Adobe Systems Stock News

Adobe (NASDAQ:ADBE) had its price objective reduced by Deutsche Bank Aktiengesellschaft from $770.00 to $715.00 in a research note issued to investors on Friday morning, Analyst Price Targets reports. They currently have a buy rating on the software companys stock. A number of other equities analysts have also recently commented on ADBE. Bank of America []

Adobe (NASDAQ:ADBE) had its target price cut by Mizuho from $695.00 to $685.00 in a research note issued to investors on Friday morning, Price Targets.com reports. They currently have a buy rating on the software companys stock. A number of other equities analysts also recently weighed in on the company. Deutsche Bank Aktiengesellschaft cut their []

Adobe Inc. (NASDAQ:ADBE) shares saw unusually-high trading volume on Thursday . Approximately 106,067 shares were traded during trading, a decline of 95% from the previous sessions volume of 2,303,420 shares.The stock last traded at $583.79 and had previously closed at $630.33. ADBE has been the subject of several analyst reports. The Goldman Sachs Group reiterated []

Download PDF December 17, 2021 4: 40 PM Image Credit score: Getty Photography Hear from CIOs, CTOs, and other C-stage and senior experts on data and AI suggestions on the Future of Work Summit this January 12, 2022. Be taught more In step with a brand recent report by Adobe, 77% of respondents living with

The surge of infections with COVID-19 Omicron variant was a big concern for investors as the key stock market indices in the United States ended the session in the red on Friday. The Dow Jones fell 1.48% with Goldman Sachs dropping 3.92%. The tech heavy Nasdaq 100 also fell by 0.39% while the S&P 500 declined by 1.03%. US National Institute of Allergy and Infectious Diseases (NIAID) Director Dr. Anthony Fauci on Friday said that the newly-detected strain is beyond doubt more transmissible than its predecessors. Pfizer In a presentation revealed during Pfizers investor call on Friday, the company noted thta it assumes that the COVID-19 pandemic will turn into an endemic in 2024. This comes as the firm announced a small-scale study aimed at testing its modified coronavirus vaccine against the virus Omicron strain. Rivian stock falls after shifting 2021 output forecast Shares of Amazon backed electric vehicle automaker Rivian Automotive Inc. fell by more than 10% during Fridays trading session after the firm made public its first-ever earnings report after going public.

Adobe is testing out a new web-based tool that uses AI to simplify audio recording. The software is called Project Shasta , and it could make recording and editing podcasts and other projects a lot easier and more approachable. The project started off in Adobe Labs as an experiment to find "new ways to help people edit audio on the web, Mark Webster, Adobes head of audio products, wrote in a post on Product Hunt . But then it became clear that the pandemic made recording difficult too, even for audio professionals. Our vision became empowering everyone with the tools they needed to create professional sounding audio." The result is a browser-based tool it requires Google Chrome for creating and editing audio recordings in a visual interface without the need for professional equipment or other advanced tools. Users record their audio in clips and Shasta automatically transcribes the recordings. From there, editing is as simple as deleting text from the transcription. There are also AI-based filters that can improve the audio quality or automatically remove filler words like um. Project Shasta also supports remote recording, so guest speakers can easily join in for recordings.

Carderock Capital Management Inc. grew its position in Adobe Inc. (NASDAQ:ADBE) by 1.5% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 19,182 shares of the software companys stock after purchasing an additional 277 shares during the quarter. Adobe makes up 3.1% of Carderock Capital Management Inc.s portfolio, making the stock its 5th []

Adobe (NASDAQ:ADBE) posted its quarterly earnings results on Wednesday. The software company reported $3.20 earnings per share for the quarter, meeting the Thomson Reuters consensus estimate of $3.20, MarketWatch Earnings reports. Adobe had a net margin of 38.67% and a return on equity of 35.95%. The firm had revenue of $4.11 billion during the quarter, []

They Started "Shooting The Generals" - Nomura Warns Mega-Cap Tech Holds The Key Markets are loudly turmoiling this morning with stocks dumped and pumped, bond yields lower, and crypto hammered as Nomura''s Charlie McElligott warns that mega-tech companies remain the key for the market overall. USTs are again rallying despite the multi-day hawkish parade of Central Banks (well, everybody save the BoJ, lol), as we see a bull-flattening again after yesterday’s unwind-y flows in various “Hawkish Fed Tightening” trades (hence yesterday’s curve-steepening, as the front / Red ED$ / belly led the rally, which was further contributed to by some LDI buying in the 2Y / 3Y sector), with some more Omicron / COVID case growth numbers contributing to long-end bid alongside of course the implications of the accelerated global tightening cycle commencement. And following-up said mention of LDI flows and recent thematic price-action in the curve, where it is becoming increasingly-clear that a return to ~98% funding ratios for Pensions (as per Milliman) is dictating a de-risking rotation in cross-asset markets, where long-end / Duration exposure is being added via STRIPS, versus de-allocation in Equities (late-day “programmatic” type sell- flows—e.g. recently “heavy” sell MOCs) Source: Nomura This year-end rally in fixed-income will again provide tactical opportunities for those looking at attractive entry points to trade from the bearish side in coming weeks- and months-, where Darren Shames notes that on top of the obvious “Fed is tapering to hike sooner” reality, that they too will be buying significantly less UST / MBS over the next two weeks short-term window (no buy-backs btwn Dec 22nd and Jan 3rd), with the outright cessation of QE purchases by mid-March.

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Stocks Analysis by Zacks Investment Research covering: Adobe Systems Incorporated, Amazon.com Inc, Netflix Inc, Simulations Plus Inc. Read Zacks Investment Research''s latest article on Investing.com

Stocks that traded heavily or had substantial price changes Thursday:

Adobe Inc (NASDAQ: ADBE) Q4 2021 earnings call dated Dec. 16, 2021 Corporate Participants: Jonathan Vaas Vice President of Investor Relations Shantanu Narayen Chairman and Chief Executive Officer Ann Lewnes Chief Marketing Officer [] The post Adobe Inc (ADBE) Q4 2021 Earnings Call Transcript first appeared on AlphaStreet .

Yahoo Finance published this video item, entitled Adobe Read more