Doubts

• ईरान-अमेरिका संघर्ष के बीच तेल की कीमतों में भारी उछाल आया, जिससे वैश्विक आपूर्ति को खतरा पैदा हो गया, लेकिन 29 अप्रैल, 2026 को Visa और Starbucks की मजबूत आय के दम पर अमेरिकी शेयर रिकॉर्ड ऊंचाइयों के करीब स्थिर बने रहे। • S&P 500 में 0.1% की मामूली गिरावट आई, Dow 286 अंक या 0.6% गिरा, Nasdaq में 0.1% की बढ़त हुई; CEO Ryan McInerney के अनुसार मजबूत उपभोक्ता खर्च के कारण Visa के शेयरों में 8.3% का उछाल आया, जबकि Starbucks नॉर्थ अमेरिका में प्रति-विजिट अधिक खर्च के कारण 8.6% चढ़ा। • Federal Reserve के अधिकारियों ने 2026 में ब्याज दरों में कोई कटौती नहीं करने का संकेत दिया, जिससे निवेशकों के अनुमान लगभग समाप्त हो गए और ऊर्जा की कीमतों से बढ़ी मुद्रास्फीति के कारण दरों में बढ़ोतरी की संभावना बढ़ गई; बॉन्ड बाजार में अस्थिरता देखी गई।

Standoff between Iran and US continues as both impose blockades of critical shipping waterway Iranian forces have seized two ships in the strait of Hormuz, as the US and Iran doubled down on imposing separate blockades of the critical shipping waterway that have choked global energy markets.The standoff over the narrow waterway – through which about 20% of the world’s oil and liquefied natural gas passed through during peacetime – raised doubts about whether stalled peace negotiations would resume. Continue reading...

• Oracle reported earnings that exceeded expectations, lifting its stock price, while Adobe continues to face investor skepticism over its AI strategy and competitive positioning amid broader tech sector repricing. • Morningstar downgraded Adobe's economic moat rating alongside Salesforce and ServiceNow, citing concerns that AI disruption could erode traditional software competitive advantages and justify lower valuation multiples. • The broader earnings season reveals a disconnect between traditional valuation metrics and AI disruption risks, prompting investors to reassess which software companies can sustain pricing power and market share in an AI-transformed landscape.

• Adobe's CEO announced his resignation on March 13, 2026, causing the stock to plunge 7.6% in U.S. trading on Friday amid renewed skepticism over its AI initiatives. • The S&P 500 fell 0.6% to around 6,632, with Nasdaq Composite down 0.9%, pressured by oil prices near $100 per barrel from Iran tensions. • This leadership change revives investor concerns about Adobe's competitiveness in AI tools against rivals like OpenAI integrations in competitors.