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Cloud Stocks: Adobe Builds on Firefly Generative AI

Adobe (NASDAQ: ADBE) recently reported its second quarter results that outpaced market expectations. Last quarter, it launched its generative AI tool called Adobe Firefly. Adobe continued to expand its AI capabilities by making Firefly a part of its other offerings. Adobe's Financials Adobe delivered a record second quarter with revenues growing 13% to $4.82 billion, ahead of the market's estimates of $4.76 billion. Adjusted EPS of $3.91 also beat analyst estimates of $3.76. By segment...
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