Adobe: The Inflection Has Likely Arrived

JHVEPhoto Adobe Inc. (NASDAQ:ADBE) investors received a much-needed respite last week as the creative software company reported its earnings. Adobe's second fiscal-quarter earnings release brushed aside the market's pessimism, as Adobe posted a beat-and-raise quarter. I provided a bullish ADBE update in March 2024, highlighting why pessimism in ADBE could have peaked. However, ADBE buyers were nowhere to be found as the downward volatility continued in earnest. Salesforce's (CRM) disappointing guidance  ...