ADBE Jun 2025 440.000 call
| Previous close | 132.70 |
| Open | 132.70 |
| Bid | 169.60 |
| Ask | 175.10 |
| Strike | 440.00 |
| Expiry date | 2025-06-20 |
| Day's range | 132.70 - 132.70 |
| Contract range | N/A |
| Volume | |
| Open interest | 95 |
- Yahoo Finance Video
AI spending, Microsoft layoffs: Asking for a Trend
On today's episode of Asking for a Trend, Host Josh Lipton breaks down the biggest stories and trends from the trading day. Nvidia's (NVDA) latest earnings highlighted a major issue for the AI trade; despite beating earnings expectations, investors were disappointed as they looked for significant returns on massive capital expenditures (CapEx). RBC Capital Markets Internet Analyst Brad Erickson explains that investors are in a position where they have to put "blind faith" into AI players, knowing that it will pay off in the future. He tells Yahoo Finance, "From my perspective, like we're taking a little bit more of a measured approach, saying, 'Look, $200 billion. Think about what you need to do to maintain operating margins.' Pretty simple math of, like, are we really talking about $300, $400 billion of marginal revenue every single year? Those are big numbers." Microsoft (MSFT) is cutting about 650 employees from its Xbox gaming unit, the latest move in a string of layoffs that have impacted the video game industry. Wedbush Securities Managing Director, Equity Research Michael Pachter points out that in Microsoft's case, these jobs are redundant, stemming from its acquisition of Activision Blizzard last year. As for the broader industry, he said hiring increased during the pandemic when people were at home playing video games. Now, these companies are "right-sizing," though Pachter thinks they may be cutting too many jobs. Yahoo Finance Senior Reporter Alexandra Canal breaks down the biggest takeaways from Thursday's trading session. Meanwhile, Market Domination anchor Julie Hyman reviews data from the Federal Reserve Bank of America which found home ownership affordability sentiments to have fallen to an 18-year low, equal to levels last seen in 2006. Finally, Josh Lipton covers some of the biggest after-hours movers, from Adobe (ADBE) to RH (RH). This post was written by Melanie Riehl
- Yahoo Finance Video
Adobe plunges after Q4 guidance falls short
Adobe (ADBE) reported fiscal third quarter earnings that topped Wall Street estimates on both the top and bottom lines, but shares plunged in after-hours trading on its outlook. Adobe reported adjusted earnings of $4.65 per share, topping the Bloomberg consensus estimate of $4.53. Revenue was $5.41 billion, just above the expected $5.37 billion. For Q4, Adobe sees revenue of $5.50-$5.55 billion, short of the $5.60 billion Wall Street was expecting. Interactive Brokers Chief Strategist Steve Sosnick tells Yahoo Finance that what Adobe is seeing is part of a wider market trend. "It's necessary to beat your posted EPS number, but it's no longer sufficient," he says, adding companies need to hit on all their metrics given how "aggressively" stocks like Adobe have been priced. Sosnick joins Market Domination anchors Julie Hyman and Josh Lipton in discussing the tech giant's results. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Stephanie Mikulich.
Insider MonkeyBillionaire Stanley Druckenmiller Picked Adobe Inc. (NASDAQ:ADBE) Over Other AI Stocks
We recently published a list of Billionaire Stanley Druckenmiller is Buying and Selling These 10 AI Stocks. Since Adobe Inc. (NASDAQ:ADBE) ranks 5th on the list, it deserves a deeper look. Stanley Druckenmiller is one of the few billionaires who have been bullish on the AI megatrends right from the start. But that doesn’t mean he’d buy […]
