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ADBE News and Press, Adobe Inc. From 06/17/24

Stock Information

Company Name: Adobe Inc.
Stock Symbol: ADBE
Market: NASDAQ
Website: adobe.com

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ADBE - Is Adobe Stock an Excellent Investment?

2024-06-17 09:50:00 ET Fool.com contributor Parkev Tatevosian reviews Adobe 's (NASDAQ: ADBE) latest earnings results. *Stock prices used were the afternoon prices of June 13, 2024. The video was published on June 15, 2024. Continue reading For further detail...

ADBE - Adobe Reimagines PDFs by Integrating Adobe Firefly into Acrobat and Adding Support for Chat Across Multiple Documents in Acrobat AI Assistant

Adobe brings new Firefly-powered features designed to be commercially safe into Acrobat – allowing customers to easily generate and edit stunning visuals directly in PDFs Acrobat AI Assistant supercharges productivity with support for multiple documents and enables customers to ask...

ADBE - Adobe: Q2 Was Good, But Needs Revenue Acceleration To Drive Further Upside

2024-06-17 08:22:34 ET Summary Adobe reported its Q2 FY24 earnings where revenue and earnings grew 11% and 11.9% YoY respectively, beating estimates as it drove robust innovation across its solution suites. Aside from a suite of AI features, it also rolled its Firefly Services and...

ADBE - Adobe: Quality At A Digestible Premium

2024-06-17 08:00:00 ET Summary In light of reporting a double beat for Q2 FY2024, Adobe's stock came back to life late last week, reversing most of its year-to-date losses in one fell swoop. While its post-ER bounce has left Adobe stock trading at a sizeable premium, ADBE's long-t...

ADBE - Will Adobe Be Worth More Than Apple by 2030?

2024-06-17 04:40:00 ET Adobe 's (NASDAQ: ADBE) stock price soared nearly 15% on June 14 after the cloud software giant posted its latest earnings report. For the second quarter of fiscal 2024, which ended on May 31, its revenue increased 10% year over year to $5.31 billion and excee...

ADBE - Indexes Are Inching Higher With A Narrowing Set Of Stocks, What Now?

2024-06-16 22:28:06 ET Summary In my caution last week I did some mild hedging with minimal losses, hedging is a form of insurance. It is best executed before an event that could roil stocks. Being bullish doesn't mean blind loyalty to your stocks, but rather a focus on facts and ...

ADBE - Adobe: The Early Stage Of GenAI Monetization (Rating Downgrade)

2024-06-16 19:00:00 ET Summary Adobe's stock rallied 15% after 2Q FY2024 earnings, but revenue outlook is below market consensus, showing weak growth rebound. Despite strong growth in RPO, company's AI monetization plan has not significantly boosted top-line growth and billings, w...

ADBE - Adobe: The Inflection Has Likely Arrived

2024-06-16 08:30:00 ET Summary Adobe Inc. stock experienced a surge last week as investors were too pessimistic. Adobe is a creative software behemoth that is well-primed to deepen its dominance further. Smaller AI startups face business model sustainability challenges, which ...

ADBE - Soaring Adobe Stock Could Still Climb About 33%, According to 1 Wall Street Analyst. Is It Time to Buy?

2024-06-16 05:56:00 ET Shares of Adobe (NASDAQ: ADBE) shot about 14% higher on June 14. Investors were responding to a positive fiscal fourth-quarter earnings report. Adobe's latest round of results suggests the software giant has what it needs to monetize generative artificial ...

ADBE - Tech had all the attention in this quiet earnings week - Earnings Scorecard

2024-06-15 14:45:00 ET Read the full article on Seeking Alpha For further details see: Tech had all the attention in this quiet earnings week - Earnings Scorecard

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