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- Adobe’s boost in earnings 🚀
Adobe’s boost in earnings 🚀
Q3 revenue: $5.99 billion, beating analyst expectations.
Welcome to SaaS Wire — your backstage pass to the hottest in software and services!
What we’ll cover today:
✨ Adobe’s $5B AI-powered ARR
📈 Klarna’s $17B NYSE debut
🤖 Mistral’s mega €1.7B funding
Adobe, the design software giant, beat Wall Street expectations this quarter with higher earnings and revenue, thanks to AI-powered products.
🚨Breaking News
Adobe’s quarterly earnings hit $5.31 per share, beating forecasts, with AI-driven revenue now surpassing $5 billion for the first time.
⚡Wire Simplified
Adobe’s Q3 revenue: $5.99 billion, beating analyst expectations.
Net income rose to $1.77 billion from $1.68 billion last year.
AI-powered revenue ARR jumped from $3.5B in 2024 to $5B+.
Guidance for Q4 earnings and revenue also higher than Wall Street predictions.
Still, Adobe stock is down 21% this year, lagging behind peers.
✔️Straight to the Point
Adobe’s AI bets are paying off in earnings, but investors remain cautious as the stock underperforms compared to other tech giants.
🎨 Do you think Adobe’s AI push will turn its stock around? |
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Europe’s tech scene is buzzing as Klarna goes public, Mistral raises big funding, and ElevenLabs doubles valuation.
🚨Breaking News
Klarna IPOed at $17B, Mistral raised €1.7B at €11.7B valuation, and ElevenLabs hit $6.6B in Europe’s big week.
⚡Wire Simplified
Klarna listed on NYSE at $45.82, worth $17B now (down from $45B peak in 2021).
Mistral’s €1.7B Series C funding led by ASML boosted its valuation to €11.7B.
ElevenLabs secondary round doubled valuation to $6.6B.
Europe’s investors see a “wave,” not a “renaissance,” in tech growth.
Fragmented regulations still slow scaling compared to the U.S. or Asia.
✔️Straight to the Point
Europe’s tech giants are gaining global spotlight again, but scaling hurdles mean the Silicon Valley of Europe dream is not reality yet.
European Series A firms are getting killed by US multi-stage firms.
And what is worse they are too asleep at the wheel to know it in real-time.
— Harry Stebbings (@HarryStebbings)
9:23 PM • Sep 11, 2025
The next decade in trends
- property costs will go up 10x in lucrative areas
-most young people will ditch college
- the number of programmers will go down by 10x
- polarization will increase as we outsource our work to AI and spend time on the internet
- distribution
— Bindu Reddy (@bindureddy)
9:44 PM • Sep 11, 2025
Grace Hopper Celebration 2025
The world’s largest gathering of women in technology, with career development, keynotes, networking, and a focus on diversity and inclusion in computing.
Date: November 4–7, 2025 | Location: Chicago, USA
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