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Oracle (ORCL) Stock Trades Down, Here Is Why
StockStory54d agoneutral
Oracle (ORCL) Stock Trades Down, Here Is Why

Shares of enterprise software giant Oracle (NYSE:ORCL) fell 5% in the afternoon session after a confluence of high-profile AI talent departures from Alphabet, and a regulatory overhang pulled the entire communication-services and software complex lower. Alphabet fell roughly 6%. Microsoft slipped as well. When the two largest software-adjacent megacaps decline together, the sector indices follow mechanically given their index weight. But the deeper driver was the market's persistent fear that AI

Prime Day Is Almost Here. It’s a Test of Amazon’s AI Strategy.
Barrons.com54d agoneutral
Prime Day Is Almost Here. It’s a Test of Amazon’s AI Strategy.

Amazon.com’s upcoming Prime Day will be a litmus test for the kind of boost agentic shopping tools can have on the e-commerce company moving forward. Prime Day is a sales event for Amazon Prime members. This year, Prime Day will run from June 23 to June 26, giving members four days to check out deals on a laundry list of items, including clothes, electronics, beauty products, and more.

Is Adobe 'Dogfooding' Scenario Paying Off?
MediaPost54d agoneutral
Is Adobe 'Dogfooding' Scenario Paying Off?

Adobe has significantly expanded its digital marketing and ad ecosystem, deploying advanced agentic AI, generative media optimization and programmatic search visibility tools.

Sorry, Dr. Burry. I’d Rather Own Nvidia at a Premium Than Adobe at a Discount
24/7 Wall St.54d agoneutral
Sorry, Dr. Burry. I’d Rather Own Nvidia at a Premium Than Adobe at a Discount

Michael Burry may have made one of the greatest trades of all time when he bet against the housing market in the wake of the Great Financial Crisis. Still, Dr. Burry isn’t someone to follow into or out of stocks, even if he has been more willing to share his moves and reasons for making ... Sorry, Dr. Burry. I’d Rather Own Nvidia at a Premium Than Adobe at a Discount

Citi Cuts PT on Adobe Inc. (ADBE)
Insider Monkey54d agobearish
Citi Cuts PT on Adobe Inc. (ADBE)

Adobe Inc. (NASDAQ:ADBE) is one of the best AI software stocks to buy according to hedge funds. Citi cut the price target on Adobe Inc. (NASDAQ:ADBE) to $228 from $264 on June 12 and reaffirmed a Neutral rating on the shares, telling investors in a research note that the company reported “relatively solid” fiscal Q2 […]

Top Value Investor Says Adobe Stock Is ‘Very Compelling’ Despite AI Threat
24/7 Wall St.55d agoneutral
Top Value Investor Says Adobe Stock Is ‘Very Compelling’ Despite AI Threat

Value investor Tobias Carlisle made a contrarian case for Adobe (NASDAQ:ADBE) on a recent episode of The Investor’s Podcast, telling co-hosts Stig Brodersen and Hari Ramachandra that “I think the valuation’s very compelling” and pointing to a “big discount” and “a lot of buybacks” at the creative software giant. Carlisle’s pitch lands at a time ... Top Value Investor Says Adobe Stock Is ‘Very Compelling’ Despite AI Threat

Adobe (ADBE) Opens Its AI Tools For Free And Expands Into Commerce Media
Simply Wall St.55d agoneutral
Adobe (ADBE) Opens Its AI Tools For Free And Expands Into Commerce Media

Adobe (NasdaqGS:ADBE) is shifting to a freemium AI model across its creative tools, opening up access to more users. The company is rolling out creative AI agents within Firefly, Creative Cloud, Photoshop and Premiere to support content workflows. Adobe has launched Brand Visibility and GenStudio for Commerce Media Networks to address AI driven brand and commerce use cases. Adobe sits at the center of creative and marketing software, and its move into freemium AI comes as generative tools...

Citi resets Adobe stock price target
TheStreet57d agoneutral
Citi resets Adobe stock price target

Wall Street is adjusting its expectations for Adobe after the software giant delivered a mixed earnings report that raised more questions than it answered about the company's near-term growth trajectory. Citi analyst Tyler Radke lowered his price target on Adobe (ADBE) to $228 from $264, while ...

Michael Burry Just Backed Up the Truck on These 3 Undervalued Tech Stocks
24/7 Wall St.57d agoneutral
Michael Burry Just Backed Up the Truck on These 3 Undervalued Tech Stocks

Dr. Michael Burry of The Big Short fame might serve as a brilliant guide for an unprecedented AI hype-driven market environment. While the man has been known to be a bit early to some of his trades, including bearish bets against the iShares Semiconductor ETF (NASDAQ:SOXX), which has managed to move past its early-summer rough ... Michael Burry Just Backed Up the Truck on These 3 Undervalued Tech Stocks

Marvell Technology, Inc. (MRVL) Names Adobe’s Dan Durn as Finance Chief
Insider Monkey57d agoneutral
Marvell Technology, Inc. (MRVL) Names Adobe’s Dan Durn as Finance Chief

Marvell Technology, Inc. (NASDAQ:MRVL) is one of the 10 Best Photonic Computing Stocks to Buy Now. On June 11, Reuters reported that Marvell Technology, Inc. (NASDAQ:MRVL) named Dan Durn as chief financial officer, succeeding Willem Meintjes, with Durn set to start on June 15. Meintjes remains in an advisory role through April 2027. CEO Matt […]