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Adobe Inc. (ADBE)

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515.93

+2.25

(+0.44%)

At close: November 29 at 1:00 p.m. EST

516.15

+0.22

(+0.04%)

After hours: November 29 at 4:58 p.m. EST

Promotions Drive Black Friday Weekend Gains, Retailers Stay Upbeat on Season

A spike in online shopping and sufficient turnouts in the malls, outlets and urban shopping districts over Black Friday weekend portend a healthy stretch ahead in the days leading to Christmas.

WWD 1 hour ago

NKE

ADBE
+0.44%
MA
+0.11%
How AI Fueled Black Friday Shopping This Year

U.S. e-commerce sales on the unofficial shopping holiday hit a record this year, with online spending hitting $10.8 billion, up 10.2% from 2023, according to Adobe Analytics.

Barrons.com yesterday

ADBE
+0.44%
Winners and losers of Black Friday 2024

With deals all spread out and e-commerce surging even on Thanksgiving Day, the red-letter event seems to be losing its punch.

Retail Dive yesterday

ADBE
+0.44%
US Black Friday spending at stores inches ahead as Americans spend more online

(Reuters) -Black Friday spending in U.S. retail stores was muted this year in contrast to a more robust rise online, as bargain-hungry Americans skipped stores in favor of their phones and laptops, according to data from Mastercard and other data providers. Sales at brick-and-mortar stores grew just 0.7% year-over-year, according to preliminary estimates by payments processor Mastercard, and were lower according to data firm Facteus.

Reuters yesterday

ADBE
+0.44%
The Whiz Kid Who Made Billions for Yale Is Rethinking His China Strategy

Lei Zhang helped university endowments and foundations make big returns in his native country, then the U.S. soured on China.

The Wall Street Journal yesterday

UBER

JD

JDCMF
Black Friday Online Sales Are on Track for Record

Adobe expects that by the end of the day, consumers will spend between $10.7 billion and $11 billion, which would be an e-commerce record sales figure. “Adobe is reaffirming its forecast that a new e-commerce record will be set on Black Friday and surge past the $10 billion mark,” said Vivek Pandya, lead analyst at Adobe Digital Insights. The strongest shopping hours were between 10 a.m. and 2 p.m., but activity should ramp up again this evening, Adobe said.

Barrons.com 2 days ago

ADBE
+0.44%
Online shoppers set Thanksgiving Day spending record after big discounts

Online shoppers spent a record $6.1 billion on Thanksgiving after discounts fueled toys, electronics and clothing purchases.

CNN Business 2 days ago

ADBE
+0.44%
Cyber Week Sales Put These ETFs in Focus

Holiday sales growth slowed this year, but a record 183.4M people plan to shop in stores and online from Thanksgiving to Cyber Monday.

Zacks 2 days ago

ADBE
+0.44%
Black Friday Weekend Is Off to a Strong Start. Thanksgiving Online Sales Surge.

Americans were feeling grateful this Thanksgiving, and weren’t afraid to channel that into shopping. U.S. online sales rose between 8% and about 9% year over year on Thursday, according to data provided by Adobe Analytics and Salesforce, two data analytics firms that will be tracking spending patterns over the weekend. Per Adobe, consumers spent a record $6.1 billion online on Thanksgiving, up 8.8%; Salesforce’s data reflect an 8% increase to $8.1 billion.

Barrons.com 2 days ago

ADBE
+0.44%
Holiday Shopping Starts Strong, but Sales Data From Software Giants Vary Widely

Discounting, the compressed calendar and stock market gains are expected to drive positive results for Black Friday weekend and the season overall as specialty store retailers reported buoyant performances.

WWD 2 days ago

ADBE
+0.44%
Exploring 3 High Growth Tech Stocks in the United States

In the last week, the United States market has been flat, but it is up 31% over the past year with earnings expected to grow by 15% per annum over the next few years. In this context of robust growth expectations, identifying high-growth tech stocks involves looking for companies that demonstrate strong innovation and scalability potential to capitalize on favorable market conditions.

Simply Wall St. 2 days ago

ADBE
+0.44%
SHOP
+2.72%
TEAM
Retailers coax Black Friday shoppers into stores with big discounts and giveaways

Retailers used giveaways and big discounts to reward U.S. shoppers who ventured out for Black Friday even as earlier offers, the prospect of better bargains in the days ahead and the ease of e-commerce drained much of the excitement from the holiday shopping season's much-hyped kickoff.

Associated Press Finance 2 days ago

ADBE
+0.44%
Is the Stock Market Open Today? Here are the Trading Hours for Black Friday.

Black Friday, the day after Thanksgiving in the U.S., has a reputation as one of the busiest shopping days of the year.

Barrons.com 2 days ago

ADBE
+0.44%
Black Friday, Cyber Monday Shopping Set To Break Sales Records

Retailers are expecting a record-breaking Black Friday to Cyber Monday shopping period as cash-strapped consumers are expected to shop early in the holiday season for sales promotions and savings. What To Know: Management consultancy firm Bain & Company forecasts U.S. retail sales during the Black Friday to Cyber Monday period will reach $75 billion for the first time ever, growing by about 5% year-over-year. The firm sees about 8% of total holiday sales will come during this period, the highest

Benzinga 3 days ago

ADBE
+0.44%
Why retailers still see Black Friday as the high point of the holiday shopping season

After weeks of plugging increasingly inviting discounts, retailers in the United States and several other countries are preparing for prime time: Black Friday, the bargain bonanza that still reigns as the unofficial kickoff of the holiday shopping season even if it's lost some luster. Department stores, shopping malls and merchants — big and small — see the day after Thanksgiving as a way to energize shoppers and to get them into physical stores at a time when many gift-seekers are content to do their browsing online. There are enough traditionalists that Black Friday remains the biggest day of the year for retail foot traffic.

Associated Press Finance 3 days ago

ADBE
+0.44%
Sofas become points of purchase as Americans shop with their phones on Thanksgiving

NEW YORK (Reuters) -U.S. holiday shoppers have big plans to use small screens for a head start this year on Thanksgiving Day, and retailers have spent weeks priming them, touting pre-Black Friday online discounts for everything from TVs and toys to Bluetooth speakers. Shoppers have been lured by the convenience of apps that have made it much easier in recent years to make purchases from retailers' websites using mobile devices. "What we've always seen is this gap between shoppers looking and browsing from their phones, but then they go back to their computers and buy," said Caila Schwartz, director of consumer insights at Salesforce.

Reuters 3 days ago

AMZN

ADBE
+0.44%
What Drives Investors?

The market yawned at Nvidia's 94% growth and cheered as Williams-Sonoma posted year-over-year declines. It's all about expectations.

Motley Fool 5 days ago

ADBE
+0.44%
NVDA

WMT
AI Stocks: Tech Giants, Cloud Titans Face 'Show Me' Moment. Trump To Name AI Czar?

President-elect Trump could name an "AI czar." Amazon ups Anthropic investment. Nvidia stock retreats.

Investor's Business Daily 5 days ago

ADBE
+0.44%
NVDA
Adobe Systems (ADBE) Outperforms Broader Market: What You Need to Know

The latest trading day saw Adobe Systems (ADBE) settling at $518.73, representing a +1.28% change from its previous close.

Zacks 6 days ago

ADBE
+0.44%
New to Investing? This 1 Computer and Technology Stock Could Be the Perfect Starting Point

The Zacks Focus List offers investors a way to easily find top-rated stocks and build a winning investment portfolio. Here's why you should take advantage.

Zacks 6 days ago

ADBE
+0.44%

Performance Overview

Return	ADBE	S&P 500
YTD	-13.52%	+26.47%
1-Year	-17.23%	+32.44%
3-Year	-22.08%	+31.29%

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Adobe Inc. (ADBE)

Promotions Drive Black Friday Weekend Gains, Retailers Stay Upbeat on Season

How AI Fueled Black Friday Shopping This Year

Winners and losers of Black Friday 2024

US Black Friday spending at stores inches ahead as Americans spend more online

The Whiz Kid Who Made Billions for Yale Is Rethinking His China Strategy

Black Friday Online Sales Are on Track for Record

Online shoppers set Thanksgiving Day spending record after big discounts

Cyber Week Sales Put These ETFs in Focus

Black Friday Weekend Is Off to a Strong Start. Thanksgiving Online Sales Surge.

Holiday Shopping Starts Strong, but Sales Data From Software Giants Vary Widely

Exploring 3 High Growth Tech Stocks in the United States

Retailers coax Black Friday shoppers into stores with big discounts and giveaways

Is the Stock Market Open Today? Here are the Trading Hours for Black Friday.

Black Friday, Cyber Monday Shopping Set To Break Sales Records

Why retailers still see Black Friday as the high point of the holiday shopping season

Sofas become points of purchase as Americans shop with their phones on Thanksgiving

What Drives Investors?

AI Stocks: Tech Giants, Cloud Titans Face 'Show Me' Moment. Trump To Name AI Czar?

Adobe Systems (ADBE) Outperforms Broader Market: What You Need to Know

New to Investing? This 1 Computer and Technology Stock Could Be the Perfect Starting Point

Performance Overview