Adobe Systems Inc. (ADBE) reported second quarter adjusted EPS of $0.36 after the bell Tuesday, down from $0.60 in the prior year period. The consensus estimate was for EPS of $0.34.
Adobe Systems gapped open sharply higher Wednesday and is now up 2.77 at $46.13. The stock has risen to a 6-week high and is approaching the highs of the year, around $47.15 per share.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.