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Zacks Earnings Trends Highlights: Nike, FedEx and Adobe Read more
Shibam in Yemen is an ancient, desert city. Originally settled 1,700 years ago, it's the world's first city of skyscrapers. Many of the buildings, built from mud bricks, date back to the 16th century. As Yemen struggles with a violent civil war between the government and Houthi rebels, Shibam's future is uncertain. The war has been going on for five years, resulting in 6,000 deaths and putting 22 million people in a position where they need assistance — for food, water, shelter, or sanitation. For Shibam, things have been tenuous since 2008. Flooding, terrorist attacks, the Arab Spring Revolt, and the civil war have all put pressure on the city. Shibam's tourism industry has died, and funding for maintaining buildings has been cut. Now cracks are appearing across the buildings. Visit Business Insider's homepage for more stories. After surviving wars, floods, and a harsh climate for hundreds of years, Shibam, one of the world's most remarkable cities, could soon be in ruins. Shibam is known as the "Manhattan of the desert," because it's made up of mud brick skyscrapers that shoot up in the middle of the Arabian peninsula's longest valley. Read more
Clari just raised another $60 million from new investors, including Sapphire Ventures. The Sequoia-backed AI cloud startup has now raised a total of $135 million, and its valuation has climbed to "just under half a billion," CEO and founder Andy Byrne told Business Insider. Sapphire had passed on the opportunity to invest in Clari last year. Sapphire President Jai Das said the VC firm had decided that Clari 's business "wasn't overwhelming." That turned out to be a mistake as Clari began attracting more customers, including big corporations like Adobe and Lenovo. "That was the 'aha' moment," Das said. That was when he said, "Oh shoot, we should have done that in the last round." Clari's platform uses AI to turn data collected from a company's sales, marketing, account management operations into insights that different teams could use to win over new customers or make sure their current clients are satisfied. Click here for more BI Prime stories. Sapphire Ventures had the chance to invest in Clari last year, but the VC firm decided that the cloud startup, which uses AI to help businesses manage revenue operations, just wasn't that impressive. "The adoption was there but it wasn't overwhelming," Jai Das, Sapphire's president and managing director, told Business Insider. Read more
SAN JOSE, Calif. , Oct. 9, 2019 /PRNewswire/ -- San Jose-based Urban Catalyst, a multi-asset Opportunity Zone Fund, announced today that it has submitted a Preliminary Review Package to the City of San Jose for the company's property at 491 W. San Carlos Street. In July, Urban Catalyst purchased the property, located 200 yards from the proposed Google campus, which bookends Adobe's global headquarters in the Diridon Station Area, and is steps away from the SAP Arena and Diridon Station—the largest multi-modal transit hub on the West Coast. "By building a transit-oriented development, we can provide our growing community with easy access to alternative transportation options that allow greater work and life flexibility," said architect Jeff Current of Studio Current, which is designing the hotel. "This hotel will be specifically designed to generate a vibrant, walkable option … Full story available on Read more
Adobe is cancelling all customer subscriptions for people living in Venezuela in order to comply with a Trump administration executive order restricting the ability of U.S. companies to do business with the troubled Latin American country. Read more
The Zacks Analyst Blog Highlights: Walmart, Adobe, IBM and Zendesk Read more
Zacks Earnings Trends Highlights: Oracle, Adobe Systems, FedEx, Nike and JPMorgan Read more
Zacks Earnings Trends Highlights: Oracle, Adobe, Nike, FedEx and JPMorgan Read more
Adobe (ADBE) is well positioned to outperform the market, as it exhibits above-average growth in financials. Read more
Is (ADBE) Outperforming Other Computer and Technology Stocks This Year? Read more
Adobe surveyed over 1,000 American workers for their fifth annual email usage study and found that Americans are checking their email while watching TV, in bed, during work meetings, during meals, while driving and even in the bathroom — but also recognized a growing push to limit the amount of time they check work emails during their personal time. Read more
Zacks Earnings Trends Highlights: Oracle, Adobe Systems, FedEx, General Mills and JPMorgan Read more
Glassdoor just released its list of the highest paying companies in 2019. Several of the highest-paying companies this year can be found in Silicon Valley, California. The highest-paying Silicon Valley-based companies are Google, LinkedIn, Adobe, and PlayStation. Visit Business Insider's homepage for more stories. It's no secret that Silicon Valley companies are big money-makers and, as a result, many pay their employees above-average salaries. The California region — home to some of the richest people in America — has headquartered companies since the early days of the tech boom . The valley includes Bay Area cities such as San Francisco , San Jose , and Palo Alto . Recent findings from Glassdoor show the Valley's highest-paying tech companies boast median salaries ranging from $133,000 to almost $171,000. These 20 companies — plus five others outside Silicon Valley — fill up the top 25 spots on Glassdoor's full report highlighting the highest-paying companies today. Read more : The 25 highest-paying companies in 2019 Many of these companies — including big names like LinkedIn and Google — appeared in previous Glassdoor reports , while this year's lineup also welcomed some new names. Read more
Shares of Adobe Inc (NASDAQ: ADBE ) continued to fall on Wednesday after missing expectations on subscription bookings and lowering guidance for its Digital Experience business. Several sell-side analysts kept Buy recommendations on the stock, saying those negatives masked continued Accounting Rate of Return strength. The Analysts Canaccord Genuity’s Richard Davis kept a Buy rating and $320 target price on Adobe. Credit Suisse analyst Brad Zelnick has an Outperform rating and a $325 target price on the stock. Barclays analyst Saket Kalia has an Overweight rating on the stock, with a $330 price target. Wedbush analyst Daniel Ives continues to be Neutral on the stock with a $290 price target. JMP Securities analyst Patrick Walravens kept a Market Perform rating on Adobe. BMO Capital Markets' Keith Bachman kept an Outperform rating on Adobe but lowered his price target from $315 to $310. See Also: Adobe Falls On Lower Q4 Guidance The Theses The quarter was a "solid beat for the … Full story available on Benzinga. Read more
Adobe's (ADBE) fiscal third-quarter results benefit from increasing subscription adoption and solid momentum across Creative Cloud, Document Cloud and Experience Cloud. Read more

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