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Shares of Tesla, Alphabet, Adobe, Broadcom Dip as Ciena, Warner Bros, Uber Rise
Express News | Adobe Inc : Citigroup Cuts Target Price to $551 From $590
Adobe (ADBE): New Sell Recommendation for This Technology Giant
"Silicon Valley elites + billionaires" gather in Washington! How will they "influence" Trump 2.0?
The USA may be entering an era of comprehensive deregulation, spanning from Cryptos to AI, as well as Energy, the defense industry, and health technology. However, on issues like antitrust and immigration, Trump's own stance may prevail.
Dow Dips More Than 200 Points Following Inflation Data, Nvidia And AMD Decline: Fear & Greed Index Remains In 'Neutral' Zone
Major bank rating丨Bank of America: Downgraded Adobe's Target Price to $605; fourth quarter performance and outlook mixed.
Bank of America Securities released a research report stating that Adobe's performance and outlook for the fourth quarter are mixed. During this period, the annual recurring revenue from digital media reached 0.572 billion dollars, exceeding the company's guidance by 22 million dollars, but underperforming compared to the third quarter. Additionally, the group forecasts total revenue and digital media business revenue growth for the fiscal year 2025 to be approximately 9% and 10% respectively, below the firm's expectation of 11%. Moreover, Bank of America Securities noted that Adobe's profit outlook is disappointing, with the group's profit margin guidance for the fiscal year 2025 set at 46%, lower than the firm's forecast of 46.9%. However, the firm believes that due to the second half...
Adobe Drops the Most in Two Years on Fears of AI Disruption
CNBC Daily Open: Inflation's Hot, but so Are Markets This Year
The Nasdaq fell to 0.02 million points, Adobe plummeted more than 13%, the China concept Index rose against the trend, and Bitcoin dropped below 0.1 million dollars.
In November, USA PPI inflation exceeded expectations, with the market betting on a pause in interest rate cuts in January next year. The Dow has fallen for six consecutive days, with NVIDIA experiencing the largest drop of 2.5%. Tesla, Meta, Google, and Amazon have moved away from their highs, uranium mining stocks have declined, but Apple reached a new high. Broadcom rose nearly 5% in after-hours trading, and Chinese stocks Baidu and PDD Holdings increased by over 1%. Bond yields in Europe and the USA have risen significantly, and after the European Central Bank cut interest rates, the euro fell to a one-week low, before rebounding. The dollar reached a two-week high, while the offshore yuan once rose over 200 points, breaking through 7.26 yuan. Commodities generally fell, with spot gold down over 2% and spot silver down over 4% during the session.
Top Gap Ups and Downs on Thursday: CIEN, WBD, ADBE and More
U.S. stock market close: The Nasdaq has fallen from historic Top Reversal, while the Dow has declined for the sixth consecutive day.
① The Nasdaq China Golden Dragon Index rose by 0.18%, with China Concept Stocks showing mixed performance; ② Google is collaborating with Samsung to develop a headset device, with the first product expected to be launched next year; ③ Apple is reportedly set to start producing a key wireless chip currently supplied by Broadcom next year; ④ Adobe fell nearly 14%, as the company's full-year performance guidance was below expectations.
Adobe Options Spot-On: On December 12th, 305.88K Contracts Were Traded, With 406.01K Open Interest
Thursday Ends in Index Declines | Wall Street Today
S&P 500 Gains and Losses Today: Adobe Stock Falls as Guidance Blurs AI Outlook
Adobe Now Has a Tool to Get Rid of Ugly Window Reflections in Photos
Stocks to Watch Thursday: Uber, Adobe and Texas Pacific Land -- WSJ
12 Information Technology Stocks Moving In Thursday's Pre-Market Session
US Equities Markets End Lower Thursday as Producer Prices Increase More Than Expected
Sector Update: Tech Stocks Slide Late Afternoon
Adobe's AI Product Monetization Ability Mitigated Amid Price Pressures, UBS Says