Top investment bank resets Adobe target as AI strategy backfires
Adobe (ADBE), the software maker behind Photoshop and Acrobat, beat earnings estimates for its May quarter and lifted its full-year guidance. However, the company told Wall Street that it would grow a bit more slowly this year, even as it reported record sales. Investors sold ADBE on the news, ...
The Source
THE STREET
Business
TD Securities flags dates SpaceX investors must watch
THE STREET·1h ago·3 min read
Business
Walmart’s spacious $135 pop-up canopy tent with room for 10 people is now just $79
THE STREET·1h ago·3 min read
Business
Chip stocks jump as Strait of Hormuz reopens
THE STREET·2h ago·3 min read
Business
Morgan Stanley drops stark warning about Warsh’s Fed
THE STREET·4h ago·3 min read
Related
On this beat
Business
TD Securities flags dates SpaceX investors must watch
THE STREET·1h ago·3 min read
Business
‘Pretty Crazy’ Token Usage Is Testing Bosses’ Bet on AI
WIRED·1h ago·3 min read
Business
Oil Prices Continue to Fall as Traders Assess U.S.-Iran Deal
TNYT·1h ago·3 min read
Business
Curiosity Is a Defining Trait of Highly Successful Leaders. Here’s How to Develop Yours in 5 Easy Steps
INC·1h ago·3 min read