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Adobe's 2025 sales and earnings guidance fell short of expectations as the company focuses on expanding its generative AI technology before monetization, leading to a stock decline. Oracle also reported mixed results, with a 10% EPS gain and 9% sales increase, but missed high expectations. Meanwhile, Tesla reached a record high amid optimism about self-driving technology, and Alphabet's stock surged following the announcement of a breakthrough quantum computing chip and new AI tools.
REV Group, Inc.
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
mixed earnings reports impact stocks as adobe and oracle fall short
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18:16 13.12.2024
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