Waiting for a pullback on this high-flying stock could end up costing you.Companies at the forefront of artificial intelligence innovations can see rapid swings in their share prices. Stocks can zoom higher on strong earnings, and that momentum can carry the stock for weeks or months. It's extremely tempting to wait for a pullback in the share price when that happens, but waiting could cost you.One recent example of an AI stock that's soared higher in a short period of time is Adobe (ADBE -1.05%). Shares tr ...

Adobe’s (ADBE) investors have been enjoying some short-term gains from the stock of late. Its shares have rallied 17.7% in the past three months, outperforming the Zacks Computer-Software industry’s return of 6.8% and the S&P 500’s 10.4% growth.The company is significantly benefiting from its strong generative AI capabilities. Its expanding AI-powered product portfolio has been a key catalyst in driving its top-line growth. The solid momentum of its family of creative, generative AI models, Firefly, which h ...

Believe it or not, quite a few cloud stocks out there don’t cost a small fortune to punch your ticket to. Several enterprise and consumer cloud companies haven’t yet felt the generative artificial intelligence (gen AI) tailwind all too strongly, especially versus the likes of your average semiconductor heavyweight. And it’s unclear if they will anytime soon, with infrastructure software spending markedly softer than hardware spend.As top hardware companies become fully priced, investors looking for “deals” ...

Key TakeawaysE-commerce spending at U.S. retailers on Tuesday, the first day of Amazon's Prime Day sales event, reached $7.2 billion, Adobe Analytics said.Tuesday's total made it the busiest day of online shopping so far this year, Adobe said.Adobe projects that the two-day event would drive $14 billion in spending this year. Online spending at U.S. retailers hit $7.2 billion as Amazon's (AMZN) Prime Day kicked off Tuesday, according to an analysis by Adobe Analytics. That made it the largest e-commerce day ...

hapabapa Introduction Adobe Inc. (NASDAQ:ADBE) (NEOE:ADBE:CA) is a major player in the tech industry, known for software like Photoshop and Acrobat. Primarily, Adobe's business model is as a "SaaS" or "software as a service," where users pay Adobe subscription fees in return for access to their software suite. In this article, we'll take a close look at Adobe's recent stock performance and its technical foundations. We'll analyze its short and medium-term outlook using technical analysis and valuation metri ...

Investing in tech stocks can be a complex task. This is especially true when identifying which companies have the most potential for considerable returns. In 2024, three companies were marked as highly undervalued yet fundamentally solid. These companies are thriving through strategic innovations and solid financial health. Understanding why these tech giants are undervalued and their potential is required to capitalize on emerging AI market trends.To begin with, the first company is making headlines with i ...

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.That said, with numerous firms seizing AI opportunities, profit-takers may also face considerable risk of missing out on upside. Indeed, the FOMO mentality can get many gain-seeking investors into deep trouble.However, as long as ...

Shares of Adobe are flying since the company released earnings last month.Artificial intelligence (AI) has been driving a lot of sales growth for businesses. But not every business has been booming. Up until recently, Adobe (ADBE -1.23%) had been a laggard among AI stocks. The tech company doesn't make chips, and its sales haven't been tripling like they have for other businesses experiencing a flurry of demand. But its popular photo-editing software Photoshop is a must-have for many who are serious about p ...

Toshkent, Uzbekistan, July 10, 2024 (GLOBE NEWSWIRE) -- As the groundbreaker in video editing software, VSDC proudly launches Version 9.2, an update that redefines industry standards and leaves no place for other players in the market. Packed with powerful features, this update will revolutionize your projects. By adding AI-powered Segmentation, VSDC Cloud, over 300 new transitions, and much more, VSDC 9.2 is set to transform your video editing experience. https://www.youtube.com/watch?v=JCtIpg9xb2k Downloa ...

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. Of the hundreds of companies in the index, 352 reported at least $5 million in share repurchases during the first quarter, down fro ...