Markets today: Traders shun risk as French turmoil rattles globe [BNN Bloomberg (Canada)]
Adobe Inc. (ADBE)
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Source: BNN Bloomberg
Traders took some risk off the table, with French shares this week losing roughly US$210 billion in value — about the size of Greece's economy — after President Emmanuel Macron called a snap election. Since then, France's bonds were at the heart of the rout, with the premium investors demand to own 10-year debt over safer German peers jumping by a record this week. ECB Officials See No Cause for Alarm Over French Market Turmoil “The situation in Europe is starting to get a little dicey,” said Matt Maley at Miller Tabak + Co. “The move is still a long way from developing into another sovereign-debt crisis, but with concerns about sky-high sovereign debt levels and bloated budgets, the developments in Europe (and particularly France) are raising some concerns in the marketplace.” In the U.S., stocks also struggled to gain traction as a gauge of consumer sentiment unexpectedly sank to a seven-month low as high prices continued to take a toll on views of personal finances. Federal
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News
- Online Video Platform Market size is set to grow by USD 2.19 billion from 2024-2028, Increase in streaming services to boost the market growth, Technavio [Yahoo! Finance]Yahoo! Finance
- Here's Why Adobe Systems (ADBE) is a Strong Momentum Stock [Yahoo! Finance]Yahoo! Finance
- United States Bucket Testing Software Markets, Competition, Forecast and Opportunities, 2019-2023 & 2024-2029 [Yahoo! Finance]Yahoo! Finance
- Game Development Software Market size is set to grow by USD 62.8 million from 2024-2028, growth in demand for pc games and gaming consoles to boost the market growth, Technavio [Yahoo! Finance]Yahoo! Finance
- Here's Why Adobe Systems (ADBE) is a Strong Growth Stock [Yahoo! Finance]Yahoo! Finance
ADBE
Earnings
- 6/13/24 - Beat
ADBE
Sec Filings
- 6/20/24 - Form 4
- 6/18/24 - Form 4
- 6/18/24 - Form 4
- ADBE's page on the SEC website