Shares of Tesla, Alphabet, Adobe, Broadcom Dip as Ciena, Warner Bros, Uber Rise
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
Rolling in the deep
