Adobe's performance guidance fell less than expected by more than 9% after hours. Adobe gave disappointing performance guidance for fiscal year 2025, highlighting concerns that this creative software giant may be subverted by emerging startups based on artificial intelligence. The company said in a statement on Wednesday that it expects revenue of about $23.4 billion in the fiscal year ending November 2025. Earnings per share excluding some items are expected to be $20.2-$20.5. Analysts expect an average revenue of $23.8 billion and adjusted earnings per share of $20.52. Adobe, known for its software for creative professionals, is adding generative AI functions to its applications, such as embedding its proprietary model Firefly into products such as Photoshop. Adobe released an AI tool for making videos at the annual user conference in October, which has been embedded in the editing application Premiere and is gradually being promoted to the public. Adobe shares fell more than 9% in after-hours trading.In response to Trump's tariff threat, the Canadian Prime Minister held another meeting with provincial governors. On December 11, local time, Canadian Prime Minister Trudeau held another meeting with provincial governors to discuss the tariff threat of US President-elect Trump. This is the second time that Trudeau has held a meeting with provincial governors since Trump threatened to impose a high tariff of 25% on Canada last month. It is also the first time that Trudeau has met with governors after having dinner with Trump at Haihu Manor. Trudeau said that if Trump really continues to impose a 25% tariff on all Canadian goods shipped to the United States, Canada is prepared to make some kind of response. The outside world believes that this statement means that Canada will impose retaliatory tariffs on some American goods. (CCTV News)Morgan Stanley upgraded the rating of Jingao Technology to over-allocation, with a target price of RMB 27.36. Tongwei shares will be upgraded to overweight with a target price of RMB 39.53.
Beijing successfully sold the first unlimited land plot since the price limit, with a transfer amount of 11.054 billion yuan. On December 12, the R2 second-class residential land of the land development project for shantytown renovation in Wanquansi Village, Fengtai District, Beijing was successfully sold at the reserve price, with a transfer amount of 11.054 billion yuan, which is also the first unlimited land plot sold in Beijing since the price limit in 2021. It is worth mentioning that this plot is the third plot with a total price exceeding 10 billion besides the old transformation of Jiuxianqiao in Chaoyang+the shed transformation of Sunheqian Weigou Group+the plot 0017 in Chaoyang Park North District of Zhongguancun, and the plot of Jiuxianqiao+shibalidian+xiaohongmen Group. (CSI Taurus)Canada's stock index closed up 0.6% on the day when the central bank cut interest rates, Brazil's real rose over 1% on the day when the central bank raised interest rates, and Canada's S&P /TSX composite index closed up 0.60% at 25,657.70 points, approaching the closing record high of 25,691.80 points on December 6 and the intraday record high of 25,843.20 points on December 9. Small-cap stocks closed up 0.74% at 847.15 points. In late North America on Wednesday (December 11th), the yield of Canada's 10-year benchmark government bonds rose by 6.7 basis points to 3.085%. The yield of debt increase in the two-year period rose by 5.3 basis points to 2.941%. After the US CPI inflation data was released at 21:30 Beijing time, the refresh rate was as low as 2.827%. After the Bank of Canada announced a 50 basis point interest rate cut at 22:45, it pulled back steeply from 2.84% to 2.960% at 03:06. The yield of five-year debt increase rose by 6.1 basis points to 2.891%. Mexico Composite Index closed down 0.17%, while Mexican peso rose 0.11% against the US dollar. The index of Sao Paulo Stock Exchange in Brazil closed up 1.06% to 130,000 points, and since it rose to a record high of 137,000 points on August 28th, it has been continuously and smoothly adjusted back. The Brazilian real rose by 1.43% against the US dollar, and it was reported at R $5.9647 before the Brazilian central bank raised interest rates by 100 basis points and predicted that it would raise interest rates in the next two times.The situation in Syria has turned around? The airport in Damascus will be reopened after lifting the curfew. On the 11th local time, the Syrian "Sharm Liberation Organization" announced the lifting of the curfew in the capital Damascus since the 8th, and called on the Syrian people to return to work. On the same day, the person in charge of Damascus International Airport said that the airport will be reopened in "the next few days" and flights can be resumed quickly. (CCTV News)
Sunac China's domestic debt restructuring has entered a critical stage. "Sunac China has a large number of domestic creditors and a complex structure. Within seven working days, two domestic debt restructurings were approved, reflecting the creditors' recognition of the plan. " People close to Sunac China said. "The biggest feature of Sunac China's restructuring plan is that creditors can choose a variety of restructuring methods, and creditors can choose the appropriate method according to their own capital characteristics." Liu Shui, director of enterprise research at the China Central Finger Research Institute, said that the scheme can reduce the debt scale, greatly extend the debt repayment period, help to repair the company's balance sheet and create conditions for the improvement of the company's operating fundamentals. It is understood that Sunac China is one of the first real estate enterprises in the industry to propose an overall solution to domestic debt. Before that, the industry had experienced a series of debt-conversion explorations such as debt extension, debt restructuring, reverse mixed reform and bankruptcy restructuring, among which debt extension was the first choice for most real estate enterprises to convert debt. (Securities Daily)The onshore RMB closed at 7.2615 yuan against the US dollar at night, down 124 points from Tuesday's night closing. The turnover was $57.609 billion.Israeli air strikes in southern Lebanon killed five people. On the 11th, Lebanese health authorities said that Israeli air strikes in southern Lebanon that day had caused five deaths. On the same day, the Lebanese military issued a statement saying that a fierce exchange of fire was observed between the Israeli army and Hezbollah in southern Lebanon near the temporary border between Lebanon and Israel. In this regard, the Israeli army and Hezbollah have not responded for the time being.
Strategy guide
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Strategy guide 12-14
Strategy guide 12-14
Strategy guide
12-14
Strategy guide 12-14
Strategy guide 12-14
Strategy guide