It has been almost two years since I published my last article about Adobe Inc. (NASDAQ: ADBE ) and in my last article I claimed that Adobe was still not a "Buy" and wrote in my conclusion: My analysis is focused on high-quality companies, that can outperform the market over the long-run due to a competitive advantage (economic moat) and high levels of defensibility. Focused on European and North American companies, but without constraints regarding market capitalization (from large cap to small cap compani ...

Software stocks have taken off in the second half of 2024. The iShares Expanded Tech Software Sector ETF ( IGV ) has not only turned significantly higher since the middle of the year, but it has Freelance Financial Writer | Investments | Markets | Personal Finance | RetirementI create written content used in various formats including articles, blogs, emails, and social media for financial advisors and investment firms in a cost-efficient way. My passion is putting a narrative to financial data. Working with ...

Adobe Systems (ADBE) ended the recent trading session at $516.20, demonstrating a +0.05% swing from the preceding day's closing price. This move lagged the S&P 500's daily gain of 0.25%. Meanwhile, the Dow lost 0.29%, and the Nasdaq, a tech-heavy index, added 0.97%.Shares of the software maker have appreciated by 6.86% over the course of the past month, outperforming the Computer and Technology sector's gain of 0.06% and the S&P 500's gain of 3.51%.The upcoming earnings release of Adobe Systems will be of g ...

Though the risk-on attitude that has emerged in the back half of 2024 has lifted the stock market to new all-time highs, not every major growth stock has been a beneficiary. Investors still seem to be chasing companies with true AI tailwinds, andWith combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He has been a regu ...

Advertisement Adobe reports record $7.9 billion in online spending on Black Friday so far, up 8.2% from 2023.Adobe expects final online Black Friday numbers to be between $10.7 and $11 billion.Inflation and high credit card debt make consumers cautious, yet spending remains resilient.Americans continued to spend on Black Friday after strong Thanksgiving sales numbers, even despite inflation concerns.Adobe's initial Black Friday e-commerce data reveals consumers spent $7.9 billion online this Black Friday t ...

Toshkent, Uzbekistan, Nov. 27, 2024 (GLOBE NEWSWIRE) -- Exciting news for all video editing enthusiasts! VSDC Video Editor has just released its 9.3 update and we are sure, it’s something you won’t want to miss! With all the existing features that have already made it a favorite: free access to a completely full range of tools and effects, a comprehensive set of features like color correction, chroma keying, the masking tool and AI-powered segmentation, an intuitive interface, optimized performance for smoo ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Let's take a look at what these Wall Street heavyweights have to say about Adobe Systems (ADBE) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Adobe currently has an avera ...

Adobe (ADBE) shares have declined 19.4% in the trailing 12 months, underperforming the broader Zacks Computer & Technology sector’s return of 32.9% and the Zacks Computer Software industry’s appreciation of 16.9%. ADBE suffers from a challenging macroeconomic environment, which has negatively impacted the Digital Media segment, and intensifying competition in the generative AI (Gen AI) space.However, Adobe’s prospects are expected to benefit from a strong demand for its creative products. Its Creative Cloud ...

U.S. stock markets have been witnessing an impressive rally since the beginning of 2023 barring some minor hurdles. Wall Street’s bull run has got an added boost this year, to the surprise of a large section of financial pandits, who indiscriminately warned of overvaluation. Year to date, the three major stock indexes — the Dow, the S&P 500 and the Nasdaq Composite — have advanced 14.7%, 24.8%, and 28.6%, respectively. Despite this strong northbound movement, a long list of stocks significantly lagged this ...

The latest trading session saw Adobe Systems (ADBE) ending at $499.51, denoting a -0.77% adjustment from its last day's close. The stock trailed the S&P 500, which registered a daily gain of 0.39%. Elsewhere, the Dow saw a downswing of 0.13%, while the tech-heavy Nasdaq appreciated by 0.6%.The software maker's shares have seen an increase of 1.71% over the last month, surpassing the Computer and Technology sector's gain of 0.59% and the S&P 500's gain of 1.06%.Investors will be eagerly watching for the perf ...