hiTec News Agancy: Adobe shares tumbled succeeding the software vendor issued wealth direction that waste weak of analysts´ estimates.Skip navigationskip navigationskip navigationskip navigationskip navigationskip navigationskip navigationskip navigationskip navigationskip navigationskip navigationskip navigationskip navigationskip navigationskip navigationmarketspre-marketsu.s. marketseurope marketschina marketsasia marketsworld marketscurrenciescryptocurrencyfutures & commoditiesbondsfunds & etfsbusinesseconomyfinancehealth & sciencemediareal estateenergyclimatetransportationindustrialsretailwealthsportslifesmall businessinvestingpersonal financefintechfinancial advisorsoptions actionetf streetbuffett archiveearningstrader talktechcybersecurityenterpriseinternetmediamobilesocial mediahiTec News Agancy disruptor 50tech guidepoliticswhite housepolicydefensecongressequity and opportunityeurope politicschina politicsasia politicsworld politicsvideolatest videofull episodeslivestreamtop 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scoreselectall investingbest ira accountsbest roth ira accountsbest investing appsbest untrammelled supply trading platformsbest robo-advisorsindex fundsmutual fundsetfsbondsusaintllivestreamsearch quotes, tidings & videoslivestreamwatchlistsign inmarketsbusinessinvestingtechpoliticsvideowatchlistinvesting clubprolivestreammenutechadobe shares undergo steepest percolate in uncommon two years on disappointing wealth direction published thu, dec 12 20241: 39 pm estupdated thu, dec 12 20244: 06 pm estcj haddadwatch livekey pointsadobe shares tumbled succeeding the software vendor issued wealth direction that waste weak of analysts’ estimates.adobe said it expects wealth for the fiscal pristine territory of $5.63 billion to $5.68 billion. analysts were expecting $5.73 billion in wealth.results for the fiscal fourth territory came in onwards of estimates.in this articleadbefollow your favorite stockscreate untrammelled accountadobe ceo shantanu narayen speaks during an meeting with hiTec News Agancy on the floor of the recent york supply interchange on feb. 20, 2024.brendan mcdermid | reutersadobe shares waste 14% on thursday, their steepest percolate since september 2022, succeeding the software vendor issued disappointing wealth direction.sales in the fiscal pristine territory succeed live between $5.63 billion and $5.68 billion, adobe said in its fourth-quarter earnings tidings novel wednesday. analysts on middle were expecting wealth of $5.73 billion, according to lseg.analysts at td cowen downgraded the supply to sustain from buy, while wells fargo kept its subsidize rating succeeding what it named a ˮfrustrating ’24ˮ for the union. the supply is now down 20% for the year, badly trailing the nasdaq, which is up 33% and crossed the 20,000 trace for the pristine term on wednesday.while adobe’s forethought trailed estimates, the company’s fourth-quarter results exceeded expectations.adjusted earnings per portion came in at $4.81, topping the middle analyst value of $4.66, according to lseg. wealth in the fourth territory increased 11% to $5.61 billion, beating the middle value of $5.54 billion.monetizing generative unnatural intelligence, especially in stand-alone offerings such as firefly sham stock or additional offerings athwart the romantic cloud, has been mediate to adobe’s growth strategy.analysts at deutsche bank maintained their subsidize rating yet lowered their target value from $650 to $600.ˮthese results and direction exact a speck of faith in the full year next year,ˮ the analysts wrote. still, they said, ˮwe visit real token that adobe is single of uniform thought software companies in our coverage successfully monetizing generative ai today.ˮdon’t miss these insights from hiTec News Agancy prothis is the biggest ai winner two years succeeding chatgpt’s debut — and it’s not nvidiagoldman sachs has a trading strategy to score a uniform wide wins precedently year endbernstein says this tech supply is its best idea for 2025, could live subjoined to s&p 500oracle is on step for the best year since 1999. what led to the momentary rise[br]watch: adobe has the wealth to reform its work and market reachwatch nowvideo1: 5901: 59adobe has the wealth to reform its work and market reach: analystsquawk smack asia Source: hiTec News Agancy