ADBE Jun 2024 460.000 call
| Previous close | 39.45 |
| Open | 32.20 |
| Bid | 32.15 |
| Ask | 32.45 |
| Strike | 460.00 |
| Expiry date | 2024-06-21 |
| Day's range | 32.15 - 32.40 |
| Contract range | N/A |
| Volume | |
| Open interest | 95 |
Insider MonkeyPolen Capital Trimmed Adobe (ADBE) on Valuation Concerns
Polen Capital, an investment management company, released its “Polen Focus Growth Strategy” first quarter 2024 investor letter. A copy of the same can be downloaded here. The US stock market started 2024 optimistically. In the first quarter, the fund returned 8.29% (gross) and 8.09% (net) compared to 11.41% for the Russell 1000 Growth Index and […]
- Yahoo Finance Video
Adobe is bringing generative AI to more of its products
Adobe (ADBE) is releasing a number of new AI features for its products. For example, the Acrobat AI Assistant is available as an add-on feature to Acrobat for $4.99 a month. The company has also announced new generative AI tools for its Premiere Pro and exploring new partnerships with OpenAI. With so many new products and features, how are consumers expected to keep up and actually implement these features into their workflow? Adobe Digital Media Business President David Wadhwani joins Market Domination to discuss the new slate of releases from Adobe, its impact on the company, and what consumers can expect going forward. Wadhwani elaborates on how users of these new products have been directly interacting with Adobe's gen AI products to improve workflows: "They're generating more content and publishing more content to social as an example... We have incredible innovation that is really about generative AI and capabilities like text to video or text to document or text to image, but, more importantly, we're actually taking that capability and integrating it into your workflows that you're doing already every day. " For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino
ZacksIs It Worth Investing in Adobe (ADBE) Based on Wall Street's Bullish Views?
The average brokerage recommendation (ABR) for Adobe (ADBE) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?
