Adobe Inc.
5 things to know before the stock market opens Friday
Here are five key things investors need to know to start the trading day: 1. Four-ward The S&P 500 marked its fourth winning day in a row Thursday, gaining 0.75%. The Nasdaq Composite did even better, rising 1%, as investors snapped up tech names, while the Dow Jones Industrial Average added 235.06 points, or 0.58%. The gains came […]
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Adobe stock slips on soft fourth-quarter revenue guidance
Adobe CEO Shantanu Narayen speaks during an interview with CNBC on the floor of the New York Stock Exchange on Feb. 20, 2024. Brendan Mcdermid | Reuters Adobe reported third-quarter results on Thursday that beat Wall Street expectations for sales and earnings, but the stock slid 10% in extended trading on fourth-quarter guidance that came […]
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Stocks making the biggest moves after hours: Adobe, RH, Oracle and more
In this article RH ORCL ADBE APTV Follow your favorite stocksCREATE FREE ACCOUNT External view of the stand where Adobe Digital Imaging Evangelist Director, Photoshop & Lightroom Julieanne Kost conduct a Lightroom workshop at Xposure on February 29, 2024, in Sharjah, United Arab Emirates. Horacio Villalobos | Corbis News | Getty Images Check out the […]
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Stock futures inch lower as investors brace for more inflation and labor data: Live updates
Traders work on the floor of the New York Stock Exchange during morning trading on September 04, 2024 in New York City. Michael M. Santiago | Getty Images U.S. stock futures inched lower Wednesday night as investors brace for more inflation and labor data, following a volatile session spurred by the release of the August […]
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Philippe Laffont’s Coatue entered into Paramount last quarter amid weakness
Philippe Laffont’s Coatue built a position at Paramount Global amid tumultuous times for the storied media company. The technology-focused investor opened a stake of more than 3 million shares in the legacy entertainment giant during the second quarter, according to regulatory fillings. That amounts to a holding worth more than $38 million. Laffont is one of […]
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These are the finest methods to play GenAI as it disrupts new industries, according to RBC
Semiconductor stocks and technological innovation behemoths get all the acclaim when it arrives to synthetic intelligence, but RBC Money Markets is giving up some alternate strategies to perform the theme. Demand for AI has introduced the inventory industry towards new highs this 12 months, boosting foremost AI chipmaker Nvidia by nearly 155% this calendar year […]
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Figma CEO states it is ‘eating cost’ of AI update for consumers in 2024
As design company Figma rolls out its initially main AI improve for its system, CEO and co-founder Dylan Industry is getting no prospects with consumers amid steep AI adoption and demand from customers curves and consumer buzz. Figma is spending the expense of the AI upgrade for now in its place of attempting to demand […]
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Fisker files for bankruptcy protection in wave of EV startups, moment of déjà vu for its founder
Henrik Fisker stands with the Fisker Ocean electric vehicle after it was unveiled at the Manhattan Beach Pier ahead of the Los Angeles Auto Show and AutoMobilityLA on November 16, 2021 in Manhattan Beach, California. Patrick T. Fallon | AFP | Getty Images Fisker on Monday became the latest all-electric vehicle startup to file for […]
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U.S. sues Adobe over subscription plan disclosures
Adobe headquarters in San Jose, California, US, on Thursday, Nov. 30, 2023. David Paul Morris | Bloomberg | Getty Images The U.S. government on Monday sued Adobe, accusing the maker of Photoshop and Acrobat of harming consumers by enrolling them in its most lucrative subscription plans without clearly disclosing important terms. In a complaint filed […]
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Forget Nvidia: Wealth manager for the ultra-rich names 3 global stocks to buy instead
After a boom of interest in chipmaker Nvidia — with shares logging an astronomical 200% rise over the last 12 months — investors appear divided on whether to buy into the stock . One wealth manager, however, is happy not owning the chipmaker. “I bought into Nvidia during early days and exited my position at […]
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