MARKET COMPOSITE
ADBE - Adobe Inc7:07:26 PM 4/25/2024
Price
$473.28
-3.84 (-0.80%)
Adobe Inc. is an American multinational computer software company. Incorporated in Delaware and headquartered in San Jose, California, it has historically focused upon the creation of multimedia and creativity software products, with a more recent foray into digital marketing software. Adobe is best known for its Adobe Flash web software ecosystem, Photoshop image editing software, Adobe Illustrator vector graphics editor, Acrobat Reader, the Portable Document Format , and Adobe Creative Suite, as well as its successor Adobe Creative Cloud. Adobe was founded in December 1982 by John Warnock and Charles Geschke, who established the company after leaving Xerox PARC to develop and sell the PostScript page description language. In 1985, Apple Computer licensed PostScript for use in its LaserWriter printers, which helped spark the desktop publishing revolution.
Financials
Quarterly financials
(USD)Mar 2024Q/Q
Revenue5.2B+3%
Gross Profit4.6B+4%
Cost Of Revenue590MM-7%
Operating Income907MM-48%
Operating Expenses3.7B+38%
Net Income620MM-58%
G&A352MM-5%
Marketing1.4B-1%
Amortization84MM-8%
Interest Expense27MM-4%
Stock Chart

Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from 

Finra

Moving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.

Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.

Stock news

    In this piece, we will take a look at the 12 best growth stocks to buy and hold in 2024. If you want to skip our overview of growth stocks and how they relate to the current stock market environment, then you can take a look at the 5 Best Growth Stocks to Buy and […]

    In this piece, we will take a look at the 13 best ethical companies to invest in 2024. If you want to skip our overview of ESG stocks, then you can take a look at 5 Best Ethical Companies to Invest in 2024. The relationship of the corporate sector with the well-being of the general […]

    Adobe on Tuesday showed how it continues to advance the state of the art in generative artificial intelligence for creative professionals.

    Firefly, Adobe's family of generative AI models, doesn't have the best reputation among creatives. The Firefly image-generation model in particular has been derided as underwhelming and flawed compared to Midjourney, OpenAI’s DALL-E 3, and other rivals, with a tendency to distort limbs and landscapes and miss the nuances in prompts. But Adobe is trying to right the ship with its third-generation model, Firefly Image 3, releasing this week during the company's Max London conference. The model, no

    I recently dropped Adobe, Qualcomm, and Unity from my portfolio.

    Adobe said on Tuesday it plans to place a tool for full artificial intelligence image generation in its Photoshop software later this year. Adobe's image and video editing tools are widely used by creative professionals, but it faces rising competition from startups such as Microsoft-backed OpenAI, Midjourney and Stability AI, all of which offer services that can generate images from text prompts. Adobe is developing its own image-generation AI system called Firefly, which is trained on data t...

    Recently, Zacks.com users have been paying close attention to Adobe (ADBE). This makes it worthwhile to examine what the stock has in store.

    Amid hype over artificial intelligence and ChatGPT, the best AI stocks generate sales or get a strategic edge from the fast maturing technology.

    (Reuters) -Adobe said on Tuesday it plans to place a tool for full artificial intelligence image generation in its Photoshop software later this year. Adobe's image and video editing tools are widely used by creative professionals, but it faces rising competition from startups such as Microsoft-backed OpenAI, Midjourney and Stability AI, all of which offer services that can generate images from text prompts. Adobe is developing its own image-generation AI system called Firefly, which is traine...

    LONDON, April 23, 2024--Adobe is taking MAX, the world's largest creativity conference, on the road to new markets around the world with the first stop in London to share major product releases and engage with the creative community. Today, Adobe (Nasdaq: ADBE) unveiled the future of creativity and AI with groundbreaking AI innovations and features that expand creativity for all. Every creator and business around the world is focused on building their brand and engaging their audiences through c