Adobe Inc. (ADBE)
Amazon Prime Day Kicks Off With $7.2 Billion In E-Commerce Spending: Adobe
U.S. e-commerce spending reached $7.2 billion during the first day of Amazon Prime Day, according to estimates from Adobe.
US online sales hit $7.2 bln on first day of Amazon Prime Day event, Adobe says
Shoppers spent about $7.2 billion online across retailers during the first day of Amazon's Prime Day in the United States, according to a report from Adobe Analytics on Wednesday.
Adobe's Chart Paints A Rosy Picture, But We Should Be Cautious (Technical Analysis)
Adobe Inc. is a major player in the tech industry known for software like Photoshop and Acrobat. Short-term outlook shows recent stock performance, resistance at $580.55, and overbought RSI at 65.05. Medium-term outlook reveals strong support at $434, resistance at $638.25, and stock price above key moving averages.
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It's hard to think about selling a stock after the incredible first-half rally that's beginning to carry into the second half. Undoubtedly, taking a bit of profit off the table while you're up may be a wise idea, especially if you're uneasy over slightly higher valuation multiples.
Earnings Growth & Price Strength Make Adobe Systems (ADBE) a Stock to Watch
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This Underrated Artificial Intelligence (AI) Stock Is Picking Up Steam
Adobe's stock recently made a bullish crossover, which could attract more investors. The company is coming off a strong quarter where it posted better-than-expected results on both its top and bottom lines.
3 of the Best Stock Buybacks So Far in 2024
An article from MarketBeat about recent stock buybacks and share repurchase plans by large-cap companies such as Adobe (NASDAQ: ADBE ) and FedEx (NYSE: FDX ) got me thinking about the best stock buybacks of 2024. According to S&P Dow Jones Indices, there were $236.8 billion in stock buybacks for S&P 500 companies in 2024's first quarter, up 8.1% from Q4 2023, and 9.9% from Q1 2023.
3 Overhyped AI Stocks the Smart Money Is Fleeing Fast
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7 Stocks to Buy if You Want to Beat the Market in 2024
The stock market has shown remarkable resilience in the first half of 2024, with the S&P 500 and Nasdaq hitting record highs despite economic uncertainty. Chipmakers and AI-related companies have been standout market-beating stocks.
Adobe (ADBE) Boosts Generative AI Solutions With Content Hub
Adobe (ADBE) makes Adobe Content Hub with AEM Assets generally available.
Adobe: Ride The Winning Generative AI Play
Adobe has delivered double beat FQ2'24 earnings call while raising the FY2024 guidance, naturally warranting the tremendous rally post earnings call. It is apparent by now that the SaaS company continues to boast a robust moat while growing ARRs and monetizing AI across its multi-modal offerings, target audiences, and platforms. Despite so, the ADBE stock is still inherently discounted compared to its historical means and its peers, triggering an opportunistic long-term capital appreciation prospects.
