ADBE Forex News

Adobe Q4 Earnings Beat Market, Sees Growth Ahead; But Shares Hit

Adobe Q4 Earnings Beat Market, Sees Growth Ahead; But Shares Hit

Software major Adobe Inc. issued positive outlook for first quarter and fiscal 2025 earnings and revenues, after reporting higher fourth-quarter results above market. Meanwhile, the shares declined around 9 percent in the after-hours trading on Wednesday, and is currently down around 11 percent in the pre-market activity on the Nasdaq.
RTTNews | 12h 23min ago
Black Friday Online Sales Reach $9.12 Bln

Black Friday Online Sales Reach $9.12 Bln

Despite fears of inflation, consumers spent $9.12 billion for online shopping during Black Friday, higher than in previous years, as per a report published by Adobe Analytics. During the 2022 holiday season, total estimated revenues are $209.7 billion, a growth of 2.5 percent from last year's recorded revenues of $205 billion.
RTTNews | 745 days ago