As we advance further into the digital age, augmented reality (AR) continues to emerge as a pivotal technology reshaping numerous industries. The AR market is ripe for significant growth.
Despite the AI-dominated tech rally over the past year, Adobe (NASDAQ: ADBE ) has been a laggard in the industry. The stock is down by more than 11% year-to-date and 3.0% over the past twelve months.
The recent market pullback saw the 3rd highest market volatility in recorded history, with some companies falling over 30% in a few days. This creates incredible opportunities for blue-chip bargain-hunting for smart investors who know where to look. This article highlights five blue-chip bargains in five categories: high-yield, deep value, hyper-growth, highest quality, and lowest price/earnings/growth ratio (growth at a reasonable price).
There's flip side of the market's nasty summer decline. We've identified a handful of beaten-up stocks to buy, including Amazon, Nvidia, AMD, and Adobe.
Adobe (ADBE) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
ServiceNow helps companies manage many internal processes. Adobe is the industry standard for creative software.
Amid the choppiness on Wall Street, tech darlings are in the spotlight this earnings season. Similarly, the leading software company Adobe (NASDAQ: ADBE ), known for its products like Photoshop, Illustrator and Acrobat, has also been volatile.
On July 24, the stock market showed its first signs of instability this year. The Nasdaq composite dipped 3.6% in one day due to a broad selloff of the tech industry.
Tech stocks have consistently been in the spotlight over the past couple of years, driving the bulk of the market's bullish rally with remarkable advancements in AI, in particular, fueling innovation and growth. As we move further into Q3, tech stocks are expected to remain highly popular, bolstered by the sector's robust growth despite the still somewhat shaky macroeconomic environment.
Nvidia continues to have a long runway of growth helping build out the infrastructure needed to run AI. Alphabet is set to benefit from AI both in its search and cloud computing businesses.
It's been a hot summer for much of the country, but it's getting frosty if you're in the technology sector. Traders are starting to rotate out of overvalued tech stocks as they believe that lower interest rates may make some other sectors more attractive.
In the latest trading session, Adobe Systems (ADBE) closed at $532.15, marking a +0.21% move from the previous day.