Adobe Financial News

Investing.com — U.S. stocks rose Thursday, adding to the previous session’s strong gains after the Federal Reserve signaled interest rate cuts to start next year, helped by a bounce in retail sales.

By Shristi Achar A and Johann M Cherian

Adobe Systems (NASDAQ:ADBE) shares dropped more than 6% pre-market Thursday after the company reported FQ4 results and offered guidance.

Investors are still digesting the Friday economic data, including a hotter-than-expected jobs report, while also preparing for the busy calendar of macro catalysts, including the release of U.S. inflation data and FOMC decision.

Stocks on Wall Street finished higher on Friday to notch another winning week after a robust U.S. jobs report fueled investor optimism about a soft landing for the economy.

generative AI lags behind consumer demand and employee usage, a new survey from Adobe suggests. Only 47% of respondents in India said the company they work for currently uses generative AI tools. A remarkable 94% of Indian employees said they had already used generative AI in marketing and customer experience campaigns in the workplace; 52% have employed large language models and 50% have used text-to-image generators to create promotional brand materials and content.

It’s not just you. This holiday season feels a little ho-hum. Sure, tree decorations still sparkle, hot chocolate is still sweet and the wind is a little chillier.

By Medha Singh, Chibuike Oguh and Hannah Lang

IWF Center for Economic Opportunity director Patrice Lee Onwuka reacts to a survey that reveals how much money people need to feel less stress on 'Making Money.'

Investing.com — U.S. stocks traded in a mixed fashion around the flatline Tuesday, as investors take stock of the strong gains in November so far while digesting  clues about the spending habits of U.S. consumers heading into the key holiday shopping season.

Investing.com — U.S. futures traded largely flat Tuesday, as investors awaited details of retail sales on Cyber Monday as well as more comments from a number of Fed officials.

Cyber Monday to relieve stress on their wallets, according to Adobe Analytics. Shoppers are slated to spend between $12 billion and $12.4 billion online on Monday, with $782 million of purchases made with BNPL services, including Klarna and Affirm, representing a surge of nearly 19% from last year, the data company said.

AI is all the rage and companies are moving fast to incorporate the technology into their offerings. Amid the AI frenzy, DealHub analyzed the last two earning calls from more than 200 top companies and came away with a list of the top 10 companies discussing AI the most in the context of sales.

Investing.com — The Dow closed lower Monday in muted trade as investors were reluctant to make big bets on stocks ahead of further catalysts including key economic data due later this week.

(Reuters) -After a busy holiday shopping weekend, discount seekers are expected to spend between a record $12 billion and $12.4 billion on beauty products, electronics, toys and apparel on Cyber Monday, according to Adobe (NASDAQ:ADBE) Analytics.

Consumers are scouring the internet for online deals as they begin to cap off the five-day post-Thanksgiving shopping bonanza with Cyber Monday

discounts ahead of Cyber Monday, according to data from retailer websites aggregated by third parties. Cyber Monday, as the first Monday after the Thanksgiving holiday has become known as merchants step up online promotions, is set to be the biggest online shopping day of the year in the United States. Strong online traffic on Black Friday demonstrated a notable pattern of shoppers putting time and effort into selecting the lowest-cost, best-value merchandise, said Rob Garf, vice president and general manager for retail at Salesforce, which tracks data flowing through its Commerce Cloud e-commerce service. Despite an earlier start to retailers' holiday promotions this year, there weren't a lot of great deals initially, Garf said.

(Reuters) — Mastercard (NYSE:MA) Spendingpulse said on Saturday that U.S. retail sales on Black Friday rose 2.5% year-over-year excluding automotive sales, not adjusted for inflation.

What are Black Friday, Small Business Saturday, Boxing Day and Cyber Monday sales With many consumers squeezed by persistent inflation and high interest rates, U.S. holiday spending is expected to rise at the slowest pace in five years. Most major retailers slashed their seasonal hiring.

Shoppers hunting for big deals packed malls on Black Friday as retailers stepped up discounts and other perks to lure customers weighed down by inflation and sticking to tighter budgets

By Siddharth Cavale, Helen Reid and Arriana McLymore