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-4.70951699193302E-05 0.000470951699193731 0.00116796021400046 0.000715846582774462 -0.00178961645693626 -0.00294815763695286 -0.00193090196669425 -0.00517104965714717
Stock impact report

Should You Sell Adobe Inc (NASDAQ:ADBE) After Latest Earnings? [Yahoo! Finance]

Adobe Inc. (ADBE) 
Last adobe inc. earnings: 3/12 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: adobe.com/investor-relations.html
Company Research Source: Yahoo! Finance
Tom Lee, Fundstrat Global Advisors co-founder, said while talking to CNBC in a latest program that the next few weeks until the US election would be “confusing” for many since no one could say anything with conviction about who is going to be in the White House. Lee said that the market is going to trade “well” into the upcoming Fed meeting where he expects “some” rate cuts amid the labor market needing support and positive inflation data. Asked whether he expects a 25bps rate cut or a 50bps cut, Lee said: “ A 25 or 50 can have both hawkish or dovish implications so I think it's ultimately whether Fed Chair Powell comes across as this is the start of a cycle they are confident that we are moving back towards neutral and whatever number they make is quite dovish and positive but if it seems like that it's dragging along the FOMC members and then there is even concerns about hard landing then I think the market can view anything they do as negative,” Lee said. However, Lee said h Show less Read more
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