S&P 500 Gains and Losses Today: Adobe Becomes Latest Stock to Enjoy AI Boost
Major U.S. equities indexes were mixed and little changed to close out an eventful week for the markets.
Three-Stock Lunch: Adobe, Caterpillar& Hasbro
Brian Vendig, MJP Wealth Advisors CIO, joins 'Power Lunch' to discuss stock plays for Adobe, Caterpillar, and Hasbro.
Adobe shares surge 15%, head for sharpest rally since 2020
Adobe reported revenue and earnings that topped analysts' estimates. The stock jumped 15% on Friday, which would be its biggest rally since the beginning of the pandemic in March 2020.
Chart of the Day: Adobe
Adobe is on pace for its best day since March 2020. The Investment Committee shares its top software stocks.
Why Adobe Stock Skyrocketed Today
Adobe beat expectations for its most recent quarter and analysts are pointing to tailwinds in the back half of the year. The company is only guiding for growth of 10% in the second half of this yea...
Imports, Exports Latest Econ Data to Shrink
Imports posted a big drop month over month: to -0.4% in May from +0.9% in April.
Adobe Stock: It's Not Too Late To Buy The Dip
The price correction in Adobe NASDAQ: ADBE stock experienced over the past two quarters was not unwarranted. The company's AI prospects aside, the results were solid but failed to show the boost se...
Adobe surges as AI optimism fuels annual revenue forecast
Adobe shares soared 14% before the bell on Friday after the Photoshop-maker raised its annual revenue forecast as more customers turned to its AI-powered editing tools.
Adobe Shares Set to Rally on AI-Driven Sales Success
Adobe projected strong future sales for its creative products, setting up shares for their biggest gain in about four years. Matthew Bloxham of Bloomberg Intelligence has more on Bloomberg Television.
Adobe Q2 Earnings: Picture-Perfect Priced In
Adobe reported Q2 revenue of $5.31 billion, with a 15% year-over-year increase in non-GAAP earnings per share. Adobe stock jumps 15% premarket on a strong outlook. Concerns about AI disrupting Adob...
Adobe jumps 17% after hours as AI starts to drive outperformance
Adobe Inc (NASDAQ:ADBE) shares rose by 17% in after-hours trading following better-than-expected earnings and revenue and increased its full-year guidance driven by its investment in artificial int...
Adobe Stock Jumps 15% After AI-Fueled Earnings Beat—Watch This Key Level
Adobe (ADBE) shares surged nearly 15% in extended trading on Thursday after the software maker reported earnings that topped Wall Street's estimates and lifted its full-year earnings and sales guid...
Adobe Inc. (ADBE) Q2 2024 Earnings Call Transcript
Adobe Inc. (NASDAQ:ADBE ) Q2 2024 Earnings Conference Call June 13, 2024 5:00 PM ET Company Participants Jonathan Vaas - VP of IR Shantanu Narayen - Chair & CEO David Wadhwani - President of Digita...
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