ADBE
NASDAQ NMS - GLOBAL MARKET · Technology
Adobe Inc
$194.90
-0.26 (-0.13%)
ADBE News30 articles
Salesforce Shares Slide Despite Record Revenue as AI Monetization Concerns Persist
Salesforce shares dropped 1.8% to $152.21, even after record revenue and strong AI sales, as investors worry that new AI agents could undermine its core subscription model and pressure margins.
ServiceNow Plunges as Software Stocks Sink on Hawkish Fed Outlook
ServiceNow shares plunged nearly 6% as software stocks sank on hawkish Fed rate concerns, despite a price target hike to $130 from Benchmark.
Citi Bullish on Figma: AI Monetization Strategy Solid, $36 Target Set
Citi initiates Figma at Buy with a $36 target, citing strong AI monetization. Shares rise premarket after a 52% YTD decline.
G7 Leaders Debate AI Model Access Amid OpenAI's $1T IPO Plan and Rising China Competition
G7 leaders debate AI model access as OpenAI files for a $1T IPO. Anthropic restricts models, China boosts local AI, and cybersecurity deals surge.
Figma Stock Extends Slide Despite Robust AI-Driven Revenue Growth
Figma shares continued their decline, dropping to $18.12 amid an eight-day losing streak that wiped out $4.1 billion in market value, despite strong AI-fueled revenue growth and an upgraded full-year outlook.
Markets Mixed as Oil Eases, SpaceX IPO Debuts with $2 Trillion Valuation; Fed Meeting Looms
U.S. stocks edged higher Friday with the Dow up 176 points, as oil declines and hopes for a Middle East peace deal bolster sentiment. SpaceX's IPO surged 30% above its offer price, while the Fed's upcoming meeting remains a key focus.
Marvell Technology Slips After Surge; AI Narrative and S&P 500 Entry Remain Key
Marvell Technology shares slipped 1.7% premarket after an 11% surge, as the company's AI narrative and upcoming S&P 500 inclusion remain key catalysts.
U.S. Futures Edge Higher as SpaceX Debut Looms, Oil Prices Plunge
U.S. stock futures edged higher Friday as investors brace for SpaceX's record $75 billion IPO and a steep decline in oil prices, while producer inflation data raises rate hike concerns.
Adobe Stock Slides as CFO Exit Overshadows Record Q2 Results and AI Growth
Adobe shares tumbled over 10% after CFO Dan Durn's exit announcement overshadowed record Q2 earnings, with revenue of $6.62B and EPS of $5.96 beating estimates.
Wall Street Surges: Dow Jumps 930 Points on Tech Rebound and Geopolitical Easing
U.S. stocks posted their strongest session in months on Thursday, with the Dow soaring 930 points, driven by a tech rebound and easing geopolitical risks. Chip stocks led gains, while Adobe dropped after CFO departure.
Tech Rebound, Eased Iran Tensions Propel Wall Street Higher
Wall Street surged Thursday as tech stocks rebounded and oil prices fell after President Trump canceled planned strikes on Iran, easing inflation fears. The S&P 500 gained 1.75% to 7,394.30.
Adobe Plunges Ahead of Q2 Earnings as AI Fears Mount
Adobe shares fell 4.6% to $222.66 ahead of Q2 earnings, with options signaling an 8.5% swing that could push ADBE near 2019 lows amid AI fears and CEO transition.
S&P 500 Futures Edge Higher as Inflation Data and Tech Earnings Loom
U.S. stock futures climbed Wednesday, with S&P 500 and Nasdaq contracts up, as traders await inflation data and tech earnings. Intel slipped after a surge on Google AI chip order news.
Wall Street Selloff Halts S&P 500's Nine-Week Rally; AI Stocks Tumble, SpaceX IPO Looms
The S&P 500 snapped its nine-week winning streak Friday as tech stocks plunged 5.8%, wiping out $1.3 trillion in chipmaker value. Markets now eye May inflation data and SpaceX's IPO.
POET Technologies Plunges 23% as AI Chip Selloff Intensifies Ahead of CPI Data
POET Technologies shares plunged 23% Friday, ending the week 3.5% lower, as investors fled AI and semiconductor stocks ahead of key inflation data.
Nvidia Sheds $300B as Chip Rout Tests AI Rally
Nvidia shares plunged 6.2% Friday, wiping out over $300 billion in market cap, as a strong jobs report stoked Fed rate hike fears and sparked a broad chip selloff. The AI trade faces a critical test Monday.
Adobe Stock Tumbles Ahead of Q2 Earnings as AI Monetization and CEO Succession Weigh
Adobe shares dropped 2.7% to $251.44 on Friday, nearing a 40% decline from their 52-week high, as investors brace for fiscal Q2 results on June 11 amid AI monetization concerns and rising competition.
AI Rally Cools: Chip Rout Erases $1.3 Trillion as Jobs Data Spurs Rate Jitters
Wall Street's AI-driven rally stalled Friday as chip stocks plunged, erasing $1.3 trillion in market cap, after a strong jobs report sparked Fed rate fears. The S&P 500 ended a nine-week winning streak.
ServiceNow Retreats in Premarket After AI-Driven Rally
ServiceNow shares fell 2.17% in premarket trading Tuesday after a 9.24% surge Monday fueled by Nvidia's AI chip launch. The company reported strong Q1 results but faces margin headwinds from acquisitions and delayed Middle East contracts.
ServiceNow Surges as AI Agent Fears Recede, Software Stocks Rally
ServiceNow shares surged 8.5% after Nvidia's CEO eased AI agent concerns, fueling a broad software rally. The stock is now trading as an AI operating layer bet.
Adobe Shares Rise Premarket as AI Revenue Hopes Build Ahead of Earnings
Adobe shares rose 3.6% in after-hours trading, building on Friday's 7.36% rally, as the market focuses on the June 11 earnings report for proof that AI is boosting revenue. The stock is still far from its $421 high.
Adobe Stock Surges 7.4% on AI Shopping Data, Eyes Q2 Earnings
Adobe shares jumped 7.36% on Friday, erasing weekly losses, as AI-driven shopping conversions surged 182% year-over-year. The stock gained 5.9% for the week ahead of Q2 earnings on June 11.
Adobe Shares Surge on AI Shopping Data, Weekly Gain Nears 6%
Adobe shares jumped 7.36% Friday, posting a 5.9% weekly gain, fueled by strong AI shopping data and bullish sentiment. Q2 earnings are due June 11.
Zeta Global Soars 13% on AI Optimism and Options Surge
Zeta Global shares surged 13.43% Friday amid heavy call-option activity and a loyalty-data study. Q1 revenue grew 50% to $396 million, and the company lifted its 2026 revenue forecast.
Adobe Shares Surge 6.5% as Wall Street Reassesses AI Competition
Adobe shares surged 6.5% to $257.10, driven by renewed buying ahead of earnings, despite ongoing AI competition from Canva and Figma.
Adobe Shares Gain Premarket as Tech Selloff Tests Recovery
Adobe shares gained 2.14% in premarket trading Tuesday, continuing a rebound as the broader tech sector faced renewed selling pressure.
ServiceNow AI Gains Pressure Salesforce as BofA Highlights Diverging Fortunes
ServiceNow shares jumped 8.8% after Bank of America resumed coverage with a Buy rating, highlighting AI as a key growth driver. Salesforce rose 3.4% despite an Underperform rating.
Figma Stock Tests Recovery as AI Monetization Gains Traction
Figma shares edged higher Monday after the company reported a 46% revenue surge and raised its 2026 forecast, buoyed by early traction in AI credit monetization.
Figma Stock Under Pressure as AI Strategy Faces First Major Test
Figma shares trade near $20 ahead of May 14 earnings, with investors focused on whether AI features can drive revenue growth amid rising costs and analyst caution.
Intuit Rises as Tax Season Results Loom Amid AI Concerns
Intuit shares climbed 3.3% on Friday, recovering some losses from an AI-driven selloff. Investors await fiscal Q3 results covering the peak tax season.