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Will AI Demand Make Adobe (ADBE) Stock the Next Nvidia?

Will AI Demand Make Adobe (ADBE) Stock the Next Nvidia?
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Shantanu-narayen , Dan-durn , David-wadhwani , Digital-media , Digital-experience , Price-action ,

Midland Wealth Advisors LLC Takes $1.19 Million Position in Adobe Inc. (NASDAQ:ADBE)

Midland Wealth Advisors LLC purchased a new stake in shares of Adobe Inc. (NASDAQ:ADBE – Free Report) in the fourth quarter, according to its most recent 13F filing with the SEC. The fund purchased 1,997 shares of the software company’s stock, valued at approximately $1,191,000. A number of other hedge funds have also recently made […] ....

Hong-kong , Stifel-nicolaus , Marks-garfield , Securities-exchange-commission , Midland-wealth-advisors , Jpmorgan-chase-co , Adobe-company-profile , Hong-kong-ltd , Adobe-inc , Barclays , Pathstone-holdings , Nasdaq

Adobe (NASDAQ:ADBE) Releases Q3 Earnings Guidance

Adobe (NASDAQ:ADBE – Get Free Report) issued an update on its third quarter earnings guidance on Thursday morning. The company provided earnings per share guidance of $4.50-4.55 for the period, compared to the consensus earnings per share estimate of $4.47. The company issued revenue guidance of $5.33-5.38 billion, compared to the consensus revenue estimate of […] ....

Canada , Marks-garfield , Robertw-baird , Nasdaq , Keycorp , Securities-exchange-commission , Royal-bank , Adobe-inc , Get-free-report , Moderate-buy , Exchange-commission

Adobe (NASDAQ:ADBE) Issues FY24 Earnings Guidance

Adobe (NASDAQ:ADBE – Get Free Report) issued an update on its FY24 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $18.00-18.20 for the period, compared to the consensus estimate of $18.00. The company issued revenue guidance of $21.40-21.50 billion, compared to the consensus revenue estimate of $21.47 billion. Adobe […] ....

Marks-garfield , Barclays , Adobe-inc , Securities-exchange-commission , Citigroup , Get-free-report , Moderate-buy , Anil-chakravarthy , Exchange-commission , Digital-media , Digital-experience

Adobe 2Q earnings beat expectations, shares surge afterhours

Adobe Inc (NASDAQ:ADBE) reported second-quarter earnings for 2024 that exceeded Wall Street expectations, driving its shares up by 14.7% in afterhours. ....

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