Closing Bell Overtime: Adobe CEO On AI In Photoshop, Ethical Worries; Yelps Activist Shareholder On Why It Needs To Sell Itself 5/23/23

Published: May 23, 2023, 9:08 p.m.

b'Stocks drifted lower throughout the day as debt ceiling talks stalled. BD8\\u2019s Barbara Doran and Edward Jones\\u2019 Craig Fehr broke down the market action. Earnings from Palo Alto Networks and Toll Brothers. Adobe CEO Shantanu Narayen discussed his company\\u2019s major announcement on AI in Photoshop while also touching on the ethical implications of AI. Yelp stock soared after activist shareholder TCS Capital sent a letter to the board demanding it explore a sale. TCS President Eric Semler joined the show to talk why his plan makes the most sense for shareholders. Benefit Street Partners President Richard Byrne talks the current opportunities in credit markets. Plus, our Steve Kovach on Apple and Broadcom\\u2019s multibillion-dollar deal for US-made chips.'