GM 🌤️
August CPI: 3.4% YoY. Core prices posted their biggest monthly rise since May. Odds of a Fed hike next week: nearly 90%.
And yet, stocks found a pulse. Oil pulled back, and all three major U.S. indexes gained nearly 1% on Friday.
Still down for the week. But that rally was pure Friday energy: too tired to work, miraculously recovered for happy hour.
#USStocks
$ADBE beat revenue and EPS estimates and raised its full-year outlook.
Q4 revenue guidance came in $25M below consensus at the midpoint.
A gap so small you’d need Photoshop’s zoom tool to spot it.
#AI