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Adobe stock rebounds on improved AI outlook

Adobe stock is on the rebound after its Q4 report showed the software firm is making progress with its AI strategy.
Adobe Inc. is a leading creative software provider with a strong balance and consistent revenue growth, supported by a solid short-term catalyst through the use of new 'Firefly' AI products. However, ...
Adobe’s stock soared after a strong earnings report last week — where executives touted the success of its “commercially safe” generative AI image generation platform Adobe Firefly. They say Firefly ...
Adobe's Q3/24 results show solid performance, with 10.6% YoY revenue growth and 23.3% YoY increase in diluted net income per share. Despite high growth rates, Adobe's stock remains a "Hold" due to its ...