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Shares in the creative software company were sliding Thursday. The economic slowdown could hit its bottom line.
StockStory.org on MSN23h
Why Adobe (ADBE) Shares Are Getting Obliterated TodayShares of creative software maker Adobe (NASDAQ:ADBE) fell 13.2% in the morning session after the company reported ...
Adobe shares tumbled Thursday after the company’s full-year forecast came in lower than expected, but analysts said they're ...
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Not only that, but Adobe reported $2.5 billion in positive free cash flow for the quarter, twice last year's $1.2 billion, ...
Adobe’s decline was mainly due to its disappointing forward guidance. Q2 revenue forecast came in at $5.77–$5.82 billion vs.
RiverPark Advisors, an investment advisory firm and sponsor of the RiverPark family of mutual funds, released its “RiverPark ...
Adobe (NASDAQ:ADBE – Free Report) had its price target trimmed by Mizuho from $620.00 to $575.00 in a research report report published on Thursday morning,Benzinga reports. The brokerage currently has ...
Adobe is expected to report fiscal 2025 first-quarter results after the closing bell Wednesday, with analysts mostly bullish ...
Digital Camera World on MSN1d
Adobe Stock now enables you to mass-edit with AI – but is it a nail in the coffin for stock photography, or another way for creators to earn money?When you buy through links on our articles, Future and its syndication partners may earn a commission. Adobe Stock has been ...
For context, this time last year, in fiscal Q1 2024, Adobe's balance sheet held $3.1 billion of net cash. Today, its net cash ...
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