Adobe shares surge on Q2 earnings beat and raised guidance

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Earnings Per Share Notícia

Seana Smith,Brad Smith,Software Company

Shares of Adobe (ADBE) are surging after the company topped Wall Street earnings expectations for its fiscal second quarter and raised its full-year guidance...

and raised its full-year guidance. The software giant reported revenue of $5.31 billion and adjusted earnings per share of $4.48 .Adobe surging this morning, the company is set for its biggest gain in nearly four years.Now the company posting better than expected results, raising full year guidance here we have seen as that reaction play out in real time.

And I think that really speaks to some of that excitement that we're seeing play out in the market today, Brad. I mean, this is such a no brainer for Adobe to try and figure out how they can insert prompting capacity into so much of their creative elements and the platforms that they do have and that demand that you're talking about with the A i solutions that they're seeing across all of their customer segments.

A lot of creative professionals out there that can essentially just make sure that they can leverage a prompt in the same platform that they've used for years now to say all right, generate uh, a picture of a corgi playing with dogecoin hopping into a lake and boom.US market expert warns of 'a bigger crash' than 2008 — says there's 'nowhere to hide' except in this 1 assetWith the combination of reliability and impressive long-term growth potential, this 5.

Nvidia stock forecast: After rising more than 200% in a year the chipmaker could be fabulously profitable, an AI leader—and an extremely poor investmentTwo Canadian bank stocks, one big and one small, are likely to pop following their Q2 fiscal 2024 results and the recent rate cut. The post Prediction: These 2 Canadian Bank Stocks Are Next in Line to Pop appeared first on The Motley Fool Canada.

 

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