Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock.That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.However, the task of finding cutting-edge growth stocks is made easy with the help of the Z ...

Adobe is well-positioned to be a market leader in the new age of AI-infused creativity.Adobe (ADBE -1.25%) shares shot up 14.5% last Friday after the company reported strong second-quarter results and boosted its full-year 2024 guidance. Adobe had been one of the poorer-performing stocks in the S&P 500 index. And even after Friday's gain, it is still down 12% in 2024.Here's why Adobe could be turning the corner and why the growth stock is worth buying now. A new narrativeAdobe stock sold off heavily in Marc ...

Since OpenAI launched ChatGPT in November 2022, the AI thesis has lifted many technology stocks. However, software stocks have recently faced the perfect storm as investors price in the risk of AI disruption. Due to uncertainty, investors are throwing out the baby with the bathwater, presenting some cloud computing stocks to buy now.Over the past three months, the iShares Expanded Tech-Software Sector ETF (BATS:IGV) is down 3%, while the S&P 500 is up over 5%. The underperformance is due to the risks AI cou ...

It’s easy to fall under the notion that ESG stocks – that is, enterprises that prioritize environmental, social and governance-related directives – will somehow generate less stakeholder profits than enterprises that aren’t so generous. After all, why would a company investing in doing the right thing be better off than those cutting corners?It’s simple, straightforward logic – and it could also be dead wrong. For example, thought leaders like McKinsey laid out several reasons why ESG stocks could profit fr ...

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 ...

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 ...

Investment Rating - The investment rating for the company is "Buy" (maintained) [3] Core Insights - In Q2 2024, the company reported total revenue of $5.309 billion, a year-on-year increase of 10.2%, with adjusted profit reaching $2.441 billion, up 12.0% year-on-year [1][2] - The Digital Media segment generated revenue of $3.908 billion in Q2, reflecting an 11.3% year-on-year growth, while the Document Cloud revenue grew by 18.7% to $0.782 billion [1] - The company has accelerated its AI monetization process, with the launch of Firefly 3 and the introduction of low-code and no-code access models [1][2] - The Document Cloud's ARR net growth was $1.65 billion, a significant increase of 42.2% year-on-year, driven by the launch of Acrobat AI Assistant [2] - The company expects Q3 revenue to be between $5.33 billion and $5.38 billion, with full-year guidance for 2024 set at $21.4 billion to $21.5 billion [1][2] Financial Performance Summary - For Q2 2024, the adjusted net profit attributable to the parent company was $2.023 billion, up 12.8% year-on-year [1] - The company projects revenue growth of 10.9% for 2024, with expected revenues of $21.517 billion in 2025 and $23.985 billion in 2026 [4][6] - The adjusted net profit for 2024 is estimated at $8.157 billion, with a year-on-year growth of 10.6% [6]

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 ...

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, ...

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 ...