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Adobe shares slip 10% on soft revenue forecast

04:20pm, Thursday, 14'th Mar 2024
Adobe shares tumbled as much as 9% in extended trading on Thursday after the design software maker issued strong fiscal first-quarter results but came up slightly short on quarterly revenue guidance.
The markets are broadening since October lows. Eric Lynch discusses this, as well as the sneaky rotation in the markets.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analy

Tech Sector Resumes Growth Mode

10:45pm, Wednesday, 13'th Mar 2024
As was the case in the preceding two quarters, the Tech sector remains a key growth driver in 2024 Q1. On the other hand, the Energy sector continues to negatively impact the overall earnings picture.

Tech Sector Resumes Growth Mode

10:41pm, Wednesday, 13'th Mar 2024
As was the case in the preceding two quarters, the Tech sector remains a key growth driver in 2024 Q1. On the other hand, the Energy sector continues to negatively impact the overall earnings picture.
Tomorrow we will be keeping our eye on US Eco Data, GEF in Miami, Adobe Earnings.
Adobe ADBE Inc. scheduled to report earnings after Thursday's close. The stock hit a record high of $699.54/share in 2021 and, as of this writing, it is currently trading near $581.
Adobe (ADBE) is set to announce its first-quarter earnings for the 2024 fiscal year after the bell on Thursday, with analysts expecting double-digit growth in Adobe's Digital Media segment, as well
Adobe's (ADBE) fiscal first-quarter results are expected to reflect strength in its solid Digital Media segment.
Adobe's (ADBE) first-quarter fiscal 2024 results are expected to reflect gains from the solid momentum across the Digital Media and Digital Experience segments.
Adobe (ADBE) reports earnings on Thursday, postmarket and Oracle (ORCL) reports earnings this afternoon. Chris Versace previews these earnings.

Market Keenly Awaits CPI Report

11:55am, Monday, 11'th Mar 2024
Market Keenly Awaits CPI Report.
We all love – or at least marvel – at the stratospheric run of semiconductor giant Nvidia (NASDAQ: NVDA ) thanks to the artificial intelligence boon. But it also raises a question about underappre
Ulta Beauty, Williams-Sonoma, and Casey's General Stores will also report quarterly results.

Previewing the 2024 Q1 Earnings Season

08:35pm, Friday, 08'th Mar 2024
2024 Q1 earnings are currently expected to be up +2.4% from the same period last year on +3.5% higher revenues, reflecting the third consecutive period of positive earnings growth. The Tech sector is
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