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Adobe Inc - ADBE STOCK NEWS

Welcome to our dedicated news page for Adobe (Ticker: ADBE), a resource for investors and traders seeking the latest updates and insights on Adobe.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Adobe's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Adobe's position in the market.

Rhea-AI Summary
Accenture (ACN) and Adobe (ADBE) collaborate to develop industry-specific solutions using Adobe Firefly generative AI models to enhance content creation and supply chains.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.09%
Tags
AI
-
Rhea-AI Summary
Adobe (ADBE) announces a $25 billion stock repurchase authorization to return value to shareholders, reduce share count, and drive growth. The company plans to repurchase shares in the open market and through structured agreements with third parties. Adobe also schedules a conference call for its first quarter fiscal year 2024 earnings and an Investor Meeting at Adobe Summit 2024 to discuss long-term market opportunities and innovation roadmap.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-13.67%
Tags
buyback
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Rhea-AI Summary
Adobe reports strong financial results for Q1 fiscal year 2024, with record revenue and RPO growth. The company achieved $5.18 billion in revenue, 11% YoY growth, and announced a $25 billion share repurchase program. Digital Media segment revenue was $3.82 billion, and Digital Experience segment revenue was $1.29 billion. Adobe provided second quarter targets with revenue expected to be $5.25-$5.30 billion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-13.67%
Tags
Rhea-AI Summary
Adobe (ADBE) launches Adobe Express mobile app in beta for Android and iOS, featuring groundbreaking Adobe Firefly generative AI and new mobile editing capabilities. The app revolutionizes content creation with Text to Image, Generative Fill, Text Effects, and video editing features. Creative Cloud subscribers can access Photoshop and Illustrator designs on-the-go. Adobe Express promotes responsible AI with Content Credentials for transparency and trust.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.38%
Tags
AI
-
Rhea-AI Summary
Adobe (ADBE) will release its Q1 fiscal year 2024 results on Mar. 14, 2024, followed by an Investor Meeting on Mar. 26, 2024, discussing market opportunity, strategy, and innovation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.52%
Tags
-
Rhea-AI Summary
Adobe introduces AI Assistant in beta, leveraging generative AI to enhance document intelligence in Reader and Acrobat. The AI-powered conversational engine generates summaries, insights, and formats information from PDFs, promising more intelligent document experiences for users.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.87%
Tags
AI
Rhea-AI Summary
Adobe (ADBE) and Figma terminate merger agreement due to regulatory approval challenges, despite shared vision for creativity and productivity. Adobe to pay termination fee to Figma.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.47%
Tags
-
Rhea-AI Summary
Adobe (Nasdaq:ADBE) achieved a record $5.05 billion revenue in Q4 2023, with a remarkable $19.41 billion in FY23. Their RPO exiting the quarter was over $17 billion, and they reported 17% year-over-year EPS growth. The Digital Media segment revenue grew to $3.72 billion, with Digital Experience segment revenue at $1.27 billion. Adobe is providing fiscal year 2024 targets, including a total revenue of $21.30 billion to $21.50 billion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.35%
Tags
-
Rhea-AI Summary
Adobe (ADBE) to release Q4 and fiscal year 2023 results on December 13, 2023. Investors' conference call scheduled at 2 p.m. Pacific Time. The call will be streamed live on the Adobe Investor Relations Site and a recording will be available afterward.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.29%
Tags
Rhea-AI Summary
Adobe appoints Cristiano Amon, president and CEO of Qualcomm, to its board of directors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.2%
Tags
management
Adobe Inc

NYSE:ADBE

ADBE Rankings

ADBE Stock Data

213.35B
446.72M
0.2%
87.68%
1.27%
Software Publishers
Information
Link
US
San Jose

About ADBE

Adobe Inc., originally called Adobe Systems Incorporated, is an American multinational computer software company incorporated in Delaware and headquartered in San Jose, California.