TLDR

MARKET RECAP → The S&P 500 (VOO) edged slightly higher on Thursday, staying near record levels as traders evaluated new data indicating that inflation pressures might be easing.

TRUMP MEETS WITH CEOS → 🏛️ Former President Trump held a private meeting with top CEOs to discuss economic conditions and business growth strategies, influencing market sentiment and future policies.

ADOBE BEATS EXPECTATIONS → 📊 Adobe's (ADBE) Q2 2024 earnings soared past estimates with $4.5 billion in revenue, driving a 10%+ stock jump and bullish future projections, thanks to robust demand for its cloud services and strategic AI investments.

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TODAY’S TOP NEWS

Trump Meets with CEOs

🏛️ Economic Priorities: In a private meeting with top CEOs, former President Donald Trump emphasized the importance of pro-business policies and economic growth. He discussed strategies to lower taxes and reduce regulations, aiming to create a more favorable business environment.

📈 Regulatory Reforms: Trump highlighted his commitment to rolling back regulations that he believes stifle innovation and growth. He reassured the CEOs that his policies would continue to support their efforts to expand and compete globally.

🔍 Market Impact: The meeting aimed to strengthen relationships with key industry leaders and gather support for his economic agenda. The discussions likely had implications for market sentiment, with CEOs feeling more confident about future business prospects under his proposed policies.

TODAY’S TOP NEWS

Adobe Beats Expectations

📊 Strong Performance: Adobe (ADBE) reported robust Q2 2024 earnings, surpassing analyst expectations with $4.5 billion in revenue, up 10% year-over-year. This growth was driven by strong demand for its Creative Cloud and Document Cloud services.

🚀 Stock Reaction: Following the earnings report, Adobe's stock climbed 8%, reflecting investor confidence in its continued innovation and market leadership. The company's strategic investments in AI and new product offerings played a key role in bolstering its financial performance.

🔮 Future Outlook: Adobe raised its full-year guidance, projecting sustained revenue growth and profitability. Analysts remained optimistic about Adobe's ability to maintain its competitive edge in the rapidly evolving digital media landscape.

BULL VS. BEAR

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‘Dyson spheres’ were theorized as a way to detect alien life. Scientists say they’ve found potential evidence (CNN)

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• Vimcal — Lightning-fast calendar and AI scheduling assistant

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