Adobe and Figma call off $20 billion merger

08:30am, Monday, 18'th Dec 2023
Adobe and Figma, the cloud-based design tool, will terminate their planned $20 billion merger in light of regulatory hurdles, the companies said Monday.
Adobe and Figma terminate their merger agreement amid pushback from regulators.
Shares of Adobe Inc. ADBE, +0.01% climbed 1.9% in premarket trading Monday after the software company and design tools maker Figma said they have agreed to terminate the $20 billion merger agreement.
Adobe (NASDAQ: ADBE), the $266 billion design and marketing company's acquisition of Figma, is under increased regulatory scrutiny. As the transaction delays, there are serious doubts about whether th

Better Cloud Stock: Adobe vs. Salesforce

07:50am, Saturday, 16'th Dec 2023
Adobe and Salesforce stocks have both pulled back from their all-time highs. Adobe is grappling with slower growth and regulatory challenges.

Where Will Adobe Stock Be in 1 Year?

04:20pm, Friday, 15'th Dec 2023
Adobe's Q4 earnings surpassed analysts' expectations. But its guidance for fiscal 2024 was weak and it disclosed an FTC investigation.
Artificial intelligence (AI) has been the dominant trade in 2023, with no shortage of AI stocks to buy. Just about any stock linked to AI has risen over the last 12 months, from heavyweights such as M
Adobe Inc (NASDAQ:ADBE) has a history of providing conservative guidance for the new fiscal year, analysts at Jefferies highlighted after the creative software provider's 2024 outlook disappointed inv
U.S. equities were up at midday, with the Dow adding to its record high set yesterday, as rising retail sales added to enthusiasm surrounding the Federal Reserve's comments signaling rate cuts next ye
Adobe (ADBE) shares plunged over 5% in intraday trading Wednesday after reporting fiscal fourth quarter earnings that beat estimates, but its guidance missed expectations and the software company warn
Adobe's (ADBE) fiscal fourth-quarter results benefit from the strong momentum across Creative Cloud, Document Cloud and Experience Cloud.
CNBC's Deirdre Bosa reports on the latest news from Adobe.

Software Stock Brushing Off Upbeat Quarter

11:24am, Thursday, 14'th Dec 2023
Shares of Adobe Inc (NYSE:ADBE) are surging today, up 6.3% at $585.21 at last glance, despite the company beating fiscal fourth-quarter earnings and revenue expectations.
Adobe's NASDAQ: ADBE FQ4 results echoed Oracle's NASDAQ: ORCL, causing the shares to fall following the release. The primary cause for the decline is the guidance, which is favorable to shareholder va
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