Stocks should rally if the U.S. and China agree to new negotiations and a ceasefire in the trade war, but the economic impact of tariffs will continue.Market Insiderread more
Democrats want Mueller's testimony on his probe into Russian interference in the 2016 election and Trump's efforts to influence it.Politicsread more
The trade war between Beijing and Washington appears to have depressed Chinese property purchases in the United States. China's own actions may also be playing a role.Real Estateread more
More than 300 companies are talking to government officials in Washington about how detrimental the trade war is.Marketsread more
Powell stresses the central bank's independence in a speech that comes amid continuous pressure from the White House to cut interest rates.The Fedread more
The Senate is expected to pass its own version of the border aid legislation, while the Trump administration has threatened to veto both bills.Politicsread more
Markets in Asia fell on Wednesday morning after U.S. Federal Reserve Chairman Jerome Powell tempered expectations for a potential interest rate cut.Asia Marketsread more
In a text message, Grisham confirmed to CNBC that she will still be working for the first lady even as she takes on her new roles.Politicsread more
Acting Customs and Border Protection Commissioner John Sanders is resigning amid the furor over the Trump administration's treatment of migrant children.Politicsread more
NBC is taking the office back from Netflix as it seeks to bolster its own streaming service launching in 2020.Technologyread more
Wayfair employees plan to walk out tomorrow, after no action was taken in response to their opposition to the company supplying border detention camps with beds for children.Retailread more
Adobe President and CEO Shantanu Narayen said Tuesday he's bullish on the company's 2019 outlook — despite U.S.-China trade tensions that have rattled major indexes in recent trading days.
In an interview with Jim Cramer in San Francisco, the CEO said the software firm's creative and enterprise businesses should be able to function without disruption.
"Our exposure to China in both of those is fairly minimal," he told the "Mad Money" host. "I think if you look at what we've been able to accomplish in the long run and the tailwinds that we have, we continue to be really optimistic about Adobe's prospects."
Adobe is riding the secular trends of design and creativity, two areas that Narayen said "have never been more important." People are creating content in a myriad of spaces, including for automobiles and retail experiences, he said.
The company on Tuesday announced that its digital media segment brought in $1.78 billion of revenue during its first quarter. That included $1.49 billion in its creative business, an increase of 22% year over year.
After shifting from a two-tier distribution channel to the cloud, Adobe recognized that other companies and industries would have to invest in a digital presence as well, Narayen said. That has given the company "credibility" to share its discoveries with other enterprises, while providing a platform that helps businesses monetize their digital presence, he added.
Adobe helps companies attract, engage and create an experience for customers, he said.
"Adobe is the content provider that enables all of these streams to be delivered with incredible content," Narayen said. "Given design is more important, given mobile devices are every single place, that's a tremendous tailwind."
That also goes for industries looking to stave off potential disruption by Amazon, he continued.
"The need to transform is also front and center for every C-level executive," Narayen said. "Given Adobe's been through our own transformation and has software, they want to hear from us and they want to experience that same benefit that we have been able to see."
Adobe said total revenue in its fiscal first quarter grew 25% year over year to total $2.60 billion for the period ending March 1.
Shares of the software company have gained more than 20% in 2019. The stock closed Tuesday up 1.6%.