Previous close | 0.1000 |
Open | 0.1000 |
Bid | 0.0000 |
Ask | 0.1000 |
Strike | 280.00 |
Expiry date | 2024-09-20 |
Day's range | 0.1000 - 0.1000 |
Contract range | N/A |
Volume | |
Open interest | 44 |
Adobe (ADBE) shares fell by over 8% on Friday after reporting fourth-quarter guidance that disappointed Wall Street. The creative software developer topped earnings estimates, posting $5.41 billion in revenue ($5.37 billion expected) and adjusted earnings of $4.65 per share ($4.53 expected). Market Domination co-hosts Julie Hyman and Josh Lipton report on analyst calls on Adobe stock as the company attempts to find its footing in AI monetization. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.
33,000 Boeing (BA) factory workers decided to go on strike last night after unions voted to reject the aircraft manufacturer's proposed labor contract. As Adobe (ADBE) shares fall in pre-market trading on weaker-than-expected fourth quarter guidance, Oracle (ORCL) is on the rise, presenting a mixed picture in the overall AI landscape. Lastly, US stock futures (ES=F, NQ=F, YM=F) swing higher as the equity market hopes to offset the volatility seen at the beginning of September. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
The Q3 earnings season will take the spotlight when the big banks start reporting their quarterly results from October 11th onwards. How are expectations stacking up?