Adobe (ADBE) PT Raised to $660 at Bernstein SocGen Group
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- S&P 500, Nasdaq futures tick up as tech steadies, Micron earnings eyed
- Brent extends losses on expectations of smoother crude flows via Hormuz
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
Adobe Reports Record Revenue in Q2 Fiscal 2024
June 13, 2024 4:05 PM EDTCompany raises annual targets for Digital Media net new ARR, Digital Experience subscription revenue and EPS
SAN JOSE, Calif.--(BUSINESS WIRE)-- Adobe (Nasdaq: ADBE) today reported financial results for its second quarter fiscal year 2024 ended May 31, 2024.
Adobe achieved record revenue of $5.31 billion driven by strong growth across Creative Cloud, Document Cloud and Experience Cloud, said Shantanu Narayen, chair and CEO, Adobe. Our highly differentiated approach to AI and innovative product delivery are attracting an expanding universe of customers and providing more value to existing users.
Adobe delivered outstanding Q2... More

