The stock market closed lower on Thursday as investors weighed renewed geopolitical tensions in the Middle East and rising oil prices.
Overall, S&P 500 fell 0.4% to 7,337, while NASDAQ declined 0.1% to 25,806.
Tweet of the Day
I think $APP does at least 56% revenue growth in 2026 and at least 42% revenue growth in 2027… which gets them to $12B+ revenues in 2027… assuming 84% ebitda margins… $APP now trading at less than 16x 2027 ev/ebitda while generating $14B+ of FCF over next 2 years… stock… https://t.co/jgfeVWctYF
— Jonah Lupton (@JonahLupton) May 6, 2026
Chart of the Day
Here is the one-year chart of Adobe (ADBE) as of March 19, 2026, when the stock was at $246.
The company surpassed 850 million active users of Acrobat, Creative Cloud, Express and Firefly last quarter, reaching 17% growth year over year. Within this total, creative freemium monthly active users alone exceeded 80 million, growing 50% year over year.
Meanwhile, Adobe’s AI-focused products are also scaling quickly, with annual recurring revenue (ARR) more than tripling year over year. Despite this strong performance, ADBE stock has fallen from around $390 a year ago to about $250 this quarter as investors worry that AI tools could reduce demand for traditional creative software or push prices lower.
ADBE is part of the Conservative Growth Portfolio.
