Adobe beats, CEO exits

Adobe (ADBE) slips despite record Q1 results; long-time CEO reveals plan to step down. (00:13) U.S. grants 30-day waiver for purchases of Russian oil stranded at sea. (01:22) Meta Platforms (META) delays rollout of new AI model ‘Avocado’ amid performance concerns, NYT reports. (02:34)Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers Friday: ADBE, ULTA, and moreNews Quiz: Friday, Mar. 13Apple cuts App Store commission fees in China to 25%More tariffs? U.S. launches new trade probes into 60 economies over forced laborRetail jolt: Amazon plans to move Prime Day into June for the first timeSign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.