My top 10 things to watch Monday, Aug. 11 1. Melius Research's Ben Reitzes downgraded Adobe to sell from hold, arguing that an AI-driven multiple contraction phase is in the early innings for software-as-a-service (SaaS) companies. That includes the likes of Atlassian and Club stock Salesforce . It can still get worse for these names, Reitzes said. Huge call. 2. The U.S. government is reportedly going to take a 15% cut on Nvidia and AMD chip sales to China, in exchange for Washington approving export licenses. Why such an unusual agreement? Is it to make sure China knows who is boss? Nvidia shares were slightly lower this morning. 3. Intel CEO Lip-Bu Tan is going to see President Donald Trump at the White House today, The Wall Street Journal reported . Can he talk Trump out of his demand t

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