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Early Holiday Online Spending Up 5%, Adobe Reports

Consumers spent over $63 billion online during the first weeks of the November, showing holiday spending is off to a healthy start. ....

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rephrase.ai: ETtech exclusive | Adobe acquires Indian generative AI startup Rephrase.ai

This also marks the first-ever deal for Adobe in the generative AI and video-tooling space. It also makes Rephrase the first Indian startup to be acquired by Adobe, which has largely made acquisitions in its home market, the US, and in Europe. ....

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Magellan Asset Management Ltd Has $417,000 Stock Holdings in Adobe Inc. (NASDAQ:ADBE)

Magellan Asset Management Ltd lowered its stake in Adobe Inc. (NASDAQ:ADBE – Free Report) by 3.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 853 shares of the software company’s stock after selling 27 shares during the period. Magellan Asset […] ....

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Guggenheim Capital LLC Purchases 1,108 Shares of Adobe Inc. (NASDAQ:ADBE)

Guggenheim Capital LLC raised its position in shares of Adobe Inc. (NASDAQ:ADBE – Free Report) by 0.8% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 145,781 shares of the software company’s stock after acquiring an additional 1,108 shares during the period. […] ....

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OpenAI Is a Battle Between Science and Business. Business Is Winning.

As OpenAI struggles to define its future, Microsoft stock is at an all-time high. ....

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