S&P 500
7,226.20
+0.01%
Dow Jones
49,494.60
-0.62%
Nasdaq 100
27,685.40
+0.66%
Russell 2000
2,804.78
-0.02%
FTSE 100
10,364.50
0.00%
Nikkei 225
59,260.50
-0.78%

Apps & Software

Microsoft/Adobe, The Rumor Mill Keeps Firing (ADBE, MSFT, AAPL)

Photo of Jon C. Ogg
By Jon C. Ogg Updated Published
Follow 24/7 Wall St. on Google
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Adobe Systems Inc. (NASDAQ: ADBE) has seen a flurry of volume today after the New York Times reported that Microsoft Corporation (NASDAQ: MSFT) CEO Steve Ballmer and other executives showed up at Adobe’s corporate offices in San Francisco for a “secret” meeting with Adobe’s CEO Shantanu Narayen.

Obviously, Wall Street and Main Street will try to read deep rumors into this.  The real problem is that Apple Inc. (NASDAQ: AAPL) does support many of the Microsoft platforms but it is moving away from Adobe’s Flash.

Whether anything is brewing, who knows.  Microsoft has more cash than ambition at this point.  Adobe has more challenges than it ever has before.

Adobe is up 7% at $27.54 on more than 46 million shares.  Unfortunately, this morning’s price of $25.45 marked new 52-week lows.

JON C.  OGG

Photo of Jon C. Ogg
About the Author Jon C. Ogg →

Jon Ogg has been a financial news analyst since 1997. Mr. Ogg set up one of the first audio squawk box services for traders called TTN, which he sold in 2003. He has previously worked as a licensed broker to some of the top U.S. and E.U. financial institutions, managed capital, and has raised private capital at the seed and venture stage. He has lived in Copenhagen, Denmark, as well as New York and Chicago, and he now lives in Houston, Texas. Jon received a Bachelor of Business Administration in finance at University of Houston in 1992. a673b.bigscoots-temp.com.

Continue Reading

Why Nvidia Is Betting Big on Adobe in the AI Era
Rich Duprey |

Why Nvidia Is Betting Big on Adobe in the AI Era

AI spending in 2026 is starting to look less like a budget line item and more like a strategic arms…
Jon C. Ogg |

iPad/iPhone: Enough of the Flash War? (AAPL, ADBE, MSFT, GOOG)

A week ago marked a change in my personal technology… I bought an Apple Inc. (NASDAQ: AAPL) iPad.  This is…
Chris Lange |

Adobe Rises on Record Quarter

Adobe Systems reported better-than-expected fiscal third-quarter financial results after the markets closed on Thursday.
Adobe’s AI-Fueled Rally Could Keep Going for the Near Term
247patrick |

Adobe’s AI-Fueled Rally Could Keep Going for the Near Term

Adobe has been among the top beneficiaries of the artificial intelligence boom this year.
Paul Ausick |

Google Search Advertising Continues Growth

Wikimedia Commons (Lee-Sean Huang)Ahead of the company’s second quarter earnings report after the bell on Thursday, Google Inc. (NASDAQ: GOOG)…
Adobe Stock Drops 26% as Wall Street Questions Its Defense Against AI Competition
David Beren |

Adobe Stock Drops 26% as Wall Street Questions Its Defense Against AI Competition

Since the start of 2026, Adobe (NASDAQ:ADBE | ADBE Price Prediction) has plunged 26% as Wall Street questions whether its…
The Billionaire Investor Who Bet Against Nvidia and Palantir Is Buying Adobe
Rich Duprey |

The Billionaire Investor Who Bet Against Nvidia and Palantir Is Buying Adobe

Billionaire investor Michael Burry earned his reputation as a legendary contrarian by betting against the U.S. housing market before the…
Black Friday Sales Surge To Record $3.34 Billion
Douglas A. McIntyre |

Black Friday Sales Surge To Record $3.34 Billion

[cnxvideo id=”625498″ placement=”ros”]E-commerce sales continue to rocket higher as the Black Friday total reached $3.34 billion   The move to…
What to Look for in Adobe Earnings
Chris Lange |

What to Look for in Adobe Earnings

Adobe Systems is set to release its fiscal fourth-quarter earnings report after the markets close on Thursday.

Top Gaining Stocks

Cboe Global Markets
CBOE • Vol: 1,568,143
New Pluto Global
PSKY • Vol: 12,285,993
Seagate Technology
STX • Vol: 7,378,346
Oracle
ORCL • Vol: 26,317,675
Datadog
DDOG • Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ • Vol: 4,367,433
Clorox
CLX • Vol: 13,260,523
Stryker
SYK • Vol: 4,519,455
Mohawk Industries
MHK • Vol: 1,859,865
Amgen
AMGN • Vol: 3,818,618