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Adobe Brings Conversational AI to Trillions of PDFs with the New AI Assistant in Reader and Acrobat
Businesswire· 2024-02-20 14:00
SAN JOSE, Calif.--(BUSINESS WIRE)--Today, Adobe (Nasdaq:ADBE) introduced AI Assistant in beta, a new generative AI-powered conversational engine in Reader and Acrobat. Deeply integrated into Reader and Acrobat workflows, AI Assistant instantly generates summaries and insights from long documents, answers questions and formats information for sharing in emails, reports and presentations. AI Assistant is bringing generative AI to the masses, unlocking new value from the information inside the approximately 3 ...
This stock could profit handsomely from AI videos
Finbold· 2024-02-19 14:10
As the age of artificial intelligence gains more traction, we see new developments every day, with advancements from OpenAI and Google that aim to present users with new solutions.Recently, OpenAI introduced its new text-to-video program based on AI, called Sora, which will allow users to convert their ideas from written to video form, and it has already proven to be a huge step forward, as it demonstrates new examples daily.However, it might not be OpenAI that reaps the biggest rewards from its new additio ...
Could DocuSign Become the Next Adobe?
The Motley Fool· 2024-02-17 13:10
DocuSign (DOCU -2.50%) was one of the market's hottest tech stocks in 2021. The e-signature service leader's shares closed at a record high of $310.05 that September, marking a 969% gain from its IPO price in 2018.At the time, DocuSign's business was firing on all cylinders, its billings growth was accelerating as the pandemic drove more companies to adopt its digital signatures, and the bulls blissfully ignored its rising valuations. But today DocuSign's stock trades at about $50. Its stock dropped as its ...
Software Stock's Pullback Presents Attractive Entry Point
Schaeffers Research· 2024-02-14 17:16
Shares of technology powerhouse Adobe Inc (NASDAQ:ADBE) are 0.6% higher to trade at $605.25 this afternoon. The stock has so far shed 2.4% in February, taking its year-to-date lead dangerously close to breakeven. However, ADBE is still 59.8% higher in the last 12 months, with support stemming from a moving average that has proven to be bullish time and again.According to Schaeffer's Senior Quantitative Analyst Rocky White, the equity is trading within one standard deviation of its 100-day moving average, af ...
Here's Why Adobe Systems (ADBE) Fell More Than Broader Market
Zacks Investment Research· 2024-02-13 23:46
In the latest trading session, Adobe Systems (ADBE) closed at $601.89, marking a -1.63% move from the previous day. The stock fell short of the S&P 500, which registered a loss of 1.37% for the day. Meanwhile, the Dow experienced a drop of 1.35%, and the technology-dominated Nasdaq saw a decrease of 1.8%.Shares of the software maker witnessed a gain of 2.56% over the previous month, trailing the performance of the Computer and Technology sector with its gain of 8.88% and the S&P 500's gain of 5.1%.Investors ...
Adobe Systems (ADBE) Rises Higher Than Market: Key Facts
Zacks Investment Research· 2024-02-07 23:50
Adobe Systems (ADBE) closed the most recent trading day at $615.85, moving +1.43% from the previous trading session. The stock's change was more than the S&P 500's daily gain of 0.82%. Meanwhile, the Dow gained 0.41%, and the Nasdaq, a tech-heavy index, added 0.95%.Coming into today, shares of the software maker had gained 3.57% in the past month. In that same time, the Computer and Technology sector gained 10.9%, while the S&P 500 gained 5.59%.The upcoming earnings release of Adobe Systems will be of great ...
7 Blue-Chip Stocks to Buy on the Dip: February 2024
InvestorPlace· 2024-02-06 00:57
Blue-chip stocks to buy offer greater stability and long-term certainty than smaller equities. These stocks are optimal for buy-and-hold investors. However, investors who monitor the stock market will notice dips from time to time. While dips can cause some investors to panic, savvy individuals recognize these blue-chip stocks to buy dips as buying opportunities. Accumulating shares at discounts can lower your cost basis and increase your potential returns.Investors seeking resilient companies with less ris ...
Adobe Stock's Breather Could Be Short-Lived
Schaeffers Research· 2024-02-05 19:54
Adobe Inc (NASDAQ:ADBE) stock is down 1.1% at $628.06 at last check, but in the previous session hit a two-year high of $638.25, after long-time support at its 100-day moving average contained its January pullback to the $566 region. ADBE could soon extend its 65.4% nine-month lead, too, if past is precedent. The stock is sporting historically low implied volatility (IV), which coincides with the security's recent highs to make up a bullish combination. Per Schaeffer's Quantitative Analyst Rocky White, ther ...
Why Adobe Systems (ADBE) is a Top Stock for the Long-Term
Zacks Investment Research· 2024-02-02 15:31
Here at Zacks, we offer our members many different opportunities to take full advantage of the stock market, as well as how to invest in ways that lead to long-term success.The Zacks Premium service, which provides daily updates of the Zacks Rank and Zacks Industry Rank; full access to the Zacks #1 Rank List; Equity Research reports; and Premium stock screens like the Earnings ESP filter, makes these more manageable goals. All of the features can help you identify what stocks to buy, what to sell, and what ...
Adobe Systems (ADBE) Beats Stock Market Upswing: What Investors Need to Know
Zacks Investment Research· 2024-02-01 23:50
Adobe Systems (ADBE) closed at $627.91 in the latest trading session, marking a +1.64% move from the prior day. The stock exceeded the S&P 500, which registered a gain of 1.25% for the day. Meanwhile, the Dow gained 0.97%, and the Nasdaq, a tech-heavy index, added 1.3%.The software maker's shares have seen an increase of 8.04% over the last month, surpassing the Computer and Technology sector's gain of 2.42% and the S&P 500's gain of 1.58%.The upcoming earnings release of Adobe Systems will be of great inte ...