[ad_1] Traders work on the floor of the New York Stock Exchange during morning trading on February 29, 2024 in New York City. Michael M. Santiago | Getty Images The S&P 500 fell on Friday and was on track to end the week lower, with technology stocks under pressure as …
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Adobe shares slip 10% on soft sales forecast
[ad_1] Adobe CEO Shantanu Narayen speaks during an interview with CNBC on the floor of the New York Stock Exchange on Feb. 20, 2024. Brendan Mcdermid | Reuters Adobe shares tumbled as much as 11% in extended trading Thursday after the design software maker issued strong fiscal first-quarter results but …
Read More »Cramer’s week ahead: Focus on the Federal Reserve’s meeting
[ad_1] CNBC’s Jim Cramer on Friday guided investors through next week’s notable Wall Street action, telling them to pay attention to the Federal Reserve’s policy meeting that kicks off Wednesday. Cramer said Wall Street “dodged a bullet” today when the government released November’s nonfarm payroll report, which showed a lower …
Read More »UK regulators say Adobe’s $20 billion Figma acquisition could harm competition
[ad_1] David Wadhwani, senior vice president of digital media for Adobe, speaks during the launch of Adobe Creative Cloud and CS6 in San Francisco, April 23, 2012. David Paul Morris | Bloomberg | Getty Images Britain’s top competition watchdog said Tuesday that Adobe‘s proposed $20 billion acquisition of Figma could …
Read More »Thanksgiving Day online sales jump as discounts motivate holiday shoppers
[ad_1] Anastasiia Krivenok | Moment | Getty Images Online spending on Thanksgiving Day jumped 5.5% compared to a year ago, according to Adobe Analytics, a reflection of holiday shoppers who are buying more of their gifts online and responding to discounts. E-commerce sales totaled $5.6 billion on the holiday. That’s …
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