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Adobe Shares Plunges Over 11% After Disappointing Revenue Forecast
Thursday, December 12, 2024 - 8:37am | 400Shares of Adobe Inc (NASDAQ:ADBE) experienced a significant decline in pre-market trading on Thursday, following the company’s release of a revenue forecast that fell short of expectations. The Photoshop maker saw its shares drop by 11.75% during pre-market hours on...
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Adobe Stock To Turn From Laggard To Leader, Analysts Highlight 'AI Monetization Opportunities' From MAX Creativity Conference
Tuesday, October 15, 2024 - 12:14pm | 1167Analysts see Adobe Inc (NASDAQ:ADBE) benefitting from new product announcements and a focus on GenAI value add-ons unveiled at the company’s MAX 2024 Creativity Conference this week. The Adobe Analysts: JMP Securities analyst Patrick Walravens maintained a Market Perform rating with no price...
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Photoshop Fail? British Royal Family In A Pickle As Media Outlets Spot Heavily Edited Kate Middleton Photo With Children
Monday, March 11, 2024 - 5:07am | 543The Royal Family has released a photo of Kate Middleton, the Princess of Wales, which appears to be heavily edited. The image, intended to address concerns about Middleton’s prolonged absence, has instead sparked further controversy. What Happened: The photo, released on the Prince and...
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Inside Adobe's Earnings: 3 Analysts On Stock Potential As Market Awaits Report
Wednesday, March 15, 2023 - 12:52pm | 303Shares of Photoshop and Acrobat Reader developer Adobe Inc (NASDAQ: ADBE) are trading half-a-point lower ahead of its earnings Wednesday, which are expected to be issued after the closing bell. Here’s what investors need to know. By The Numbers: Analysts expect Adobe to issue earnings of $3....
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Photoshop Goes Mobile: Top Announcements From The Adobe MAX Show
Tuesday, November 5, 2019 - 12:59pm | 1104The much-anticipated Photoshop for iPad, the Fresco drawing app for Windows and an AI-powered Photoshop camera app for smartphones are among the new products or updates rolled out by Adobe Inc (NASDAQ: ADBE) at its annual design conference. Here’s a look at the products getting attention at...
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Photoshop Expert Gives Opinions On Adobe Creative Users
Monday, October 31, 2016 - 10:21am | 305One of the best ways to gauge a company's outlook is to reach out and speak with clients. This is exactly what UBS' Brent Thill did to gain a better understanding of Adobe Systems Incorporated (NASDAQ: ADBE)'s business. Thill hosted Photoshop expert and president of the largest Photoshop user group...
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High Expectations For Adobe Earnings, Not So Much For Oracle
Sunday, March 13, 2016 - 11:10pm | 563Two software giants are expected to report their latest quarterly results this week. Wall Street analysts are looking for strong results from only one of them. A handful of other companies are expected to report earnings this week as well. Off-season quarterly reports from a couple of big tech...
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Unravelling Adobe's 3D Printing Strategy
Wednesday, November 5, 2014 - 4:06pm | 9703D printing may have penetrated mainstream consciousness, but it only recently came to Adobe Systems Incorporated (NASDAQ: ADBE). Early last year, the company announced new features integrating 3D printing into its flagship software, Adobe Photoshop. The new features enable users to convert 2D...
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Will Piracy Weigh Down Adobe Systems Incorporated?
Tuesday, September 16, 2014 - 9:33am | 666For Adobe Systems Incorporated (NASDAQ: ADBE), earnings season is here. All eyes are on the company's online subscription service, Creative Cloud, which has gained subscribers every quarter since Q2 2013. The service hasn't been foolproof, though. Hackers successfully pirated...
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Lionsgate Could Be Losing Billions To 'Hunger Games' Pirates
Thursday, August 21, 2014 - 10:48am | 790Moviegoers are hungry for The Hunger Games, but not everyone is willing to pay for a legal download. Tru Optik, a startup that provides real-time and predictive audience intelligence for the media, entertainment and advertising industries, estimates that The Hunger Games: Catching Fire has an...
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Apple And 4 Other Environmentally Responsible Companies
Friday, July 11, 2014 - 8:22am | 926Environmental responsibility is more than a buzzword for many of the world’s largest corporations. In addition to the notion of protecting the environment, companies have found that ‘going green’ can have a positive impact on the bottom line. Here are five companies that take...
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Adobe Rises 5% After Inline Q4
Thursday, December 12, 2013 - 5:32pm | 302Adobe (NASDAQ: ADBE) is up more than five percent in after hours trading after the company announced its fourth quarter results. The Photoshop maker reported a Q4 EPS of $0.32, which was inline with Wall Street's estimates. Earnings per share were down 48 percent from the year-ago period....
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Adobe Security Breach Affects 2.9 Million Users; Are Investors Aware?
Friday, October 4, 2013 - 1:25pm | 637Investors seem to be oblivious to the fact that Adobe (NASDAQ: ADBE) has encountered a massive security breach. On Thursday, the company admitted that its security team had discovered that an unspecified number of "sophisticated attacks" had occurred on Adobe's network. Through those attacks,...
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Adobe Tempts Users with Forbidden Fruit, Could Take Legal Action if You Bite
Tuesday, January 8, 2013 - 2:32pm | 605Monday's free Photoshop offer was not technically free, but it is still available to anyone capable of clicking a link. On Adobe's (NASDAQ: ADBE) forum page, the Community Administrator stated the following: "Effective December 13, Adobe disabled the activation server for CS2 products and Acrobat...
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Free Photoshop Offer Overflows Adobe's Site, Halts New Downloads
Monday, January 7, 2013 - 4:08pm | 457Adobe's (NASDAQ: ADBE) decision to give away Creative Suite 2 (which includes the CS2 version of Photoshop) has proved to be very popular with consumers from all over the world. As of this writing, the CS2 download link contains the following "Site Area Temporarily Unavailable" message: "We're...