Playing FTSE

Not Yet, But Maybe: Warsh, Veeva, Adobe


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What does Steve D use to edit our show? Find out on this week’s PlayingFTSE Show!


It’s been an odd week in the stock market. But Steve D extends his winning streak to two in a row as Steve W drops back into the middle of the pack. 


This week saw Kevin Warsh’s first meeting as Fed Chair. And there weren’t any major surprises… or were there?


The new chief is surprisingly quiet – to the point of not issuing a dot for the plot – on cutting interest rates. But Steve D’s wondering whether he could be playing the long game.


Michael Burry’s been buying shares in Veeva Systems and it’s made its way onto Steve W’s radar. This, however, isn’t just your usual SAAS selloff.


There’s competition from Salesforce for the firm to try and fend off. But at a hugely depressed multiple, do the potential rewards mean the risks are worth it?


Adobe has been one of the most discussed SAAS stocks in the last few months. And it’s easy to see why – the stock has crashed. 


The company isn’t hiding from the problems – it’s struggling to convert customers and it’s prioritising retention. Is this a bargain opportunity, or a potential value trap?


Only on this week’s PlayingFTSE Podcast!


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► About Playing FTSE:


What's happening in the markets — and why should you care? We break down the week's biggest financial news, stocks, and economic mayhem in a way that's actually enjoyable to listen to. No jargon, no waffle, just straight-talking chat about money, markets, and the madness in between.


For people who want to get smarter about investing — without wanting to fall asleep.


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💬 Drop a question in the comments or find us on Instagram:

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📩 Business enquiries: [email protected]


► Timestamps:


0:00 INTRO & OUR WEEKS

6:18 THE FED

27:17 VEEVA

43:42 ADOBE


► Show Notes:


Playing FTSE is for entertainment purposes only and does not constitute financial advice. Please consult a qualified financial professional before making investment decisions.

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