Adobe Cut to Hold From Buy by Deutsche Bank
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Where is the next AI Trade? Morgan Stanley: Discover Alpha from the 'AI Diffusion Rate'.
Analysts believe that the diffusion rate of AI will continue to drive excess returns, with the Software Sector potentially outperforming the Semiconductors Sector due to the widespread adoption of AI agents. As the diffusion rate increases, the Financial Sector may present significant trading opportunities similar to those of AI Electric Power.
Express News | Adobe Inc : Deutsche Bank Cuts Target Price to $475 From $600
Deutsche Bank Downgrades Adobe(ADBE.US) to Hold Rating, Cuts Target Price to $475
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USA holiday season e-commerce sales soared to a record-breaking $241.4 billion, with discounts, promotions, and AI shopping assistants being the main drivers.
According to Adobe, during the 2024 holiday shopping season, total e-commerce sales in the USA increased by 8.7% year-on-year to reach 241.4 billion USD, setting a new historical high. More than half of the total spending was concentrated on electronics, outfits, and Housewares, while groceries and Cosmetic became the fastest-growing categories. AI shopping assistants and significant discounts were the key factors driving holiday shoppers' Consumer behavior.
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Express News | Benzinga Market Summary: NVIDIA Falls As Market Digests CES Announcements, S&P Slides As Yields Gain Following Economic Data, Gold And Silver Rise, Adobe Analytics Data Show Record Holiday Sales
AI's Journey to NOW: S4's Monks and Adobe Take the C Space Stage at CES 2025 to Deliver What's Next
Holiday E-Commerce Sales Hit Record, Adobe Says. AI Chatbots Are Taking Off. -- Barrons.com
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Adobe Analyst Ratings
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RainFocus' Latest Data Integration Solution With Adobe Enables Better Alignment Between Sales and Marketing and Events
Majority Believe That Generative AI Enhanced Shopping Experience: Adobe Analytics Data
Online Holiday Spending Rises Nearly 9%, as Deep Discounts and AI-powered Chatbots Fuel Purchases, Adobe Data Says
Adobe: Holiday Shopping Season Drove a Record $241.4 Billion Online and Rising 8.7% YoY