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2024-03-18 05:20:00 ET Adobe 's (NASDAQ: ADBE) stock price sank 11% during after-hours trading on March 14 in response to the cloud-based software provider's latest earnings report. For the first quarter of fiscal 2024, which ended on March 1, its revenue rose 11% year over year to ...
2024-03-18 04:04:20 ET Summary Adobe shares dropped by over 13% after their earnings announcement, but I remain optimistic about their AI growth potential. Adobe delivered strong Q1 growth with a 12% revenue increase, but their Q2 outlook disappointed with a decline in net new ARR...
2024-03-18 00:18:32 ET Summary Some great tech stocks have experienced significant drops, but this may be part of a sideways correction process. Adobe, MongoDB, Snowflake, and SentinelOne are tech stocks that have the potential for recovery and offer good trading and investment op...
2024-03-17 13:37:00 ET Adobe (NASDAQ: ADBE) stock sold off on Friday after the software giant reported record revenue but muted Q2 fiscal 2024 guidance. The stock is now down around 20% since Feb. 1 in what has otherwise been a great period for the broader market and for artificial ...
2024-03-17 08:30:00 ET Summary Adobe's fiscal first-quarter performance was robust, but its revenue guidance for FQ2 disappointed Wall Street. OpenAI's Sora AI tool potentially threatens Adobe's competitive moat. Despite the post-earnings plunge, Adobe remains a fundamentally ...
2024-03-16 13:52:35 ET Adobe Inc (NASDAQ: ADBE), the creative software giant, saw a significant drop in its stock value by over 13% on Friday following the release of its financial results for the first quarter of 2024. Despite surpassing analysts’ projections for both revenu...
2024-03-16 05:40:43 ET Summary Previous assessment: Initially rated Adobe as a "hold" due to fair valuation at $595.7 and potential annual returns of 14-15%, based on Q3 2023 data. Recent stock performance: The stock fell post Q1 2024 earnings due to a slightly softer Q4 revenue f...
2024-03-15 16:55:16 ET Summary Adobe Inc. in fiscal Q1 reported record revenue of $5.18 billion, with a 12% growth rate translating to over half a billion in extra sales. The creative media industry is difficult to track, making it hard to determine if Adobe is gaining or losing m...
A look at the top 10 most actives in Canada Calibre Mining Corp. (CXB) fell 0.5% to $1.81 on volume of 52,347,319 shares TC Energy Corporation (TRP) fell 0.3% to $54.49 on volume of 28,206,832 shares Canadian Natural Resources Limited (CNQ) fell 1.3% to $98.28 on volume of 24,777,355 shar...
2024-03-15 14:17:06 ET Shares of Adobe (NASDAQ: ADBE) were falling Friday after the cloud software giant beat estimates for its fiscal first quarter, but issued disappointing guidance for the current quarter, sparking concerns that competition was catching up to it and it was failin...
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Latest Illustrator and Photoshop releases accelerate creative workflows, save pros time and empower designers to realize their visions faster New Firefly-enabled features like Generative Shape Fill in Illustrator along with the Dimension Tool, Mockup, Text to Pattern, the Contextual Taskb...
2024-07-20 16:14:00 ET Companies at the forefront of artificial intelligence innovations can see rapid swings in their share prices. Stocks can zoom higher on strong earnings, and that momentum can carry the stock for weeks or months. It's extremely tempting to wait for a pullback in the sh...