Adobe Systems is a leading software company known for its innovative creative and digital marketing solutions
The company specializes in products that empower individuals and businesses to produce high-quality digital content, including graphic design, video editing, web development, and document management. Its flagship offerings, such as Adobe Photoshop, Illustrator, and Adobe Acrobat, are widely used by professionals across various industries. Additionally, Adobe provides cloud-based services that enhance collaboration and streamline workflows, helping users create, manage, and optimize their digital assets effectively. Through continuous innovation, Adobe remains at the forefront of the digital experience economy, serving customers ranging from freelancers to large enterprises.
S&P 500 falls 10% from all-time high due to trade tensions and Trump's tariff threats. Only 37% of stocks above moving average, inflation data positive.
Stay informed about the performance of the S&P500 index in the middle of the day on Thursday. Uncover the top gainers and losers in today's session for valuable insights.
Bears regained control on Wall Street, with major indices wiping out Wednesday's gains and retesting recent lows as investor concerns over tariffs continue to weigh on sentiment.
Shares of creative software maker Adobe (NASDAQADBE)
fell 13.2% in the morning session after the company reported underwhelming fourth-quarter (fiscal Q1 2025) results, as remaining performance obligations (RPO - leading growth indicator) fell short of analysts' estimates. That, plus the fact that full-year (fiscal 2025) revenue and EPS guidance were just in line with estimates, signaled a lack of near-term momentum. Wall Street likes to see companies beat and raise, and this wasn't impressive.
Adding to the weakness, growth trudged along in the quarter rather than accelerate. Overall, this quarter was mixed. The stock's reaction suggested markets were expecting more.
Wondering which stocks are making significant price gaps? Explore the S&P500 index on Thursday to find the gap up and gap down stocks in today's session.
Let's have a look at what is happening on the US markets before the opening bell on Thursday. Below you can find the top S&P500 gainers and losers in today's pre-market session.
Adobe Inc (NASDAQADBE) shares are trading lower Thursday after the company reported first-quarter results and issues soft guidance. Multiple analysts also cut price targets following the print.
CEO Shantanu Narayen said Adobe is well-positioned to capitalize on the acceleration of the creative economy driven by AI, but retailers on Stocktwits see it as an expense AI play.
The S&P 500 and Nasdaq rose on Wednesday. The rally was fueled by a cooler-than-expected inflation report, which bolstered expectations for monetary easing.
