Short interest for Adobe gives investors a sense of the degree to which investors are betting on the decline of Adobe's stock. Short interest data is updated every two weeks.

Adobe Stock (NASDAQ:ADBE), Short Interest Report

Adobe

Adobe provides content creation, document management, and digital marketing and advertising software and services to creative professionals and marketers for creating, managing, delivering, measuring, optimizin,g and engaging with compelling content multiple operating systems, devices, and media. The company operates with three segments: digital media content creation, digital experience for marketing solutions, and publishing for legacy products (less than 5% of revenue).

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IBM CEO Arvind Krishna has forecasted a significant shift in the use of AI by enterprises, noting that the technology will drive tangible business results. This comes as the company&#39;s AI bookings surpass the $1 billion mark.

IBM CEO Arvind Krishna Teams Up With Nvidia &#39;To Accelerate Clients&#39; AI Journeys&#39; Amid $1B In Bookings

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Tommy Tuberville is one of the most active traders as a member of Congress. Here&#39;s a look at what he recently bought and sold.

Tommy Tuberville Trades Raise Eyebrows Again: Senator Sells Put Options, Buys Small Biotech Linked To Ukraine-Russia War

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Adobe Inc (NASDAQ: ADBE) developing AI model for generating video content, competing with OpenAI and Google. To be integrated into Premiere Pro.

Adobe&#39;s Latest AI Innovation Promises a New Era for Video Content Creation

Adobe Inc

Deep-pocketed investors have adopted a bullish approach towards Adobe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in ADBE usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 23 extraordinary options activities for Adobe. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 73% leaning bullish and 21% bearish. Among these notable options, 9 are puts, totaling $585,859, and 14 are calls, amounting to $589,902.
<h3>What's The Price Target?</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $170.0 to $540.0 for Adobe during the past quarter. 
<h3>Analyzing Volume &amp; Open Interest</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Adobe's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Adobe's whale activity within a strike price range from $170.0 to $540.0 in the last 30 days. 
<h3>Adobe Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1714495553_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>ADBE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$38.05</td>
<td>$37.1</td>
<td>$37.1</td>
<td>$450.00</td>
<td>$148.4K</td>
<td>1.3K</td>
<td style="text-align: right;">163</td>
</tr>
<tr>
<td>ADBE</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/18/26</td>
<td>$131.0</td>
<td>$128.05</td>
<td>$130.0</td>
<td>$470.00</td>
<td>$117.0K</td>
<td>9</td>
<td style="text-align: right;">2</td>
</tr>
<tr>
<td>ADBE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$38.05</td>
<td>$37.1</td>
<td>$37.1</td>
<td>$450.00</td>
<td>$111.3K</td>
<td>1.3K</td>
<td style="text-align: right;">123</td>
</tr>
<tr>
<td>ADBE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$36.95</td>
<td>$36.6</td>
<td>$36.95</td>
<td>$450.00</td>
<td>$66.5K</td>
<td>1.3K</td>
<td style="text-align: right;">44</td>
</tr>
<tr>
<td>ADBE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$38.05</td>
<td>$37.0</td>
<td>$37.1</td>
<td>$450.00</td>
<td>$63.0K</td>
<td>1.3K</td>
<td style="text-align: right;">190</td>
</tr>
</tbody>
</table>

<h3>About Adobe</h3>
Adobe provides content creation, document management, and digital marketing and advertising software and services to creative professionals and marketers for creating, managing, delivering, measuring, optimizin,g and engaging with compelling content multiple operating systems, devices, and media. The company operates with three segments: digital media content creation, digital experience for marketing solutions, and publishing for legacy products (less than 5% of revenue).
Following our analysis of the options activities associated with Adobe, we pivot to a closer look at the company's own performance.
<h3>Current Position of Adobe</h3>
<ul>
<li>With a volume of 714,649, the price of ADBE is down -0.68% at $469.83. </li>
<li>RSI indicators hint that the underlying stock may be approaching oversold.</li>
<li>Next earnings are expected to be released in 44 days.</li>
</ul>
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Adobe options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Unpacking the Latest Options Trading Trends in Adobe

IBM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>) CEO Arvind Krishna has forecasted a significant shift in the use of AI by enterprises, noting that the technology will drive tangible business results. This comes as the company&#8217;s AI bookings surpass the $1 billion mark.
What Happened: Krishna, during the Q1 2024 Earnings Call, highlighted the increasing importance of technology in the global economy, particularly in driving productivity and enhancing customer experience.
The CEO also emphasized the growing traction of enterprise AI, with more clients expected to transition from experimenting to deploying AI at scale for productivity gains. IBM&#8217;s AI offerings have seen consistent growth, with a book of business exceeding $1 billion, primarily driven by consulting services.
Krishna emphasized key partnerships driving AI and hybrid cloud growth, including collaborations with NVIDIA Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) and ServiceNow Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>) to enhance AI capabilities and digital transformation. The Adobe partnership expanded to include OpenShift and watsonx in the Adobe Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) Experience platform.
&#8220;This quarter, we&#8217;ve progressed strategic partnerships with a number of industry leaders, consulting joint forces with NVIDIA to accelerate clients&#8217; AI journeys,&#8221; Krishna said. 
IBM&#8217;s comprehensive AI strategy, centered around the watsonx platform, is designed to help clients scale AI. The platform enables clients to build their AI solutions, incorporating both IBM and third-party models. The company&#8217;s infrastructure segment is also playing a crucial role as clients utilize their hardware investments in their AI strategies.
See Also: <a href="https://www.benzinga.com/news/24/04/38339431/general-motors-and-ford-are-facing-the-same-challenge-as-they-run-back-to-gas-powered-trucks?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">General Motors And Ford Are Facing The Same Challenge As They Run Back To Gas-Powered Trucks</a>
IBM&#8217;s full-stack approach, from on-chip AI processing to AI accelerator cards, is designed to facilitate model building and training on any platform, with easy deployment on IBM Z. The Telum chip, a unique feature, enables real-time AI inferencing.
IBM is also committed to an open innovation ecosystem around AI, with recent collaborations with the Spanish government and other industry leaders. The company continues to invest in emerging technologies, such as quantum computing, and is focused on portfolio optimization.
Why It Matters: IBM&#8217;s Q1 2024 earnings call comes on the heels of a <a href="https://www.benzinga.com/news/earnings/24/04/38416255/ibm-q1-earnings-revenue-miss-eps-beat-hashicorp-acquisition-ai-strategy-strength-and-more">revenue miss</a> but an EPS beat, as the company reported a 1% YoY increase in revenue to $14.46 billion. The company&#8217;s AI strategy and strength are seen as crucial factors amid this financial performance.
IBM&#8217;s focus on AI is not new. The company has been actively involved in the AI space, from advocating for open AI models to <a href="https://www.benzinga.com/news/23/12/36085130/meta-ibm-and-over-50-ai-companies-join-forces-in-open-ai-advocacy-initiative">joining forces</a> with over 50 AI companies and research institutions in an open AI advocacy initiative. This commitment to AI is now reflected in the company&#8217;s Q1 performance and its future outlook.
IBM Price Action: <a href="https://www.benzinga.com/quote/IBM" target="_blank" rel="noreferrer noopener">IBM shares</a> were down 8.47% after hours at $168.51 at the time of publication, according to <a href="https://benzinga.grsm.io/gxjhpowx7zks" target="_blank" rel="noreferrer noopener">Benzinga Pro</a>.
Read Next: <a href="https://www.benzinga.com/news/earnings/24/04/38416273/meta-platforms-q1-earnings-highlights-facebook-owner-beats-estimates-but-guidance-higher-costs-ding?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Meta Platforms Q1 Earnings Highlights: Facebook Owner Beats Estimates, But Guidance, Higher Costs Ding Stock</a>
Image Courtesy: World Economic Forum/Manuel Lopez
This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.<a href="https://benzinga.com/apis" target="_blank" rel="noreferrer noopener"></a>

IBM CEO Arvind Krishna Teams Up With Nvidia 'To Accelerate Clients' AI Journeys' Amid $1B In Bookings

Deep-pocketed investors have adopted a bearish approach towards Adobe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in ADBE usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 13 extraordinary options activities for Adobe. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 15% leaning bullish and 53% bearish. Among these notable options, 7 are puts, totaling $349,653, and 6 are calls, amounting to $699,791.
<h3>Predicted Price Range</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $430.0 to $630.0 for Adobe during the past quarter. 
<h3>Insights into Volume &amp; Open Interest</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Adobe's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Adobe's whale activity within a strike price range from $430.0 to $630.0 in the last 30 days. 
<h3>Adobe Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1713981680_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th style="text-align: right;">Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>ADBE</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>05/17/24</td>
<td>$13.35</td>
<td>$13.0</td>
<td>$13.2</td>
<td>$475.00</td>
<td>$528.0K</td>
<td style="text-align: right;">236</td>
<td style="text-align: right;">15</td>
</tr>
<tr>
<td>ADBE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/17/24</td>
<td>$155.6</td>
<td>$153.6</td>
<td>$154.89</td>
<td>$630.00</td>
<td>$108.4K</td>
<td style="text-align: right;">7</td>
<td style="text-align: right;">7</td>
</tr>
<tr>
<td>ADBE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$27.7</td>
<td>$27.05</td>
<td>$27.7</td>
<td>$430.00</td>
<td>$66.4K</td>
<td style="text-align: right;">356</td>
<td style="text-align: right;">24</td>
</tr>
<tr>
<td>ADBE</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/21/24</td>
<td>$30.15</td>
<td>$29.9</td>
<td>$29.96</td>
<td>$475.00</td>
<td>$44.9K</td>
<td style="text-align: right;">270</td>
<td style="text-align: right;">51</td>
</tr>
<tr>
<td>ADBE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$38.65</td>
<td>$37.95</td>
<td>$38.65</td>
<td>$460.00</td>
<td>$38.6K</td>
<td style="text-align: right;">500</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>

<h3>About Adobe</h3>
Adobe provides content creation, document management, and digital marketing and advertising software and services to creative professionals and marketers for creating, managing, delivering, measuring, optimizin,g and engaging with compelling content multiple operating systems, devices, and media. The company operates with three segments: digital media content creation, digital experience for marketing solutions, and publishing for legacy products (less than 5% of revenue).
<h3>Present Market Standing of Adobe</h3>
<ul>
<li>Trading volume stands at 1,048,460, with ADBE's price up by 1.1%, positioned at $478.09.</li>
<li>RSI indicators show the stock to be may be approaching oversold.</li>
<li>Earnings announcement expected in 50 days.</li>
</ul>
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Adobe with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Adobe Unusual Options Activity

Firefly Image 3 will bring massive advancements to quality and control to users. This includes higher-quality image generations, better understanding of prompts, new levels of detail and variety and significant improvements that enable fast creative expression and ideation.&nbsp;

General

Adobe Introduces Firefly Image 3 Foundation Model

Adobe's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NYSE">ADBE</a>) short percent of float has risen 10.43% since its last report. The company recently reported that it has 5.69 million shares sold short, which is 1.27% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.18 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Adobe Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1713809723_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Adobe has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Adobe's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Adobe's peer group average for short interest as a percentage of float is 4.47%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Trading Ideas

Looking Into Adobe's Recent Short Interest

Adobe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) has outperformed the market over the past 15 years by 8.83% on an annualized basis producing an average annual return of 21.22%. Currently, Adobe has a market capitalization of $212.35 billion. 
Buying $1000 In ADBE: If an investor had bought $1000 of ADBE stock 15 years ago, it would be worth $19,362.34 today based on a price of $473.99 for ADBE at the time of writing.
<h3>Adobe's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1713463281_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

If You Invested $1000 In This Stock 15 Years Ago, You Would Have $19,000 Today

U.S. Sen. Tommy Tuberville&#8216;s latest regulatory filing shows the sale of put options for Adobe Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>), Qualcomm Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>) and Applied Materials Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMAT#NASDAQ">AMAT</a>).
The trading activity of stocks and options by members of Congress continues to draw increased scrutiny, with potential conflicts of interest related to Congressional committees and the <a href="https://www.benzinga.com/topic/congress-trading">timing of trades made.</a>
The Adobe options are for a strike price of $500 and expiration date of Dec. 20, 2024. The filing indicates that four separate trades valued at $1,000 to $15,000 of Adobe options were made, <a href="https://www.quiverquant.com/congresstrading/politician/Tommy%20Tuberville-T000278">according </a>to Quiver Quant.
The Qualcomm options are for a strike price of $155 with an expiration date of Dec. 20, 2024. The transaction value of the trade was $15,000 to $50,000.
The Applied Materials options are for a strike price of $175 and an expiration date of Jan. 17, 2025. The transaction value of the trade was $1,000 to $15,000.
"BREAKING: Senator Tommy Tuberville is once again trading options," Unusual Whales <a href="https://twitter.com/unusual_whales/status/1780404471312396389">tweeted</a>. "He is literally trading companies which he legislates on, while having leveraged positions over them. Unusual."
The filing also showed the Alabama Republican once again bought shares of small biotech Humacyte Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HUMA#NASDAQ">HUMA</a>), with three transactions totaling amounts of $1,000 to $15,000; $1,000 to $15,000; and $15,000 to $50,000.
"BREAKING: Senator Tommy Tuberville has disclosed new purchase of Humacyte stock, $HUMA. It's a small biotech company that makes implantable human tissues. They've been testing their tech in Ukraine, treating combat injuries. Tuberville sits on the Armed Services Committee," Quiver Quant tweeted.
Congress Trades Create Conflict Of Interest Questions: <a href="https://www.benzinga.com/news/23/08/33880886/senators-perfect-timing-russian-war-linked-biotech-buy-raises-eyebrows-amid-trading-ban-debate">Benzinga previously shared</a> that trades involving Humacyte drew attention given the small-cap nature of the company and the fact that Tuberville serves on the Senate Armed Services Committee.
Humacyte collaborated with regulators, including the FDA in the U.S., to send its investigational HAV (Human Acellular Vessel) to Ukraine for humanitarian use.
The company said its HAV has been provided to hospitals in Ukraine and used to treat patients with critical injuries.
Tuberville has been <a href="https://www.benzinga.com/general/politics/24/03/37829749/senator-tommy-tubervilles-latest-2-stock-trades-attract-the-wrong-kind-of-attention-should-this-">flagged for unusual stock trading</a> in the past and remained one of the most active members of Congress buying and selling stocks and options.
A recent filing showed Tuberville buying stock in regional bank Southern States Bancshares Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSBK#NASDAQ">SSBK</a>). The CEO of the company is a donor to Tuberville's senate campaign.
A&nbsp;<a href="https://www.businessinsider.com/congress-stock-act-violations-senate-house-trading-2021-9#sen-tommy-tuberville-a-republican-from-alabama-2" target="_blank" rel="noreferrer noopener">report&nbsp;</a>from Business Insider said Tuberville was late in disclosing around 130 stock trades from January to May 2021.
A <a href="https://www.nytimes.com/interactive/2022/09/13/us/politics/congress-stock-trading-investigation.html" target="_blank" rel="noreferrer noopener">report </a>from the New York Times highlighted Tuberville bought or sold stock and options in 17 companies that had business in front of Senate committees on which he served.
Read More: <a href="https://www.benzinga.com/general/education/24/03/37549908/dartmouth-basketball-team-may-change-the-ncaa-forever-this-will-absolutely-kill-college-sports-">Dartmouth Basketball Team May Change The NCAA Forever: &#8216;This Will Absolutely Kill College Sports&#8217; Senator Says</a>
Tuberville&#8217;s Congress Trades: Tuberville is no stranger to <a href="https://www.benzinga.com/topic/tommy-tuberville">buying and selling stocks</a> while a member of Congress. The senator is one of the most active traders and buys and sells options sometimes, as per his disclosures.
The senator recently <a href="https://www.benzinga.com/gov-trades/members/tommy-tuberville">disclosed </a>several stock transactions, which included buying $15,000 to $50,000 in shares of Paramount Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PARA#NASDAQ">PARA</a>)(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PARAA#NASDAQ">PARAA</a>) and buying $15,000 to $50,000 in shares of Walgreens Boots Alliance (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBA#NASDAQ">WBA</a>).
Tuberville also disclosed selling shares of Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), JPMorgan Chase &amp; Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>), CSX Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSX#NASDAQ">CSX</a>) and Texas Instruments Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>).
Related Link: <a href="https://www.benzinga.com/general/politics/24/01/36459015/10-best-stock-traders-in-congress-in-2023-spoiler-nancy-pelosi-is-back-on-the-list">10 Best Stock Traders In Congress In 2023 (Spoiler: Nancy Pelosi Has Reentered The Chat)</a>
Photo: Shutterstock

Financial giants have made a conspicuous bullish move on Adobe. Our analysis of options history for Adobe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) revealed 47 unusual trades.
Delving into the details, we found 57% of traders were bullish, while 42% showed bearish tendencies. Out of all the trades we spotted, 23 were puts, with a value of $1,390,315, and 24 were calls, valued at $1,385,689.
<h3>What's The Price Target?</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $360.0 and $920.0 for Adobe, spanning the last three months.
<h3>Analyzing Volume &amp; Open Interest</h3>
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Adobe's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Adobe's whale trades within a strike price range from $360.0 to $920.0 in the last 30 days. 
<h3>Adobe Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1713386746_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>ADBE</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>06/21/24</td>
<td>$35.3</td>
<td>$34.9</td>
<td>$35.1</td>
<td>$490.00</td>
<td>$351.0K</td>
<td>1.4K</td>
<td style="text-align: right;">10</td>
</tr>
<tr>
<td>ADBE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$141.35</td>
<td>$139.05</td>
<td>$140.82</td>
<td>$360.00</td>
<td>$196.7K</td>
<td>63</td>
<td style="text-align: right;">14</td>
</tr>
<tr>
<td>ADBE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/21/24</td>
<td>$28.45</td>
<td>$28.35</td>
<td>$28.35</td>
<td>$480.00</td>
<td>$141.9K</td>
<td>328</td>
<td style="text-align: right;">302</td>
</tr>
<tr>
<td>ADBE</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/18/26</td>
<td>$46.0</td>
<td>$41.7</td>
<td>$42.2</td>
<td>$400.00</td>
<td>$126.6K</td>
<td>0</td>
<td style="text-align: right;">31</td>
</tr>
<tr>
<td>ADBE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>04/19/24</td>
<td>$3.6</td>
<td>$3.35</td>
<td>$3.35</td>
<td>$480.00</td>
<td>$97.7K</td>
<td>889</td>
<td style="text-align: right;">374</td>
</tr>
</tbody>
</table>

<h3>About Adobe</h3>
Adobe provides content creation, document management, and digital marketing and advertising software and services to creative professionals and marketers for creating, managing, delivering, measuring, optimizing and engaging with compelling content multiple operating systems, devices and media. The company operates with three segments: digital media content creation, digital experience for marketing solutions, and publishing for legacy products (less than 5% of revenue).
<h3>Adobe's Current Market Status</h3>
<ul>
<li>Trading volume stands at 2,031,990, with ADBE's price down by -0.37%, positioned at $474.45.</li>
<li>RSI indicators show the stock to be may be oversold.</li>
<li>Earnings announcement expected in 57 days.</li>
</ul>
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Adobe with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Adobe's Options: A Look at What the Big Money is Thinking

Adobe Inc&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) is developing an AI model capable of&nbsp;<a href="https://www.benzinga.com/news/24/04/38201081/whats-the-cost-of-training-generative-ai-with-videos-adobe-doles-out-money-for-acquiring-dataset" target="_blank" rel="noreferrer noopener">generating video content</a>, positioning itself in competition with other major players like OpenAI&#8217;s Sora and Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google&#8217;s Imagen 2 in the generative AI video technology field.&nbsp;
This new model is set to be integrated into Adobe&#8217;s flagship video editing software, Premiere Pro, later this year, expanding the Firefly family of generative AI products.&nbsp;
The model will facilitate the creation of footage from prompts or reference images and introduce three novel features in Premiere Pro: object addition, object removal, and generative extension, TechCrunch&nbsp;<a target="_blank" href="https://techcrunch.com/2024/04/15/adobes-working-on-generative-video-too/" rel="noreferrer noopener">reports</a>.&nbsp;
The features allow users to add or remove objects within video segments and extend clips by a few frames to enhance the final product, for example, by syncing with a soundtrack or adding emotional emphasis.
Addressing concerns about the potential misuse of AI tools to create deepfakes, Adobe plans to incorporate Content Credentials into Premiere to identify AI-generated content and the specific models used to make it.
 Reports suggest the company is paying creators on its Adobe Stock platform to contribute video clips to train the model.
Adobe also announced plans to integrate third-party tools from OpenAI, Runway, and Pika Labs into Premiere Pro, allowing users to generate and utilize video content directly within the software. 
By embracing these external AI technologies, Adobe aims to mitigate Wall Street&#8217;s concerns regarding the threat AI-generated content tools pose to its foundational business sectors, Reuters reports.
Prior reports indicated Adobe aggressively collecting videos to drive the development of its artificial intelligence text-to-video generator. The company tapped its community of photographers and artists, doling out $120 for footage showcasing a range of human activities and emotions.&nbsp;
Earlier at the Game Developers Conference, <a href="https://www.benzinga.com/news/24/03/37823241/adobes-latest-ai-features-transform-text-into-3d-textures-and-backgrounds-elevating-creative-workflo" target="_blank" rel="noreferrer noopener">the company launched</a> two innovative additions to its Substance 3D design software suite, empowering 3D artists to craft assets through mere text descriptions. 
The &#8220;Text to Texture&#8221; function within Substance 3D Sampler enables the creation of textures from text prompts. Furthermore, Adobe introduced the &#8220;Generative Background&#8221; tool in Substance 3D Stager, which generates background imagery for 3D settings from text descriptions. 
Adobe stock gained over 24% in the last 12 months. Investors can gain exposure to the stock via&nbsp;Invesco Next Gen Media And Gaming ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GGME#NYSE">GGME</a>) and&nbsp;Invesco Nasdaq Internet ETF&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PNQI#NASDAQ">PNQI</a>).
Price Action:&nbsp;ADBE shares closed lower by 0.84% at $470.10 on Monday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Image Source &#8211; Shutterstock

Adobe's Latest AI Innovation Promises a New Era for Video Content Creation

Broadcom Inc&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) is under scrutiny by EU antitrust regulators following complaints regarding changes to&nbsp;<a target="_blank" href="https://www.benzinga.com/news/24/04/38166462/broadcom-enhances-vmware-workloads-on-google-cloud-eyes-ai-driven-customer-solutions" rel="noreferrer noopener">VMware's licensing conditions</a>, the recently acquired cloud computing firm.&nbsp;
EU businesses and a trade group have voiced their concerns, prompting the European Commission to request information from Broadcom for investigation.&nbsp;
Allegations include sudden policy changes resulting in significant price hikes, re-bundling of licenses, restrictions on license reselling, and refusal to uphold security conditions for perpetual licenses, Reuters reports.
Also Read:&nbsp;<a target="_blank" href="https://www.benzinga.com/government/24/03/37911506/apple-meta-and-googles-alphabet-under-scrutiny-eu-launches-antitrust-probes" rel="noreferrer noopener">Apple, Meta, and Google's Alphabet Under Scrutiny, EU Launches Antitrust Probes</a>
Notably, the Belgian association Beltug and counterparts from France, the Netherlands, and Germany raised these issues with crucial EU figures last month.&nbsp;
The trade body CISPE, representing&nbsp;Amazon.Com Inc&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) and 26 European cloud providers, also lodged a complaint against Broadcom for unilaterally altering license terms for critical virtualization software.
In response to the backlash, Broadcom announced adjustments for VMware customers. CEO Hock Tan detailed these changes in a blog post, highlighting a significant VMware Cloud Foundation (VCF) price reduction to encourage adoption.&nbsp;
The updated pricing model aims to provide comprehensive cloud infrastructure and operations capabilities at a fraction of the previous cost, standardize pricing metrics across cloud providers, and facilitate easier transitions between cloud and on-premise data centers.&nbsp;
EU regulators have taken action against leading tech companies, levying hefty fines against entities like Google and Microsoft Corp for antitrust violations.&nbsp;Microsoft Corp&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) came under fire for allegedly leveraging its market dominance by bundling its Teams videoconferencing tool with the Office suite.&nbsp;
Furthermore, major financial deals, including Microsoft's $10 billion investment in OpenAI, the company behind ChatGPT, Amazon's $1.4 billion merger with&nbsp;IRobot Corp&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IRBT#NASDAQ">IRBT</a>), and&nbsp;Adobe Inc's&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) $20 billion acquisition of Figma, have all undergone scrutiny by EU officials.
Mizuho&nbsp;analyst Vijay Rakesh noted Broadcom (rated Buy with a price target of $1,625 ) is well positioned with 2024 opportunities with Networking and AI ramps and a strong position in Wireless. He noted its software segment could provide further operating leverage and drive even stronger FCF.
Broadcom stock gained 116% in the last 12 months. Investors can gain exposure to the stock via&nbsp;Pacer Funds Pacer Data And Digital Revolution ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRFK#NYSE">TRFK</a>) and&nbsp;Amplify ETF Trust Amplify Cybersecurity ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HACK#NYSE">HACK</a>).
Price Action:&nbsp;AVGO shares traded lower by 1.96% at $1,317.75 on the last check Monday.
Also Read:&nbsp;<a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38029253/nvidia-broadcom-lead-ai-charge-bofa-analyst-tips-amd-micron-as-emerging-contenders-" rel="noreferrer noopener">Nvidia, Broadcom Lead AI Charge: BofA Analyst Tips AMD, Micron as Emerging Contenders in Explosive Market Growth</a>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo via Shutterstock

Regulations

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Broadcom Succumbs to EU Antitrust Investigation Over VMware Licensing, Prompting Swift Pricing Strategy Revision

<ul>
<li>New Generative AI video tools coming to Premiere Pro this year will streamline workflows and unlock new creative possibilities, from extending a shot to adding or removing objects in a scene</li>
<li>Adobe is developing a video model for Firefly, which will power video and audio editing workflows in Premiere Pro and enable anyone to create and ideate</li>
<li>Adobe previews early explorations of bringing third-party generative AI models from OpenAI, Pika Labs and Runway directly into Premiere Pro, making it easy for customers to draw on the strengths of different models within the powerful workflows they use every day
<ul>
<li>AI-powered audio workflows in Premiere Pro are now generally available, making audio editing faster, easier and more intuitive</li>
</ul>
</li>
</ul>

Adobe Previews AI Innovations For Professional Video Workflows Within Adobe Premiere Pro

WIIM

ADSK

CRWD

FTNT

FUFU

GREE

GRYP

HUBS

IFBD

MRIN

NICE

PATH

PRCH

SHOP

SLNH

STIX

Shares of software stocks are trading lower amid broader tech weakness, which may be due to rate cut concerns following mixed inflation data this week.

In today's rapidly changing and highly competitive business world, it is vital for investors and industry enthusiasts to carefully assess companies. In this article, we will perform a comprehensive industry comparison, evaluating Adobe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) against its key competitors in the Software industry. By analyzing important financial metrics, market position, and growth prospects, we aim to provide valuable insights for investors and shed light on company's performance within the industry.
<h3>Adobe Background</h3>
Adobe provides content creation, document management, and digital marketing and advertising software and services to creative professionals and marketers for creating, managing, delivering, measuring, optimizing and engaging with compelling content multiple operating systems, devices and media. The company operates with three segments: digital media content creation, digital experience for marketing solutions, and publishing for legacy products (less than 5% of revenue).
<table>
<thead>
<tr>
<th>Company</th>
<th>P/E</th>
<th>P/B</th>
<th>P/S</th>
<th>ROE</th>
<th>EBITDA (in billions)</th>
<th>Gross Profit (in billions)</th>
<th>Revenue Growth</th>
</tr>
</thead>
<tbody>
<tr>
<td>Adobe Inc</td>
<td>46.54</td>
<td>14.12</td>
<td>11.20</td>
<td>3.88%</td>
<td>$1.21</td>
<td>$4.59</td>
<td>11.32%</td>
</tr>
<tr>
<td>Salesforce Inc</td>
<td>71.34</td>
<td>4.87</td>
<td>8.46</td>
<td>2.46%</td>
<td>$2.75</td>
<td>$7.14</td>
<td>10.77%</td>
</tr>
<tr>
<td>SAP SE</td>
<td>55.07</td>
<td>4.59</td>
<td>6.41</td>
<td>3.05%</td>
<td>$2.32</td>
<td>$6.2</td>
<td>5.02%</td>
</tr>
<tr>
<td>Intuit Inc</td>
<td>64.16</td>
<td>10.40</td>
<td>11.80</td>
<td>2.08%</td>
<td>$0.6</td>
<td>$2.53</td>
<td>11.34%</td>
</tr>
<tr>
<td>Synopsys Inc</td>
<td>61.95</td>
<td>12.83</td>
<td>14.21</td>
<td>7.01%</td>
<td>$0.53</td>
<td>$1.32</td>
<td>21.15%</td>
</tr>
<tr>
<td>Cadence Design Systems Inc</td>
<td>79.74</td>
<td>24.39</td>
<td>20.31</td>
<td>9.94%</td>
<td>$0.41</td>
<td>$0.96</td>
<td>18.75%</td>
</tr>
<tr>
<td>Workday Inc</td>
<td>51.22</td>
<td>8.72</td>
<td>9.75</td>
<td>16.16%</td>
<td>$0.24</td>
<td>$1.46</td>
<td>16.75%</td>
</tr>
<tr>
<td>Roper Technologies Inc</td>
<td>42.07</td>
<td>3.29</td>
<td>9.32</td>
<td>2.26%</td>
<td>$0.72</td>
<td>$1.13</td>
<td>12.76%</td>
</tr>
<tr>
<td>Autodesk Inc</td>
<td>57.04</td>
<td>27.56</td>
<td>9.39</td>
<td>16.9%</td>
<td>$0.35</td>
<td>$1.34</td>
<td>3.89%</td>
</tr>
<tr>
<td>Palantir Technologies Inc</td>
<td>249.11</td>
<td>14.27</td>
<td>23.15</td>
<td>2.8%</td>
<td>$0.11</td>
<td>$0.5</td>
<td>19.61%</td>
</tr>
<tr>
<td>Datadog Inc</td>
<td>898.86</td>
<td>20.62</td>
<td>20.71</td>
<td>2.82%</td>
<td>$0.07</td>
<td>$0.48</td>
<td>25.62%</td>
</tr>
<tr>
<td>Ansys Inc</td>
<td>59.25</td>
<td>5.48</td>
<td>13.07</td>
<td>5.29%</td>
<td>$0.37</td>
<td>$0.74</td>
<td>15.99%</td>
</tr>
<tr>
<td>MicroStrategy Inc</td>
<td>59.26</td>
<td>12.27</td>
<td>52.27</td>
<td>5.93%</td>
<td>$-0.04</td>
<td>$0.1</td>
<td>-6.09%</td>
</tr>
<tr>
<td>AppLovin Corp</td>
<td>77.94</td>
<td>20.16</td>
<td>8.44</td>
<td>14.58%</td>
<td>$0.37</td>
<td>$0.68</td>
<td>35.73%</td>
</tr>
<tr>
<td>PTC Inc</td>
<td>91.86</td>
<td>7.75</td>
<td>9.98</td>
<td>2.42%</td>
<td>$0.16</td>
<td>$0.44</td>
<td>18.09%</td>
</tr>
<tr>
<td>Zoom Video Communications Inc</td>
<td>30.06</td>
<td>2.39</td>
<td>4.24</td>
<td>3.87%</td>
<td>$0.2</td>
<td>$0.87</td>
<td>2.56%</td>
</tr>
<tr>
<td>Tyler Technologies Inc</td>
<td>106.15</td>
<td>5.95</td>
<td>9.02</td>
<td>1.34%</td>
<td>$0.09</td>
<td>$0.21</td>
<td>6.35%</td>
</tr>
<tr>
<td>NICE Ltd</td>
<td>47.47</td>
<td>4.58</td>
<td>6.76</td>
<td>2.49%</td>
<td>$0.19</td>
<td>$0.42</td>
<td>9.61%</td>
</tr>
<tr>
<td>Bentley Systems Inc</td>
<td>49.87</td>
<td>16.79</td>
<td>13.50</td>
<td>22.81%</td>
<td>$0.05</td>
<td>$0.24</td>
<td>8.26%</td>
</tr>
<tr>
<td>Manhattan Associates Inc</td>
<td>84.50</td>
<td>52.72</td>
<td>16.06</td>
<td>19.96%</td>
<td>$0.06</td>
<td>$0.13</td>
<td>20.27%</td>
</tr>
<tr>
<td>Dynatrace Inc</td>
<td>71.89</td>
<td>7.34</td>
<td>10.34</td>
<td>2.3%</td>
<td>$0.05</td>
<td>$0.3</td>
<td>22.74%</td>
</tr>
<tr>
<td>Average</td>
<td>115.44</td>
<td>13.35</td>
<td>13.86</td>
<td>7.32%</td>
<td>$0.48</td>
<td>$1.36</td>
<td>13.96%</td>
</tr>
</tbody>
</table>
<style>
 table {
 width: 100%;
 border-collapse: collapse;
 font-family: Arial, sans-serif;
 font-size: 14px;
 }

 th, td {
 padding: 8px;
 text-align: left;
 }

 th {
 background-color: #293a5a;
 color: #fff;
 text-align: left;
 }

 tr:nth-child(even) {
 background-color: #f2f4f8;
 }

 tr:hover {
 background-color: #e1e4ea;
 }

 td:nth-child(3), td:nth-child(5) {
 text-align: left;
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 .dividend-frequency {
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 }
 </style>When closely examining Adobe, the following trends emerge: 
<ul>
<li>
At 46.54, the stock's Price to Earnings ratio is 0.4x less than the industry average, suggesting favorable growth potential.
</li>
<li>
It could be trading at a premium in relation to its book value, as indicated by its Price to Book ratio of 14.12 which exceeds the industry average by 1.06x.
</li>
<li>
With a relatively low Price to Sales ratio of 11.2, which is 0.81x the industry average, the stock might be considered undervalued based on sales performance.
</li>
<li>
The company has a lower Return on Equity (ROE) of 3.88%, which is 3.44% below the industry average. This indicates potential inefficiency in utilizing equity to generate profits, which could be attributed to various factors.
</li>
<li>
Compared to its industry, the company has higher Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) of $1.21 Billion, which is 2.52x above the industry average, indicating stronger profitability and robust cash flow generation.
</li>
<li>
The company has higher gross profit of $4.59 Billion, which indicates 3.37x above the industry average, indicating stronger profitability and higher earnings from its core operations.
</li>
<li>
With a revenue growth of 11.32%, which is much lower than the industry average of 13.96%, the company is experiencing a notable slowdown in sales expansion.
</li>
</ul>
<h3>Debt To Equity Ratio</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1712847656_0.png" alt="debt to equity" />
The debt-to-equity (D/E) ratio is a financial metric that helps determine the level of financial risk associated with a company's capital structure.
Considering the debt-to-equity ratio in industry comparisons allows for a concise evaluation of a company's financial health and risk profile, aiding in informed decision-making.
In terms of the Debt-to-Equity ratio, Adobe stands in comparison with its top 4 peers, leading to the following comparisons:
<ul>
<li>
In terms of the debt-to-equity ratio, Adobe has a lower level of debt compared to its top 4 peers, indicating a stronger financial position.
</li>
<li>
This implies that the company relies less on debt financing and has a more favorable balance between debt and equity with a lower debt-to-equity ratio of 0.26.
</li>
</ul>
<h3>Key Takeaways</h3>
For Adobe in the Software industry, the PE ratio is low compared to peers, indicating potential undervaluation. The PB ratio is high, suggesting investors are willing to pay a premium for its assets. The PS ratio is low, implying a favorable sales valuation. In terms of ROE, Adobe shows lower profitability compared to peers. However, its high EBITDA and gross profit signify strong operational performance. The low revenue growth may indicate challenges in expanding market share.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Industry Comparison: Evaluating Adobe Against Competitors In Software Industry

Adobe Inc&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) is actively gathering videos to fuel the development of&nbsp;<a target="_blank" href="https://www.benzinga.com/news/24/03/37823241/adobes-latest-ai-features-transform-text-into-3d-textures-and-backgrounds-elevating-creative-workflo" rel="noreferrer noopener">its artificial intelligence</a>&nbsp;text-to-video generator. This move aims to keep pace with rivals like&nbsp;OpenAI, which recently showcased a comparable technology.&nbsp;
To enrich its AI training dataset, Adobe is reaching out to its community of photographers and artists, offering them $120 to submit footage showcasing a range of human activities and emotions, from walking and expressing joy to demonstrating anger.&nbsp;
This initiative underscores Adobe&#8217;s commitment to integrating generative AI capabilities across its suite of creative tools, including popular software like Photoshop and Illustrator, Bloomberg&nbsp;<a target="_blank" href="https://www.bloomberg.com/news/articles/2024-04-10/adobe-is-buying-video-clips-for-3-per-minute-to-build-ai-model?srnd=technology-vp&amp;sref=TBDibEcD" rel="noreferrer noopener">reports</a>.&nbsp;
Also Read:&nbsp;<a target="_blank" href="https://www.benzinga.com/markets/equities/24/03/37946713/adobe-revolutionizes-content-supply-chain-with-new-generative-ai-tools" rel="noreferrer noopener">Adobe Revolutionizes Content Supply Chain With New Generative AI Tools</a>
The company has introduced generative AI functionalities that transform text into images and illustrations, witnessing billions of uses.
Despite these advancements, the unveiling of OpenAI&#8217;s video-generation model, Sora, has reignited concerns about Adobe&#8217;s position in the face of emerging technologies.
Adobe has acknowledged its efforts in video generation and plans to unveil more details later in the year.
The call for content specifically seeks over 100 brief clips that capture a variety of actions, emotions, and interactions with objects, stressing the importance of avoiding copyrighted or inappropriate content.
Compensation for these submissions averages around $2.62 per minute of video, potentially reaching $7.25 per minute.
Earlier in March, at the Game Developers Conference, Adobe showcased its leadership in weaving generative AI into 3D design, unveiling two innovative additions to its Substance 3D design software.
These features empower 3D artists to craft assets from textual descriptions efficiently. The Substance 3D Sampler&#8217;s &#8220;Text to Texture&#8221; function enables the creation of realistic or artistic textures, such as scales or fabrics, directly from text inputs, streamlining the texture application process for 3D models.
Additionally, Adobe introduced the &#8220;Generative Background&#8221; feature in Substance 3D Stager. This feature allows for the generation of background visuals for 3D environments via text prompts, leveraging 2D imaging technology to enhance scenes and objects with a lifelike depth.
Adobe stock gained over 31% in the last 12 months. Investors can gain exposure to the stock via&nbsp;Invesco Next Gen Media And Gaming ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GGME#NYSE">GGME</a>) and&nbsp;Invesco Nasdaq Internet ETF&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PNQI#NASDAQ">PNQI</a>).
Price Action:&nbsp;ADBE shares traded lower by 0.35% at $485.50 premarket on the last check Thursday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Image Source &#8211; Shutterstock

What's The Cost Of Training Generative AI With Videos? Adobe Doles Out Money For Acquiring Dataset

Financial giants have made a conspicuous bearish move on Adobe. Our analysis of options history for Adobe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) revealed 32 unusual trades.
Delving into the details, we found 40% of traders were bullish, while 59% showed bearish tendencies. Out of all the trades we spotted, 13 were puts, with a value of $746,906, and 19 were calls, valued at $1,037,766.
<h3>Predicted Price Range</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $165.0 and $740.0 for Adobe, spanning the last three months.
<h3>Analyzing Volume &amp; Open Interest</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Adobe's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Adobe's significant trades, within a strike price range of $165.0 to $740.0, over the past month.
<h3>Adobe Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1712776604_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>ADBE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$58.15</td>
<td>$57.75</td>
<td>$58.15</td>
<td>$500.00</td>
<td>$157.0K</td>
<td>353</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>ADBE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$54.7</td>
<td>$54.2</td>
<td>$54.7</td>
<td>$500.00</td>
<td>$125.8K</td>
<td>1.7K</td>
<td style="text-align: right;">28</td>
</tr>
<tr>
<td>ADBE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$54.55</td>
<td>$54.45</td>
<td>$54.55</td>
<td>$500.00</td>
<td>$125.3K</td>
<td>1.7K</td>
<td style="text-align: right;">97</td>
</tr>
<tr>
<td>ADBE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$56.1</td>
<td>$54.15</td>
<td>$54.15</td>
<td>$500.00</td>
<td>$124.5K</td>
<td>1.7K</td>
<td style="text-align: right;">74</td>
</tr>
<tr>
<td>ADBE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$53.85</td>
<td>$53.75</td>
<td>$53.75</td>
<td>$510.00</td>
<td>$96.7K</td>
<td>156</td>
<td style="text-align: right;">36</td>
</tr>
</tbody>
</table>

<h3>About Adobe</h3>
Adobe provides content creation, document management, and digital marketing and advertising software and services to creative professionals and marketers for creating, managing, delivering, measuring, optimizing and engaging with compelling content multiple operating systems, devices and media. The company operates with three segments: digital media content creation, digital experience for marketing solutions, and publishing for legacy products (less than 5% of revenue).
<h3>Where Is Adobe Standing Right Now?</h3>
<ul>
<li>With a trading volume of 1,577,828, the price of ADBE is down by -1.38%, reaching $485.76.</li>
<li>Current RSI values indicate that the stock is may be oversold.</li>
<li>Next earnings report is scheduled for 64 days from now.</li>
</ul>
<h3>What The Experts Say On Adobe</h3>
A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $602.2.
<ul>
<li>An analyst from BMO Capital persists with their Outperform rating on Adobe, maintaining a target price of $610. </li>
<li>Consistent in their evaluation, an analyst from HSBC keeps a Hold rating on Adobe with a target price of $511. </li>
<li>An analyst from Oppenheimer downgraded its action to Outperform with a price target of $660. </li>
<li>An analyst from JP Morgan persists with their Neutral rating on Adobe, maintaining a target price of $570. </li>
<li>An analyst from Oppenheimer has decided to maintain their Outperform rating on Adobe, which currently sits at a price target of $660. </li>
</ul>
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Adobe, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Behind the Scenes of Adobe's Latest Options Trends

Adobe Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) shares are&nbsp;<a target="_blank" href="https://www.benzinga.com/movers" rel="noreferrer noopener">trading higher on Tuesday.</a>
The company launched a content creation and production platform, Frame.io V4, to boost more expressive&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/04/b38167231/adobe-introduces-next-generation-of-frame-io-to-accelerate-content-workflow-and-collaboration-for-" rel="noreferrer noopener">feedback and tighter review loops.</a>
Frame.io V4 extends support for video beyond post-production workflows, including casting, location scouting, and footage reviews. It also supports content types, including images, design, and PDF files.
Frame.io V4 offers an all-new metadata framework, transforming how users interact with assets.
Amidst surging video content demand, teams face slowdowns due to disjointed tools. Frame.io V4 addresses this, streamlining feedback and expediting asset delivery for creative teams.
&#8220;As the demand for all content types – from video and images to design and documents – continues to skyrocket, the needs of Frame.io&#8217;smunity have evolved,&#8221; said Emery Wells, Co-Founder of Frame.io, and VP, Creative Product Group at Adobe.&nbsp;
Frame.io&#8217;s latest integrations with Photoshop and Workfront enhance collaboration for Enterprises in the Content Supply Chain.&nbsp;
As part of Adobe GenStudio, Frame.io integrates with Adobe Express and Adobe Firefly Services, facilitating large-scale content production.
&#8220;Companies, brands and individuals all need one unified platform that streamlines how teams and stakeholders come together to ideate, collaborate and create, no matter the creative project,&#8221; Wells added.
Price Action:&nbsp;ADBE shares are trading higher by 1.47% to $491.38 on the last check Tuesday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo: jejim/Shutterstock

Movers

What's Going On With Adobe Shares Today?

<ul>
<li>Frame.io V4 now simplifies complex collaboration across the entire content creation lifecycle and enables more complex workflows, richer, more expressive feedback and tighter review loops</li>
<li>Frame.io V4 extends support for video beyond post-production workflows including casting, location scouting and footage reviews, and support for content types including images, design and PDF files</li>
<li>New Frame.io integrations with Photoshop and Workfront further streamline collaboration for Enterprises across the Content Supply Chain; as part of Adobe GenStudio, Frame.io can be combined with Adobe Express and Adobe Firefly Services to enable content production at scale</li>
</ul>

Adobe Introduces Frame.io V4 For Content Workflow And Collaboration

Investors with a lot of money to spend have taken a bearish stance on Adobe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with ADBE, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 33 uncommon options trades for Adobe.
This isn't normal.
The overall sentiment of these big-money traders is split between 30% bullish and 69%, bearish.
Out of all of the special options we uncovered, 26 are puts, for a total amount of $2,383,102, and 7 are calls, for a total amount of $312,046.
<h3>Expected Price Movements</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $370.0 to $630.0 for Adobe during the past quarter. 
<h3>Volume &amp; Open Interest Development</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Adobe's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Adobe's substantial trades, within a strike price spectrum from $370.0 to $630.0 over the preceding 30 days.
<h3>Adobe Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1712598371_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>ADBE</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>05/17/24</td>
<td>$16.65</td>
<td>$16.4</td>
<td>$16.4</td>
<td>$485.00</td>
<td>$655.9K</td>
<td>1.1K</td>
<td style="text-align: right;">414</td>
</tr>
<tr>
<td>ADBE</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$17.9</td>
<td>$17.3</td>
<td>$17.35</td>
<td>$430.00</td>
<td>$173.5K</td>
<td>304</td>
<td style="text-align: right;">2</td>
</tr>
<tr>
<td>ADBE</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$14.9</td>
<td>$14.35</td>
<td>$14.5</td>
<td>$370.00</td>
<td>$145.0K</td>
<td>40</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>ADBE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$33.85</td>
<td>$33.6</td>
<td>$33.85</td>
<td>$450.00</td>
<td>$118.4K</td>
<td>1.0K</td>
<td style="text-align: right;">65</td>
</tr>
<tr>
<td>ADBE</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>04/19/24</td>
<td>$35.55</td>
<td>$34.1</td>
<td>$34.88</td>
<td>$520.00</td>
<td>$87.2K</td>
<td>1.3K</td>
<td style="text-align: right;">6</td>
</tr>
</tbody>
</table>

<h3>About Adobe</h3>
Adobe provides content creation, document management, and digital marketing and advertising software and services to creative professionals and marketers for creating, managing, delivering, measuring, optimizing and engaging with compelling content multiple operating systems, devices and media. The company operates with three segments: digital media content creation, digital experience for marketing solutions, and publishing for legacy products (less than 5% of revenue).
In light of the recent options history for Adobe, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Where Is Adobe Standing Right Now?</h3>
<ul>
<li>Currently trading with a volume of 2,024,731, the ADBE's price is down by -0.23%, now at $484.0. </li>
<li>RSI readings suggest the stock is currently may be oversold.</li>
<li>Anticipated earnings release is in 66 days.</li>
</ul>
<h3>What The Experts Say On Adobe</h3>
Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $597.0.
<ul>
<li>Consistent in their evaluation, an analyst from Evercore ISI Group keeps a Outperform rating on Adobe with a target price of $650. </li>
<li>An analyst from Mizuho downgraded its action to Buy with a price target of $680. </li>
<li>Consistent in their evaluation, an analyst from TD Cowen keeps a Outperform rating on Adobe with a target price of $640. </li>
<li>An analyst from Keybanc downgraded its action to Underweight with a price target of $445. </li>
<li>Maintaining their stance, an analyst from JP Morgan continues to hold a Neutral rating for Adobe, targeting a price of $570. </li>
</ul>
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Adobe with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Looking At Adobe's Recent Unusual Options Activity

As the weekend comes to a close, let&#8217;s take a look at the top stories that shaped the week. From the U.S. manufacturing sector hitting an 18-month high to a warning about a potential debt crisis, here&#8217;s what you need to know.
<h3 class="wp-block-heading">US Manufacturing Activity Hits 18-Month High</h3>
The U.S. manufacturing sector has seen a significant upturn, with March 2024 marking the highest growth rate since September 2022. This development has been attributed to the strong performance of the&nbsp;SPDR Dow Jones Industrial Average ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>) and the&nbsp;SPDR S&amp;P 500&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>). Analysts had predicted a lower growth rate, making this surge a clear indication of improving conditions.&nbsp;<a href="https://www.benzinga.com/economics/macro-economic-events/24/04/38025259/us-manufacturing-activity-hits-highest-growth-in-18-months-clear-signs-of-improvi">Read the full article&nbsp;here</a>.
<h3 class="wp-block-heading">China&#8217;s March Manufacturing Growth Could Trigger Deflation</h3>
China&#8217;s manufacturing sector experienced a substantial increase in March 2024. This led to a rally in shares of Chinese companies and metal commodities, potentially causing a deflationary impact on global markets. The&nbsp;Alibaba Gr Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) and the&nbsp;VanEck Gold Miners ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GDX#NYSE">GDX</a>) were among the beneficiaries of this growth.
Experts have warned that this surge could have a deflationary effect on global markets.&nbsp;<a href="https://www.benzinga.com/markets/asia/24/04/38021682/chinas-march-manufacturing-growth-could-dump-into-global-markets-thus-triggering-deflation-expert-wa">Read the full article&nbsp;here</a>.
See Also:&nbsp;<a href="https://www.benzinga.com/markets/equities/24/04/38107237/wall-street-looks-to-regain-footing-amid-high-volatility-after-rate-jitters-as-traders-eye-jobs-?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Wall Street Set To Stumble At Open As Traders Eye Key Data, Fed Chair Powell&#8217;s Speech: Analyst Finds 2 Reasons To Stay Optimistic In April</a>
<h3 class="wp-block-heading">US Labor Market Heats Up In March</h3>
The U.S. labor market experienced a significant boost in March 2024, with payrolls growing by 303,000. This marks the highest increase in 10 months and has dampened hopes for a rate cut in June. Companies like&nbsp;AstraZeneca&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AZN#NASDAQ">AZN</a>) and&nbsp;Adobe&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) were among those that contributed to this growth. <a href="https://www.benzinga.com/etfs/specialty-etfs/24/04/38108835/us-labor-market-heats-up-in-march-payrolls-grow-by-303-000-highest-in-10-months-dampen-rate-c">Read the full article&nbsp;here</a>.
<h3 class="wp-block-heading">Mohamed El-Erian Criticizes &#8216;Overly Data Dependent&#8217; Federal Reserve</h3>
Mohamed El-Erian, the chief economic adviser at Allianz, has criticized the U.S. Federal Reserve&#8217;s data-dependent strategy. He argues that this approach has caused the Fed to lose sight of its broader strategy. This critique comes at a time when the Fed&#8217;s data-dependent approach is under scrutiny. El-Erian suggests that the Fed&#8217;s focus on data has led it to become a play-by-play commentator, deviating from its original strategy.&nbsp;<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38110452/mohamed-el-erian-says-overly-data-dependent-federal-reserve-has-turned-into-a-play-">Read the full article&nbsp;here</a>.
<h3 class="wp-block-heading">&#8216;Serious Debate&#8217; Needed To Avert 2025 US Debt Crisis</h3>
Wharton professor Joao Gomes has raised concerns about the rapid growth of U.S. debt. He warns that without immediate action from Congress, the U.S. could face a debt crisis by 2025. Gomes emphasizes the need for a serious debate to address this issue and prevent a potential crisis. His warning comes at a time when the U.S. debt is growing at an alarming rate, raising questions about the country&#8217;s financial stability. <a href="https://www.benzinga.com/news/24/04/38104382/serious-debate-needed-to-avert-2025-us-debt-crisis-warns-wharton-expert">Read the full article&nbsp;here</a>.
Read Next: <a href="https://www.benzinga.com/news/earnings/24/04/38066197/wall-street-set-to-stumble-at-open-as-traders-eye-key-data-fed-chair-powells-speech-analyst-finds-2?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Wall Street Set To Stumble At Open As Traders Eye Key Data, Fed Chair Powell&#8217;s Speech: Analyst Finds 2 Reasons To Stay Optimistic In April</a>
Wall Street illustration created using artificial intelligence via MidJourney.
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 Engineered by Benzinga Neuro, Edited by 
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Market Vectors ETF Trust Market Vectors Gold Miners

US Manufacturing Hits 18-Month High, China's Growth Could Trigger Deflation And More: Economics Weekly Roundup

HubSpot Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HUBS#NYSE">HUBS</a>) shares are trading higher on continued upward momentum <a href="https://www.benzinga.com/m-a/24/04/38092495/hubspot-stock-jumps-as-alphabet-considers-acquisition-offer-the-details" target="_blank" rel="noreferrer noopener">following a report</a> suggesting Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) is in talks with advisors about a potential offer for the company.
Piper Sandler analyst Brent Bracelin maintained HubSpot shares as Overweight with a <a href="https://www.benzinga.com/quote/HUBS/analyst-ratings" target="_blank" rel="noreferrer noopener">$675 price target</a>.
Bracelin has long noted that IaaS could be natural consolidators of a highly fragmented SaaS landscape.&nbsp;
The transition from traditional client-server applications to cloud computing models over the past 20+ years has created a proliferation of SaaS applications that today include 100+ publics and 1,000+ privates, Bracelin said. Private equity firms such as Thoma Bravo and Vista Equity Partners have been the most prolific consolidators of the SaaS ecosystem over the past three to five years.
The analyst flagged Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) and Oracle Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>) as the only two cloud platforms operating over $10 billion IaaS platforms alongside over $10 billion SaaS application suites. 
Bracelin argued that Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) and Alphabet could move higher up the stack into SaaS applications. 
HubSpot was a SaaS pioneer that has expanded revenue to plus $2 billion since it was founded in 2006, he said. 
The analyst believed the combination of Google Workspace and the HubSpot Customer Platform makes strategic sense. HubSpot has 205K paid customers, with an average size of 25 employees per customer, while Google Workspace has 9 million paid customers. Bracelin said the potential cross-sell of HubSpot SaaS applications into a large Google Workspace installed base could be compelling.
According to Gartner, HubSpot has captured a small slice of the $22 billion CRM marketing software industry with just a 4.9% market share in 2022. The two most prominent platforms in CRM marketing include&nbsp;Salesforce Inc&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>) (15% share) and&nbsp;Adobe Inc&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) (15% share).
Canaccord Genuity analyst Richard Davis maintained HubSpot with a Buy and raised the price target from $700 to $750.
HubSpot stock gained 67% in the past 12 months. Investors can gain exposure to the stock via Sterling Capital Focus Equity ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LCG#NYSE">LCG</a>) and Spear Alpha ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPRX#NASDAQ">SPRX</a>).
HUBS Price Action: HubSpot shares are trading higher by 4.32% to $677.19 on the last check Friday. 
Also Read: <a href="https://www.benzinga.com/news/earnings/24/02/37155044/hubspot-analysts-increase-their-forecasts-following-upbeat-results" target="_blank" rel="noreferrer noopener">HubSpot Analysts Increase Their Forecasts Following Upbeat Results</a>
Photo: Courtesy of HubSpot

Price Target

Reiteration

Analyst Ratings

ORCL

SPRX

What's Going On With HubSpot Stock Friday?

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Weitz Large Cap Equity Fund Q1 2024 Commentary

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<a href="https://investorplace.com/industries/technology/">Technology stocks</a> had a great run in 2023. This year, not so much. In the past month, the tech-laden Nasdaq composite index has fallen 5%. Mega-cap tech stocks such as Apple (NASDAQ:<a href="https://investorplace.com/stock-quotes/aapl-stock-quote/">AAPL</a>) have faltered badly amid escalating concerns that interest rates will remain higher for longer. Possibly much longer. At the same time, notable tech leaders such as Apple <a href="https://www.reuters.com/markets/us/profit-momentum-big-six-tech-companies-collapse-over-2024-ubs-says-2024-04-22/">appear in rapid decline</a>, having lost their competitive edge and market share.



In time, the market and tech stocks will almost certainly get their mojo back. However, there look to be some technology companies that are facing existential threats that could eventually see them pushed out of business. Threats are taking the form of increased competition, disruptive technologies, and changing consumer tastes. History is littered with once mighty companies that <a href="https://us.etrade.com/knowledge/library/getting-started/why-mega-cap-tech-stocks-dominance-is-a-risk-to-investors">lost their edge</a> and never regained it. 



Here are three tech stocks that could be heading six-feet under.



<h2>Adobe (ADBE)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/04/adbe-1600-1-300x169.png" alt="Adobe logo on the smartphone screen is placed on the Apple macbook keyboard on red desk background. ADBE stock."><div>Source: Tattoboo / Shutterstock</div></div>The stock of Adobe (NASDAQ:<a href="https://investorplace.com/stock-quotes/adbe-stock-quote/">ADBE</a>) hasn&rsquo;t been the same since privately held OpenAI (the company behind ChatGPT) introduced Sora, an AI platform that can generate videos based on written descriptions. <a href="https://www.clickz.com/sora-has-upset-the-ai-image-generation-apple-cart/269263/">OpenAI&rsquo;s Sora platform</a> competes directly against many of Adobe&rsquo;s creative software products and concerns are mounting that AI will ultimately put the company out of business. ADBE stock is down nearly 20% on the year following Sora&rsquo;s debut and after the company issued weak forward guidance.



Adobe, whose suite of creative software products includes Photoshop and Illustrator, did manage to beat Wall Street forecasts with its<a href="https://www.barrons.com/articles/adobe-stock-price-earnings-30b9cb3f"> latest earnings</a>. However, the company forecast earnings of $4.35 to $4.40 a share and revenue of $5.25 billion to $5.30 billion for the current second quarter. That fell short of expected earnings of $4.38 a share and $5.31 billion in revenue, sending ADBE stock down 12% in a single trading session. Adobe is adding AI where it can, unveiling a new AI assistant for its Reader and Acrobat apps.



In a move that looks like it is waving the white flag, Adobe is reportedly now <a href="https://www.reuters.com/technology/adobe-explores-openai-partnership-it-adds-ai-video-tools-2024-04-15/">exploring a partnership with OpenAI</a> and looking to add Sora&rsquo;s technology to its products. The question is: will it be enough?



<h2>Tesla (TSLA)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2023/04/tsla1600-6-300x169.png" alt="Tesla (TSLA) logo on a smartphone screen stock image. Tesla is an innovative company focused on producing sustainable electric vehicles and clean energy solutions"><div>Source: ssi77 / Shutterstock.com</div></div>Are things suddenly better at Tesla (NASDAQ:<a href="https://investorplace.com/stock-quotes/tsla-stock-quote/">TSLA</a>)? On the day of this writing, TSLA stock is up 12% as investors cheer the company&rsquo;s plan to rush a more <a href="https://www.cnbc.com/2024/04/23/tesla-tsla-earnings-q1-2024-.html">affordable electric vehicle</a> to market. However, the euphoria over a cheaper electric car overlooks the fact that Tesla&rsquo;s latest earnings print was terrible and showed that things are getting worse at the company. Much worse. For this year&rsquo;s first quarter, Tesla reported its biggest revenue decline since 2012 as it missed Wall Street&rsquo;s targets across the board.



Sales were down 9% from a year ago, while Tesla&rsquo;s <a href="https://www.cbc.ca/news/business/tesla-earnings-q1-new-models-1.7182817">net income plunged 55%</a> year-over-year. Tesla also issued a dismal outlook for the remainder of the year, stating that its &ldquo;volume growth rate may be notably lower than the growth rate achieved in 2023.&rdquo; Tesla continues to struggle with slowing electric vehicle sales and rising competition that has forced it to slash prices at the expense of profit margins. As for the more affordable EV, Tesla is famous for overpromising and underdelivering. Any sign of the &ldquo;Tesla Bot&rdquo; yet?



Despite the post-earnings lift, TSLA stock remains down 35% on the year and continues to be one of the worst performing stocks in the benchmark S&amp;P 500 index.



<h2>Warner Bros. Discovery (WBD)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/04/wbd_warner_bros_discovery1600-300x169.png" alt="The logo of the new Warner Bros Discovery (WBD) company on smartphone screen."><div>Source: Jimmy Tudeschi / Shutterstock.com</div></div>Warner Bros. Discovery (NASDAQ:<a href="https://investorplace.com/stock-quotes/wbd-stock-quote/">WBD</a>) has been trying to merge with another entertainment company or possibly sell itself as its stock slides lower. At the start of this year, the company was in merger talks with Paramount Global (NASDAQ:<a href="https://investorplace.com/stock-quotes/para-stock-quote/">PARA</a>), although the <a href="https://www.cnbc.com/2024/02/27/warner-bros-discovery-halts-paramount-global-merger-talks.html">negotiations were called off</a> in February. Warner Bros. is trying to achieve economies of scale as it struggles to earn profits from streaming while grappling with a decline in advertising revenue at its linear TV stations and dwindling audience attendance at movie theaters.



Warner Bros. Discovery is also labouring under a crushing debt load. While the company paid down $5.4 billion of debt in 2023, it still has $44.20 billion of debt remaining following its 2022 merger with Discovery Inc. Warner Bros. <a href="https://www.cnbc.com/2024/02/23/warner-bros-discovery-wbd-earnings-q4-2023.html">most recent earnings print </a>was bad, with the company reporting a loss of 16 cents a share compared to a loss of 7 cents that was expected among analysts. Revenue in the fourth quarter of 2023 came in at $10.28 billion, which was below forecasts of $10.35 billion.



The litany of problems has weighed heavily on WBD stock, which is down 66% in the two years since Warner Bros Discovery was formed. 



On the date of publication, Joel Baglole did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.
<div>Joel Baglole has been a business journalist for 20 years. He spent five years as a staff reporter at The Wall Street Journal, and has also written for The Washington Post and Toronto Star newspapers, as well as financial websites such as The Motley Fool and Investopedia.</div><h3>More From InvestorPlace</h3>
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The post <a href="https://investorplace.com/2024/04/3-tech-stocks-that-could-be-heading-six-feet-under/">3 Tech Stocks That Could Be Heading Six-Feet Under</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

3 Tech Stocks That Could Be Heading Six-Feet Under

ClearBridge All Cap Growth Strategy Q1 2024 Commentary

Wells Fargo analyst Michael Turrin maintained a Buy rating on Adobe (ADBE – Research Report) on April 26 and set a price target of $675.00. The com...

New Buy Rating for Adobe (ADBE), the Technology Giant

The cloud computing SaaS market is expected to grow by a CAGR of 11.7% between now and 2030. A continued major increase is expected in 2024.

April Recap: Cloud Computing (SaaS) Portfolio Down 6% In April, Up 2.5% This Week

The software industry is evolving, with greater adoption of emerging technologies and a more efficient and streamlined software application development process. Let's analyze the fundamentals of software stocks, Adobe (ADBE) and Salesforce (CRM), to determine which stock is a buy, hold, or sell. Read on... The software industry is experiencing substantial growth due to the growing demand for AI and the expansion of the software application sector. The industry's growth is driven by technological advancements and the need for businesses to stay competitive in today's digital age.
The demand for software applications has increased due to significant investments in digitalization across various industries. Gartner expects worldwide software spending to rise <a href="https://www.gartner.com/en/newsroom/press-releases/2024-04-16-gartner-forecast-worldwide-it-spending-to-grow-8-percent-in-2024">13.9% year-over-year</a> to $1.04 trillion in 2024.
The worldwide application development software market is expected to reach $234.70 billion by 2028, growing at a <a href="https://www.statista.com/outlook/tmo/software/application-development-software/">6.9% CAGR</a>. It is also expected to generate $179.90 billion in revenue in 2024. The market for application development software is likely to expand due to the rising need for scalable and customized software applications.
Given this backdrop, let's compare two <a href="https://stocknews.com/category/software-application/">Software - Application</a> stocks, Adobe Inc. (<a href="https://stocknews.com/stock/ADBE/">ADBE</a>) and Salesforce, Inc. (<a href="https://stocknews.com/stock/CRM/">CRM</a>), to understand why CRM will be a better buy than ADBE.
The Case for Adobe Inc. Stock
Adobe Inc. (<a href="https://stocknews.com/stock/ADBE/">ADBE</a>) provides various products and services to professionals, communicators, businesses, and consumers to create, manage, deliver, measure, optimize, engage with, and transact with content and experiences across diverse digital media formats. Its segments include Digital Media, Digital Experience, and Publishing and Advertising.
On April 9, 2024, ADBE unveiled the all-new Frame.io V4, a versatile, quick, and intuitive creative collaboration platform that optimizes and simplifies content development and production workflows. As teams and organizations rush to satisfy the growing demand for video content, creatives and stakeholders at all stages of creation are delayed by disconnected tools and systems.
Frame.io V4 addresses these challenges by providing a centralized hub for collaboration, feedback, and approval processes, ultimately saving time and increasing efficiency in the creative process.
ADBE's stock has gained 25.3% over the past year to close the last trading session at $473.07. However, the stock has declined 24.9% over the past three months.
ADBE's revenue grew at a CAGR of 13.4% over the past three years. On the other hand, its net income shrank at a CAGR of 4.8% over the past three years.
In terms of forward EV/Sales, ADBE is trading at 9.75x, 246.9% higher than the industry average of 2.81x. Likewise, its forward EV/EBIT is trading at 21.18x, 8.5% higher than the 19.50x industry average. Also, its forward EV/EBITDA is trading at 19.69x, 34.5% higher than the 14.50x industry average.
On the other hand, its forward non-GAAP PEG of 1.59% is 17% lower than the 1.91x industry average.
In terms of the trailing-12-month net income margin, ADBE's 24.08% is 807.2% higher than the 2.65% industry average. Likewise, its 34.97% trailing-12-month EBIT margin is 616.4% higher than the industry average of 4.88%. Additionally, its 33.76% trailing-12-month <a href="https://www.investopedia.com/terms/l/levered-free-cash-flow.asp">levered FCF</a> margin is 254.8% higher than the industry average of 9.52%.
For the fiscal first quarter, which ended March 1, 2024, ADBE's total revenue increased 11.2% year-over-year to $5.18 billion. Its gross profit rose 12.2% from the year-ago value to $4.59 billion. Moreover, the company's non-GAAP net income and non-GAAP net income per share grew 17.1% and 17.9% year-over-year to $2.05 billion and $4.48, respectively.
Street expects ADBE's revenue and EPS for the quarter ended May 30, 2024, to increase 9.9% and 12.3% year-over-year to $5.29 billion and $4.39, respectively. The company surpassed the consensus EPS estimates in each of the trailing four quarters.
ADBE's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect this promising outlook. It has an overall rating of B, translating to a Buy in our proprietary rating system. The POWR Ratings assess stocks by 118 different factors, each with its own weighting.
It has an A grade for Quality and a B for Sentiment. Within the <a href="https://stocknews.com/category/software-application/">Software - Application</a> industry, it is ranked #33 out of 134 stocks. To see the additional grades of ADBE for Growth, Value, Momentum, and Stability, <a href="https://stocknews.com/stock/ADBE/">click here</a>.
The Case for Salesforce, Inc. Stock
Salesforce, Inc. (<a href="https://stocknews.com/stock/CRM/">CRM</a>) is a cloud-based software company. It provides Customer Relationship Management (CRM) technology that brings companies and customers together worldwide. The company's service includes sales to store data, monitor leads and processes, forecast opportunities, gain insights through analytics and relationship intelligence, and service that enables companies to deliver trusted and highly personalized customer service and support at scale.
CRM's stock has gained 40.3% over the past six months and 39% over the past year to close the last trading session at $275.74.
CRM's revenue grew at a CAGR of 17.9% over the past three years. Also, its total Assets grew at a CAGR of 14.6% during the same period.
In terms of forward non-GAAP P/E, CRM is trading at 28.15x, 17.9% higher than the industry average of 23.87x. Likewise, its forward EV/EBIT is trading at 21.62x, 10.7% higher than the 19.52x industry average. Also, its forward EV/EBITDA is trading at 18.62x, 28.4% higher than the 14.50x industry average. On the other hand, its 1.32x forward non-GAAP PEG is 30.9% lower than the 1.91x industry average.
In terms of the trailing-12-month net income margin, CRM's 11.87% is 347% higher than the 2.65% industry average. Likewise, its 7.01% trailing-12-month Return on Common Equity is 110.7% higher than the 3.33% industry average. Also, its 17.21% trailing-12-month EBIT margin is 252.6% higher than the 4.88% industry average.
CRM's total revenue during the fourth quarter that ended January 31, 2024, came in at $9.29 billion, an increase of 10.8% year over year. Its gross profit improved 13.6% from the year-ago quarter to $7.14 billion.
Moreover, the company's net income and EPS came in at $2.25 billion and $2.29, up 35.9% and 36.3% from the prior-year quarter, respectively. CRM's free cash flow improved 26.7% year over year to $3.26 billion.
Analysts expect CRM's EPS and revenue for the quarter ended April 30, 2024, to increase 40.2% and 10.9% year-over-year to $2.37 and $9.15 billion, respectively. The company surpassed the consensus EPS and revenue estimates in each of the trailing four quarters.
CRM's POWR Ratings reflect its bright prospects. It has an overall rating of B, which translates to a Buy in our proprietary rating system.
It has a B grade for Growth, Sentiment, and Quality. Within the same industry, it is ranked #14. Beyond what we stated above, we also have given CRM grades for Value, Momentum, and Stability. Get all the CRM ratings <a href="https://stocknews.com/stock/CRM/">here</a>.
Adobe (ADBE) vs. Salesforce (CRM) - Buy, Hold, or Sell in May?
The application software industry is rapidly evolving. Generative AI and cloud-native technologies are increasing flexibility, scalability, and cost-efficiency while expanding beyond IT to meet user demands.
Companies like ADBE and CRM, at the forefront of technology innovation, have seen significant growth in recent years due to their focus on developing cutting-edge software solutions for businesses across various industries. Their ability to adapt to changing market trends and customer needs has solidified their positions as industry leaders in the tech sector.
ADBE and CRM look well-positioned to capitalize on the industry's promising prospects. Although both have solid fundamentals, favorable analyst estimates, and robust profitability, CRM is a better choice than ADBE due to its historical growth metrics.
Our research shows that the odds of success increase when one invests in stocks with an overall rating of Strong Buy. View all the top-rated stocks in the Software – Application industry <a href="https://stocknews.com/category/software-application/">here</a>.
What To Do Next?
43 year investment veteran, Steve Reitmeister, has just released his 2024 market outlook along with trading plan and top 11 picks for the year ahead.
<a href="https://report.stocknews.com/sign-up/stock-market-outlook-2024/?formplacement=artbotad_smo24_rep">2024 Stock Market Outlook &gt;</a>

<hr />
CRM shares were trading at $272.56 per share on Tuesday morning, down $3.18 (-1.15%). Year-to-date, CRM has gained 3.72%, versus a 6.99% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Rashmi Kumari</h2> <img src='https:/wp-content/uploads/2022/10/Rashmi-Kumari_headshot_2-1.jpg' style="float:left; padding:5px;width:125px;">Rashmi is passionate about capital markets, wealth management, and financial regulatory issues, which led her to pursue a career as an investment analyst. With a master's degree in commerce, she aspires to make complex financial matters understandable for individual investors and help them make appropriate investment decisions.<a href="https://stocknews.com/authors/?author=rashmi-kumari">More...</a>The post <a href=https://stocknews.com/news/crm-adbe-adobe-adbe-vs-salesforce-crm-buy-hold-or-sell/>Adobe (ADBE) vs. Salesforce (CRM) - Buy, Hold, or Sell in May?</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

Adobe (ADBE) vs. Salesforce (CRM) - Buy, Hold, or Sell in May?

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Keep an eye on machine learning stocks. Companies are tripping over each other for the technology, which involves feeding data to a machine so it can learn and even make human-like decisions. It could be a&nbsp;<a href="https://www.statista.com/outlook/tmo/artificial-intelligence/machine-learning/worldwide">$503.4 billion market</a>&nbsp;by 2030. Two years later, it could be worth $771.38 billion, &nbsp;<a href="https://www.precedenceresearch.com/machine-learning-market">according to Precedence Research</a>



Even better, we&rsquo;re seeing substantial machine learning demand from just about every major industry. That includes healthcare, finance, retail, entertainment and manufacturing just as they are adopting the technology to boost revenue, cut costs and automate operations, as noted by Learn.G2.com. Even more impressive, about&nbsp;<a href="https://learn.g2.com/machine-learning-statistics">48% of global businesses are already using machine learning</a> with 44% of them seeing lower business costs.



While we can always jump into&nbsp;Nvidia&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/nvda-stock-quote/">NVDA</a>), it&rsquo;s now an $880 stock that&rsquo;s already made quite a few investors very wealthy. In fact, the last time I mentioned NVDA in a machine learning article, it was only a $700 stock.&nbsp;&nbsp;If you missed its run, don&rsquo;t worry. There are plenty of other machine learning stocks with similar potential.



<h2>Lantern Pharma (LTRN)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2023/09/machine-learning1600-300x169.png" alt="3d rendering robot learning or machine learning with education hud interface, AI training on data sets"><div>Source: Phonlamai Photo / Shutterstock.com</div></div>Let&rsquo;s start with&nbsp;Lantern Pharma&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/ltrn-stock-quote/">LTRN</a>), a $52.95 million company trading at less than $5.



An artificial intelligence company, it&rsquo;s helping to transform the cost and speed to oncology drug discovery and development with its&nbsp;<a href="https://www.lanternpharma.com/ai-platform">AI and machine learning platform, RADR</a>.&nbsp;With the help of machine learning, AI and advanced genomics, its platform can scan billions of data points to help identity compounds that could help cancer patients.&nbsp;



Typically, with early-stage discovery and development, the traditional approach&nbsp;<a href="https://www.bcg.com/publications/2022/adopting-ai-in-pharmaceutical-discovery">can take three to five years</a>. However, with companies like Lantern, the process can be as low as two years.



<a href="https://ir.lanternpharma.com/news-events/press-releases/detail/150/lantern-pharma-reports-fourth-quarter-fiscal-year-2023">Most recently, the company announced</a>, &ldquo;Multiple clinical trials across three AI-guided drug candidates are active with first expected data and readouts for LP-184 (for use across multiple cancer indications) in the second half of 2024; with additional next-generation drug development programs approaching IND studies.&rdquo;



<h2>Rekor Systems (REKR)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2023/01/rekr1600-300x169.png" alt="Security Video Camera Vehicle number identification system. Rekor Systems &#x2A;REKR) makes vehicle identification, artificial intelligence."><div>Source: Al Serov / Shutterstock.com</div></div>There&rsquo;s also&nbsp;Rekor Systems&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/rekr-stock-quote/">REKR</a>), a $156.57 million company that&rsquo;s leveraging AI and machine learning to identity infrastructure concerns for transportation, public safety and urban mobility. One of its key solutions is Rekor One &mdash; an AI-powered roadway intelligence platform.



Most recently, the company announced substantial growth throughout 2023. Gross 2023 revenues of $34.9 million, for example, was 75% better than year ago numbers. Fourth quarter gross revenue jumped 71% year over year.&nbsp;



The total value of its contract values jumped 124% year over year to $49.1 million. And it narrowed its adjusted EBITDA loss from $37.4 million to $28.7 million for 2023.



Even better, as noted by&nbsp;<a href="https://investorplace.com/2024/04/3-ai-penny-stocks-with-massive-growth-potential-april-edition/">Invetorplace contributor Josh Enomoto</a>, &ldquo;For the current fiscal year, experts are calling for revenue of $66.07 million. That&rsquo;s up a staggering 89.1% from last year&rsquo;s tally of $34.93 million. In the following year, sales could jump to $88.74 million, implying a 34.3% gain over projected 2024 revenue.&rdquo;



<h2>Invesco AI and Next Gen Software ETF (IGPT)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2023/12/trillion-dollar-ai-stocks1600-300x169.png" alt="Automated stock trading concept. Robotic hand analyzing financial data on stock exchange, artificial intelligence utilization to predict precise price change in stock market. Trailblazing. trillion-dollar ai stocks. AI Stocks with Potential. stocks to buy. Strong Buy AI Stocks"><div>Source: Owlie Productions / Shutterstock.com</div></div>Or, we can diversify at a lower cost with an exchange-traded fund such as the&nbsp;Invesco AI and Next Gen Software ETF&nbsp;(NYSEARCA:<a href="https://investorplace.com/stock-quotes/igpt-stock-quote/">IGPT</a>). With an expense ratio of 0.61%, the ETF holds some of the top AI and machine learning stocks on the market, including Nvidia,&nbsp;Alphabet&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/goog-stock-quote/">GOOG</a>),&nbsp;Meta Platforms (NASDAQ:<a href="https://investorplace.com/stock-quotes/meta-stock-quote/">META</a>),&nbsp;Adobe&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/adbe-stock-quote/">ADBE</a>),&nbsp;Advanced Micro Devices&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/amd-stock-quote/">AMD</a>) and&nbsp;Qualcomm&nbsp;(NASDAQ:<a href="https://investorplace.com/stock-quotes/qcom-stock-quote/">QCOM</a>) to name a few.



What&rsquo;s nice about this ETF is that we can buy 100 shares of it for just under $4,300, which allows us to diversify with its 98 holdings. Or, we can just buy NVDA and not have the same diversification, and pay about $87,700 for 100 shares.



Since bottoming out at around $30.27 in October, the IGPT ETF hit a high of $47.03 in March. Now back to $42.78, I&rsquo;d like to see it initially retest its prior high. Even better, the ETF is technically oversold on RSI, MACD, and Williams&rsquo; %R &mdash; all of which are pivoting higher.



On <a href="https://investorplace.com/stock-types/penny-stocks/">Penny Stocks</a> and Low-Volume Stocks:&#8239;With only the rarest exceptions,&nbsp;InvestorPlace&nbsp;does not publish commentary about companies that have a market cap of less than $100 million or trade less than 100,000 shares each day. That&rsquo;s because these &ldquo;penny stocks&rdquo; are frequently the playground for scam artists and market manipulators. If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand that&#8239;InvestorPlace.com&rsquo;s&nbsp;writers disclose this fact and warn readers of the risks.



Read More:&nbsp;<a href="https://investorplace.com/2014/05/fraud-penny-stocks-scams/" target="_blank">Penny Stocks &mdash;&nbsp;How to Profit Without Getting Scammed</a>



On the date of publication, Ian Cooper&nbsp;did not have (either directly or indirectly) any positions in the securities mentioned.&nbsp;The opinions expressed in this article are those of the writer, subject to the&nbsp;InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/?utm_source=Nasdaq&amp;utm_medium=referral">Publishing Guidelines</a>.
<div>Ian Cooper, a contributor to InvestorPlace.com, has been analyzing stocks and options for web-based advisories since 1999.</div><h3>More From InvestorPlace</h3>
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The post <a href="https://investorplace.com/2024/05/3-machine-learning-stocks-with-the-potential-to-make-you-an-overnight-millionaire/">3 Machine Learning Stocks with the Potential to Make You an Overnight Millionaire</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

3 Machine Learning Stocks with the Potential to Make You an Overnight Millionaire

Perplexity isn't the next Google, and that's precisely why it's succeeding.

What the Rise of Perplexity Represents

ABNB

BIIB

CACG

CFCV

CHTR

CSCO

CSGP

DXCM

IGPT

INFR

INTU

LBRDK

LLYVK

LRGE

LTRN

LULU

NFLX

PODD

PYPL

REKR

SNOW

SPGI

TEAM

TSCO

TSLA

WDAY

WOLF

YLDE

Press Releases

Adobe Introduces Next Generation of Frame.io To Accelerate Content Workflow and Collaboration for Every Creative Project

Adobe Transforms Digital Document Experiences this Tax Season with General Availability of Acrobat AI Assistant

Adobe Previews Breakthrough AI Innovations to Advance Professional Video Workflows Within Adobe Premiere Pro

All-New Adobe Express Mobile App with Firefly AI Now Available to Millions Empowering them to Create Standout Content On-the-Go

AuditBoard Expands Executive Team to Support Continued Rapid Growth

Vuzix Corporation (NASDAQ: VUZI) Revolutionizing the Supply Chain with AR and Strategic Partnerships

New Adobe Photoshop with Advanced Generative Fill and Generate Image Brings New Superpowers to All

Adobe Charts the Future of Creativity and AI at MAX London

Adobe Introduces Firefly Image 3 Foundation Model to Take Creative Exploration and Ideation to New Heights

Harnessing AR in Logistics: Vuzix's (NASDAQ: VUZI) Smart Glasses Revolutionize Warehouse Operations

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Adobe Stock (NASDAQ:ADBE), Short Interest Report

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