Latest News View More Adobe falls as annual revenue forecast triggers concerns on delayed AI returns Shares of Adobe fell nearly 10% in premarket trading on Thursday after the Photoshop maker's downbeat full-year revenue forecast led to concerns that returns from AI investments into its software applications might take longer than expected. "While the company remains on track with its GenAI product roadmap, we think the lack of ... explicit monetization metrics has made it harder for investors to get comfortable with the progress," RBC analyst Matthew Swanson said. The San Jose, California-based company on Wednesday forecast fiscal 2025 annual revenue between $23.30 billion and $23.55 billion, compared with the average analyst estimate of $23.78 billion, according to data compiled by LSEG. Reuters • 10 minutes ago ADBE IEA Boosts 2025 Oil-Demand Forecast, Notes Soft Outlook Trump will be honored as Time's Person of the Year and ring the New York Stock Exchange bell Baidu, Geely's EV venture faces uproar after it says needs fresh funds Nvidia denies rumours it will cut supplies to China Inside Boeing’s struggle to make its best-selling plane again Futures slip after S&P 500, Nasdaq's strong close Stock Market News View More Goldman Sachs Eyes 2 Commercial Real Estate Services Stocks – Here’s Why They’re Worth Watching Commercial real estate (CRE) is more than just properties and transactions — it’s a dynamic ecosystem powered by companies that handle everything from property management to operational support. Unlike traditional real estate, CRE thrives on active oversight, creating a wealth of opportunities for businesses and investors alike. Operating within a vast and diverse market, CRE service firms manage everything from small storefronts and big-box retailers to warehouses and apartment complexes. Resea TipRanks • 34 minutes ago JLL CBRE Money market account rates today, December 12, 2024 (up to 5.00% APY) Stocks Steady as ECB to Extend Global Rate-Cut Run: Markets Wrap ReNew Energy’s investors propose Nasdaq delisting with $2.82bn offer China must innovate in semiconductor design or fall behind the global market, expert says HSBC, IFC sign US$1 billion facility to support trade financing in emerging markets Top Wall Street bull sees possibility of feverish stock rally fading in second half of 2025 Earnings View More Oxford Industries (NYSE:OXM) Reports Sales Below Analyst Estimates In Q3 Earnings Fashion conglomerate Oxford Industries (NYSE:OXM) missed Wall Street’s revenue expectations in Q3 CY2024, with sales falling 5.7% year on year to $308 million. Next quarter’s revenue guidance of $385 million underwhelmed, coming in 1.1% below analysts’ estimates. Its non-GAAP loss of $0.11 per share was significantly below analysts’ consensus estimates. StockStory • 14 hours ago OXM Macy's delayed Q3 results show sales decline as its stock drops REV Group (NYSE:REVG) Reports Sales Below Analyst Estimates In Q3 Earnings Unpacking Q3 Earnings: Distribution Solutions (NASDAQ:DSGR) In The Context Of Other Maintenance and Repair Distributors Stocks Engineering and Design Services Stocks Q3 Earnings Review: Dycom (NYSE:DY) Shines Q3 Earnings Outperformers: TreeHouse Foods (NYSE:THS) And The Rest Of The Shelf-Stable Food Stocks Q3 Earnings Outperformers: Denny's (NASDAQ:DENN) And The Rest Of The Sit-Down Dining Stocks GE Vernova is focused on sustainability with AI hyperscalers: CEO After spinning off from General Electric in April 2024, GE Vernova (GEV) announced its first dividend alongside a $6 billion share buyback program at its latest investor day. GE Vernova CEO Scott Strazik sits down with Market Domination's Julie Hyman to expand upon the energy producer's timeline for expansion across its segments. "A lot more demand will happen in the US throughout the rest of the decade, and then that install base is going to continue to run," Strazik explains. "You think about the US, and between 40 to 45% of our electricity comes from gas power today, and we're about to go into a real load cycle. In the rest of the world, that number is closer to 25%, but as other parts of the world shift like the US has shifted with things like coal to gas, the proportion of gas electricity will only grow." While Big Tech begins investing heavily in energy infrastructure and even nuclear small modular reactors (SMR) to power its AI data centers, Strazik finds that "the focus on sustainability ultimately hasn't changed at all" and has been working with these hyperscalers to decarbonize. The chief executive comments that GE Vernova has 65 nuclear plants operating in the US currently using the company's technology. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Luke Carberry Mogan. 02:58 Expect more M&A leniency under Trump but not a dramatic change 04:22 Coincheck Group chairman talks IPO debut, growth plans 02:27 Palantir could be the next Oracle, Salesforce: Analyst 01:28 How does Google's Gemini 2.0 stack up against OpenAI? From the Yahoo Finance Newsroom View More MotorTrend CEO on why the Ram 1500 won 'Truck of the Year' and what tariffs would mean for US buyers Veterans don't need a 4-year degree to land a job in tech, AI startup founder says Tesla stock closes at all-time high as 69% surge since Trump's win cements dramatic turnaround Stock market today: Nasdaq tops 20,000 for first time as Big Tech surges, Tesla hits first record in 3 years Trump won't kill green energy Big Tech hopes Trump's new FTC boss will be friendlier. Not everyone is so sure. Nvidia is the latest chess piece in the US-China tech war Egg inflation is back again, prices up 8.2% month over month Premium News View More Spotter, a Startup that Funds YouTubers, Lays Off Staff Following Amazon Deal Circle, Binance Enter Partnership to Push for USDC Adoption Nasdaq Closes Above 20,000 for First Time, Dow Falls After CPI Data Adobe Quarterly Results Beat Views, Fiscal 2025 Outlook Falls Short Update: Walgreens Boots' Potential Take-Private Deal Expected to Face 'Many Challenges,' Deutsche Bank Says Asking Apartment Rents Fall to Lowest Level Since March 2022 Walgreens Boots' Potential Take-Private Deal Expected to Face 'Many Challenges,' Deutsche Bank Says Equities Rise Intraday After CPI Report Housing View More Will 2025 finally be a ‘normal’ housing market? Balbec Taps Goldman for €800 Million Spanish Mortgage Bonds New housing survey: Consumers are getting more confident as they adjust to high prices Activist investors urge Macy's to create a real estate unit among other changes to boost stock The housing market should pick up next year, but the path looks choppy JPMorgan Asset Prefers Real Estate and PE to Direct Lending Average rate on a 30-year mortgage in the US falls to 6.69% Mortgage rates tick down again, boosting buying activity Personal Finance Savings interest rates today, December 12, 2024 (up to 4.75% APY) Yahoo Personal Finance • 35 minutes ago Mortgage and refinance rates today, December 12, 2024: Rates hold steady after inflation report 403(b) vs. 401(k): Similarities, differences, advantages, and disadvantages Tech China’s Instagram-Style Xiaohongshu Crosses $1 Billion in Profit Bloomberg • 1 hour ago Rosneft, Reliance agree biggest ever India-Russia oil supply deal, sources say Huawei’s EV Partner Seres Is Said to Consider Hong Kong Listing Crypto XRP Outperforms Bitcoin, Ethereum, Dogecoin Surges 260% in 30 Days TheStreet • 1 hour ago The 11 craziest Bitcoin stories of all time What Happened in Crypto Today: Ever Seen Wall Street Panic-Buy Something? More News Are You In The Top 3% Of Retirees? Here's The Shockingly Low Amount You Need Saved To Rank Among The Richest Regarding retirement savings, we all hear about the elusive "top 3%." But how much does it take to get there? Turns out, the number might surprise you. According to data from the Federal Reserve and the Employee Benefit Research Institute, just 3.2% of retirees have saved over $1 million. That's not chump change, but it's also not the $5-$10 million range some financial gurus – like Suze Orman – insist you must live comfortably. If you're dreaming of $3 million or more, though, you're officially The Stock Market Is Doing Something It Has Done Only 2 Times Since 1985, and History Is Clear About What Happens Next The S&P 500 (SNPINDEX: ^GSPC) is widely regarded as the best gauge for the entire U.S. stock market. In November, a Conference Board survey found that 56.4% of U.S. consumers expect the stock market to rise over the next year, the highest reading on record. Indeed, the S&P 500 recently attained a valuation only seen during two other periods since 1985, and the benchmark index eventually crashed after both incidents. Billionaire Ole Andreas Halvorsen Just Sold All of His Broadcom Stock and Piled Into This Year's Top Dow Jones Performer This particular moment happened a few weeks ago when institutional investors managing at least $100 million filed their 13F forms with the Securities and Exchange Commission (SEC). In the most recent quarter, billionaire Ole Andreas Halvorsen took a big step in the hot area of artificial intelligence (AI), selling all of his Broadcom (NASDAQ: AVGO) shares and piling into this year's top Dow Jones Industrial average performer. At the helm of Viking Global Investors, Halvorsen helps manage more than $27 billion in securities falling under 13F reporting requirements. Prediction: 2 AI Stocks Will Be Worth More Than Palantir by Year's End in 2025 Shares of Palantir Technologies (NASDAQ: PLTR) have more than quadrupled year to date over unrelenting demand for the company's new artificial intelligence platform. In that context, Shopify (NYSE: SHOP) and Arm Holdings (NASDAQ: ARM) present more compelling investment options. Palantir is currently worth $165 billion, but I think Shopify and Arm can top that figure before the end of 2025. Analysts Predict These Will Be Next Year's Top 10 Stocks Missed out on this year's top S&P 500 stocks? Analysts are already offering up their ideas on which stocks will rule in 2025. Analyst Report: Adobe Inc. Adobe provides content creation, document management, and digital marketing and advertising software and services to creative professionals and marketers for creating, managing, delivering, measuring, optimizing, and engaging with compelling content multiple operating systems, devices, and media. The company operates with three segments: digital media content creation, digital experience for marketing solutions, and publishing for legacy products (less than 5% of revenue). Is the Stock Market Going to Crash Under President-Elect Donald Trump? Here's What History Has to Say. Trump is set to inherit one of the priciest stock markets dating back 153 years. Hershey's main owner rejects Mondelez's offer as too low, Bloomberg News reports Bloomberg reported earlier this week that Mondelez was exploring the acquisition of chocolate maker Hershey, in what could have created one of the world's largest confectioners. The Hershey Trust Company's approval is key in any takeover deal, given its voting control of the chocolate maker. Hershey and Mondelez did not immediately respond to Reuters' requests for comment. Down 23% With a 6.7% Yield, Is This High Dividend Stock Too Cheap to Ignore, and Worth Buying in December? It has been a rough year for the commodity chemical giant Dow (NYSE: DOW). In November, Dow was kicked out of the Dow Jones Industrial Average and replaced by Sherwin-Williams. Here's what's driving the sell-off in Dow's shares and why it may be a high-yield dividend stock worth buying now. 3 Ultra-High-Yield Dividend Stocks You Can Buy and Hold for a Decade Higher-yielding dividend stocks tend to be higher-risk investments. If they can navigate their issues, they can supply investors with a very lucrative income stream over the long term. Crown Castle (NYSE: CCI), EPR Properties (NYSE: EPR), and W. P. Carey (NYSE: WPC) currently stand out for their enticing dividend yields (all currently over 6%, which is significantly higher than the S&P 500's 1.2% yield).
