Stock Movers Microsoft Agreement, Adobe Beats, RH Trims
8 snips
Sep 12, 2025 OpenAI is moving closer to becoming a traditional for-profit entity, negotiating a hefty investment from Microsoft. Meanwhile, Adobe's stock soared after beating earnings expectations, reassured by strong annual recurring revenue despite AI competition. In contrast, luxury furniture brand RH experienced a drop in stock value as it revised its sales outlook downward, citing tariffs affecting its catalog. Speculation of an acquisition has also set Warner Brothers Discovery's stock on a rise, reflecting broader industry trends.
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OpenAI-Microsoft Deal Calms Market
- OpenAI and Microsoft reached preliminary terms that calm fears about their partnership and hint at structural change.
- The deal signals OpenAI may be moving closer to a for-profit structure with large equity arrangements for its nonprofit arm.
Adobe Eases AI Competition Fears
- Adobe beat expectations and raised guidance, easing concerns about AI competition in creative software.
- Analysts highlighted annual recurring revenue as a strong metric supporting the upbeat reaction.
Tariffs And Housing Hit RH
- RH cut its sales outlook and blamed new U.S. tariffs for catalog delays, hitting the stock sharply.
- CEO described the housing market as deeply weak and said discounts are necessary to keep furniture businesses afloat.