Adobe Stock: Buy, Sell, or Hold?
Adobe(ADBE) The Motley Fool·2024-06-21 11:15
Artificial intelligence is both an opportunity and a potential risk for this digital media giant.Shares of Adobe (ADBE 0.13%) rallied sharply following a better-than-expected second-quarter earnings report, sending shares to a three-month high.The update helped brush aside some market fears that the digital media software giant may be losing its step amid the emergence of competing artificial intelligence (AI) applications representing a threat to its core business. The stock is still down about 13% in 2024 ...