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3/19/2025 4:28 PM
to Know Today Adobe (ADBE) CFO Dan Durn said that in the future he would like “100% of Adobe’s
3/14/2025 12:40 PM
, while several factors, including earnings guidance, have put pressure on software stocks Adobe (ADBE
3/13/2025 12:55 PM
Software stocks are facing heightened volatility this week, with Adobe Inc (NASDAQ:ADBE) , Datadog Inc (NASDAQ:DDOG) , and Dynatrace Inc (NYSE:DT) all struggling due to disappointing earnings guidance, market-wide headwinds, and sector-specific pressures. Adobe stock was last seen down 12.3% at $384.52 after issuing lackluster fiscal second-quarter guidance, projecting earnings of $4.98 on revenue of $5.8 billion, but the forecast failed to inspire confidence, dragging the stock 13% lower
12/13/2024 2:53 PM
C3.ai (AI) scored a post-earnings bull gap, but software stocks MongoDB (MDB) and Adobe (ADBE) weren
12/12/2024 12:11 PM
Stocks are struggling for direction at midday, after this morning's hotter-than-expected PPI reading and initial jobless claims that rose to a two-month high of 242,000. The Dow Jones Industrial Average (DJI) has reversed its premarket losses, up a modest 18 points at last look. Though the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) have pared some losses, both still sit in the red, as tech stocks weigh. Specifically, Adobe's (ADBE) sharp post-earnings drop has investor attention