According to the average brokerage recommendation (ABR), one should invest in Adobe (ADBE). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?
A weak outlook from Salesforce raised questions over how soon software companies will monetize generative AI products. Dell's profit margins on AI servers disappointed.
(Bloomberg) -- Shutterstock Inc., a marketplace of images and videos long used by content creators, has found a new growth engine: licensing the visual media in its library to train AI models.Most Read from BloombergBillionaire-Friendly Modi Humbled by Indians Who Make $4 a DayA Struggling Business Park Deals a Blow to Singapore's Regional Hub AmbitionsNvidia Tops $3 Trillion in Market Value, Leapfrogging AppleS&P 500 Hits 25th Record This Year as Tech Soars: Markets WrapBlackRock, Citadel Back