News

The company now expects full-year revenue of between $26.5 billion and $26.6 billion, and said its finance chief was stepping down.

Adobe Inc (NASDAQ:ADBE) reported second-quarter revenue of $6.62 billion, topping analyst expectations of $6.45 billion, but investors were rattled by news of another C-suite departure. Adobe disclosed that CFO Dan Durn will depart on June 15. Steve Day has been named interim CFO. The CFO...

Adobe easily beat Wall Street's targets for its fiscal second quarter and with its guidance. But Adobe stock fell in extended trading.

Marvell Technology on Thursday named Adobe's Dan Durn as chief financial ‌officer, succeeding Willem Meintjes, who is stepping ‌down after more than three years in the role. Durn ​will take charge at Marvell starting June 15, while Meintjes will remain with the semiconductor company in an advisory role through April 2027 to ‌support the transition. The ⁠appointment comes as Marvell looks to benefit from a surge in spending on ⁠AI-related data center infrastructure, which has boosted demand for advanced networking and custom chip technologies.

Creative software giant Adobe (NASDAQ:ADBE) announced better-than-expected revenue in Q2 CY2026, with sales up 12.7% year on year to $6.62 billion. Guidance for next quarter’s revenue was optimistic at $6.70 billion at the midpoint, 3% above analysts’ estimates. Its non-GAAP profit of $5.96 per share was 2.5% above analysts’ consensus estimates.

Adobe raised its ‌annual revenue forecast ‌on Thursday, signaling increased ​adoption of its AI tools and higher subscription ‌spending as ⁠the Photoshop maker looks to ⁠get ahead in the highly ​competitive ​software ​design industry. The ‌company expects revenue of between $26.5 billion and $26.6 billion, compared with its earlier ‌forecast of ​between $25.9 billion ​and $26.1 ​billion. The company ‌also announced the ​departure ​of its CFO Dan Durn.

Adobe Falls Sharply as Market Doubts AI Growth Story

(Updates with latest market prices and developments.) US benchmark equity indexes were higher int

Adobe earnings are on deck, but ongoing concerns about artificial intelligence’s impact on the business might continue to overshadow any positive financial results from the enterprise software company. Adobe is scheduled to report fiscal second-quarter financials after the stock market closes on Thursday. During this earnings season, Wall Street has had little patience for tech companies that report results that are just in line with analyst estimates after stocks and valuations have soared.

Shares of Adobe (NASDAQ:ADBE) are down 5% in Thursday midday trading, slipping to roughly $222.60 and pressing against a 52-week low of $220.17. The latest leg lower extends a brutal stretch for the creative-software giant. Year to date, Adobe stock is down 37%. The trailing-12-month P/E ratio sits near 13x, an unusually compressed multiple for ... Adobe Is Now Down 37% in 2026. Should Value-Trapped Investors Switch to Alphabet?

Guinness Global Innovators, an investment management company, recently released its Q1 2026 quarterly investor update for its “Guinness Global Innovators Fund”. A copy of the letter is available to download here. The Guinness Global Innovators Fund focuses on investing in global companies that benefit from innovation in technology, communication, globalization, and management strategies. In Q1 […]

Stock Market Today: The Dow Jones index slashed its gains after Trump's new threats on Iran. Oracle stock plunged on earnings.

The company's backlog of future business is staggering, but the market is focused on the equally staggering cost of building it all.

The United Arab Emirates (UAE) social commerce market is set to experience significant growth, forecasted to expand by 11.1% annually and reach $15.41 billion by 2026. This growth is driven by a robust creator economy, evolving regulatory frameworks, and a shift towards creator-owned brands and regulated social selling. The UAE's investment in the creator economy and initiatives like the Advertiser Permit are fostering a more professional social commerce environment, encouraging creators to...

News of the day for June 11, 2026

US equity markets were tracking in the green before the opening bell Thursday as traders assess esca

Wall Street futures pointed higher pre-bell Thursday as traders waded back into tech shares, and shr

↘️ Oracle (ORCL): Shares slid premarket after the software and cloud-computing company reported larger-than-forecast capital expenditures related to its data-center buildout. ↗️ Super Micro Computer (SMCI): Shares rebounded premarket, following a 28% drop Wednesday.

Wall Street remains divided on the ADBE’s near-term outlook, with the majority of the analysts rating the stock ‘Hold.’

Stocktwits data showed retail traders have turned cautious, with sentiment dipping to ‘bearish’ on SPY and ‘neutral’ on QQQ.

Investors are counting down to the end of the week when Elon Musk’s SpaceX is expected to start trading in what could be the largest IPO on record. Some analysts have blamed recent volatility to investor repositioning ahead of the first trades.

Asking for a Trend Host Josh Lipton breaks down what investors should be on the lookout for on Thursday, June 11. On the earnings front, Adobe (ADBE) and Lennar (LEN) are set to report, while key economic releases include the Producer Price Index (PPI) and weekly initial jobless claims.

Adobe Earnings Loom as Analysts Debate AI Growth Potential

While the market frets about lagging indicators, a powerful link between AI usage and customer spending is quietly taking shape.

Adobe (NASDAQ: ADBE) is set to report its earnings on Thursday, June 11, 2026. Heading into the results, the stock has experienced notable pressure, dropping roughly 8% over the past five days as investors heavily scrutinize the company's ability to successfully monetize its generative AI tools.

Adobe's latest earnings report is set to be released Thursday afternoon, with traders expect a sizable swing from the software stock following the results.

Adobe Inc. (NASDAQ:ADBE) was among the stocks Jim Cramer discussed on Mad Money, along with the recent sell-off in the market. Cramer highlighted the company’s competition, as he remarked: Thursday, two battered companies report: Adobe and Lennar. Adobe’s part of the software as a service cohort, and that’s a shrinking cohort. More importantly, there are […]

Investors are counting down to the end of the week when Elon Musk’s SpaceX is expected to start trading in what could be the largest IPO on record. Also, investors are looking ahead to Wednesday's inflation data and Oracle results after the bell.

Creative software giant Adobe (NASDAQ:ADBE) will be reporting earnings this Thursday after market close. Here’s what you need to know.

The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed down -0.26%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.17%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.12%. June E-mini S&P futures (ESM26 ) fell -0.36%, and June E-mini Nasdaq futures...