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The Latest Breaking News from Adobe

Stock Market Today - 6/17: Stocks End Mixed on Growth, Inflation Worries; Biden Says Recession Not 'Inevitable'

Stocks end mixed, closing out their worst week in two years as investors fade recession bets in the world's biggest economy.

The Street

Adobe Stock Slides As Muted Cloud Sales Forecast Offsets Q2 Earnings Beat

"Everybody would have knowledge that it's an uncertain macroeconomic environment. But we believe that we will continue to win by delivering great innovative products," said CEO Shantanu Narayen.

The Street

Stocks Bump Higher, Biden on Recession, Twitter, Adobe And The Golden State Warriors - Five Things To Know

Stock futures bump higher but growth worries persist; Biden insists recession not 'inevitable', but Americans 'really down'; Twitter shares higher after Elon Musk town hall; Adobe shares slump after muted cloud sales outlook and the Golden State Warriors win fourth NBA title in eight years

The Street

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Dow Jones Futures Rise After Stock Market Dives To Near Key Support On Recession Fears

Stocks dived Thursday as a mild recession may now be the best-case scenario. The major indexes are nearing a key support level.

Investors Business Daily

Looking At Adobe's Recent Whale Trades

A whale with a lot of money to spend has taken a noticeably bearish stance on Adobe. Looking at options history for Adobe (NASDAQ:ADBE) we detected 74 strange trades.

Benzinga

Recap: Adobe Q2 Earnings

Adobe (NASDAQ:ADBE) reported its Q2 earnings results on Thursday, June 16, 2022 at 04:05 PM. Here's what investors need to know about the announcement. Earnings Adobe beat estimated earnings by 1.21%, reporting an EPS of $3.35 versus an estimate of $3.31.

Benzinga

After-Hours Action: Why Adobe Stock Is Sliding

Adobe Inc (NASDAQ: ADBE) shares are trading lower in Thursday's after-hours session after the company announced financial results and issued guidance below analyst estimates.

Benzinga

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Adobe Stock Drops After Sales, Earnings Outlook Misses Views

Adobe late Thursday beat expectations for its fiscal second quarter but disappointed with its guidance for the current quarter and full year.

Investors Business Daily

'That Made Me Look Closer': Why This Adobe Investor Is Cautious Ahead Of Q2 Earnings

Adobe Inc (NASDAQ: ADBE) is set to announce its quarterly results after the bell Thursday, and one investor sees warning signs ahead of the report.

Benzinga

Earnings Preview For Adobe

Adobe (NASDAQ:ADBE) is set to give its latest quarterly earnings report on Thursday, 2022-06-16. Here's what investors need to know before the announcement. Analysts estimate that Adobe will report an earnings per share (EPS) of $3.31.

Benzinga

Flights In The U.S. Now Cost Nearly 50% More

The latest numbers from Adobe show a steep increase in domestic flights.

The Street

Here's What Analysts Have To Say Ahead Of Adobe's Q2 Results

Analysts reserved their concerns over the prospects for Adobe Inc (NASDAQ: ADBE) amid current macro uncertainty ahead of its Q2 results.

Benzinga

BMO Capital Maintains Outperform Rating for Adobe: Here's What You Need To Know

BMO Capital has decided to maintain its Outperform rating of Adobe (NASDAQ:ADBE) and lower its price target from $535.00 to $450.00. Shares of Adobe are trading up 0.36% over the last 24 hours, at $372.98 per share. A move to $450.00 would account for a 20.65% increase from the current…

Benzinga

Dow Jones Futures Dive, Yields Hit Multiyear Highs As Stagflation Risks Grow

Futures plunge, yields jump and Bitcoin dives as markets mull stagflation risks and a supersized Fed rate hike this week.

Investors Business Daily

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Benzinga

Why Adobe Shares Are Getting Hammered Today

Adobe Inc (NASDAQ: ADBE) shares are trading lower by 7.33% to $395.15. Shares of technology and software companies are trading lower amid an overall market selloff following worse-than-expected US May inflation data.

The Hindu

Adobe may set up centre for research at OU

OU VC meets Adobe CEO and other prominent alumni in the US

Benzinga

10 Biggest Price Target Changes For Friday

Mizuho cut Adobe Inc. (NASDAQ: ADBE) price target from $600 to $530. Adobe shares fell 1.1% to $421.77 in pre-market trading.

Tribune News Service

Grocery prices are continuing to drive up online inflation

Online inflation slowed for the second consecutive month in May driven by lower prices on electronics and apparel, but grocery prices remained elevated, according to Adobe Digital Price Index.

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Benzinga

How Is The Market Feeling About Adobe?

Adobe's (NASDAQ:ADBE) short percent of float has risen 4.69% since its last report. The company recently reported that it has 6.28 million shares sold short, which is 1.34% of all regular shares that are available for trading.

Benzinga

Here's How Much $1000 Invested In Adobe 15 Years Ago Would Be Worth Today

Adobe (NASDAQ:ADBE) has outperformed the market over the past 15 years by 9.56% on an annualized basis producing an average annual return of 16.38%. Currently, Adobe has a market capitalization of $202.14 billion.

Investors Business Daily

Dow Jones, Nasdaq Finish Higher After Weak Opening; Growth Stocks Outperform While Oil Plays Near Buy Points

The Dow Jones and other major indexes strengthened into the close after opening lower. Growth stocks took the lead and outperformed.

Benzinga

Analyst Ratings for Adobe

Adobe (NASDAQ:ADBE) has observed the following analyst ratings within the last quarter:

Benzinga

This Is What Whales Are Betting On Adobe

Someone with a lot of money to spend has taken a bearish stance on Adobe (NASDAQ:ADBE). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

StockNews.com

Autodesk vs. Adobe: Which Stock is a Better Investment?

With the rising demand for advanced software products and services across various industries, prominent companies in this space, Autodesk (ADSK) and Adobe (ADBE), should witness increasing demand for their solutions. But the stocks of which of these two companies is a better buy now? Read more to find out.

Investors Business Daily

Adobe Signs Home Depot As Customer For Personalized Marketing Tool

Adobe announced that home improvement retailer Home Depot has signed on to use its latest personalized marketing tool.

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