03.0 | John, we look forward to that exclusive interview coming up in the next five or ten minutes. |
| 1:07.0 | But first let's get reaction to the market which as Scott and Mike were just alluding to, |
| 1:12.0 | sold off quite significantly into the close of course comes |
| 1:14.4 | off a very hot week last week albeit three days in a row now of declines for the |
| 1:19.3 | S&P 500 which closed down 0.3% the Dow is the best performer of the major |
| 1:23.4 | average is down just 0.1% today the NASDAQ down 0.4 earlier in the day |
| 1:27.9 | we're talking about the prospect of a record closing high for the NASDAQ but in the |
| 1:32.2 | end down almost half of 1%. |
... |
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