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Finance & Markets

History Says Adobe Stock Comes Back From Deep Drops. It's Now 64% Below Its 2021 Record.

Key PointsBefore this slide, Adobe stock had dropped at least 30% from a record close eight times since 1990, and it hit a new record after every one.

We haven't written up this one. Nasdaq Markets has the full story — the link below goes straight to it.

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Gulf Congestion Rises, Fujairah Takes 28%

Fujairah records the largest concentration of waiting bulk vessels. More than six months into the Middle East shipping crisis, vessel waiting remains elevated across the Arabian Gulf and Gulf of Oman.

  • Fujairah sees 28% increase in waiting dry bulk vessels
  • 74 vessels recorded at Fujairah on 28 October
  • Supramax vessels lead the waiting list with 40%

More from Thursday 29 October →