U.S. stocks traded lower midway through trading, with the Dow Jones index falling by 0.2% on Thursday.
Adobe stock fell Thursday as investors reacted to the company's disappointing 2025 guidance and slow monetization of AI. The post Adobe Investors Impatient For AI Monetization appeared first on Investor's Business Daily.
Adobe (ADBE -12.72%) stock tumbled 12.4% through 10:30 a.m. ET Thursday despite beating earnings in its fiscal Q4 2024 report last night.
In today's video, I will cover Adobe's (ADBE -12.32%) fourth-quarter results and explain why the stock is dropping. Watch the short video to learn more, consider subscribing, and click the special offer link below.
Shares of Adobe Inc ADBE tanked in early trading on Thursday, despite the company reporting upbeat fiscal fourth-quarter results.
Shares of Adobe Inc (NASDAQ:ADBE) are down 12.8% at $479.45 at last glance, after the software name's disappointing full-year and fiscal first-quarter forecasts, despite better-than-expected fiscal fourth-quarter earnings and revenue.
Shares of Adobe dropped by more than 12% on Thursday, putting the Photoshop maker's stock on pace for its worst loss in nearly nine months after lowering its revenue forecast for the current fiscal year, despite reporting record revenue and earnings that beat out Wall Street's expectations.
Adobe's management team is bullish on the AI opportunity in creative services, but Wall Street is growing impatient on the revenue runway
ADBE's fourth-quarter fiscal 2024 results reflect strong adoption of Digital Media and Digital Experience.
Adobe (ADBE) shares fell sharply in premarket trading on Thursday after the multimedia software provider issued a revenue outlook that fell short of Wall Street expectations.
U.S. stock futures were lower this morning, with the Nasdaq futures falling around 50 points on Thursday.
Shares of Adobe fell nearly 10% in premarket trading on Thursday after the Photoshop maker's downbeat full-year revenue forecast led to concerns that returns from AI investments into its software applications might take longer than expected.