2024 Q1 Earnings Loom: What Can Investors Expect?

The market’s reaction to quarterly results from Adobe (ADBE) and Oracle (ORCL) can be seen as an early sign of what to expect as other companies come out with their March-quarter reporting cycle.Investors loved the Oracle report, seeing the results and guidance reflective of an improving demand environment. Market participants had the opposite reaction to the Adobe report as they saw the company’s underwhelming guidance and fresh buyback authorization as reflective of a disadvantageous standing in the artif ...