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Adobe Continues Its Upward March With A New Record
Wednesday, September 16, 2020 - 10:51am | 838After the markets closed on Tuesday, Adobe Inc (NASDAQ: ADBE) posted even better than expected financial results for its third quarter of the 2020 fiscal year that ended on August 28th, 2020. Adobe delivered the best Q3 in its history in a beyond-challenging macroeconomic environment as global...
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Barron's Picks And Pans: Biden, ESG And Reopening Picks
Sunday, June 28, 2020 - 2:08pm | 820This weekend's Barron's cover story profiles the 25 top chief executive officers of 2020. Other featured articles look at the most sustainable companies; winners and losers as COVID cases spike; and Joe Biden picks. Also, the prospects for a semiconductor leader, a computer...
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Crazy Night: 'Buy The Dip' Mentality Evident As Market Storms Back From Overnight Spook
Tuesday, June 23, 2020 - 10:25am | 2346Key Takeaways: Wild overnight session as administration spooks market with China trade comments. Two elements continue fighting it out in the market to stay at home vs. optimism trade. New home sales, PMI data both due this morning, but earnings calendar light. (Tuesday Market Open) The overnight...
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Tuesday's Market Minute: Apple Doubles Down On Services
Tuesday, June 23, 2020 - 10:00am | 258Apple Inc (NASDAQ: AAPL) introduced its iOS 14 yesterday and unveiled several features that Apple customers could look forward to—and possibly convert some new users. Analysts have been saying that Apple is transitioning into a services-based company for some time now, but this is a good...
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This Week's Spotlights: Economic Data, Earnings, COVID-19 Recovery
Tuesday, June 9, 2020 - 12:34pm | 727Among key business events for the week is the Job Openings and Labor Turnover Survey for April which is down from 6.2 million in March. Additionally, stocks surged last Friday due to better-than-expected May jobs data, showing us that the economic recovery from the coronavirus lockdown is...
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Just Like With Any Champion, Steady Growth And Earnings Expected From Adobe
Monday, March 9, 2020 - 10:19am | 872Adobe Inc. (NASDAQ: ADBE) survived the market sell-off last week. And it did it relatively well. As most of the tech sector, its stock has fallen from its peak price and now it looks it has even started to rebound. But the question of how far it will go keeps popping up and is surely on...
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Adobe Did Good – And Stock Is Headed To A Record High
Friday, December 13, 2019 - 10:14am | 769Adobe Inc (NASDAQ: ADBE) just rounded out its fiscal year after the bell on Thursday showing it managed to maintain its revenue gains during its fourth quarter that ended on November 29 and posting slightly better than expected results. The software company's shares went up toward record highs...
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Black Friday Sees Record Sales, Still Less Than 11% Of China's Singles Day
Monday, December 2, 2019 - 2:30am | 420The online sales on Black Friday hit a record of $7.4 billion this year, according to the 2019 Holiday Shopping Trends report by Adobe Inc (NASDAQ: ADBE). Record Sales The sales are up 19.6% compared to last year. The Black Friday sales fell slightly short of Adobe’s estimated $7.49...
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Analyst: Buy The Adobe Dip, Despite Q3 Bookings 'Blip'
Wednesday, September 20, 2017 - 9:07am | 347Adobe Systems Incorporated (NASDAQ: ADBE) reported fiscal third quarter earnings, which may have fallen short of investor expectations based on the stock's 2.7 percent decline. Nevertheless, Adobe's earnings report includes many positive readouts that reinforces the case to owning the stock...
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Adobe Hit A New High, But Are Analysts Impressed?
Friday, June 23, 2017 - 8:39am | 786Shares of Adobe Systems Incorporated (NASDAQ: ADBE) hit a new all-time high of $147.45 Wednesday after impressing investors with its earnings report. But are Wall Street analysts equally bullish on the company? Credit Suisse: Continued Momentum Adobe reported a strong earnings report in which...
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Adobe's Q2 Earnings: Expect Creative Cloud Unit To Drive Strength
Monday, June 19, 2017 - 4:06pm | 268Analysts at Credit Suisse maintained an Outperform rating and $150 price target on Adobe Systems Incorporated (NASDAQ: ADBE) ahead of Tuesday's earnings report. Credit Suisse's Michael Nemeroff is expecting Adobe to report revenue of at least $1.731 billion, which represents a 23.8 percent...
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Success Stories With Facebook, T-Mobile And Others Keep Adobe Stock A Core Holding
Friday, March 17, 2017 - 10:05am | 454Shares of Adobe Systems Incorporated (NASDAQ: ADBE) hit a new all-time high just shy of $130 after the company's fiscal first quarter report came in better than expected. Brent Bracelin of Pacific Crest maintained an Overweight rating with a price target boosted to $142 from $122. Bracelin...
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High Earnings Expectations For Adobe, Not So Much For Oracle
Monday, December 12, 2016 - 8:18am | 527As the quarter and the calendar year wind down, things have turned quiet on the earnings front. Yet, the latest quarterly numbers from leading software companies Adobe Systems Incorporated (NASDAQ: ADBE) and Oracle Corporation (NASDAQ: ORCL) will be among the highlights this week. The consensus...
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Adobe's Acquisition Of TubeMogul Validates DSP TV Model
Thursday, November 10, 2016 - 11:15am | 354Adobe Systems Incorporated (NASDAQ: ADBE) announced Thursday it has agreed to acquire TubeMogul Inc (NASDAQ: TUBE) in a deal which values the company at $14 per share. TubeMogul provides a single platform that allows brands and agencies to plan and buy video advertising across desktop, mobile,...
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Amazon Moves Cloud Service Focus From Startups Like Lyft To Big Enterprises Like Netflix And Capital One
Thursday, July 14, 2016 - 2:26pm | 346According to the report published Wednesday, Pacific Crest analysts (after attending the summit in Santa Clara) believe Amazon.com, Inc. (NASDAQ: AMZN)'s Amazon Web Services (AWS) continues to capitalize on the multiyear secular shift to cloud platforms. "While AWS remains a key enabler within the...