Adobe (NASDAQ:ADBE) shares traded up 3.32% to $255.31 as investors weighed a deeply discounted valuation of roughly nine times forward earnings against fears that AI will disrupt its software. The stock is down about 28% to 30% this year, and volume is well below …
AudioEye (NASDAQ:AEYE) shares traded up 11.64% to $7.77 after the company announced that its Board has authorized the repurchase of up to $15 million of common stock, expiring on October 18, 2027. The company plans to fund the program with working capital and cash …
BlackBerry (NYSE:BB) shares traded up 6.37% to $8.68 after its QNX division announced a royalty backlog above $1.2 billion, a new record for the business. The figure is up more than $250 million, or over 26%, from about $950 million reported at the end …
Braze (NASDAQ:BRZE) shares traded up 51.39% to $45.48 after Salesforce (NYSE:CRM) announced a definitive agreement to acquire the company. Holders of Braze Class A common stock will receive $47.50 in cash per share, which equates to an enterprise value of about $5.66 billion.
Intuit (NASDAQ:INTU) shares traded up 3.17% to $335.95 after the company launched Credit Karma Tax, a self-guided filing service with $0 federal filing and a flat $15 fee per state, regardless of tax complexity. It is available on the Credit Karma website and app.
Klaviyo (NYSE:KVYO) shares traded up 9.90% to $19.26 after Salesforce (NYSE:CRM) agreed to acquire rival customer engagement platform Braze (NASDAQ:BRZE) for about $5.66 billion, or $47.50 per share in cash. Investors appear to be re-rating Klaviyo against that deal benchmark.
Meta Platforms (NASDAQ:META) shares traded down 2.03% to $691.11 ahead of its third-quarter report, due after the close on Wednesday. Investors are weighing the AI spending debate, with Muse AI monetization and 2027 capital expenditure commentary seen as the key swing factors.
Pony AI (NASDAQ:PONY) shares traded up 8.92% to $5.46 after the company said it will report unaudited third-quarter 2026 results before the U.S. market opens on Wednesday, November 18. Management will hold a conference call the same day, with a replay available through November …
Q2 Holdings (NYSE:QTWO) shares traded up 6.49% to $66.26 as investors positioned ahead of its third-quarter report, due after the close on October 28, and as software shares attempted to rebound from last week's AI-driven selloff. The stock is outperforming the broader technology sector.
Salesforce (NYSE:CRM) shares traded down 1.06% to $239.87 after the company announced a definitive agreement to acquire Braze (NASDAQ:BRZE) for $47.50 in cash per share, an enterprise value of about $5.66 billion. Investors are weighing the cash outlay against the added engagement and AI …