{
Dan Durn

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mixed earnings reports impact stocks as adobe and oracle fall short

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.
Investor's Business Daily
Amazon.com, Inc. C3.ai, Inc. REV Group, Inc. Meta Platforms, Inc. Ollie's Bargain Outlet Holdings, Inc. Tesla, Inc. COSTCO WHOLESALE Oracle Corp Broadcom Inc. Ciena Corp Adobe Inc. AppLovin Corp. Casey's General Stores, Inc. United Natural Foods, Inc. Palantir Technologies Inc. GENERAL MOTORS Alphabet Inc. MongoDB, Inc. Larry Ellison Dan Durn Show more
Finance & Economy, Market Report
18:16 13.12.2024
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