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Adobe Earnings Beat Expectations. Why Stock Is Falling.
Adobe Stock Falls: Time to Buy?
Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer. The Motley Fool reaches millions of people every month through our premium investing solutions, free guidance and market analysis on Fool.com, top-rated podcasts, and non-profit The Motley Fool Foundation.
Adobe Earnings Beat Expectations. Why the Stock Is Falling.
Adobe delivered another set of strong results on Thursday, with August quarter sales and earnings topping most forecasts. But guidance for the November fiscal quarter slightly lagged behind the average Wall Street forecast.
Adobe’s stock falls on downbeat forecast and softer demand for AI tools
Shares of Adobe Inc were trending lower in extended trading today after the company offered light guidance that fell short of analysts’ expectations. The lower forecast signals that it’s facing stiff competition, resulting in softer demand for its artificial intelligence-powered editing tools.
3 Reasons Why Adobe Stock Could Continue to Fall, and 2 Reasons It's Still Worth Buying Now
Share prices of Adobe ( ADBE -2.86%) sold off after the company reported its fiscal 2024 third-quarter results on Sept. 12 and management offered weak guidance for the rest of the year. The stock now trades down by more than 10% year to date compared to an over 14% gain in the tech sector and a 17.8% gain for the Nasdaq Composite.
Adobe Falls Most in Six Months on Disappointing Sales Outlook
Adobe Inc. shares slid by the most in six months after the company issued an outlook that disappointed investors who are growing impatient to see new artificial intelligence tools generate cash.
Adobe Stock Dives on Disappointing Outlook
Key Takeaways Adobe reported third-quarter earnings and revenue that topped expectations.However, its outlook for the fourth quarter missed analysts' estimates.Adobe shares tumbled in extended trading Thursday following the company's earnings release.
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Fill your skill gaps with Adobe’s generative AI tools
Every content creator, solopreneur, side hustler, and freelance artist has hit roadblocks, maybe because of their skill level ...
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Adobe Dips 12.4% YTD: Can ADBE Stock Rebound on GenAI Strength?
Adobe ADBE, a titan in the Portable Document Format (PDF) technology, has been facing macroeconomic and competitive ...
SecurityWeek
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Adobe Patches Critical, Code Execution Flaws in Multiple Products
Adobe releases patches for 28 security vulnerabilities and warned of code execution risks on Windows and macOS platforms.
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Walmart Just Announced a Recall on 2 Popular Products
Walmart recently announced a recall affecting two of its products. The items being recalled are Bacalaitos Criollos Codfish ...
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Adobe: Generative Credits Offer A Direct Path To AI-Driven Profitability
Adobe is making significant progress in monetizing its AI tools, particularly through Generative Credits. See why I maintain ...
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Adobe Patchday: Critical gaps in several products
Adobe fixes several critical security leaks on Patchday. Updates are available for eight of the manufacturer's products.
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Earnings Preview: What To Expect From Adobe
Adobe Corp. is scheduled to report earnings after Thursday’s close. Here's a closer look at what Wall Street expects ...
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Adobe: Time To Get Greedy (Rating Upgrade)
Adobe's shares sold off after a Q3 report that beat earnings on the top and bottom line. Find out why I recommend investors ...
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