Why Did Analysts Give Adobe, Inc. (ADBE) a Moderate Buy Rating?

Yahoo Finance07:07

Rise of new forces! According to a report by Morgan Stanley, the proportion of retail options trading in the United States has reached a new high, favoring technology stocks.

Non-professional investors now hold a larger proportion in the US options market than ever before. They are investing a large amount of capital in short-term bets and favoring technology stocks.

Zhitong FinanceJun 29 17:04

Up & Down Wall Street: The Mag 7 Trade Is Aging. Buy Software And Oil Stocks

Barron'sJun 29 11:22

US stocks closed lower on the last day of June with all three major indexes down. The AI-driven Nasdaq rose 18% in the first half of the year, while Nvidia soared 149%.

After hitting a new high, the S&P and Dow fell together, possibly due to Goldman Sachs and JPMorgan bearish on US stocks. Amazon, Google, and Microsoft fell from their recent highs, while most chip stocks rose. However, Nvidia rose 3% before falling 0.4% as the AI hype drove the Nasdaq up 18% and the S&P up 14.5% in the first half of the year.

wallstreetcnJun 29 09:32

Adobe(ADBE.US) Officer Sells US$13.6 Million in Common Stock

$Adobe(ADBE.US)$ Officer NARAYEN SHANTANU sold 25,000 shares of common stock on Jun 27, 2024 at an average price of $544.1068 for a total value of $13.6 million.Source: Announcement What is statement

Futu NewsJun 29 05:30

Microsoft and 3 More Stocks to Play a Software Rebound

BarronsJun 29 02:18