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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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.