Warner Brothers Discovery (WBD) having a good week on takeover talk. The streaming giant is up 11% today after rallying 30% yesterday as Paramount Skydance which is smaller than Warner Brothers is looking to buy them out for over $39 billion. Warner Brothers studios is having a good year with movies like Superman, FI and Sinners. HBO Max is also improving their line up of movies and series.  

Profit-taking in Adobe (ADBE). The acrobat software is down 2% even though the company beat earnings estimates by 13 cents as sales rose 10% to $5.99 billion. Guidance was good as AI demand continues to grow. BMO Capital downgraded the stock with a $405 price target.

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