Diamonds and Dogs

3/15/23

Adobe (ADBE) jumps on earnings. Adobe is up 4% thanks to record revenue and raised guidance. Tech in general had a great day as investors moved out and away from the financial industry.

 

More banking Issues. This time, Switzerland's second-biggest lender, Credit Suisse (CS) is down 20% on concerns of bad debt on the books and liquidity issues. Credit Suisse has asked the Swiss National Bank and the Swiss regulators to show support for the battered bank. The financial ripples are being felt everywhere.

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