{"id":527403,"date":"2026-03-16T19:43:22","date_gmt":"2026-03-16T19:43:22","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/527403\/"},"modified":"2026-03-16T19:43:22","modified_gmt":"2026-03-16T19:43:22","slug":"nvidias-jensen-huang-kicks-off-gtc-event-nebius-strikes-deal-with-meta","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/527403\/","title":{"rendered":"Nvidia&#8217;s Jensen Huang kicks off GTC event, Nebius strikes deal with Meta"},"content":{"rendered":"\n<p class=\"yf-1fy9kyt\">Adobe (<a rel=\"nofollow noopener\" class=\"link \" href=\"https:\/\/finance.yahoo.com\/quote\/ADBE\/\" data-i13n=\"cpos:1;pos:1\" data-ylk=\"slk:ADBE;cpos:1;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;1&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;ADBE&quot;,&quot;yHasCommerce&quot;:false}\" target=\"_blank\">ADBE<\/a>) CEO Shantanu Narayen is stepping down after 18 years in the role, the company announced on Thursday in conjunction with its first quarter earnings report.<\/p>\n<p class=\"yf-1fy9kyt\">Adobe stock fell more than % on the news.<\/p>\n<p class=\"yf-1fy9kyt\">Narayen will leave the post when a successor is found but will stay on as chair of the board afterward. The company&#8217;s board also appointed Frank Calderoni, lead independent director of Adobe, as chair of the special committee that will look for CEO candidates both inside and outside of the firm.<\/p>\n<p class=\"yf-1fy9kyt\">&#8220;I love Adobe and the privilege of leading it has been the greatest honor of my career. I will ensure that I set up Adobe for its next decade of greatness with the right leader and executive team, in partnership with the Board, while continuing to deliver on our FY26 Must Wins,&#8221; Narayen wrote in an email to employees.<\/p>\n<p class=\"yf-1fy9kyt\">&#8220;The opportunity in front of us is extraordinary. Together, we are uniquely positioned to lead it \u2014 and I remain deeply committed to doing so as we look ahead and prepare to name Adobe\u2019s next CEO. I am more confident than ever that Adobe\u2019s best days are still to come.&#8221;<\/p>\n<p class=\"yf-1fy9kyt\">For the quarter, Adobe saw earnings per share (EPS) of $6.06 on revenue of $6.39 billion, topping analysts&#8217; EPS and revenue estimates of $5.88 and $6.28 billion, respectively.<\/p>\n<p class=\"yf-1fy9kyt\">Looking ahead to the second quarter, Adobe forecast revenue of $6.43 billion to $6.48 billion. Expectations were for $6.43 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"Adobe (ADBE) CEO Shantanu Narayen is stepping down after 18 years in the role, the company announced on&hellip;\n","protected":false},"author":2,"featured_media":527404,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[182,181,507,11379,237311,4321,74,237312],"class_list":{"0":"post-527403","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-artificial-intelligence","10":"tag-artificialintelligence","11":"tag-jensen-huang","12":"tag-keynote-speech","13":"tag-nvidia","14":"tag-technology","15":"tag-upcoming-products"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/527403","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=527403"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/527403\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/527404"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=527403"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=527403"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=527403"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}