Cris hill and montleyfull look at the stock market reaction to adobe's earnings report. Adobe cut their forecast because they are expecting a hit to their business, specifically their business in russia and bellarus. Shares of adobe are down eight, nine % to day. This is on a day whena a decent number of nastack stocks are down. But i'm not reading too much into what they're saying about russia and bellerus. It's not that big.
Offering guidance to Wall Street analysts can be a tricky proposition. There are downsides to being either too vague or too specific. (00:22) Tim Beyers discusses: - Adobe's 1st-quarter results and the $75 million hit to its business in Russia and Belarus - How worried Okta's corporate customers should be - Why no one should expect Okta's public communications on its recent security breach to be highly detailed
(14:56) Ricky Mulvey talks with Alicia Hammond about the psychological forces that encourage you to sell, and some actionable ways to make calmer, better decisions about your money.
Stocks: ADBE, OKTA, SHOP
Host: Chris Hill Guests: Tim Beyers, Ricky Mulvey, Alicia Hammond Engineer: Tim Sparks
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