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Alvinweet
Alvinweet
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2021-06-29
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Online payment company Payoneer goes public after SPAC merger
June 28 (Reuters) - Payments provider Payoneer went public on the Nasdaq stock exchange on Monday af
Online payment company Payoneer goes public after SPAC merger
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2021-06-18
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U.S. senators propose 25% tax credit for semiconductor manufacturing
WASHINGTON, June 17 (Reuters) - A bipartisan group of U.S. senators on Thursday proposed a 25% tax c
U.S. senators propose 25% tax credit for semiconductor manufacturing
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2021-06-18
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2021-06-18
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Adobe Q2 Earnings Beat Expectations
Adobe stock is trading higher late Thursday after the creative-software company posted better-than-e
Adobe Q2 Earnings Beat Expectations
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2021-06-18
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Alvinweet
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2021-04-14
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Alvinweet
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2021-03-31
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2021-03-31
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The listing came four months after the Israeli company announced its plan to merge with special-purpose acquisition company <a href=\"https://laohu8.com/S/FTOC\">FTAC Olympus Acquisition Corp</a> in a deal valued at about $3.3 billion.</p>\n<p>It is expected to have up to $563 million in cash, including $300 million in the form of private investment in public equity, or PIPE, from investors that include Wellington Management, Dragoneer Investment Group and Fidelity Management & Research Company.</p>\n<p>Payoneer, founded in 2005, provides e-commerce services to individual online sellers as well as platforms, including Airbnb and Amazon. It has published a bullish forecast on revenue for 2021 due to accelerated digital commerce during the pandemic.</p>\n<p>The company expects $432 million in revenue in 2021, compared with $94.7 million in 2020. It eyes process transaction volume of $64 billion, a jump from $44.4 billion in 2020.</p>\n<p>It plans to invest in more features and pursue acquisitions.</p>\n<p>\"Now with the public currency, we are able to make bolder investments, make more acquisitions and move faster to do bigger things for more customers and more places around the world,\" Scott Galit, Payoneer chief executive, said in an interview.</p>\n<p>FTAC Olympus, one of a series of SPACs launched by Cohen, founder of <a href=\"https://laohu8.com/S/TBBK\">The Bancorp</a>, raised $750 million in its IPO last year. 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The listing came four months after the Israeli company announced its plan to merge with special-purpose acquisition company <a href=\"https://laohu8.com/S/FTOC\">FTAC Olympus Acquisition Corp</a> in a deal valued at about $3.3 billion.</p>\n<p>It is expected to have up to $563 million in cash, including $300 million in the form of private investment in public equity, or PIPE, from investors that include Wellington Management, Dragoneer Investment Group and Fidelity Management & Research Company.</p>\n<p>Payoneer, founded in 2005, provides e-commerce services to individual online sellers as well as platforms, including Airbnb and Amazon. It has published a bullish forecast on revenue for 2021 due to accelerated digital commerce during the pandemic.</p>\n<p>The company expects $432 million in revenue in 2021, compared with $94.7 million in 2020. It eyes process transaction volume of $64 billion, a jump from $44.4 billion in 2020.</p>\n<p>It plans to invest in more features and pursue acquisitions.</p>\n<p>\"Now with the public currency, we are able to make bolder investments, make more acquisitions and move faster to do bigger things for more customers and more places around the world,\" Scott Galit, Payoneer chief executive, said in an interview.</p>\n<p>FTAC Olympus, one of a series of SPACs launched by Cohen, founder of <a href=\"https://laohu8.com/S/TBBK\">The Bancorp</a>, raised $750 million in its IPO last year. Cohen, a veteran dealmaker in the SPAC space, is also taking Israeli online stock brokerage eToro to the public in a deal that values the company at $10.4 billion.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PAYO":"Payoneer Global Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146393938","content_text":"June 28 (Reuters) - Payments provider Payoneer went public on the Nasdaq stock exchange on Monday after it closed a merger with a blank-check firm backed by fintech entrepreneur Betsy Cohen.\nPayoneer shares, trading under the ticker symbol “PAYO.O,” rose slightly in early trading. The listing came four months after the Israeli company announced its plan to merge with special-purpose acquisition company FTAC Olympus Acquisition Corp in a deal valued at about $3.3 billion.\nIt is expected to have up to $563 million in cash, including $300 million in the form of private investment in public equity, or PIPE, from investors that include Wellington Management, Dragoneer Investment Group and Fidelity Management & Research Company.\nPayoneer, founded in 2005, provides e-commerce services to individual online sellers as well as platforms, including Airbnb and Amazon. It has published a bullish forecast on revenue for 2021 due to accelerated digital commerce during the pandemic.\nThe company expects $432 million in revenue in 2021, compared with $94.7 million in 2020. It eyes process transaction volume of $64 billion, a jump from $44.4 billion in 2020.\nIt plans to invest in more features and pursue acquisitions.\n\"Now with the public currency, we are able to make bolder investments, make more acquisitions and move faster to do bigger things for more customers and more places around the world,\" Scott Galit, Payoneer chief executive, said in an interview.\nFTAC Olympus, one of a series of SPACs launched by Cohen, founder of The Bancorp, raised $750 million in its IPO last year. Cohen, a veteran dealmaker in the SPAC space, is also taking Israeli online stock brokerage eToro to the public in a deal that values the company at $10.4 billion.","news_type":1,"symbols_score_info":{"PAYO":0.9}},"isVote":1,"tweetType":1,"viewCount":1493,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":168643002,"gmtCreate":1623974915006,"gmtModify":1703825021577,"author":{"id":"3579916640595737","authorId":"3579916640595737","name":"Alvinweet","avatar":"https://static.tigerbbs.com/4e02f839bacebd257485f324e8ca592e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579916640595737","authorIdStr":"3579916640595737"},"themes":[],"htmlText":"Like like for letter","listText":"Like like for letter","text":"Like like for letter","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/168643002","repostId":"2144343740","repostType":4,"repost":{"id":"2144343740","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1623971499,"share":"https://ttm.financial/m/news/2144343740?lang=&edition=fundamental","pubTime":"2021-06-18 07:11","market":"us","language":"en","title":"U.S. senators propose 25% tax credit for semiconductor manufacturing","url":"https://stock-news.laohu8.com/highlight/detail?id=2144343740","media":"Reuters","summary":"WASHINGTON, June 17 (Reuters) - A bipartisan group of U.S. senators on Thursday proposed a 25% tax c","content":"<p>WASHINGTON, June 17 (Reuters) - A bipartisan group of U.S. senators on Thursday proposed a 25% tax credit for investments in semiconductor manufacturing as Congress works to increase U.S. chip production.</p>\n<p>The proposal sponsored by Senate Finance Committee Chairman Ron Wyden and the top Republican Senator Mike Crapo along with four other senators would provide \"reasonable, targeted incentives for domestic semiconductor manufacturing,\" they said in a statement.</p>\n<p>The group did not immediately respond to a request for a cost estimate for the measure, which is on top of recent semiconductor funding. Last week, the Senate approved $52 billion for production and research on semiconductors and telecommunications equipment. That included $2 billion dedicated to chips used by automakers, which have seen massive shortages and made significant production cuts.</p>\n<p>Supporters of funding note the U.S. share of semiconductors and microelectronics production has fallen to 12% from 37% in 1990.</p>\n<p>The senators said up to 70% of the cost difference for producing semiconductors overseas results from foreign subsidies.</p>\n<p>\"The United States can’t allow foreign governments to continue to lure companies’ manufacturing overseas, increasing risks to our economy and costing American workers good-paying jobs,\" Wyden said.</p>\n<p>U.S. Commerce Secretary Gina Raimondo said last month the funding could result in seven to 10 new U.S. semiconductor plants.</p>\n<p>Raimondo anticipates government funding would generate \"$150 billion-plus\" in investment in chip production and research - including contributions from state and federal governments and private-sector firms.</p>\n<p>\"We just need the federal money ... to unlock private capital,\" Raimondo said.</p>\n<p>The tax credit could benefit Taiwan Semiconductor Manufacturing Co (TSMC), which is building a $12 billion semiconductor factory in Arizona, and Dutch chipmaker NXP Semiconductors NV as well as U.S. firms such as Intel Corp and Micron Technology Inc.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. senators propose 25% tax credit for semiconductor manufacturing</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. senators propose 25% tax credit for semiconductor manufacturing\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-18 07:11</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>WASHINGTON, June 17 (Reuters) - A bipartisan group of U.S. senators on Thursday proposed a 25% tax credit for investments in semiconductor manufacturing as Congress works to increase U.S. chip production.</p>\n<p>The proposal sponsored by Senate Finance Committee Chairman Ron Wyden and the top Republican Senator Mike Crapo along with four other senators would provide \"reasonable, targeted incentives for domestic semiconductor manufacturing,\" they said in a statement.</p>\n<p>The group did not immediately respond to a request for a cost estimate for the measure, which is on top of recent semiconductor funding. Last week, the Senate approved $52 billion for production and research on semiconductors and telecommunications equipment. That included $2 billion dedicated to chips used by automakers, which have seen massive shortages and made significant production cuts.</p>\n<p>Supporters of funding note the U.S. share of semiconductors and microelectronics production has fallen to 12% from 37% in 1990.</p>\n<p>The senators said up to 70% of the cost difference for producing semiconductors overseas results from foreign subsidies.</p>\n<p>\"The United States can’t allow foreign governments to continue to lure companies’ manufacturing overseas, increasing risks to our economy and costing American workers good-paying jobs,\" Wyden said.</p>\n<p>U.S. Commerce Secretary Gina Raimondo said last month the funding could result in seven to 10 new U.S. semiconductor plants.</p>\n<p>Raimondo anticipates government funding would generate \"$150 billion-plus\" in investment in chip production and research - including contributions from state and federal governments and private-sector firms.</p>\n<p>\"We just need the federal money ... to unlock private capital,\" Raimondo said.</p>\n<p>The tax credit could benefit Taiwan Semiconductor Manufacturing Co (TSMC), which is building a $12 billion semiconductor factory in Arizona, and Dutch chipmaker NXP Semiconductors NV as well as U.S. firms such as Intel Corp and Micron Technology Inc.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSM":"台积电","QCOM":"高通","MU":"美光科技","NXPI":"恩智浦","AMD":"美国超微公司","INTC":"英特尔","NVDA":"英伟达"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144343740","content_text":"WASHINGTON, June 17 (Reuters) - A bipartisan group of U.S. senators on Thursday proposed a 25% tax credit for investments in semiconductor manufacturing as Congress works to increase U.S. chip production.\nThe proposal sponsored by Senate Finance Committee Chairman Ron Wyden and the top Republican Senator Mike Crapo along with four other senators would provide \"reasonable, targeted incentives for domestic semiconductor manufacturing,\" they said in a statement.\nThe group did not immediately respond to a request for a cost estimate for the measure, which is on top of recent semiconductor funding. Last week, the Senate approved $52 billion for production and research on semiconductors and telecommunications equipment. That included $2 billion dedicated to chips used by automakers, which have seen massive shortages and made significant production cuts.\nSupporters of funding note the U.S. share of semiconductors and microelectronics production has fallen to 12% from 37% in 1990.\nThe senators said up to 70% of the cost difference for producing semiconductors overseas results from foreign subsidies.\n\"The United States can’t allow foreign governments to continue to lure companies’ manufacturing overseas, increasing risks to our economy and costing American workers good-paying jobs,\" Wyden said.\nU.S. Commerce Secretary Gina Raimondo said last month the funding could result in seven to 10 new U.S. semiconductor plants.\nRaimondo anticipates government funding would generate \"$150 billion-plus\" in investment in chip production and research - including contributions from state and federal governments and private-sector firms.\n\"We just need the federal money ... to unlock private capital,\" Raimondo said.\nThe tax credit could benefit Taiwan Semiconductor Manufacturing Co (TSMC), which is building a $12 billion semiconductor factory in Arizona, and Dutch chipmaker NXP Semiconductors NV as well as U.S. firms such as Intel Corp and Micron Technology Inc.","news_type":1,"symbols_score_info":{"AMD":0.9,"NXPI":0.9,"TSM":0.9,"MU":0.9,"NVDA":0.9,"QCOM":0.9,"INTC":0.9}},"isVote":1,"tweetType":1,"viewCount":2790,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":168657509,"gmtCreate":1623974875301,"gmtModify":1703825017847,"author":{"id":"3579916640595737","authorId":"3579916640595737","name":"Alvinweet","avatar":"https://static.tigerbbs.com/4e02f839bacebd257485f324e8ca592e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579916640595737","authorIdStr":"3579916640595737"},"themes":[],"htmlText":"Like like for letter","listText":"Like like for letter","text":"Like like for letter","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/168657509","repostId":"1140460323","repostType":4,"isVote":1,"tweetType":1,"viewCount":1369,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":168654431,"gmtCreate":1623974843623,"gmtModify":1703825016880,"author":{"id":"3579916640595737","authorId":"3579916640595737","name":"Alvinweet","avatar":"https://static.tigerbbs.com/4e02f839bacebd257485f324e8ca592e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579916640595737","authorIdStr":"3579916640595737"},"themes":[],"htmlText":"Like like for letter","listText":"Like like for letter","text":"Like like for letter","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/168654431","repostId":"1198149770","repostType":4,"repost":{"id":"1198149770","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1623974643,"share":"https://ttm.financial/m/news/1198149770?lang=&edition=fundamental","pubTime":"2021-06-18 08:04","market":"us","language":"en","title":"Adobe Q2 Earnings Beat Expectations","url":"https://stock-news.laohu8.com/highlight/detail?id=1198149770","media":"Tiger Newspress","summary":"Adobe stock is trading higher late Thursday after the creative-software company posted better-than-e","content":"<p>Adobe stock is trading higher late Thursday after the creative-software company posted better-than-expected results for its fiscal second quarter ended June 4.</p>\n<p>For the quarter, Adobe (ticker: ADBE) reported revenue of $3.84 billion, up 23% from a year ago, and ahead of the company’s forecast of $3.72 billion. Non-GAAP profits were $3.03 a share, ahead of the company’s projection of $2.81 a share. Under generally accepted accounting principles, Adobe earned $2.32 a share.</p>\n<p>Adobe stock rose 2.7% to $566 in extended trading.</p>\n<p><img src=\"https://static.tigerbbs.com/28b7cdf0a510d12cc43d7e44330be797\" tg-width=\"1302\" tg-height=\"663\"></p>\n<p>Adobe’s results were above expectations in every segment. Digital Media revenue was $2.79 billion, up 25%, and four points better than the company’s guidance. That includes creative revenue of $2.32 billion, up 24%, and document cloud revenue of $496 million, up 30%.</p>\n<p>Digital Experience segment revenue was $938 million, up 21%, and three points better than the company’s target for 18% growth.</p>\n<p>The company also said it bought back about 2.1 million shares in the quarter.</p>\n<p>For the fiscal third quarter, Adobe sees revenue of $3.88 billion, slightly higher than the Street consensus forecast of $3.83 billion, with non-GAAP profits of $3 a share, above the Street consensus estimate for $2.89 a share. The company sees growth in the quarter of 21% in the digital experience segment, and 25% in digital experience.</p>\n<p>“Adobe had an outstanding second quarter as Creative Cloud, Document Cloud and Experience Cloud continue to transform work, learn and play in a digital-first world,” Adobe CEO Shantanu Narayen said in a statement.</p>\n<p>Chief Financial Officer John Murphy added in a statement that “the large market opportunity and momentum we are seeing across our creative, document and customer experience management businesses position us well to deliver another record year.”</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Adobe Q2 Earnings Beat Expectations</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAdobe Q2 Earnings Beat Expectations\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-06-18 08:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Adobe stock is trading higher late Thursday after the creative-software company posted better-than-expected results for its fiscal second quarter ended June 4.</p>\n<p>For the quarter, Adobe (ticker: ADBE) reported revenue of $3.84 billion, up 23% from a year ago, and ahead of the company’s forecast of $3.72 billion. Non-GAAP profits were $3.03 a share, ahead of the company’s projection of $2.81 a share. Under generally accepted accounting principles, Adobe earned $2.32 a share.</p>\n<p>Adobe stock rose 2.7% to $566 in extended trading.</p>\n<p><img src=\"https://static.tigerbbs.com/28b7cdf0a510d12cc43d7e44330be797\" tg-width=\"1302\" tg-height=\"663\"></p>\n<p>Adobe’s results were above expectations in every segment. Digital Media revenue was $2.79 billion, up 25%, and four points better than the company’s guidance. That includes creative revenue of $2.32 billion, up 24%, and document cloud revenue of $496 million, up 30%.</p>\n<p>Digital Experience segment revenue was $938 million, up 21%, and three points better than the company’s target for 18% growth.</p>\n<p>The company also said it bought back about 2.1 million shares in the quarter.</p>\n<p>For the fiscal third quarter, Adobe sees revenue of $3.88 billion, slightly higher than the Street consensus forecast of $3.83 billion, with non-GAAP profits of $3 a share, above the Street consensus estimate for $2.89 a share. The company sees growth in the quarter of 21% in the digital experience segment, and 25% in digital experience.</p>\n<p>“Adobe had an outstanding second quarter as Creative Cloud, Document Cloud and Experience Cloud continue to transform work, learn and play in a digital-first world,” Adobe CEO Shantanu Narayen said in a statement.</p>\n<p>Chief Financial Officer John Murphy added in a statement that “the large market opportunity and momentum we are seeing across our creative, document and customer experience management businesses position us well to deliver another record year.”</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ADBE":"Adobe"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198149770","content_text":"Adobe stock is trading higher late Thursday after the creative-software company posted better-than-expected results for its fiscal second quarter ended June 4.\nFor the quarter, Adobe (ticker: ADBE) reported revenue of $3.84 billion, up 23% from a year ago, and ahead of the company’s forecast of $3.72 billion. Non-GAAP profits were $3.03 a share, ahead of the company’s projection of $2.81 a share. Under generally accepted accounting principles, Adobe earned $2.32 a share.\nAdobe stock rose 2.7% to $566 in extended trading.\n\nAdobe’s results were above expectations in every segment. Digital Media revenue was $2.79 billion, up 25%, and four points better than the company’s guidance. That includes creative revenue of $2.32 billion, up 24%, and document cloud revenue of $496 million, up 30%.\nDigital Experience segment revenue was $938 million, up 21%, and three points better than the company’s target for 18% growth.\nThe company also said it bought back about 2.1 million shares in the quarter.\nFor the fiscal third quarter, Adobe sees revenue of $3.88 billion, slightly higher than the Street consensus forecast of $3.83 billion, with non-GAAP profits of $3 a share, above the Street consensus estimate for $2.89 a share. The company sees growth in the quarter of 21% in the digital experience segment, and 25% in digital experience.\n“Adobe had an outstanding second quarter as Creative Cloud, Document Cloud and Experience Cloud continue to transform work, learn and play in a digital-first world,” Adobe CEO Shantanu Narayen said in a statement.\nChief Financial Officer John Murphy added in a statement that “the large market opportunity and momentum we are seeing across our creative, document and customer experience management businesses position us well to deliver another record year.”","news_type":1,"symbols_score_info":{"ADBE":0.9}},"isVote":1,"tweetType":1,"viewCount":2019,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":168652232,"gmtCreate":1623974793226,"gmtModify":1703825013153,"author":{"id":"3579916640595737","authorId":"3579916640595737","name":"Alvinweet","avatar":"https://static.tigerbbs.com/4e02f839bacebd257485f324e8ca592e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579916640595737","authorIdStr":"3579916640595737"},"themes":[],"htmlText":"Like like for letter","listText":"Like like for letter","text":"Like like for letter","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/168652232","repostId":"2144286417","repostType":4,"isVote":1,"tweetType":1,"viewCount":1936,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":345456130,"gmtCreate":1618334738920,"gmtModify":1704709370207,"author":{"id":"3579916640595737","authorId":"3579916640595737","name":"Alvinweet","avatar":"https://static.tigerbbs.com/4e02f839bacebd257485f324e8ca592e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579916640595737","authorIdStr":"3579916640595737"},"themes":[],"htmlText":"Like please ty","listText":"Like please ty","text":"Like please ty","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/345456130","repostId":"1194635432","repostType":4,"isVote":1,"tweetType":1,"viewCount":1863,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":354745350,"gmtCreate":1617203419370,"gmtModify":1704697289857,"author":{"id":"3579916640595737","authorId":"3579916640595737","name":"Alvinweet","avatar":"https://static.tigerbbs.com/4e02f839bacebd257485f324e8ca592e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579916640595737","authorIdStr":"3579916640595737"},"themes":[],"htmlText":"//<a href=\"https://laohu8.com/U/3579916640595737\">@Alvinweet</a>: Thanks my friend joe ","listText":"//<a href=\"https://laohu8.com/U/3579916640595737\">@Alvinweet</a>: Thanks my friend joe ","text":"//@Alvinweet: Thanks my friend joe","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/354745350","repostId":"1112506543","repostType":4,"isVote":1,"tweetType":1,"viewCount":1329,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":354742943,"gmtCreate":1617203345582,"gmtModify":1704697288222,"author":{"id":"3579916640595737","authorId":"3579916640595737","name":"Alvinweet","avatar":"https://static.tigerbbs.com/4e02f839bacebd257485f324e8ca592e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579916640595737","authorIdStr":"3579916640595737"},"themes":[],"htmlText":"Thanks joe","listText":"Thanks joe","text":"Thanks joe","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/354742943","repostId":"1112506543","repostType":4,"isVote":1,"tweetType":1,"viewCount":1444,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}