15 03, 2024

Adobe Dips 14% After Beating Earnings, But Disappointing on Guidance: Why it’s Time to Sell

By |2024-03-15T16:43:15+00:00March 15th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , |

Shares of Adobe (ADBE) are down more than 14% Friday morning after the company delivered its first-quarter earnings for fiscal 2024. The company delivered on earnings, but its outlook for the quarters to come left much to be desired and spurred negative investor sentiment. Adobe’s results included an 11% growth in revenue to $5.18 [...]

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15 09, 2023

Adobe Drops Despite Earnings Beat as the Clock is Ticking for AI Return: Should Investors be Worried?

By |2023-09-15T18:11:02+00:00September 15th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , |

Shares of Adobe (ADBE) are down nearly 5% in Friday’s trading session after the cloud software firm reported third-quarter earnings. Despite beating the analyst consensus, the substantial investments in AI have yet to pay off. And, the outlook for the final quarter left much to be desired. Revenue for the quarter came in at [...]

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