StocksMediumUpdated•Originally published 8 October 2026•Updated 8 October 2026•
1 min read
US Expands Residency Program Suspension to Adobe and Other IT Firms
Key Facts
1US Vice President Vance announced the suspension of the permanent residency program for Microsoft.
US Vice President JD Vance announced the expansion of the permanent residency program suspension to include Adobe and several other IT firms alongside Microsoft. According to investing.com, the decision represents a shift in immigration and labor policy affecting the technology sector.
ADBE was trading at $625.40 on October 8, 2026, while MSFT was trading at $531.15 on the same date. In the broader sector, META closed at $721.31 on October 7, 2026, and GOOGL closed at $350.5 on the same day.