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Zacks News
San Jose California-based Adobe Inc. is one of the largest software companies in the world. Adobe picks up licensing fees from customers, which form the bulk of its revenue. The company also offers technical support and education, which account for the balance. The company operates through three segments. The Digital Media solutions segment enables small businesses and enterprises to create highly compelling content, deliver it across diverse media through smartphones, tablets, e-readers, and other devices, and then optimize it through systematic targeting and measurement.
Is Adobe (ADBE) a Buy as Wall Street Analysts Look Optimistic?
by Zacks Equity Research
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?
Dow Up 3 Straight Sessions, Nasdaq Leads on Tesla Upgrade
by Mark Vickery
Tesla's potential half-trillion-dollar gain in market value on the company's Dojo supercomputer is leading the stock higher +10% on the day.
SAP to Acquire LeanIX to Expand Business Solutions' Portfolio
by Zacks Equity Research
SAP adds that LeanIX acquisition will aid in expanding its solutions' portfolio and provide customers with end-to-end solutions needed for uninterrupted business transformation.
GoPro (GPRO) Rolls Out New HERO12 Black Camera: Key Takeaways
by Zacks Equity Research
GoPro (GPRO) notes that HERO12 Black camera features high dynamic range (HDR) video in 5.3K and 4K resolution coupled with enhanced HyperSmooth 6.0 video stabilization.
Garmin (GRMN) Boosts Marine Offerings With its New Radars
by Zacks Equity Research
Garmin (GRMN) launches two new magnetron dome radars, namely the GMR 18 xHD3 and the GMR 24 xHD3.
Sonos (SONO) Unveils Next-Generation Portable Move Speaker
by Zacks Equity Research
Sonos (SONO) adds that the new speaker delivers up to 24 hours of battery life, which is double the playback time of the original Move speaker.
Carrier (CARR) Adds New Heat Pumps to Its HVAC Offerings
by Zacks Equity Research
Carrier (CARR) launches AquaForce and AquaSnap, a new line of high-temperature air and water source heat pumps.
Are Computer and Technology Stocks Lagging American Superconductor (AMSC) This Year?
by Zacks Equity Research
Here is how American Superconductor (AMSC) and Adobe Systems (ADBE) have performed compared to their sector so far this year.
Is Vident U.S. Equity Strategy ETF (VUSE) a Strong ETF Right Now?
by Zacks Equity Research
Smart Beta ETF report for VUSE
Verint Systems (VRNT) Misses Q2 Earnings and Revenue Estimates
by Zacks Equity Research
Verint (VRNT) delivered earnings and revenue surprises of -18.64% and 6.90%, respectively, for the quarter ended July 2023. Do the numbers hold clues to what lies ahead for the stock?
Software Stocks & ETFs: The Next Big AI Opportunity?
by Neena Mishra
Software stocks could be big beneficiaries of increased AI adoption
Ericsson (ERIC) Designs a New Sustainable Packaging Solution
by Zacks Equity Research
Ericsson (ERIC) adds that these new inserts will bring down plastic content of the entire packaging to less than one percent compared with 20% earlier.
Cadence (CDNS) Gains From Healthy Consumer Demand Trends
by Zacks Equity Research
Cadence's (CDNS) performance is being driven by solid customer demand for its diversified product portfolio. Frequent product launches and strategic collaborations are tailwinds.
The Zacks Analyst Blog Highlights Berkshire Hathaway, Adobe, Alibaba Group Holding, Blackstone and Mitsubishi UFJ Financial Group
by Zacks Equity Research
Berkshire Hathaway, Adobe, Alibaba Group Holding, Blackstone and Mitsubishi UFJ Financial Group are part of the Zacks top Analyst Blog.
Adobe Systems (ADBE) Gains As Market Dips: What You Should Know
by Zacks Equity Research
Adobe Systems (ADBE) closed the most recent trading day at $564.88, moving +0.3% from the previous trading session.
Top Research Reports for Berkshire Hathaway, Adobe & Alibaba
by Sheraz Mian
Today's Research Daily features new research reports on 16 major stocks, including Berkshire Hathaway Inc. (BRK.B), Adobe Inc. (ADBE) and Alibaba Group Holding Limited (BABA).
Garmin (GRMN) Expands Smartwatch Offerings With Venu 3 Series
by Zacks Equity Research
Garmin (GRMN) unveils a series of premium multisport GPS smartwatches, namely Venu 3 and Venu 3S, to boost its smartwatch offerings.
SAP Focuses on Cloud Operations to Drive Top-Line Growth
by Zacks Equity Research
SAP's cloud efforts have received a major push with the launch of the "Rise with SAP" solution.
Vishay (VSH) Enhances its Opto Capabilities With New Devices
by Zacks Equity Research
Vishay (VSH) introduces three infrared sensor modules for remote control systems in a bid to boost its optoelectronics portfolio.
Nutanix (NTNX) Rises 12% on Q4 Earnings Beat, Strong Guidance
by Zacks Equity Research
Nutanix (NTNX) delivers strong growth in ACV billings in fourth-quarter fiscal 2023, primarily driven by higher demand for its hybrid multi-cloud software solutions.
Carrier (CARR) Boosts Fire & Security Offering With Latest Deal
by Zacks Equity Research
Carrier's (CARR) Onity collaborates with Storable to enhance its passport self-storage locking solutions.
Pure Storage (PSTG) Q2 Earnings Beat, Revenues Rise Y/Y
by Zacks Equity Research
Pure Storage's (PSTG) Q2 performance is driven by a strong uptake of the FlashBlade portfolio (including FlashBlade//E) and Evergreen//One offering amid macroeconomic weakness.
Magnite (MGNI) and SpringServe Support FAST Ad Management
by Zacks Equity Research
Magnite (MGNI), along with SpringServe, now provides FAST ad management support for Virgin Media TV services.
Caterpillar and Foot Locker have been highlighted as Zacks Bull and Bear of the Day
by Zacks Equity Research
Caterpillar and Foot Locker are part of the Zacks Bull and Bear of the Day article.
Want to Capitalize on the AI Boom? Bet on These 3 Stocks Right Away
by Nilanjan Banerjee
A lot is going to change in the coming years with the advancement in AI, creating opportunities for NVIDIA (NVDA), Amazon.com, Inc. (AMZN) and Adobe Inc. (ADBE).