24H|Adobe Jumped 14% in Overnight Trading After Raising Its Revenue Forecast; Arm Gained 3% on Joining Nasdaq-100 Index
Photoshop maker $Adobe$ raised its revenue forecast for fiscal 2024 on Thursday as more businesses and consumers take to its artificial intelligence-powered editing tools amid signs of an easing economy. Shares of Adobe jumped 14% in overnight trading.Nasdaq announced on Thursday that $ARM Holdings Ltd$ will be added to several of its key indexes, including the Nasdaq-100 Index, starting June 24, 2024. The British semiconductor and software design company is set to replace Sirius XM Holdings