Shares of the social media company fell as much as 4 percent after COO Anthony Noto said he was stepping down to take over as CEO of fintech start-up SoFi. Plus Adobe raised its forecast for earnings this year, thanks to tax reform. The company saying a lower corporate tax rate will significantly boost results for the rest of 2018. And GoPro gets a downgrade from Morgan Stanley. And we take a look at how Disney shares are trading after UK regulators tried to block Fox's acquisition of Sky, one of the linchpins in Disney's planned takeover of Fox.

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FBI’s NBA probe puts sports betting businesses in the spotlight
The stunning indictment that led to the arrest of more than 30 people — including Miami Heat guard Terry Rozier and other NBA figures — has drawn new scrutiny of the booming business of sports betting in the U.S. The multibillion-dollar industry has made it easy for sports fans — and even some players — to wager on everything from the outcome of games to that of a single play with just a few taps of a cellphone. But regulating the rapidly-growing industry has proven to be a challenge. Professional sports leagues’ own role in promoting gambling has also raised eyebrows.
Tesla’s profit fell in third quarter even as sales rose
Tesla, the car company run by Elon Musk, reported Wednesday that it sold more vehicles in the past three months after boycotts hit hard earlier this year, but profits still fell sharply. Third-quarter earnings fell to $1.4 billion, from $2.2 billion a year earlier. Excluding charges, per share profit of 50 cents came in below analysts' estimate. Tesla shares fell 3.5% in after-hours trading. Musk said the company's robotaxi service, which is available in Austin, Texas, and San Francisco, will roll out to as many as 10 other metro areas by the end of the year.
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