Adobe shares slump as weak earnings forecast sparks fears of delayed AI gains

Adobe shares dropped nearly 10% after the company released a disappointing earnings forecast the Photoshop maker projected 4th quarter revenue between $5.50 billion and $5.55 billion falling short of analyst expectations of $ 5.61 billion this has raised concerns about delayed returns from its AI Investments Adobe has been investing heavily in artificial intelligence for image and video generation to Main maintain its leadership in the design software industry however it faces stiff competition from startups like stability Ai and mid Journey which are well funded and rapidly advancing in the AI space if current losses persist Adobe could lose over 25 billion dollars in market value despite this JP Morgan analysts noted Adobe remains on track to deliver Creative Cloud nrr year-on-year growth in Q4 this suggests that adobe subscription signups are still robust despite the weak forecast adobe's shares have fallen nearly 2% this year after a 77% rise in 20 the company had anticipated strong growth in the latter half of the year but the current forecast indicates ongoing Market pressures Bernstein analysts believe a clear catalyst is needed to boost investor confidence thanks for watching don't forget to like And subscribe market news short and sweet

Share your thoughts

Related Transcripts

Oracle Stock Jumps 9% in After-Hour Trading As AI Powers Growth, Tech Giant Partners Up With Amazon thumbnail
Oracle Stock Jumps 9% in After-Hour Trading As AI Powers Growth, Tech Giant Partners Up With Amazon

Category: People & Blogs

Oracle's stock surged after reporting fiscal first quarter earnings that surpassed expectations the tech giant earned an adjusted $139 per share on sales of $1 13.3 billion beating analysts projections of $133 cents per share on $13.2 billion in sales this marks a significant improvement from last year's... Read more

GameStop stock sinks 12% after disappointing earnings, filing for 20 million share offering thumbnail
GameStop stock sinks 12% after disappointing earnings, filing for 20 million share offering

Category: People & Blogs

Gamestop corp shares fell more than 12% in after hours trading tuesday after the video game retailer surprised investors with a quarterly profit but sales dropped more than 30% gamestop reported a significant drop in revenue with figures falling to $798 3 million for the quarter ending august 3rd compared... Read more

Tesla Stock : Resistance prevailed? thumbnail
Tesla Stock : Resistance prevailed?

Category: Education

Market overview: a tough day okay this was a tough day today on the stock market as a whole let's take a understanding the vix and market movements look at the vix vix is up 5.17 when the vix is going up the stock market goes down uh we had a big peak not too long ago in august we had a big peak in... Read more

Nicole Shanahan's Biggest Mistake #shorts thumbnail
Nicole Shanahan's Biggest Mistake #shorts

Category: News & Politics

I really wanted a fair shot at this election and i believed in the america that i a little girl pledged an allegiance to and that is not that is not where we are today and it's not because of the republican party taking us out it is exclusively because of the democratic party taking us out and i am... Read more

Adobe, Oracle paint mixed AI picture for investors thumbnail
Adobe, Oracle paint mixed AI picture for investors

Category: News & Politics

Let's turn to the software space adobe disappointing the street yesterday after the close with a fiscal fourth quarter forecast that fell short of the street's expectations the outlook fueling some fears that the software company's ai investments aren't paying off as quickly as investors would like... Read more

Adobe is 'much further along' in AI race than others: Analyst thumbnail
Adobe is 'much further along' in AI race than others: Analyst

Category: News & Politics

Adobe sales guidance for its fiscal fourth quarter falling short of the streets estimates and that's overshadowing the company's top and bottom line beats in its latest quarter you're now looking at losses of just about 10% that disappointing outlook bolstering some anxiety on wall street the software... Read more

Adobe is 'much further along' in AI race than others: Analyst thumbnail
Adobe is 'much further along' in AI race than others: Analyst

Category: News & Politics

Adobe sales guidance for its fiscal fourth quarter falling short of the streets estimates and that's overshadowing the company's top and bottom line beats in its latest quarter now looking at losses of just about 10% that disappointing outlook bolstering some anxiety on wall street the software companies... Read more

Nvidia CFO expects 'several billion dollars in Blackwell revenue' in Q4 #shorts thumbnail
Nvidia CFO expects 'several billion dollars in Blackwell revenue' in Q4 #shorts

Category: News & Politics

We executed a change to the blackwell gpu mass to improve production yields blackwell production ramp is scheduled to begin in the fourth quarter and continue into fiscal year 26 in q4 we expect to dip several billion dollars in blackwall revenue Read more

S&P 500 Enters Power Trend; Broadcom, Comfort Systems, NextEra Energy In Focus | Stock Market Today thumbnail
S&P 500 Enters Power Trend; Broadcom, Comfort Systems, NextEra Energy In Focus | Stock Market Today

Category: News & Politics

[music] [music] good afternoon everyone and welcome to stock market today it's ali corm ed carson with a breakdown of the action in today's session friday august 30th the last day of the month and ed you are not mike webster but you are a great friday co-host and i'm so glad gl to see you it's great... Read more

Jobs Data Today! Dollar General DROPs, CRM Pops #stocks #investing #money #nasdaqtips #salesforce thumbnail
Jobs Data Today! Dollar General DROPs, CRM Pops #stocks #investing #money #nasdaqtips #salesforce

Category: Entertainment

Good morning wall street winners it is august the 29th thursday morning and it is um 5 minutes before 8:00 in the morning so we've got an hour and a half hour and 35 minutes to trading if we take a look at what's going on in the markets obviously nvidia came out yesterday after market close and released... Read more

GOLDMAN SACHS JUST DROPPED A BOMBSHELL FOR THE MARKET! thumbnail
GOLDMAN SACHS JUST DROPPED A BOMBSHELL FOR THE MARKET!

Category: Education

What's going on guys welcome back to another video we had an absolutely crazy day in the markets today we had cpi data this morning the rate cut expectations are flying around we had really interesting comments from the ceo of goldman sachs we have something very interesting happening with these rate... Read more

Warren Buffett Is Selling Apple Stock thumbnail
Warren Buffett Is Selling Apple Stock

Category: Education

Warren buffett the greatest investor of all time just sold half of berkshire hathway's apple stock this massive reduction was revealed at the release of their second quarter earnings the value of burger's current apple holding was marked at 84.2 billion last quarter they owned 5.1% of apple which would... Read more