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US Stocks Mixed; Adobe Posts Upbeat Q3 Results - Allied Gaming (NASDAQ:AGAE), Adobe (NASDAQ:ADBE)
AdobeAdobe(US:ADBE) Benzingaยท2025-09-12 14:01

Market Overview - U.S. stocks showed mixed performance with the Dow Jones index falling over 50 points, down 0.16% to 46,033.20, while NASDAQ rose 0.08% to 22,061.27 and S&P 500 dropped 0.03% to 6,585.59 [1] - European shares were also mixed, with the eurozone's STOXX 600 rising 0.2% and Spain's IBEX 35 Index falling 0.4% [4] - Asian markets closed mostly higher, with Japan's Nikkei 225 gaining 0.89% and Hong Kong's Hang Seng rising 1.16% [5] Company Performance - Adobe Inc. reported better-than-expected third-quarter results with earnings of $5.31 per share, surpassing the analyst estimate of $5.18, and quarterly revenue of $5.99 billion, exceeding the Street estimate of $5.91 billion [2] - Allied Gaming & Entertainment Inc. shares surged 106% to $1.8792 following the announcement of an initial investment in Bitcoin and Ethereum [7] - GlucoTrack, Inc. shares increased by 81% to $8.83 after entering a purchase agreement with Sixth Borough Capital for up to $20 million of stock [7] - Office Properties Income Trust shares rose 76% to $0.5440 [7] Stock Movements - Next Technology Holding Inc. shares dropped 55% to $0.1612 after announcing a 200-for-1 reverse stock split [7] - XTI Aerospace, Inc. shares fell 29% to $1.4315 following the pricing of a $20 million public offering of 12.5 million shares and warrants at $1.60 [7] - Kindly MD, Inc. shares decreased by 25% to $2.9494 [7] Commodities - Oil prices increased by 1.6% to $63.37, while gold rose 0.4% to $3,689.00 [3]