FedEx received its first five of an order of 500 electric Light Commercial Vehicles (eLCVs) from BrightDrop. Courtesy: Fedex Check out the companies making headlines in midday trading. FedEx – Shares ...
Tag: Adobe
Figma’s Record-Breaking Sale to Adobe Delivers Billions to Top VCs
(Bloomberg) — Danny Rimer first invested in Figma in 2012, shortly after the company was established and began developing software tools for designers. Rimer, a partner at the venture capital fi...
ADBE Stock: Adobe Falls On Mixed Report, Acquisition
Digital media and marketing software firm Adobe (ADBE) on Thursday topped Wall Street’s earnings target for its fiscal third quarter but sales were a tad below views. It also announced a deal to...
Netflix, Adobe, Wynn Resorts, Humana and more
Adobe Systems world headquarters in downtown San Jose, Calif. Lisa Werner | Moment Mobile | Getty Images Check out the companies making headlines in midday trading. Netflix — The streaming stock gaine...
E-Commerce Inflation Returned In August, After A One-Month Break
Online prices rose 0.4% year-over-year in August, according to the Adobe Digital Price Index, after … [+] declining in July. getty Online inflation returned in August, after taking a brief break...
Oracle Stock Makes Key Test Ahead Of Earnings; Adobe Stock Struggles Amid Growth Concerns
Software giants Oracle (ORCL) and Adobe (ADBE) are next up on the earnings docket as major stock indexes seek a bottom. Oracle stock gapped up in June when it last reported earnings. After a pullback,...
Stocks Poised to Open Higher on Monday
Stocks are poised to open higher in New York on Monday. Angela Weiss/AFP/Getty Images Text size U.S. stocks are poised to open higher on Monday as investors await the August reading on inflation. On S...
Online Prices Decline In July, Ending 25-Month Inflation Streak
Overall e-commerce prices declined on a year-over-year basis in July, the first such decline in 25 … [+] months. getty E-commerce prices declined 1%, on a year-over-year basis, in July, the firs...
eBay Acquires NFT Marketplace KnownOrigin That Has Partnerships With Netflix, Adidas, Adobe
eBay purchased KnownOrigin as part of an exciting plan to merge both companies’ strengths, creating an NFT and digital collectibles giant. eBay has bought leading non-fungible token (NFT) marketplace ...
Stock Market Today: The Dow Edged Higher, While Tech Stocks Rallied
Text size A trader works on the floor of the New York Stock Exchange. Spencer Platt/Getty Images The stock market largely gained on Friday, closing out a volatile week of trading. Stability in the bon...
Adobe shares down on Q2 results: ‘still a stock we’re holding’
Adobe Inc (NASDAQ: ADBE) reported market-beating results for its fiscal second quarter on Thursday. Shares still slid 5.0% after-hours on lowered full-year guidance for revenue. Adobe Q2 financial hig...
How to Play Adobe Ahead of Earnings
By BRUCE KAMICH Jun 16, 2022 | 07:52 AM EDT Stocks quotes in this article: ADBE We reviewed Adobe ( ADBE) on June 10 and the company reports their latest quarterly earnings after the close of trading ...
Adobe stock price pre-earnings preview: Is it a buy or sell?
The Adobe (NASDAQ: ADBE) stock price has been in a steep freefall in the past few months as the technology sell-off continues. The shares are trading at $371, which is about 47% below its highest poin...
U.S. Stocks Poised to Open Lower on Monday Ahead of Fed Week
Stocks are poised to open lower on Monday. (Photo by Spencer Platt/Getty Images) Getty Images Text size U.S. stocks were poised for a lower opening on Monday ahead of the Federal Reserve’s decision on...
Federal Reserve Meeting, Oracle and Adobe Earnings, May Inflation Data, and More for Investors to Watch This Week
It will be a quiet week on the earnings calendar between earnings seasons. The most important event of the week for investors will be the conclusion of the Federal Reserve’s interest rate-setting comm...
Adobe CEO says e-commerce is seeing price decreases, expects strong future for online shopping
Several categories of e-commerce are seeing price decreases and support the expectation that digital shopping among consumers will hold strong, Adobe chief executive Shantanu Narayen told CNBC’s...
Americans Spent $5.28 Billion Less Online In April, As Ecommerce Growth Slows
Online demand for groceries remains high, despite price increases, while other categories have … [+] declined, Adobe reported. getty Ecommerce growth and online inflation slowed in April, accord...
How An Aussie From The Housing Projects Became A Billionaire Making Gear For Next Gen Spielbergs
Blackmagic Design’s Grant Petty turned the chip on his shoulder about Hollywood’s tech elite into a one of the most innovative manufacturers of inexpensive filmmaking equipment. Thanks to the pandemic...
Lo Toney explains why he ‘likes Adobe a lot’
It’s not the time to see “tech” as a group, but to be selective when shopping for stocks in this sector, says Plexo Capital’s Lo Toney. A name he recommends is Adobe Inc (NASDA...
Cramer’s Mad Money Recap 3/29: Adobe, Yeti, FedEx, Disney
At the peak of the doom and gloom is when you need to be thinking about what could go right, Jim Cramer told his Mad Money viewers Tuesday. In this market, that time was just over a week ago, when the...
Stock Market Rally Extends Gains; Tesla, Nvidia, Adobe, KB Home In Focus: Weekly Review
The stock market rally made further progress, with the Nasdaq composite leading and the S&P 500 regaining its 200-day moving average. Treasury yields continued to rise as Fed chief Jerome Powell h...
ADBE Stock Down 9% despite Record Revenue in Q1 2022, Adobe Blames War in Ukraine
For Q1 of the fiscal year 2022, Adobe reported revenue of 4.26 billion. The figure represented a growth of 9% year over year. Adobe Inc (NASDAQ: ADBE) stock slipped over 9% on Wednesday to close the d...
GameStop, Adobe, General Mills and more
The General Mills logo is displayed on a box of Raisin Nut Bran cereal at Scotty’s Market on September 20, 2017 in San Rafael, California. Justin Sullivan | Getty Images News | Getty Images Chec...
Adobe Q1 results: ‘our momentum positions us for success in 2022’
Adobe Inc (NASDAQ: ADBE) on Tuesday reported market-beating results for its fiscal first quarter. Shares still slid 2.0% in extended trading on tepid guidance. Adobe Q1 financial highlights Net income...
Microsoft and Two Other Software Stocks for a Potential Recession
Text size Microsoft is a top pick of Bernstein software analyst Mark Moerdler for a potential recession. Drew Angerer/Getty Images The possibility of a bad recession is on everyone’s mind. On Tuesday,...