Adobe News - March 2026
Adobe Advances Semrush Deal in Germany as Shares Hit 52-Week Low
Adobe received preliminary approval from Germany’s Cartel Office for its planned acquisition of Semrush Holdings. Reuters reported the move as a significant...
🔴 ADBE is trading 8.89% down today on CEO transition and slowing ARR growth
ADBE is trading at $245.79 (-8.89%) in pre-market following the announcement that CEO Shantanu Narayen will step down after 18 years, overshadowing a Q1...
🔴 ADBE is trading 6.55% down today as CEO Shantanu Narayen steps down after 18 years
ADBE is trading at $252.12 (-6.55%) following the announcement that longtime CEO Shantanu Narayen will transition from his role, overshadowing a...
Adobe's first quarter 2026 revenue of $6.4B beats estimates, driven by 13% subscription growth.
Adobe reported record first-quarter 2026 revenue of $6.40 billion, up 12% year-over-year, and non-GAAP EPS of $6.06, with both figures surpassing analyst...
Michael Burry Urges Adobe to Acquire Midjourney to Protect Market Share Amid 20% Stock Decline
Michael Burry, the investor known for The Big Short, publicly urged Adobe to acquire the artificial intelligence company Midjourney. Burry stated on X that...