Market results

Adobe shares plunge on downbeat forecast and competition worries
Business

Adobe shares plunge on downbeat forecast and competition worries

Adobe released its Q1 fiscal year 2024 earnings on Thursday, posting record Q1 revenue. However, despite the company’s stellar first…
Lego growth continues to slow down amid struggling toy market
Business

Lego growth continues to slow down amid struggling toy market

Last year’s growth was significantly lower than 2022’s, when Lego’s revenue grew by 17% compared with the previous year. It…
Porsche revs up for intro to new models but puts brake on profit hopes
Business

Porsche revs up for intro to new models but puts brake on profit hopes

The luxury car producer announced on Tuesday the launch of several new models this year but warned that costs connected…
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