ADBE
NASDAQ NMS - GLOBAL MARKET · Technology
Adobe Inc
$256.81
-2.51 (-0.97%)
ADBE News30 articles
Figma Faces $2.16B Share Unlock After 14% Rally
Figma (FIG) shares surge 14% before Q2 earnings, but a 77.7M share lock-up expiry could pressure prices. Revenue consensus stands at $351.5M.
Salesforce Stock Jumps 12% but Organic Growth Concerns Loom
Salesforce shares rose 12.4% last week, but Q2 organic growth is expected to slow to 6-7%. Investors weigh AI gains against core business challenges.
Adobe Gains 6% But AI Base Remains Small, Valuation Gap Persists
Adobe shares jumped 6.1% to $225.11, yet ended the week down 5.1%. AI-first ARR surpassed $500 million, but remains a small fraction of total ARR, leaving a significant valuation discount.
Adobe Stock Drops 3% After Morgan Stanley Downgrade; Buybacks Prop EPS
Adobe shares fell 3% after Morgan Stanley downgraded the stock to underweight. Buybacks boosted EPS, but leadership changes and AI investments raise execution risks.
Semiconductor surge lifts US stocks, but market breadth remains mixed
US stocks rose Tuesday as the chip index jumped 4.9%, but market breadth remained uneven. The Nasdaq gained 1.29% and the S&P 500 added 0.81%.
Adobe Rises Despite BofA's Underperform Rating Amid $25B Buyback
Adobe stock rises 4.5% despite BofA's Underperform rating. The $25B buyback plan, about 27% of market cap, provides a cushion as AI revenue remains small.
Intuit Recovers Slightly, Yet Analyst Targets Suggest Massive Upside Potential
Intuit stock rose 2.9% in the holiday-shortened week, closing at $275.35. Despite the rebound, the average analyst target of $486.61 points to significant upside, while the stock's 2026 decline has erased about $106 billion in market value.
Amazon Edges Up as AWS Unveils $1B AI Projects for Clients and Intel
Amazon shares edged higher Thursday as AWS unveiled two $1 billion AI projects, including a generative AI engineer service and cloud credits for intelligence agencies.
Figma Surges 11.8% on Russell Index Inclusion and Heavy Options Activity
Figma shares surged 11.8% after being added to the Russell 3000, with heavy call buying and short covering driving the rally. The company's AI adoption and strong Q1 revenue growth support investor optimism.
Figma Shares Tumble Ahead of Russell Index Inclusion Amid Valuation Concerns
Figma (FIG) dropped 9.8% to $16.84 ahead of its Russell 3000 inclusion, trading at 5x 2026 revenue. Despite 46% Q1 growth, losses and mixed analyst ratings weigh on the stock.
Amazon Plunges $67B on EU Cloud Crackdown, Overshadowing Prime Day
Amazon shares dropped 2.6%, erasing $67 billion in market cap, as EU regulators moved to classify AWS under tough Digital Markets Act gatekeeper rules.
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.