Solowin Holdings Grants 578,900 Stock Options Under Amended 2023 Equity Incentive Plan

StoneX reduced its price target for Hello Group (MOMO) to $8.00 from $10.00, citing weaker domestic spending and moderating overseas growth. The company's Q2 2026 revenue declined 5% YoY, though overseas revenue grew 52% YoY. StoneX lowered its fiscal 2026 revenue forecast to a 6% YoY decline. Hello Group's stock trades at $5.39, near its 52-week low, with a P/E ratio of 8.34 and a 5.1% dividend yield.

Microsoft CEO Satya Nadella sold $43M in MSFT stock under a pre-arranged 10b5-1 plan, not a new decision. He sold 86,525 shares at $498.24-$505.20, retaining 486,763. MSFT's Q4 revenue rose 18% to $90B, net income up 31% to $35.8B, with Azure revenue up 43%. Cloud margins at 65%.

Phil Tseng resigned as CEO of BlackRock TCP Capital Corp. (TCPC) on Aug. 31, following fund markdowns and strategic changes. Jason Mehring and Dan Worrell were appointed as new leaders. Tseng's departure was not due to a disagreement, according to the filing.

Sonida Senior Living (SNDA) was upgraded to Outperform by Baird, with a price target raised to $43.00. The stock is considered overvalued by 109.1% according to GuruFocus, with a GF Score of 50/100. Insiders have sold $10.9M in shares recently, while analysts see growth potential.

Adobe (ADBE) named Anil Chakravarthy as its new CEO, replacing Shantanu Narayen. Chakravarthy, an internal hire, will assume the role on Dec. 1. ADBE stock fell 3% on the news. The company has faced challenges due to AI and weak financial results. Narayen will become executive chair, and David Wadhwani will exit the company.

Adobe has appointed Anil Chakravarthy as its new CEO, replacing Shantanu Narayen, who will remain as chairman. David Wadhwani, previously considered for the role, has left the company. Chakravarthy faces challenges as Adobe's stock has declined amid AI competition. (ADBE)