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Adobe is having a terrible month
Business Insider· 2024-06-18 09:30
By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewAdobe spent the first half of June addressing user fury around its terms of use. Before the controversy ful ...
My Top Artificial Intelligence (AI) Stock to Buy Now (and It's Not Nvidia)
The Motley Fool· 2024-06-18 08:15
Adobe is monetizing AI in the enterprise-software space.Artificial intelligence (AI) demands increased computing power, which has been a boon for technology infrastructure and semiconductor companies like Nvidia. These companies benefit from the need to run complex AI models no matter where they come from.Enterprise-software companies like Adobe (ADBE -1.25%) are challenged because they have to prove AI is worth investing in. In other words, users need to like and pay for what Adobe is building. The company ...
奥多比:24Q2业绩超预期,AI货币化进程加快
华安证券· 2024-06-18 05:31
[Table A_S dto ock bN eam(eR Ap DtTy Bpe E] ) 公司研究/美股点评 24Q2 业绩超预期,AI 货币化进程加快 [T投 a资 ble评 _R级 a: nk增 ] 持(维持) 主要观点: 报告日期: 2024-06-18 ⚫[ T2a0b2l4eQ_2S业um绩ma:ry ] 2024Q2,公司总营收达 53.09 亿美元,同比+10.2%;调整后利润为 [收Ta盘bl价e_(Ba美se元D)at a] 518.7 24.41 亿美元,同比+12.0%;经调整归母净利润为 20.23 亿美元,同比 近12个月最高/最低(美元) 638.3/434.0 +12.8%。分部看,数字媒体二季度营收为 39.08 亿美元,同比+11.3%。 总股本(百万股) 448 其中,创意云收入为 31.26 亿美元,同比+9.6%;文档云收入为 7.82 亿 流通股本(百万股) 447 流通股比例(%) 99.8 美元,同比+18.7%。数字体验二季度营收13.27亿美元,同比+8.6%。 总市值(亿美元) 2,324 指引方面,公司给出三季度收入 53.3-53.8 亿美元;数字媒体 ...
US sues Adobe for hiding termination fees and making it difficult to cancel subscriptions
TechCrunch· 2024-06-17 17:08
The U.S. Department of Justice has filed a lawsuit against Adobe alleging that the company deceives consumers by hiding the early-termination fee and making it difficult for people to cancel their subscriptions.In the complaint filed on Monday, the DOJ wrote that “Adobe has harmed consumers by enrolling them in its default, most lucrative subscription plan without clearly disclosing important plan terms.” The government says Adobe pushed consumers toward the “annual paid monthly” subscription without infor ...
Adobe sued by US government over subscription plan disclosures
Proactiveinvestors NA· 2024-06-17 16:38
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
Feds sue Photoshop owner Adobe over subscription plans, hefty termination fees
New York Post· 2024-06-17 16:11
The US government on Monday sued Adobe, accusing the maker of Photoshop and Acrobat of harming consumers by enrolling them in its most lucrative subscription plans without clearly disclosing important terms.In a complaint filed in the San Jose, Calif., federal court, the Federal Trade Commission said Adobe failed to adequately disclose hefty early termination fees, sometimes reaching hundreds of dollars, when customers sign up for “annual, paid monthly” subscription plans.The government said Adobe hides imp ...
Adobe (ADBE) Reliance on International Sales: What Investors Need to Know
ZACKS· 2024-06-17 15:36
Have you evaluated the performance of Adobe Systems' (ADBE) international operations for the quarter ending May 2024? Given the extensive global presence of this software maker, analyzing the patterns in international revenues is crucial for understanding its financial strength and potential for growth.In the modern, closely-knit global economic landscape, the capacity of a business to access foreign markets is often a key determinant of its financial well-being and growth path. Investors now place great im ...
Is Adobe Stock an Excellent Investment?
The Motley Fool· 2024-06-17 13:50
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Adobe. The Motley Fool has a disclosure policy.Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...
Software isn't Dead: 3 SaaS Stocks to Buy on the Dip
Investor Place· 2024-06-17 13:22
SaaS stocks to buy remain timeless picks for savvy investors. As the business world pivots from on-premise solutions to cloud-based services, the allure of SaaS stocks is undeniable. However, while the SaaS sector continues to grow at a heartening pace, it’s also fiercely competitive. Many have tried and failed to solidify their positioning in the software space, making it imperative to back the right companies to capitalize on the burgeoning trend. That said, the article discussed three of the top SaaS sto ...
Adobe: Q2 Was Good, But Needs Revenue Acceleration To Drive Further Upside
Seeking Alpha· 2024-06-17 12:22
David Tran Introduction & Investment Thesis Adobe (NASDAQ:ADBE) drives creativity, productivity, and digital experiences through its Creative Cloud, Document Cloud, and Experience Cloud offerings. The company has underperformed the indices YTD, although jumping 14.5% after its latest Q2 FY24 earnings, where it grew its revenue and earnings by 11% and 11.9% YoY, respectively, beating estimates. While investor sentiment was subdued before the earnings call, its Q2 report showcased strength across its solu ...