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2024-06-17 12:09:04 ET The Federal Trade Commission on Monday said it is taking action against Adobe ( NASDAQ: ADBE ) and two of its executives over the software maker’s subscription plans practices.... Read the full article on Seeking Alpha For further detai...
2024-06-17 10:39:52 ET Summary The iShares MSCI ACWI ETF owns a portfolio of 2,400 large-cap and mid-cap stocks. ACWI has shown strong returns since 2022 but lags behind other funds like iShares MSCI World ETF and the S&P 500 index. ACWI's long-term return is inferior to t...
2024-06-17 10:33:05 ET More on Adobe Adobe: Q2 Was Good, But Needs Revenue Acceleration To Drive Further Upside Adobe: Quality At A Digestible Premium Adobe: The Early Stage Of GenAI Monetization (Rating Downgrade) Notable analyst calls this week: ADBE, ORCL ...
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...
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...
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...
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...
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...
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 ...
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...
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2024-07-20 16:14:00 ET Companies at the forefront of artificial intelligence innovations can see rapid swings in their share prices. Stocks can zoom higher on strong earnings, and that momentum can carry the stock for weeks or months. It's extremely tempting to wait for a pullback in the sh...
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 ...