[Music] That's the closing bell on Wall Street and now it's market domination overtime. We're giving you full team coverage of all the moves, get you up to speed on the action from today's trade. Yahoo Finances Jared Blickery and Enz Fay joining us here to break down the moves.Jared, we will start with you on that close. Well, thank you Josh. We have record closes for the Dow, the Nasdaq, and the S&P 500.Let's review the intraday price action after the uh pop near the opening bell. Really didn't do much exc ...

[Music] That's the closing bell on Wall Street and now it's market domination overtime. We're giving you full team coverage of all the moves, get you up to speed on the action from today's trade. Yahoo Finances Jared Blickery and Enz Fay joining us here to break down the moves.Jared, we will start with you on that close. Well, thank you Josh. We have record closes for the Dow, the Nasdaq, and the S&P 500.Let's review the intraday price action after the uh pop near the opening bell. Really didn't do much exc ...

Core Insights - Adobe reported record quarterly revenue driven by artificial intelligence, with adjusted earnings per share of $5.31 and revenue of $5.99 billion, an 11% year-over-year increase, exceeding analysts' estimates [1][2] - The company has surpassed its "AI-first" revenue goals for the year, leading to an increased full-year outlook for adjusted earnings and revenue [2] - Despite a challenging year with shares down over 20% in 2025, Wall Street remains optimistic, with a mean price target above $461, indicating a potential premium of over 30% [3] Financial Performance - Adobe's fiscal third-quarter revenue reached a record $5.99 billion, driven by strong AI performance, surpassing previous revenue targets [1] - The updated full-year guidance anticipates adjusted earnings of $20.80 to $20.85 per share and revenue of $23.65 billion to $23.7 billion, an increase from earlier estimates [2] Market Sentiment - Shares of Adobe have faced significant declines, down more than 20% in 2025, amid concerns regarding AI progress and competition [3] - Despite the stock's struggles, analysts maintain a positive outlook, with most ratings being "buy" and a mean price target suggesting substantial upside potential [3][4]

On the other side of things, shares of Adobe moving higher by 4% on the back of earnings and a revenue beat. The company also guiding slightly above estimates. It's been a rough go for Adobe for a couple years now.Hasn't participated in the AIdriven tech rally. Stocks down 20% this year coming into today's print. Now trades at its lowest valuation in more than a decade.Joining me now is Oenheimer senior analyst Brian Schwarz. Has an outperformed rating on the stock. Brian, this is very different from the cl ...

Core Viewpoint - Adobe's stock has increased by 4% following a positive earnings report and revenue beat, although the company has faced challenges in recent years, including a 20% decline in stock value this year and trading at its lowest valuation in over a decade [1]. Group 1: Financial Performance - Adobe's net new digital media annual recurring revenue (ARR) is growing at 5%, while its top line revenue is increasing by 11%, indicating a potential slowdown in future growth [8]. Group 2: Competitive Landscape - Adobe faces significant competition from emerging AI-driven companies like OpenAI and Anthropic, which are enhancing content creation speed and efficiency, thereby commoditizing pricing for content creation tools [3][4]. - The company is also challenged by lower-end competitors such as Canva and higher-end rivals like Figma, which are impacting Adobe's traditional business model that relied on higher spending for advertising campaigns [7]. Group 3: Business Model Challenges - Adobe's headcount-based pricing model is under threat due to AI's productivity gains, which are reducing the need for large teams to create content, weakening Adobe's competitive moat [5]. - The transition to AI is expected to take time, and Adobe may not see significant benefits from AI integration for several years [3][5]. Group 4: Market Position - Despite challenges, Adobe's higher-end market position remains defensible due to enterprise organizations valuing compliance, governance, and a robust partner ecosystem, which allows them to command higher prices [6].

Core Insights - Adobe's stock increased by approximately 6% following the release of its earnings report, indicating positive market reaction [1] - The company reported an adjusted EPS of $5.31, surpassing the expected EPS of $5.34 [1][3] - Revenue for the quarter was reported at $5.99 billion, exceeding the anticipated $5.91 billion [2] Financial Performance - The Q3 Annual Recurring Revenue (ARR) for Adobe's digital media business, which includes Creative Cloud subscriptions, reached $18.59 billion, slightly above the consensus estimate of $18.56 billion [2] - Guidance for Q4 EPS is projected to be between $5.35 and $5.40, compared to the expected $5.34 [3] - Q4 revenue guidance is also above estimates, ranging from $6.08 billion to $6.13 billion [3] Future Outlook - The full-year 2025 ARR guidance is set at $11.3 billion, which is slightly above the previous outlook of $11 billion [3] - A conference call is scheduled for 5 PM, where further insights from CEO Shantun Orion are anticipated [3]

Okay guys, hold tight. Adobe earnings are out and the stock is heading higher by about 6%. Haven't said that in a while.Mackenzie Sagalos with the numbers. Mac, hey John, that 6% bump up coming after a beat across the board. We've got adjusted EPS of $5.31%.518 is what the street had been looking for on revenue coming in at 5.99% billion versus 5.91% billion expected. Uh we've got a Q3 ARR for the digital uh media business. This includes its creative cloud subscriptions that came in at 18.59% billion during ...

Market Performance - U.S. equities experienced a robust rally on September 11, 2025, with all three major indices closing at record highs, driven by optimism over a potential Federal Reserve interest rate cut [1][2] - The S&P 500 rose 0.9% to approximately 6586 points, marking a 17.69% increase year-over-year [2] - The Dow Jones Industrial Average surged 1.3%, closing above 46,000 for the first time, adding over 500 points [2] - The Nasdaq Composite climbed 0.7%, achieving a new record high, influenced by mixed performances among technology stocks [2] Economic Indicators - The Consumer Price Index (CPI) report for August indicated a headline annual inflation of 2.9% and core inflation steady at 3.1%, with a monthly rise of 0.4% in headline CPI [3] - Initial jobless claims reached a near four-year high, signaling a softening labor market, which reinforced expectations for a Federal Reserve rate cut [3] - Treasury yields eased in response to the economic reports, as traders anticipated the Fed's first rate cut of the year [3] Upcoming Events - The Federal Reserve's meeting on September 17, 2025, is highly anticipated, with expectations for the first interest rate cut of the year [4] - Key economic data releases are scheduled, including the Michigan Consumer Sentiment report and Retail Sales, Industrial Production, and Housing Starts [5] Corporate News - Oracle (ORCL) shares fell 3.6% after a previous surge of nearly 36% due to excitement over AI-related contracts [6] - Tesla (TSLA) gained 6%, while Apple (AAPL) rose over 1%, and Microsoft (MSFT) and Alphabet (GOOGL) saw slight increases [7] - Warner Bros. Discovery (WBD) shares soared 29% following news of a potential takeover bid from Paramount Skydance [8] - Synopsys Inc. (SNPS) plummeted 35.8% after missing earnings estimates, while GameStop Corp. (GME) rose 3.3% after beating expectations [10] Earnings Announcements - Adobe Inc. (ADBE) is expected to report earnings with a forecasted EPS of $4.21, a 10.50% increase year-over-year [11] - Other companies reporting include RH and RF Industries, with RF Industries expected to show a significant 200% increase in EPS year-over-year [11]

Adobe Inc. (NASDAQ:ADBE) is one of the AI Stocks In The Spotlight For Investors. On September 9, Oppenheimer analyst Brian Schwartz lowered the price target on the stock to $460.00 (from $500.00) while maintaining an Outperform rating. The rating, issued as part of a fiscal Q3 earnings preview, reflects low expectations into the earnings print considering how its valuation has “a lot of bad news.” Nevertheless, Q3 report may not change investor sentiment and that Adobe is unlikely to offer any product or ...

Q3 FY2025 Financial Performance - Adobe achieved a record revenue of $5.99 billion, representing a 10% year-over-year growth[14] - GAAP earnings per share was $4.18, and non-GAAP earnings per share was $5.31, a 14% year-over-year increase[14] - Digital Media segment revenue reached $4.46 billion, up 11% year-over-year[30, 68] - Digital Experience segment revenue was $1.48 billion, a 9% year-over-year increase[49, 68] - Digital Experience subscription revenue totaled $1.37 billion, growing 11% year-over-year[49, 62] AI and Product Innovation - AI-influenced ARR surpassed $5 billion, exceeding initial targets[25, 65] - ARR from new AI-first products like Firefly and Acrobat AI Assistant exceeded the year-end target of $250 million[65] - Acrobat and Express monthly active users grew approximately 25% year-over-year[27, 72] - AEP and Apps ending ARR grew over 40% year-over-year[58, 76] Key Growth Drivers and Metrics - Acrobat AI Assistant units grew over 40% quarter-over-quarter, with engagement increasing nearly 50%[38] - Express adoption increased significantly, with a 4x increase in businesses adding Express compared to the previous year[38, 72] - Firefly App MAU grew 30% quarter-over-quarter, with 29 billion generations[48] - GenStudio components exceeded $1 billion in ARR, growing over 25% year-over-year[22, 85] FY2025 Targets - The company is targeting total revenue of $23.65 to $23.70 billion for FY25[95] - The company is targeting Digital Media segment revenue of $17.56 to $17.59 billion for FY25[95] - The company is targeting Digital Experience segment revenue of $5.84 to $5.86 billion for FY25[95]