Stock market today: Dow, S&P 500, Nasdaq edge lower with rate cuts front of mind [Yahoo! Finance Canada]
Adobe Inc. (ADBE)
Last adobe inc. earnings: 3/12 04:05 pm
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adobe.com/investor-relations.html
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Source: Yahoo! Finance Canada
US stocks pulled back on Thursday as fresh inflation data cast doubt on investor confidence that the Federal Reserve will cut interest rates next week. The Dow Jones Industrial Average ( ^DJI ) edged down 0.1%, while the S&P 500 ( ^GSPC ) slipped roughly 0.2%. The tech-heavy Nasdaq Composite ( ^IXIC ) fell 0.5% to lead the way lower. A downbeat revenue forecast from Adobe ( ADBE ) helped dampen the mood, revealing the Photoshop maker's struggle for a payoff from its AI investments. Shares in the software maker sank about 12% in early trading. Investors received another piece of the inflation puzzle — an update on wholesale prices — after the latest consumer inflation data invigorated stocks on Wednesday , lifting the Nasdaq Composite ( ^IXIC ) above 20,000 for the first time. The in-line consumer price index reading cleared one of the last remaining risks to easing by the Fed in December. That boosted bets on a quarter-point rate cut in December to a near 99% chance, per the
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ADBE
News
- AI ‘Roadkill' Fears Haunt Traders Two Years After ChatGPT Debut [Yahoo! Finance Canada]Yahoo! Finance Canada
- https://seekingalpha.com/article/4745890-adobe-stock-firecracker-long-fuse-hold-now-buy-later [Seeking Alpha]Seeking Alpha
- AI ‘Roadkill' Fears Haunt Traders Two Years After ChatGPT Debut [Yahoo! Finance Canada]Yahoo! Finance Canada
- AI ‘Roadkill' Fears Haunt Traders Two Years After ChatGPT Debut [Yahoo! Finance]Yahoo! Finance
- INVESTIGATION ALERT (NASDAQ: ADBE): DiCello Levitt LLP Is Investigating Investor Claims Against Adobe, Inc. and Encourages ADBE Investors with Losses to Contact the FirmGlobeNewswire
ADBE
Earnings
- 12/11/24 - Beat
ADBE
Sec Filings
- 12/17/24 - Form 4
- 12/17/24 - Form 4
- 12/11/24 - Form 8-K
- ADBE's page on the SEC website