Adobe Systems Stock News

Adobe''s guidance for its fiscal first quarter badly missed analysts'' estimates, sending the stock down more than 10%.

International Assets Investment Management LLC increased its position in shares of Adobe Inc. (NASDAQ:ADBE) by 1.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,098 shares of the software companys stock after purchasing an additional 69 shares during the quarter. International Assets []

Insight Wealth Strategies LLC lessened its holdings in shares of Adobe Inc. (NASDAQ:ADBE) by 0.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,114 shares of the software companys stock after selling 28 shares during the quarter. Insight []

Adobe reversed from support level 600.00 Likely to rise to resistance level 640.00 Adobe recently reversed up once again from the round support level 600.00 (which stopped the previous minor correction A at the start of December) standing well outside of the lower daily Bollinger Band. The upward reversal from the support [] The post Adobe Wave Analysis 16 December, 2021 appeared first on All About Forex World .

STATE OF THE MARKETS Dollar dived post-FOMC. As US stocks rebounded and pared earlier losses on Wednesday, Dollar (DXY) dived after Feds confirmed its plan to finish taper by March and three hikes in 2022. Dow (+1.08%), Nasdaq (+2.15%), S&P (+1.63%) and Russell (+1.65%) closed higher as investors expect year end rally to continue. Dollar was under pressure below the 96.50 mark while the 10Y yielded to 148 basis points. In the commodities market, crude was in a tight range of $71.50 $69.20/bl as markets remain uncertain on Omicron long term impact. Gold was subdued to $1,750/oz before bidders emerged and pushed the yellow metal back to $1,780/oz at writing as inflation concerns remained. Elsewhere, iron ore jumped to $109.20/tn as news hit the wire that China vowed to stabilize her economy. In the FX space, short and medium term traders turned bullish as the safe haven Swiss and Yen were sent to offers while Aussie, Kiwi, Sterling and Euro led the bids. Long term sentiments remained unchanged.

Adobe stock tumbled after it reported fourth-quarter earnings that met expectations while full-year fiscal 2022 guidance missed views.

Adobe Inc. stock traded on the Nasdaq exchange is one of the most popular assets. Learn about its intraday performance with this technical analysis.

U.S. stock futures rose sharply in early Thursday trading after the Federal Reserve signaled it would be aggressive on tapering and sees three interest rate hikes in 2022. Futures for the Dow Jones Industrials jumped 210 points, or 0.6%, to 36,026. Futures for the S&P 500 grew 27.75 points, or 0.6%, to 4,728.25. Futures for the NASDAQ hiked 80.25 points, or 0.5%, to 16,366.50. Shares of companies that have done well in previous rate-hiking cycles led pre-market gainers. Materials stocks FMC Corp. and Freeport-McMoRan both rose more than 3% ahead of the opening bell. Bank stocks also rose across the board, with JPMorgan Chase, Citigroup and Bank of America all up about 0.6%. In transportation news, Delta Air Lines reported that it now expects to see a profit of $200 million in the fourth quarter, after previously projecting a loss. Shares rose 2.2% on the news. Health-care stocks UnitedHealth gained 3.1%, and Amgen rose 2.6%. Adobe and Accenture are scheduled to report quarterly earnings before the opening bell.

Futures pointed to a higher opening for Canada''s main stock index on Thursday, aided by gains in both crude and gold prices, while an upbeat economic outlook from the U.S. Federal Reserve boosted sentiment. The S&P/TSX Composite surged 120.59 points to close the midweek session to 20,769.16. Futures were up 0.6% Thursday. Canadian Imperial Bank of Commerce and National Bank said Wednesday they have asked staff in Canada to work remotely, joining Bank of Nova Scotia in halting plans for a return to offices amid growing concerns over the Omicron variant. CIBC raised the rating on Cineplex to outperform from neutral. Canaccord Genuity cuts the rating on Freshlocal Solutions to hold from buy. CIBC cut the rating on Manulife Financial to underperform from neutral. On the economic beat, Statistics Canada reported wholesale sales grew 1.4% in October to the highest level on record, 11.4% higher than in February 2020. Ontario sales and the motor vehicle and motor vehicle parts and accessories sub-sector drove the increase.

SAN JOSE (dpa-AFX) - Adobe Systems Inc. (ADBE) announced earnings for fourth quarter that decreased from last year in line with the Street estimates.The company''s bottom line came in at $1.23 bill

https://www.investing.com/news/stock-market-news/adobe-earnings-inline-revenue-beats-in-q4-2714000

IDCMarketScape: Worldwide Customer Data Platforms Focused on Front Office Users 2021-2022 Vendor Assessment highlights strengths in analytics, innovation, and related offering portfolio Leading brands like Panera, BJs and ServiceNow delivering world-class customer experiences with Adobe Real-Time CDP Adobe announced it was named a Leader in the IDCMarketScape: Worldwide Customer Data Platforms Focused on Front Office [] The post Adobe Named A Leader In Worlds First Major Evaluation Of Customer Data Platform (CDP) Market appeared first on AiThority .