Adobe Q2: Strong AI Positions In Firefly

David Tran I upgraded Adobe Inc. (NASDAQ:ADBE) to "Strong Buy" in my previous article published in March 2024. I argued that AI is not an enemy, but an ally. The company released its Q2 result on June 13th after the bell, delivering 11% revenue growth and 15% EPS growth. Adobe has been investing in AI training for its Firefly platform, and applying it to its flagship solutions including Photoshop, Illustrator, Lightroom and Premiere. I continue to trust Adobe is well positioned to capture the growth in  ...