Why Adobe Stock Popped After Q1 Earnings

11:32am, Thursday, 16'th Mar 2023
Adobe stock beat on the top and bottom lines last night -- and beat on guidance as well. Sales were up strongly despite foreign currency headwinds, but earnings growth remains weak.
Adobe President of Digital Media Business David Wadhwani joins Yahoo Finance Live to discuss company earnings, layoffs in the tech industry, and the outlook for profit growth.
Adobe also increased its guidance for the full year thanks to the solid demand the company is seeing in its creative segment despite the unfavorable macroeconomics.
Adobe Inc. (NASDAQ: ADBE) shares are rising after solid Q1 results and guidance, but a sustained rally is unlikely because the margin of outperformance is slim, and guidance was only as expected for t

These 2 Tech Stocks Are Shooting Higher Thursday

08:53am, Thursday, 16'th Mar 2023
Markets continued to seesaw amid investor uncertainty. Adobe and UiPath reported favorable financial results.
Adobe delivered record revenue in each of its primary business segments. The company raised its full-year guidance in wake of its robust performance.
Wall Street welcomed the prudent approach taken by the company when it comes to the macro landscape and setting achievable financial targets. Seven analysts hiked their price target after earnings.
While the top- and bottom-line numbers for Adobe (ADBE) give a sense of how the business performed in the quarter ended February 2023, it could be worth looking at how some of its key metrics compare

Adobe Inc. (ADBE) Q1 2023 Earnings Call Transcript

08:57pm, Wednesday, 15'th Mar 2023
Adobe Inc. (NASDAQ:ADBE ) Q1 2023 Earnings Conference Call March 15, 2023 5:00 PM ET Company Participants Jonathan Vaas - Vice President, Investor Relations Shantanu Narayen - Chairman and Chief Execu
Adobe is a growth and quality company, and given the current share price, it represents good value. We assign a BUY rating. The intrinsic value derived using Cash Flow Returns On Investment based DCF

Adobe beats, lifts profit forecast for fiscal 2023

07:34pm, Wednesday, 15'th Mar 2023
CNBC's Frank Holland joins 'Closing Bell: Overtime' to report on Adobe's earnings.
Adobe (ADBE) delivered earnings and revenue surprises of 3.83% and 0.88%, respectively, for the quarter ended February 2023. Do the numbers hold clues to what lies ahead for the stock?

Markets Sell on Possible Global Bank Crisis

07:05pm, Wednesday, 15'th Mar 2023
A destabilized Credit Suisse brought global bank contagion fears to the stock market.
Yahoo Finance anchor Seana Smith reports on some of the most active stocks in after-hours trading.
Last week ended with a bang and this week started with one. The regional banking crisis has reintroduced a wave of volatility into the financial system, something we're seeing all across the board.
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