Adobe is offering a 30% discount on its Firefly Pro Plus plan for a full year, reducing the monthly cost from $50 to $35. This promotion includes unlimited image and video generations, access to advanced AI models like Kling 2.5 Turbo, Nano Banana Pro, and Nano Banana 2, and unlocks Adobe Photoshop web and mobile apps, along with Adobe Express Premium. The deal aims to provide users with more creative freedom without usage caps and is available until October 21.

Coherent Corp. presented at the European Conference on Optical Communication (ECOC 2026), held from September 21st to September 24th, 2026. The presentation included remarks by Sanjai Parthasarathi. The article provides a transcript of this event, but the full content is reserved for subscribers.

Bank of America has raised its year-end S&P 500 target to 7,400 and its 12-month target to 7,800, citing strengthened earnings and a shift in the AI trade. The bank upgraded Communication Services, dominated by Alphabet and Meta, to marketweight, expecting cloud revenue growth to outpace capital expenditures by 2027. While a sell-off risk remains due to inflation, BofA prefers hyperscalers over the chip trade, though it notes concerns about off-balance sheet commitments and the potential impact of private company IPOs on public markets.

BMO Capital has reiterated its Outperform rating for Intuit Inc. with a $412 price target, citing the company's strategic use of AI and strong market position to drive double-digit growth. Despite a 55% stock decline over the past year, InvestingPro analysis indicates the company is significantly undervalued. Intuit's strategy focuses on aggressive pricing for customer growth in its Consumer segment and expanding mid-market and services in Small Business, supported by an 81% gross profit margin and 14% revenue growth.

Celestica (TSX:CLS) is garnering increased market attention due to a recent reshuffle in its finance leadership and strong share price performance. The leadership transition is seen as aligning with the company's growth strategy in advanced networking and infrastructure. Despite a recent short-term pullback, the stock has shown sustained momentum, leading to a split in valuation views between continued growth optimism and caution regarding its current premium earnings multiple.

Qualcomm (QCOM) experienced a significant intraday jump of nearly 6%, reaching $190.91, which is a rare occurrence for the $204 billion chipmaker. This increase in stock value reflects a potential shift in market perception regarding the company's near-term prospects. The article emphasizes that the stock's ability to maintain these levels will determine the long-term significance of this single-day gain.

Broadridge Financial Solutions has appointed Richard Anton as General Manager and Head of Global Technology and Operations (GTO), Canada. Anton will focus on advancing Broadridge's wealth strategy and strengthening its position with financial institutions, leveraging his 30 years of financial services experience. He succeeds Chad Alderson, who will move to a premium account leader role within Broadridge’s Global Sales and Marketing organization.

Fidelity National Information Services (FIS) recently hit a new 52-week low of $35.46. Despite mixed analyst ratings, with an average "Hold" and price target of $53.46, the company surpassed quarterly earnings expectations and declared a $0.44 dividend. Institutional investors have significantly increased their stakes, holding 96.23% of the company's stock.

Jefferies analyst Brent Thill believes that Microsoft's software business, particularly Microsoft 365 Cloud with its AI add-ons, is the most underappreciated driver for the company's future growth. While investors focus on cloud computing, Thill highlights the significant revenue potential in enhancing traditional enterprise software like Word and Excel through artificial intelligence. This perspective suggests a key opportunity often overlooked in Microsoft's overall AI narrative.

Pedro Pizarro, CEO of Edison International, was interviewed on CNBC's 'Squawk on the Street' to discuss critical topics. The discussion focused on the growing power demand from data centers and the increasing pushback against artificial intelligence and data center expansion.