Tag: NYSE:SMAR
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Adobe Stock Drops Following Below-Estimate Projections, Cardlytics Surges with Unexpected Profit, and More News
Adobe (NASDAQ:ADBE) – Adobe‘s shares fell approximately 11.65% in pre-market trading following a robust first fiscal report. Adobe reported an adjusted earnings per share of $4.48 on revenue of $5.18 billion, compared to LSEG consensus estimates of earnings of $4.38 per share and revenue of $5.14 billion. Net income was $620 million. Adobe projected earnings…
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U.S. Stock Futures Rise Ahead Of PPI and Retail Sales; Oil Prices Climb
U.S. index futures are rising in Thursday’s pre-market, with investors awaiting producer inflation data and retail sales, which impact U.S. interest rate projections for the year. At 06:39 AM, Dow Jones futures (DOWI:DJI) rose 108 points, or 0.27%. S&P 500 futures advanced 0.32%, and Nasdaq-100 futures gained 0.46%. The yield on 10-year Treasury notes was…
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Friday’s Wall Street Highlights: Apple, Goldman Sachs, Morgan Stanley, DocuSign, and more
US index futures are lower in premarket trading on Friday reflecting a heightened risk aversion scenario. By 6:50 AM, Dow Jones futures (DOWI:DJI) were down 45 points, or 0.13%. S&P 500 futures were down 0.14% and Nasdaq-100 futures were down 0.16%. The 10-year Treasury yield was at 4.246%. In the economic agenda for Friday, investors await, at…