Today: 9 July 2026
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Earnings Reports 8 June 2026 - 12 June 2026

Adobe Tumbles After CFO Departs, Even as Q2 Hits Records and AI Adds Growth

Adobe Tumbles After CFO Departs, Even as Q2 Hits Records and AI Adds Growth

• Adobe shares fell 6.25% to $218.80 at Thursday’s close. Premarket quotes early Friday pointed to around $208.17.• The company posted a Q2 revenue record at $6.62 billion and reported non-GAAP EPS of $5.96. Both numbers beat analyst expectations.• Still, investors zeroed in on CFO Dan Durn’s exit on June 15 and raised questions about Adobe’s approach to monetizing AI, despite a bump in the full-year outlook.
Cracker Barrel Jumps After Surprise Profit Forces Investors to Rethink Turnaround

Cracker Barrel Jumps After Surprise Profit Forces Investors to Rethink Turnaround

Cracker Barrel Old Country Store, Inc. shares jumped Wednesday as the company posted an unexpected profit for its fiscal third quarter and lifted its full-year guidance. Investors took that as the strongest proof so far that Cracker Barrel’s turnaround is starting to take hold after a stretch of sluggish traffic and brand issues. The stock was last at $45.81, up $9.51, about 26%, with volume topping 6 million shares. It opened at $43.50 and hit $48.88 earlier in the day.
J.M. Smucker Stock Is Rising Before the Bell — The Earnings Beat Comes With a Sales Warning

J.M. Smucker Stock Is Rising Before the Bell — The Earnings Beat Comes With a Sales Warning

J.M. Smucker shares rose before Tuesday’s opening bell after the Folgers coffee and Jif peanut butter maker beat fourth-quarter profit estimates and projected higher fiscal 2027 earnings, even as it warned that annual sales would fall. The stock was quoted at $105.10 in extended trading at 09:01 a.m. EDT, up 3.16%; the NYSE core session was due to open at 9:30 a.m. Eastern time.
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Stock Market Today

  • BNY Mellon Stays Positive on S&P 500 Long Term, Sees 7,300 Next Year
    July 9, 2026, 2:18 AM EDT. BNY Mellon (BNY) is sticking to its long-term bullish call on the S&P 500, saying the index has held up through wars, recessions, inflation, and market corrections since 1926 and keeps pushing higher over time. The bank is telling investors to keep a long-term mindset and focus on building wealth instead of trying to time the market. BNY put out a 12-month S&P 500 target of 7,300, with a possible bounce as high as 7,700 or a flat patch down at 5,700. That sits between Citi's more aggressive 8,100 target and Bank of America, which is at 7,100. All this as the latest geopolitical risks build around Iran. BNY is urging patience and discipline while markets stay choppy.
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