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Adobe Stock Drops 11% Despite Earnings Beat, as Revenue Guidance Is Lower Than Wall Street Expected

4.8 (573) · $ 11.50 · In stock

Adobe Stock Drops 11% Despite Earnings Beat, as Revenue Guidance Is Lower  Than Wall Street Expected

The creativity software specialist's CEO touts the use of generative AI in delivering "groundbreaking innovation across our product portfolio."

Markets News, Feb. 16, 2024: Stocks Snap 5-Week Winning Streak

Markets News, Feb. 16, 2024: Stocks Snap 5-Week Winning Streak

Adobe Stock: Ignore The Sora FUD (NASDAQ:ADBE)

Adobe Stock: Ignore The Sora FUD (NASDAQ:ADBE)

Adobe stock drops on weak quarterly revenue guidance

Adobe stock drops on weak quarterly revenue guidance

Wall Street's Biggest Bear Ditches Call for 11% S&P Drop in 2023

Wall Street's Biggest Bear Ditches Call for 11% S&P Drop in 2023

Disney Backstage: Investors Mull Uber, CVS, Ford, Awa - Ticker Tape

Disney Backstage: Investors Mull Uber, CVS, Ford, Awa - Ticker Tape

LionTree

LionTree

Inside : Tesla reports 24% increase in revenue / Meta

Inside : Tesla reports 24% increase in revenue / Meta

Adobe Q4 earnings beats estimates, but guidance disappoints

Adobe Q4 earnings beats estimates, but guidance disappoints

Price Check: Market Starts Week at Record Highs, but  - Ticker Tape

Price Check: Market Starts Week at Record Highs, but - Ticker Tape

PayPal Stock Falls as Tepid Guidance Overshadows Q3 Earnings Beat

PayPal Stock Falls as Tepid Guidance Overshadows Q3 Earnings Beat

Is Adobe an Excellent AI Stock to Buy?

Is Adobe an Excellent AI Stock to Buy?