Adobe’s CEO Steps Down, Oil Tops $100

The Rundown · Mar 13, 2026 · 9m

Market update for Friday March 13, 2026

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In today’s episode:

Oil surges past $100 as the Strait of Hormuz remains shut down

Adobe CEO Shantanu Narayen announces plans to step down

Tesla sales rebound in China while BYD deliveries fall

Ulta shares drop after issuing weaker growth outlook

MLB team values approach $3B despite razor-thin profits