JPMorgan Chase elected Michele Buck as a member of the board of directors.Fitch: It is estimated that the sales growth rate of food, beverage, tobacco and consumer goods will be low in single digits in 2025.Adobe(ADBE) closed down 13.69% after the release of the performance report, the worst one-day performance in two years, and the revenue guidance given by the company disappointed investors.
Top 20 US stock turnover on December 12: Adobe's poor performance led to a sharp drop of 13.7%. On Thursday, Adobe, the fourth US stock turnover, closed down 13.69%, the biggest one-day drop in two years, with a turnover of 8.32 billion US dollars. The company's performance guidance fell short of market expectations, which aggravated investors' concerns that the creative software giant might be subverted by emerging artificial intelligence (AI) startups. The company expects revenue of $23.4 billion in fiscal year 2025, which is less than the $23.8 billion expected by analysts; Earnings per share are expected to be $20.20-$20.50, which is less than the analyst's expectation of $20.52. After Adobe announced its financial report and performance forecast, Bank of America Securities lowered its target price from $640 to $605, and Jefferies lowered its target price from $700 to $650. (Global Market Broadcast)Central Bank of Peru: Future interest rate decisions will depend on inflation data and its determinants.Broadcom said that the market size of the company's artificial intelligence (AI) accelerator is expected to be $15 billion to $20 billion next year.
Qualcomm: CTO James Thompson will retire on February 3rd, 2025.The Israeli bombing of Nuseilet refugee camp in central Gaza has killed 30 people. The reporter of the General Station learned on the evening of 12th local time that the death toll from the Israeli bombing of a building in Nuseilet refugee camp in central Gaza has risen to 30.New Zealand's manufacturing performance index in November was 45.5, with the previous value of 45.8.