Adobe (ADBE US) Entering Generative AI Era Adobe is a leading creativity and document SaaS platform, with >80%/>20% share of the global graphic processing/document processing software market, based on Statista data. As of Feb 2024, there were c.3tn Adobe-generated PDFs in the world and over 1.5bn monthly visits to Adobe's webs and apps. The company provides both individuals and enterprises with Creative/Document/Experience Cloud services, which unleash their creativity, accelerate document productivity, and ...

Ever since social media was created, our lives have been continuously getting interconnected with each other as well as the internet. A number of social media platforms now have over a billion users and are actively researching and implementing ways to make its platform engaging with users. From texting friends and family members who live across the world to providing platforms where businesses can conduct digital advertisement, the applicability of social media has also evolved over the years. Recently, ma ...

PANW, ADBE, and CRM are recovering from post-earnings plunges from earlier in the yearAlthough there's no specific catalyst, cloud-based software providers making outsized moves today. Three names in particular; Palo Alto Networks Inc (NASDAQ:PANW), Adobe Inc (NASDAQ:ADBE), and Salesforce Inc (NYSE:CRM), are all on the uptrend after suffering steep drops after recent earnings reports. PANW is up 5.4% to trade at $343.09, its highest level since a massive post-earnings bear gap of 28.4% on Feb. 21. The share ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________________________ FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended May 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 0-15175 ADOBE INC. (Exact name of registrant as specified in its charter) __________________________ ...

Machine learning stocks are doing well in 2024, led by the astronomical 145% growth of Nvidia (NASDAQ:NVDA), but there are other opportunities to explore apart from Nvidia in the machine-learning market, with a potential size of $79.3 billion in 2024 and 36% growth between 2024 and 2030, reaching $503.4 billion by 2030.North America is the biggest market for machine learning, thanks in part to the country’s favorable policy trends. The 2023 National AI Research and Development Strategic Plan stresses workin ...

We AreInvestors were given a lot of reasons to celebrate the performance of the stock market in H1 supported by steady earnings growth in Q1 with 79% of companies topping estimates, and a resilient US economy despite the inverted yield curve, which often signals an incoming recession. Instead of recessionary fears, the S&P 500 (SP500) is hovering near an all-time high with a year-to-date return of 14.9%, driven largely by the AI-centric narrative, in which 10 companies alone are responsible for 71% of t ...

The trade in technology stocks is growing volatile. The shares of microchip and semiconductor companies, which had led the market higher in this year’s first half, are selling off as we near the end of June. At the same time, several other well-known technology stocks are in the red this year. Whether due to disappointing earnings, competitive threats or being viewed as overvalued and expensive, several tech stocks are down right now and missing out on the bull run in equities. Shrewd investors will see the ...

OpenAI has already changed the tech industry in big ways. Indeed, this technology has even started to impact blue-collar sectors after ChatGPT came out. That said, it has now been more than a year and a half since ChatGPT’s release. And while there have been better and better AI chatbots being released, you’d be forgiven for thinking that the AI magic is starting to wear off. People are no longer surprised by what AI can do these days.I think that could change once OpenAI releases its Sora text-to-video AI ...

The creator economy is an ecosystem surrounding content creators on platforms like YouTube and TikTok, who monetize their content through sponsorships, affiliate marketing, subscription models, merchandise sales and more. It’s a burgeoning new industry caused by the rapid rise in digital media consumption and the various monetization methods made possible in recent years. In fact, over 50% of the Generation Z surveyed said they want to be content creators; it’s a job that has been ridiculed in the past but ...

AI helped power results in the quarter.Shares of Adobe (ADBE 2.01%) rebounded after the maker of creative software programs such as Photoshop reported solid revenue growth for its fiscal second quarter. Despite the solid post-earnings gains, the stock is still down about 12% year to date.Let's take a closer look at the company's most recent quarterly results and guidance and whether it is too late to buy the stock.Solid revenue growthAdobe solidly grew its fiscal Q2 revenue by 10% to $5.31 billion topping t ...