đź’µ These Gains Aren't Photoshopped

Adobe's killer earnings report, Dan Ives trillion-dollar prediction and more

Happy Friday Zingernation! You probably won’t get rich buying meme coins. You most likely won’t build wealth playing roulette at the casino. You definitely won’t make any money tailing my sports bets. But if you do want to get your pockets up, here are Mark Cuban’s tips.

—Aaron Bry & Nic Chahine

Plus, check out Elon Musk’s new AI device that could disrupt the entire industry.

MARKET SNAPSHOT

Yesterday: Broadcom, Nvidia and other semiconductor / AI plays led the day (shocker) and the overall market hit new all-time highs… what is this, Groundhog’s Day?

On Our Radar: A light day for earnings, but we will get the import price index before the open, consumer sentiment at 10am ET and then some Fed Speak scattered throughout the day.

TOP STORY

Briefly: Adobe reported financial results for the second quarter after the market close on Thursday. Here’s a look at the key metrics from the quarter.

Q2 Earnings: Adobe reported second-quarter revenue of $5.31 billion, beating the consensus estimate of $5.292 billion. The company reported quarterly adjusted earnings of $4.48 per share, beating analyst estimates of $4.39 per share.

So: Adobe has now beaten analyst estimates on both the top and bottom lines in six consecutive quarters, according to Benzinga Pro. Click here to read more about the company’s growth drivers and AI plans.

PRESENTED BY INVESTOR PLACE

PayPal was not a popular idea at first. In the late 1990s, when most people were still mailing checks, Elon Musk’s idea of making payments over the internet was unimaginable. Now, though, PayPal is a promising contender in the ever-competitive AI boom. It seems that everything Musk has done throughout his career sounded insane at first…

Which is why it’s important that you pay attention to his latest, strange invention. It’s an AI device that could be the most powerful technology ever created. This new idea is set to shock the world once again – and this time, you don’t want to be a nonbeliever. 

FIVE ZINGERS

Join The Club: There are only six companies worth more than a trillion dollars… but Dan Ives thinks this could be the next one.

Magic Or Tragic?: So far, it’s been a slow summer for movies. But Disney’s hoping it can pull off some magic tricks with these movies.

Achieve The Impossible: $NFLX will stream a hot dog competition with Joey Chestnut and Kobayashi, here’s why Bill Gates might be the winner.

A Match Made In Heaven?: Thought GameStop’s stock was a speculative asset now? Some want the company to implement a Bitcoin strategy.

Stack It Up: The average American couple has saved this much money for retirement — How do you compare?

ONE FOR THE ROAD
Excited Episode 12 GIF by The Simpsons

Briefly: Netflix is actively seeking a production partner for the NFL games it plans to air on Christmas Day, with discussions reportedly underway with major broadcasters.

What Happened: Netflix is in the process of reaching out to broadcasters to find a partner for the NFL games it will broadcast on Christmas Day, as well as in 2025 and 2026, reported NBC News on Monday.

So: This marks Netflix’s first significant venture into traditional live sports, driven by its desire to expand its advertising tier. The company is looking for a production partner to help with the Christmas NFL games. Here are the companies Netflix is considering and what it means for their stocks.

Join us for a dive into the world of 0DTEs (Zero Day to Expiry) for beginners and experts alike. Cboe Global Markets’ analysts will discuss advanced trading strategies, real-time market analysis, and actionable insights that will help you navigate same-day trading with confidence and success.

Date: Tuesday, 6/18
Time: 12:00 pm - 1:00 pm EST

Click here to register.

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