ADBE News and Press, Adobe Inc.

2024-07-16 08:28:00 ET Summary The MSCI All Country World Index Net advanced 11.30% in the first half of 2024, one of its strongest performances since the late 1990s tech boom. Six "megacap" firms (Nvidia, Alphabet, Microsoft, Amazon, Meta, and Apple), benefiting from artificial i...

2024-07-16 07:50:00 ET Summary The S&P 500® Index advanced 15.29% in the first half of 2024, one of its strongest performances since the late 1990s tech boom. Six "megacap" firms (Nvidia, Alphabet, Microsoft, Amazon, Meta, and Apple), benefiting from artificial intelligen...

2024-07-15 03:12:51 ET Summary Adobe Inc. is a major player in the tech industry known for software like Photoshop and Acrobat. Short-term outlook shows recent stock performance, resistance at $580.55, and overbought RSI at 65.05. Medium-term outlook reveals strong support at ...

2024-07-12 11:06:41 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips It’s hard to think about selling a stock after the incredible first-half rally that’s beginning to carry into the second half. Undoubtedly, taking a bit of profit off the table wh...

2024-07-12 08:59:48 ET More on Adobe, Microsoft and others Snowflake: Fool Me Once, Fool Me Twice Adobe: AI Developments Galore Snowflake's Valuation Is Attractive Enough To Buy Microsoft in focus as BMO bumps price target on rising cloud expectations ...

2024-07-12 06:00:00 ET Artificial intelligence (AI) has been driving a lot of sales growth for businesses. But not every business has been booming. Up until recently, Adobe (NASDAQ: ADBE) had been a laggard among AI stocks. The tech company doesn't make chips, and its ...

2024-07-11 11:45:52 ET Summary We evaluate if Adobe's continued AI developments in Creative Cloud, Document Cloud, and Digital Experience segments have increased its competitiveness among its peers. We found that the company's partnerships with major tech companies have enhanced i...

2024-07-10 09:45:00 ET With the second quarter earnings season around the corner, technology ( NYSEARCA: XLK ), communication services ( NYSEARCA: XLC ) and energy ( NYSEARCA: XLE ) ETFs emerged as the highest-rated funds among the 11 S&P 500 ( SP500 ) sector...

2024-07-08 13:30:56 ET Summary Adobe is investing in new AI tools to enhance productivity in the digital space, leading to double-digit growth in its Digital Media segment. The majority of Adobe's revenues come from high-margin subscriptions, providing predictability and strong fr...

2024-07-07 23:40:18 ET Summary Q2 earnings season begins with banks reporting, expectations of 9% growth, and positive future guidance revisions. The Fed may cut rates sooner than I thought due to a weakening economy, rising unemployment rate, and falling GDP estimates. In the...