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How Adobe’s CMO is preparing for AI-driven brand discovery



Inside Fortune 500 boardrooms, chief marketing officers are grappling with a new and uncomfortable reality: the playbook they’ve relied on for decades no longer applies. As product discovery moves from search engines to AI-driven interfaces, CMOs are being forced to rethink how marketing is measured, how teams are structured, and what it means to lead the function. 

Discussions about budgets and brand strategy still happen, but they are increasingly overshadowed by a more urgent set of questions. Which marketing metrics still matter when consumers begin their search in ChatGPT rather than on Google? How should companies structure marketing organizations when AI can produce campaigns, analyze performance, and personalize experiences at a scale that once required entire departments? Which skills matter most when the technology changes every few months?

One executive hearing those conversations firsthand is Lara Balazs, Adobe’s chief marketing officer. She spends much of her time speaking with peers who are navigating those questions.

“For years it was always, ‘Spend less with more impact,’” Balazs says. “Now I hear, ‘There’s AI. Do that.’”

The directive is vague and expansive because no established playbook exists. AI is evolving faster than most marketing organizations can adapt, leaving CMOs to build one in real time.

The pivot is already showing up in the metrics that once anchored the function. As product discovery shifts toward AI interfaces, marketing leaders are already seeing declines in traffic and revenue that were once driven by search. Brands that fail to appear in AI-generated recommendations risk being excluded from consideration before a customer ever reaches their website.

Those conversations are expanding marketing’s scope beyond campaigns into enterprise-level decisions, from technology and data infrastructure to workflow design and capital allocation alongside creative and media.

“If you are not talking to your CFO all the time, your CIO, your CTO, any business constituent around that C-suite table, you really are at a disadvantage,” Balazs says.

Marketing’s customer insights now shape decisions about technology, data, and product development, pulling CMOs into closer collaboration with finance, engineering, and IT. Financial fluency, technical literacy, and organizational leadership sit alongside brand building and demand generation as core executive responsibilities.

Rebuilding the marketing org

Early AI efforts centered on experimentation, with teams testing where the technology could deliver measurable value. That phase is giving way to more deliberate decisions about where AI should be embedded in day-to-day work and which initiatives deserve sustained investment.

Balazs encourages marketing organizations to start with a use case tied to a specific business objective. Each initiative should have an executive sponsor, clear accountability, and a team willing to test, learn, and refine before scaling.

Team structures are evolving in parallel. Companies are assembling multidisciplinary groups organized around business objectives rather than traditional functions. Balazs calls them mission teams, while others use terms like swarms or tiger teams.

The structure brings together marketers, engineers, product managers, and data specialists, enabling organizations to move more quickly as AI capabilities advance.

The metrics are changing

Search engine optimization has shaped digital marketing for more than two decades, offering a clear framework for how consumers discover products and services. That framework is beginning to give way as more consumers task AI systems with comparing products, summarizing reviews, explaining features, and recommending purchases.

For marketing leaders, that raises a new question: How often does a brand appear inside AI-generated answers, and how does that visibility influence purchasing decisions?

Adobe began examining that shift after seeing declines in traffic tied to traditional search, long a measurable revenue source. As consumer behavior evolved, the company worked to understand how much of that change was linked to large language models.

That effort led to the development of LLM Optimizer, a tool designed to track and improve the frequency with which Adobe’s products appear in AI-generated responses.

After deploying it, the company saw a 200% increase in brand visibility for its products such as Acrobat and Firefly, according to Balazs. Marketers are still assessing how to measure visibility within AI-generated responses, including how often a brand is mentioned or recommended. Still, it offers an early signal of how product discovery is changing.

For marketing leaders, understanding how AI systems surface and recommend products is becoming as important as understanding how consumers search.

From marketer to orchestrator

Taken together, these shifts are reshaping the role of the CMO.

Balazs describes today’s CMO as a chief marketing orchestrator, reflecting the move from overseeing individual functions to coordinating an interconnected system of people, technology, data, and AI.

That evolution is also changing what it takes to lead. The job increasingly requires CMOs to guide technology-driven decisions without coming from engineering backgrounds.

“I am not an engineer,” Balazs says. “Most marketers aren’t.”

The challenge is to understand the technology well enough to ask the right questions, translate technical capabilities into business outcomes, and help the organization act on them.

In the end, Balazs believes the defining advantage will not be technical expertise. 

“Mindset is going to matter,” she says. The marketing organizations that thrive will be the ones filled with people who are eager to learn, comfortable with ambiguity, and energized by change. They are the people, she says, who “embrace the gray.”

Bank of Canada expected to hold as debate shifts to timing of rate hikes




The Bank of Canada is widely expected to hold its policy rate at 2.25% this week, but economists remain divided over how soon the central bank may need to begin raising rates.

Wyndham/Caesars Increase Transfer Cap To 60,000 Points (Normally 30,000 Points)


Update 7/13/26: Transfer cap has been increased again until 9/11/26

The Offer

  • Wyndham/Caesars has increased the transfer limit from 30,000 points to 60,000 points

Our Verdict

Can transfer in both directions. Can purchase Wyndham points for 0.65¢ for currently so might be useful if you want Caesars points cheaply. 

Hat tip to lenin1991

Australia finds serious gaps in Big Tech response to online child sexual abuse




Australia finds serious gaps in Big Tech response to online child sexual abuse

500 profit from Crypto Trading❤️‍🔥 | #shorts #crypto #trading



500 profit from Crypto Trading❤️‍🔥 | #shorts #crypto #trading

source

Education Department Updates Professional Degree List Again: More Nursing Programs Qualify


The Department of Education has revised its court-ordered list of professional degree programs for the second time in two weeks, clarifying which nursing programs qualify for higher federal student loan limits and fixing an omission that had excluded Ph.D. clinical psychology students.

The July 10, 2026 update to Electronic Announcement GENERAL-26-42 makes two changes. Nursing programs coded anywhere within the four-digit CIP families for Registered Nursing (MSN) and Nursing Practice (DNP) now qualify, as long as they award the same credential. And Clinical Psychology (CIP 42.2801) now includes the Ph.D. designation, which the Department says was “inadvertently not included” when the list was first published on June 29.

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Why It Matters

Professional degree status determines how much students can borrow. Under the loan limits that took effect July 1, 2026, professional students can borrow up to $50,000 per year and $200,000 total, while graduate students are capped at $20,500 per year and $100,000 total. With Grad PLUS loans eliminated, that classification is the difference between covering the cost of a program with federal loans or turning to private lenders.

The nursing clarification matters because many MSN and DNP programs are coded under six-digit CIP codes other than 51.3801 and 51.3818. Without the fix, students in those programs could have been shut out of professional loan limits on a technicality. The clinical psychology correction restores parity between Ph.D. and Psy.D. students in the same field.

The Full List Of Eligible Programs As Of July 10, 2026

During the court’s stay, these programs are treated as awarding professional degrees, provided they award the degree shown in parentheses:

  • Anesthesiologist Assistant (CAA)
  • Athletic Training/Trainer (MSAT; MAT)
  • Audiology/Audiologist (AuD)
  • Chiropractic (D.C.; D.C.M.)
  • Clinical Child Psychology (Psy.D.)
  • Clinical, Counseling and Applied Psychology, Other (Psy.D.)
  • Clinical Psychology (Ph.D.; Psy.D.)
  • Counseling Psychology (Psy.D.)
  • Dentistry (D.D.S.; D.M.D.)
  • Divinity/Ministry (M.Div.)
  • Family Psychology (Psy.D.)
  • Forensic Psychology (Psy.D.)
  • Health/Medical Psychology (Psy.D.)
  • Law (L.L.B.; J.D.)
  • Medicine (M.D.)
  • Nurse Anesthetist (DNAP)
  • Nursing Practice (DNP)*
  • Occupational Therapy/Therapist (OT; MSOT; OTD)
  • Optometry (O.D.)
  • Osteopathic Medicine (D.O.)
  • Pharmacy (Pharm.D.)
  • Physical Therapy/Therapist (PT; DPT)
  • Physician Associate/Assistant (MSPA; PA)
  • Podiatry (D.P.M.; D.P.; Pod.D.)
  • Rabbinical Studies (M.H.L.)
  • Registered Nursing/Registered Nurse (MSN)*
  • School Psychology (Psy.D.)
  • Speech-Language Pathology/Pathologist (SLP)
  • Veterinary Medicine (D.V.M.)

*Includes any program within the same four-digit CIP code, provided it awards the same credential.

Notably excluded: theology programs outside the M.Div. and M.H.L., most non-clinical psychology fields (including industrial-organizational and educational psychology), and pharmaceutical sciences programs.

How This Connects

This is the latest turn in a fight we’ve been tracking since a federal judge blocked the Department’s narrow professional degree definition on June 24, days before the new loan caps took effect. That ruling forced the Department to expand its list from 11 fields under the RISE Final Rule to 29 CIP codes, restoring higher loan limits for physician assistant, physical therapy, occupational therapy, audiology, and advanced nursing students.

Remember, these designations are temporary. The Department says it will keep defending its original, narrower definition in court, and the list “may change as litigation in the case proceeds.” The Department is even encouraging schools to consider capping loans for the newly added programs at graduate levels to protect students from mid-program changes if the court order is lifted. Students in affected programs should watch StudentAid.gov/bigupdates for developments.

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The post Education Department Updates Professional Degree List Again: More Nursing Programs Qualify appeared first on The College Investor.

2 Phenomenal Stocks That Could Double by 2030


Companies with clear opportunities to continue growing at high rates can multiply your investment, especially if the stock’s valuation still looks reasonable relative to future earnings. Artificial intelligence (AI) and the rise of stablecoin adoption are two megatrends poised to create generational wealth. Nvidia (NVDA 3.23%) and Circle Internet Group (CRCL 4.75%) are two excellent stocks to consider. Here’s why they could double in value by 2030.

Image source: Getty Images.

1. Nvidia

Nvidia’s lead in AI chips could strengthen as agentic AI becomes more widespread. When multiple AIs run simultaneously to complete tasks, they require more sophisticated infrastructure than graphics processing units (GPUs) alone. That’s why Nvidia expects revenue from its central processing units (CPUs) to approach $20 billion this year, while its networking revenue surged 88% year over year last quarter.

The stock trades at a modest valuation relative to its momentum. This may reflect Wall Street’s concern about increasing competition in the semiconductor industry or a potential slowdown in data center spending. But Nvidia’s networking growth is a key signal about its competitive position as data centers continue to optimize hardware for more advanced AI use cases.

Nvidia Stock Quote

Today’s Change

(-3.23%) $-6.83

Current Price

$204.14

By offering multiple chip types and networking equipment, Nvidia is providing a complete end-to-end stack for building AI-optimized data centers. Its Vera CPU is designed specifically for agentic workflows and is expected to deliver roughly twice the performance per watt of traditional x86 chips. This chip will also be integrated into more complex multi-rack systems built on the Vera Rubin platform.

Despite Nvidia’s momentum, the stock’s forward price-to-earnings ratio sits around 23 at the time of writing, which is modest for a high-growth business. Analysts expect earnings to grow about 45% annually over the next few years, implying a price-to-earnings-growth (PEG) ratio near 0.51. If the valuation holds and growth stays on track, the stock has a clear path to doubling by 2030, if not sooner.

2. Circle Internet Group

Circle is the issuer of USDC, one of the largest dollar-pegged stablecoins. It earns interest income on the reserve assets — such as short-term U.S. Treasuries — that back each USDC in circulation. The model is straightforward: As USDC adoption expands, Circle’s reserve base grows, and interest income rises.

Circle Internet Group Stock Quote

Today’s Change

(-4.75%) $-3.14

Current Price

$63.00

Agentic AI could become a major catalyst for USDC over the next decade, as software agents will be able to initiate and settle far more transactions than humans can. USDC circulation reached $77 billion in the first quarter, up 28% year over year. That growth helped drive total revenue and reserve income of $694 million, an increase of 20%.

USDC has already processed $90 trillion in lifetime transaction volume, and that figure could climb dramatically in an agent-driven economy.

Circle is investing to capture that shift. It’s rolling out products like Agent Wallets and an Agent Marketplace to help merchants monetize agent-initiated USDC transactions across multiple blockchains and payment rails.

Circle is positioned to benefit if stablecoins become a primary means of payment for AI agents. The stock’s forward P/E reflects that potential, trading at 51 times, while earnings are expected to grow 56% annually. If that growth materializes, there’s enough upside for Circle stock to double within the next four years.

Save $75 on Your AT&T Wireless Bill with Chase Cards


Save $75 with New AT&T Chase Offer

🔃 Update: Check your Chase cards as this offer is showing up again, even if you used it last month. New expiration date is 7/31/2026. You can use the offer again in the same account as long as you are targeted, even if you have used it in the past. (HT: DoC)


A new AT&T Chase Offer can get you a $75 discount on your phone bill. The same offer could be available at other banks such as Truist, US Bank etc. and offers might even vary from one account to the other. Check out the details below.

Offer Details

  • Earn $75 cash back when you make a new, qualifying wireless payment of at least $100 with AT&T Wireless.
  • Offer expires 7/31/2026.

Important Terms

  • Offer valid one time only for new AT&T Wireless customers.
  • Payment must be made directly with the merchant.
  • Offer not valid on accessories, equipment purchases, AT&T PREPAID or Cricket Wireless products or services.

About Chase Offers

Chase Offers are available on Chase credit cards and debit cards. With these offers, you usually get cashback when you use your eligible Chase card to shop at a participating store. You can see your offers in the Chase app or in your account online. Here are a few things worth noting about these offers:

  • You can add the same offer to multiple cards, and you will receive multiple credits. Apps like Savewise and Cardpointers helps you add and manage these offers.
  • Chase Offers could be targeted to certain accounts, so not every offer will be available for everyone.
  • Credits will appear in your account in 7-14 business days.
  • Usually the same offers will also show up for US Bank, Bank of America, Wells Fargo, Regions Bank, Suntrust Bank, BBVA, BB&T, PNC, Columbia Bank and Beneficial Bank customers.

Guru’s Wrap-Up

This is a great offer for those who have AT&T accounts or plan to sign up.

The terms of the offer state that you must be a new customer. But I have used this offer many times in the past to pay my existing AT&T bill and it has triggered the statement credit. It has also worked for AT&T Fiber in the past.

Also check similar offers from Citi and American Express.

Let me know if you have this AT&T Chase Offer, or a different version in your accounts!

Could Rocket be the No. 1 originator in the second quarter?


The second quarter likely ended with Rocket regaining the No. 1 spot among mortgage originators from United Wholesale Mortgage, an industry prognosticator says.

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Second quarter volume is expected to increase by 3% quarter-to-quarter for five companies BTIG analyst Douglas Harter covers: loanDepot, PennyMac Financial Services, Rithm, Rocket and UWM Holdings. The consensus gain is for 6%.

The estimates, part of BTIG analyst Douglas Harter’s second-quarter earnings preview, offer an early look at how the industry’s biggest lenders and the government-sponsored enterprises likely fared as mortgage rates rose during the quarter, with earnings season set to begin in the coming weeks.   

Fair value hits at the GSEs

When the government-sponsored enterprises report their second quarter results, both Fannie Mae and Freddie Mac should take negative fair value marks for their mortgage portfolios, BTIG said in its industry earnings preview.

This is a result of increased exposure to mortgage rates at the same time those are rising, Harter said.

Each of the GSEs reported a decline in the balance of their retained portfolios at the end of May. Fannie’s declined to $172.18 billion from $174.84 billion one month prior, while Freddie’s dropped to $132.22 billion from $141.81 billion.

But this was much higher than one year prior, at $84.62 billion for Fannie and $93.86 billion for Freddie, as both had been adding, in large measure due to President Trump’s call for the GSEs to purchase mortgage-backed securities.

The slowing portfolio growth comes with “benign credit quality,” Harter said.

He added that “on the more important topic of exit from conservatorship, we do not expect any updates along with earnings.”

Volume forecasts at five nonbank lenders

In his origination volume estimates, Harter is 10% lower on Pennymac’s versus consensus for the second quarter. This compared with 1% lower for loanDepot, 2% lower for United Wholesale Mortgage and 3% lower for Rithm.

But for Rocket, his estimate is actually 2% higher than the consensus.

As a result, while the consensus gives Rocket a slight edge in expected volume, BTIG forecasts a bigger gap.

For Rocket, he predicts $48.15 billion (consensus is $46.99 billion), while for UWM it’s $45.39 billion, while the consensus estimate for UWM is $46.55 billion.

The BTIG estimate for Pennymac is for $35.99 billion, versus a consensus of $39.8 billion.

In the first quarter, UWM did $44.9 billion; Rocket, $44.7 billion; and Pennymac, $37 billion in volume.

For the nonbank mortgage sector as a whole, rates remain the biggest driver, with second quarter earnings and third quarter guidance showing lower origination volume.

“The more balanced business models will benefit from the positive servicing impact of higher rates,” Harter said.

Rithm remains the top pick

Rithm, which going into 2026 was identified by the BTIG analyst providing coverage at the time, Eric Hagen, as one its favorite stocks, remains its “top pick based on this balanced business model and attractive valuation,” Harter said.

In June, Harter reduced his price target for Rithm to $13 per share from $16.

For the most part, the mid-June update incorporated the expected effect of higher mortgage rates into non-bank earnings.

But in the new report, Harter raised his estimate on Onity because of a faster than expected slowdown in MSR prepayment speeds, and the resulting reduction in portfolio amortization.

For the second quarter, Harter expects $2.08 per share, up from his prior and the consensus estimate of 53 cents. The full year was increased to $5.60 per share from $1.50. The 2027 estimate for Onity was raised to $10.10 from $5.60.

On the other hand, Harter reduced PennyMac Financial Services’ estimates because its near-term origination volumes were down based on lower than expected MBS issuance.

“Our new estimates show an 11% return on equity for the final three quarters of 2026 before trending back towards the mid-teens level over the following year,” the report said.

BTIG now expects Pennymac to earn $2.06 in the second quarter, versus its prior estimate of $2.47 per share. The full year was cut to $9.15 from $10.50.

How will UWM respond to leverage concerns

UWM’s high levels of leverage, which were cited by industry analysts and erstwhile takeover target Two Harbors Investment, are expected by Harter to increase to 3.25 times from 3.18 times. However, the level of MSR sales it does is “the key wildcard on the magnitude of the increase,” he said.

“Our full-year forecast calls for leverage to stabilize in the low-to mid-3s before improving in 2027; MSR sales are a key assumption in this forecast,” Harter said.

UWM’s management to address the dividend on the earnings call, with BTIG’s base case is a 50% reduction to 5 cents a share for the third quarter.

For the nonbanks, “Given the timing differences we expect both funded volume and lock volume (which drives revenue) to be lower than MBS issuance; for our coverage we expect lock volume to be down 1% in the quarter,” Harter said. “For reference, the Optimal Blue lock volume index was down 3% for the quarter.”

In his June report, which came out before the latest Optimal Blue release, Harter had projected a 6% decline for the quarter, but on a month-to-month basis lock activity increased 10%, reducing the drop off to just 2.61%. 

Gain-on-sale performance

Gain-on-sale margins for these nonbanks should be “modestly higher” for the quarter, based on what he termed as a “positive mix shift” for this metric towards second-lien production instead of refinancings. BTIG is also lower than the consensus outlook in this area as well.

For the five companies, Harter has a 170 basis point estimate for the second quarter, versus the consensus 173 basis points. The biggest variations come from loanDepot, where he is 20 basis points lower; and Rithm, 19 basis points lower.



Meta scraps AI Muse Image feature that scraped Instagram accounts, following CAA backlash


Meta has disabled a Muse Image feature that let users generate AI images by referencing public Instagram accounts.

The company confirmed the feature was “no longer available” on Friday (July 10), following criticism from talent agency CAA and performers’ union SAG-AFTRA.

The feature, part of Meta AI and built by Meta Superintelligence Labs, let any user @-mention a public Instagram account and generate new images, or “remixes,” referencing that account’s content.

It applied automatically to public Instagram accounts belonging to users aged 18 and over, with private accounts and those of under-18s excluded.

Public Instagram account holders had to ‘opt out’ to be excluded, rather than ‘opt in’ to express consent.

“Earlier this week, we announced that one way for people to generate images in Meta AI is by @-mentioning public Instagram accounts that they want to reference,” a Meta spokesperson said.

“Our intent was to provide a useful creative tool and to give people control over whether their public content could be referenced in this way.

“We’ve heard the feedback that this feature missed the mark, so it’s no longer available,” the Meta spokesperson added.

“We’ve heard the feedback that this feature missed the mark, so it’s no longer available.”

Meta spokesperson

The decision resonates across music, where CAA represents recording artists including Beyoncé, Dua Lipa, Sabrina Carpenter, and The Weeknd.

Under the opt-out design, the public Instagram account of any such adult artist could be referenced by other users to generate AI images unless the artist switched the feature off.

CAA called on Meta to overhaul the tool in a statement last Wednesday (July 8).

The firm’s statement read: “No one’s name, image, likeness, voice, or creative work should be used by any third party, including AI models, without clear, documented consent. True innovation puts creators first: respecting their rights, protecting their livelihoods, and giving them real control, not handing it over to platforms.

“We have raised our concerns with Meta on behalf of our clients, voicing our disapproval and perspective on the need for a more responsible approach. We call on Meta to make protection the default on Muse Image, not the exception, and enable individuals to opt-in if they want to allow usage of their image or likeness for AI content creation.”

“CAA believes in the power of new technology, but not at the cost of individuals’ rights or livelihoods.”

CAA Statement RE: Muse Image

CAA continued: “Artists deserve to decide if and how their likeness and work is used, with consent and the ability to set their own terms. This means letting creators impose restrictions, monitor usage, and prevent unauthorized endorsements or exploitation. Responsible AI requires clear disclosures and swift removal of unauthorized content.

“There must be easy ways to spot, track, and take down misuse, and it should be clear when something is AI-generated. CAA believes in the power of new technology, but not at the cost of individuals’ rights or livelihoods. The future of creativity depends on respecting the ownership and autonomy of those who make it possible.”

After Meta‘s reversal, CAA welcomed the decision.

“We commend Meta for its swift decision to remove the Muse Image feature,” CAA said.

“Putting individual rights and consent at the forefront is essential to building responsible technology. We look forward to ongoing conversations to ensure creators stay protected as technology evolves,” the CAA statement added.

Meta had initially defended the feature after CAA‘s first statement.

SAG-AFTRA escalated the pressure on Meta on Thursday (July 9), telling members to opt out of the tool.

Meta now lets anyone use your Instagram photos in AI images without your consent,” SAG-AFTRA wrote in a social media post.

SAG-AFTRA recommends that #SagAftraMembers (and all Instagram users) opt-OUT of Meta‘s new AI image generation tool, Muse Image. Take action to protect your likeness.”

SAG-AFTRA welcomed the reversal once the feature was pulled.

“With the dangers of nonconsensual digital replicas well known to all, a feature that encouraged that behavior is unwise,” SAG-AFTRA said. “We appreciate its discontinuance. It is the responsible thing to do.”

CAA has placed itself at the center of the entertainment industry’s response to AI-generated likenesses.

The agency was the first partner to test YouTube‘s AI likeness-detection tools, in December 2024.

CAA has also built its own archive of client likenesses.

The agency launched the CAA vault with AI firm Veritone in 2024, a facility that scans clients’ faces, bodies, movements, and voices to create digital doubles.

Participating talent can store and monetize their likeness through the CAA vault, the companies said.

CAA charges clients a fee to take part, though the agency has not disclosed the amount.

“This is giving the ability to start setting precedents for what consent-based use of AI looks like,” CAA’s Head of Strategic Development Alexandra Shannon said.

Musicians have also moved to protect their likenesses as AI tools have spread, with Taylor Swift applying to register her voice and likeness as US federal trademarks in April, according to MBW.

Congress is weighing the NO FAKES Act, which would create a federal right over a person’s voice and visual likeness, as MBW has reported.

The Muse Image episode echoes OpenAI‘s Sora video app, which launched with an opt-out approach to copyright before OpenAI changed course and later shut the feature down, according to Variety.Music Business Worldwide