ADBE
NASDAQ NMS - GLOBAL MARKET · Technology
Adobe Inc
$253.04
-3.47 (-1.35%)
ADBE News30 articles
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.
Qualcomm Rallies Ahead of Earnings, AI Sector Faces Pivotal Week
Qualcomm shares jumped 9.7% ahead of its April 29 earnings report, but JPMorgan downgraded the stock citing smartphone and data-center challenges. Adobe announced a $25B buyback as it pivots to AI.
Figma to Report Q1 Earnings on May 14 Amid AI Rivalry and Board Shifts
Figma reports Q1 earnings May 14 as AI competition heats up, with board changes and CEO Dylan Field controlling 72.3% voting power.
ServiceNow Shares Slide Despite Strong Q1 and Raised Forecast
ServiceNow (NOW) shares tumbled 18.7% after reporting better-than-expected Q1 results and a higher 2026 outlook, as Middle East contract delays and AI concerns weighed on sentiment.
IBM Shares Slide Despite Earnings Beat as Software Growth Deceleration Stirs AI Concerns
IBM shares tumbled 9.6% despite beating Q1 estimates, as decelerating software and consulting growth revived concerns about AI disrupting legacy enterprise-software businesses.
IBM Sales Beat but AI Anxiety Drags Software Stocks Lower
IBM shares tumbled 9.5% despite beating Q1 earnings estimates, as fears that AI tools could erode its software and consulting businesses rattled investors. ServiceNow fell 17.5% and the iShares Expanded Tech-Software ETF lost 5.6%.
Palantir Shares Dip 5% Despite Major USDA Contract; Software Sector Slumps
Palantir shares dropped 5.4% to $144.41 Thursday, overshadowed by a broad software selloff triggered by IBM and ServiceNow results, despite winning a $300 million USDA contract.
IBM Shares Tumble 9.9% Despite Q1 Beat as Flat Forecast, AI Worries Weigh
IBM shares fell 9.9% despite beating Q1 estimates, as a flat 2026 forecast and slowing software growth fueled investor concerns over AI's impact.
Figma Shares Drop as AI Rivalry Intensifies, Valuation Gap Narrows
Figma shares declined sharply following the launch of Anthropic's Claude Design AI tool, intensifying competition in the design software sector. A new valuation analysis suggests the stock may be overvalued as investors weigh AI's impact on growth.
Palantir Stock Gains as ARK Invest Adds Shares Amid AI Sector Volatility
Palantir Technologies shares advanced nearly 2% premarket Monday following a significant purchase by Cathie Wood's ARK Invest. The move comes as the software sector faces pressure from emerging AI tools.
Snowflake Shares Tumble Amid AI Disruption Fears
Snowflake shares dropped 8.4% to $121.11 on Friday, extending losses after an 11.7% decline Thursday, as AI disruption fears sparked a sector-wide selloff.
Stocks Advance as Geopolitical Tensions Ease, Fed Minutes Signal Hawkish Stance
U.S. equities climbed Thursday, with the Dow Jones Industrial Average rising 337 points, as easing Middle East tensions tempered oil prices. Amazon shares lifted the market following strong AI revenue figures, while Federal Reserve minutes indicated a willingness to raise rates if inflation remains elevated.
DocuSign Surpasses Q4 Forecasts, Unveils $2B Buyback and Confident 2027 Outlook
DocuSign reported better-than-expected fourth-quarter results, announced a major $2 billion increase to its stock buyback program, and provided an optimistic revenue outlook for fiscal 2027. Shares gained in after-hours trading.
Stocks Retreat as Stagflation Fears Intensify Ahead of Fed Meeting
U.S. equities declined Friday as persistent inflation and slowing growth rattled investors. The Nasdaq dropped 0.91% and the S&P 500 fell 0.38% with Brent crude holding above $100.
Oracle's AI Surge Lifts Tech Sector Ahead of Adobe Earnings
Oracle's massive AI-driven revenue forecast has reinvigorated the artificial intelligence trade, lifting tech stocks premarket. Adobe's upcoming earnings will provide a critical read on software AI demand.
Intuit Shares Slide on Spending Concerns Despite Analyst Upgrade
Intuit shares dropped nearly 4% Tuesday as investors focused on elevated spending forecasts overshadowing a bullish analyst upgrade and strong January-quarter results.
Adobe Stock Rises on AI Revenue Focus Ahead of Q1 Report
Adobe shares advanced approximately 4% on Thursday as Wall Street scrutinizes the company's AI-fueled subscription growth ahead of its quarterly earnings release next week.
Adobe Shares Surge Ahead of Q1 Earnings, AI Monetization in Focus
Adobe shares gained 4.1% on Tuesday, defying broader market weakness, as investors look to the company's upcoming earnings report for clarity on AI monetization and acquisition progress.
Intuit Gains Amid Tech Rebound, Eyes on Spending and Jobs Data
Intuit shares advanced 2.45% to $419.06, with trading volume well above average. The company expects third-quarter adjusted earnings to fall short of estimates due to increased tax-season spending.
Salesforce Shares Dip Amid Software Sector Gains, Focus Turns to AI Strategy
Salesforce shares declined 1.1% on Monday, underperforming the broader software sector, following last week's revenue forecast that missed analyst expectations. Investors are evaluating new partner program changes and the company's push into AI agents.
Salesforce Shares Dip Amid Sector Gains, Focus Turns to AI Strategy
Salesforce shares declined 1.1% on Monday, lagging a broader software sector rally, following last week's revenue guidance miss and a $50 billion buyback announcement. Executives are set to speak at a Morgan Stanley conference Tuesday.
Adobe Stock Tests Lows Amid AI-Driven Software Selloff
Adobe stock closed slightly higher Friday but remains down 25% year-to-date, hovering just 5% above its 52-week low. The broader software sector has shed $2 trillion in market value since October.
Adobe Shares Edge Higher Amid Broader Software Sector AI Anxiety
Adobe shares gained slightly to $263.97 on Friday but remain under pressure, down roughly 25% year-to-date as investor concerns about AI's impact on software persist.
Adobe Stock Slides Amid AI Uncertainty and Rate Concerns
Adobe stock declined 1.4% to $253.66, tracking broader software sector weakness. Investors are weighing AI disruption risks against monetary policy uncertainty.
Intuit Shares Extend Decline Amid AI Return Concerns
Intuit shares dropped 1.4% to $394.06, continuing a two-day slide as software stocks retreated. Investors are scrutinizing returns on AI investments ahead of key economic data.
Adobe Stock Rises as Software Sector Sees Inflows After AI-Led Decline
Adobe shares gained 0.3% as investors returned to software stocks following last week's AI-driven selloff. Traders are eyeing upcoming U.S. jobs and inflation data for interest rate signals.
Figma Shares Surge 10% Amid Software Sector Rebound Ahead of Earnings
Figma stock rallied over 10% as investors returned to beaten-down software names, with record inflows into a key tech ETF. The company reports quarterly results on February 18.
Adobe Shares Slip to 52-Week Low Amid Tech Sector Rebound
Adobe stock declined 0.4% to $267.26, touching a new 52-week low, while the broader software sector rallied. Investors await key economic data and the company's March earnings report.
Adobe Shares Dip Amid Tech Rally, Semrush Merger Advances
Adobe stock closed lower Friday, underperforming a broader tech surge as investors await key economic data and the company's upcoming earnings. Shareholders approved the $1.9 billion Semrush acquisition.